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.
Viavi Solutions's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 207.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Viavi Solutions's 1-Year ROIIC % or its related term are showing as below:
VIAV's 1-Year ROIIC % is ranked better than 91.94% of 2358
companies
in the Hardware industry
Industry Median: 1.925
vs VIAV: 207.11
Viavi Solutions 1-Year ROIIC % Historical Data
The historical data trend for Viavi Solutions's 1-Year ROIIC % can be seen below:
* 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 Viavi Solutions's 1-Year ROIIC %
For the Communication Equipment subindustry, Viavi Solutions'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.
Viavi Solutions's 1-Year ROIIC % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Viavi Solutions's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Viavi Solutions's 1-Year ROIIC % falls into.
Viavi Solutions 1-Year ROIIC % Calculation
Viavi Solutions'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
=
( 34.1908 (Dec. 2023) - 93.2165 (Dec. 2022) )
/
( 1157.5 (Dec. 2023) - 1186 (Dec. 2022) )
=
-59.0257
/
-28.5
=
207.11%***
* 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.
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.
Viavi Solutions 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Viavi Solutions's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Viavi Solutions (Viavi Solutions) Business Description
Viavi Solutions Inc. is a global provider of network test, monitoring and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military and avionics customers. The company also offers high-performance thin-film optical coatings, providing light management solutions to anti-counterfeiting, 3D sensing, electronics, automotive, defense and instrumentation markets. Its operating segments include Network Enablement, Service Enablement, and Optical Security and Performance Products. Geographically, it derives a majority of revenue from the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VIAV has been successfully added to your 