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.
Trio-Tech International's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 37.62%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Trio-Tech International's 1-Year ROIIC % or its related term are showing as below:
TRT's 1-Year ROIIC % is ranked better than 72.74% of 961
companies
in the Semiconductors industry
Industry Median: -3.62
vs TRT: 37.62
Trio-Tech International 1-Year ROIIC % Historical Data
* 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.
Competitive Comparison of Trio-Tech International's 1-Year ROIIC %
For the Semiconductor Equipment & Materials subindustry, Trio-Tech International'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.
Trio-Tech International's 1-Year ROIIC % Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Trio-Tech International's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Trio-Tech International's 1-Year ROIIC % falls into.
Trio-Tech International 1-Year ROIIC % Calculation
Trio-Tech International's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( 0.821 (Dec. 2023) - 1.9349 (Dec. 2022) )
/
( 23.106 (Dec. 2023) - 26.067 (Dec. 2022) )
=
-1.1139
/
-2.961
=
37.62%***
* 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.
** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Trio-Tech International (AMEX:TRT) 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.
Trio-Tech International 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Trio-Tech International's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Trio-Tech International (Trio-Tech International) Business Description
Trio-Tech International is a provider of third-party semiconductor testing and burn-in services through its laboratories in Southeast Asia. The company operates in four segments namely Manufacturing, Testing services, Distribution, and Real Estate. Its Manufacturing segment manufactures both front-end and back-end semiconductor test equipment and related peripherals. The Testing segment renders services to the manufacturer and purchaser of semiconductors and other entities. Its Distribution segment is involved in the distribution of its products. The company's Real Estate segment consists of investment in real estate. Its geographical area of operations includes the United States, Singapore, Malaysia, Thailand, and China.
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