Tomra Systems ASA (OTCPK:TMRAF) 1-Year ROIIC %

: -2.30% (As of Sep. 2022)

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1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Tomra Systems ASA's 1-Year ROIIC % for the quarter that ended in Sep. 2022 was -2.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Tomra Systems ASA's 1-Year ROIIC % or its related term are showing as below:

TMRAF's 1-Year ROIIC % is ranked worse than
56.12% of 196 companies
in the Waste Management industry
Industry Median: 1.14 vs TMRAF: -2.30

Competitive Comparison

For the Waste Management subindustry, Tomra Systems ASA's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Annual Data Quarterly Data

Tomra Systems ASA 1-Year ROIIC % Distribution

For the Waste Management industry and Industrials sector, Tomra Systems ASA's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Tomra Systems ASA's 1-Year ROIIC % falls in comparison to its industry or sector. The grey bar indicates the 1-Year ROIIC %'s extreme value range as defined by GuruFocus.

Tomra Systems ASA 1-Year ROIIC % Calculation

Tomra Systems ASA's 1-Year ROIIC % for the quarter that ended in Sep. 2022 is calculated as:

1-Year ROIIC %	=	1-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	1-Year Incremental Invested Capital
	=	( 114.78930483991 (Sep. 2022) - 132.53047216838 (Sep. 2021) )	/	( 1202.9558276609 (Sep. 2022) - 1191.6427012231 (Sep. 2021) )
	=	-17.741167328476	/	11.313126437773
	=	-156.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

^**While calculating 1-Year ROIIC %, twelve months (TTM) data for NOPAT will be applied if latest quarterly financials are available after its last annual reports. Otherwise, annual data will be used.

Tomra Systems ASA (OTCPK:TMRAF) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

Tomra Systems ASA 1-Year ROIIC % Related Terms

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Tomra Systems ASA (OTCPK:TMRAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tomra Systems ASA (OTCPK:TMRAF) » Definitions » 1-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

TMRAY:USA TOMo:Sweden TOM:Norway TOMO:UK 0KV7:UK TMRA:Germany

Address

Drengsrudhagen 2, Asker, NOR, 1385

Website

https://www.tomra.com

Tomra Systems ASA provides sorting and recycling solutions to better equip customers for handling waste. It operates two primary business segments: collection solutions (a majority of total revenue) and sorting solutions. The company produces, sells, and services automated recycling systems, including data administration systems that monitor the volume of collected materials. It manufactures reverse vending machines to collect empty beverage containers. The empty beverage containers are gathered and processed into reusable molds. Tomra services the machines and provides replacement parts to ensure optimal performance. Food sorting solutions inspect individual pieces and stop resources from going to waste. The majority of revenue comes from customers in Europe and North America.