GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Corporate Travel Management Ltd (ASX:CTD) » Definitions » 3-Year ROIIC %

Corporate Travel Management (ASX:CTD) 3-Year ROIIC % : 16.58% (As of Jun. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Corporate Travel Management 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Corporate Travel Management's 3-Year ROIIC % for the quarter that ended in Jun. 2023 was 16.58%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Corporate Travel Management's 3-Year ROIIC % or its related term are showing as below:

ASX:CTD's 3-Year ROIIC % is ranked better than
62.52% of 803 companies
in the Travel & Leisure industry
Industry Median: 4.93 vs ASX:CTD: 16.58

Corporate Travel Management 3-Year ROIIC % Historical Data

The historical data trend for Corporate Travel Management's 3-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.

* Premium members only.

Corporate Travel Management 3-Year ROIIC % Chart

Corporate Travel Management Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.48 -52.23 -41.56 -17.89 16.58

Corporate Travel Management Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -17.89 - 16.58 -

Competitive Comparison of Corporate Travel Management's 3-Year ROIIC %

For the Travel Services subindustry, Corporate Travel Management's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


Corporate Travel Management's 3-Year ROIIC % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Corporate Travel Management's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Corporate Travel Management's 3-Year ROIIC % falls into.



Corporate Travel Management 3-Year ROIIC % Calculation

Corporate Travel Management's 3-Year ROIIC % for the quarter that ended in Jun. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 73.395576 (Jun. 2023) - -12.6546 (Jun. 2020) )/( 1151.186 (Jun. 2023) - 632.193 (Jun. 2020) )
=86.050176/518.993
=16.58%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-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.


Corporate Travel Management  (ASX:CTD) 3-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.


Corporate Travel Management 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Corporate Travel Management's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Corporate Travel Management (ASX:CTD) Business Description

Traded in Other Exchanges
Address
307 Queen Street, Level 24, Brisbane, QLD, AUS, 4000
Corporate Travel Management provides travel services for business and government clients across the Americas, Australia and New Zealand, Europe, and Asia. The company has built scale and breadth through both organic growth and acquisitions. As of 2022, Corporate Travel is the world's fourth-largest corporate travel management company based with pro forma, pre-COVID-19 total transaction volumes of AUD 11 billion, but it remains a relative minnow in the highly fragmented USD 1.5 trillion global market. The group offers expertise and personalized service to corporate clients spanning various industries such as government, healthcare, mining, energy, infrastructure, and construction. Before the pandemic, more than 60% of the group's client travel was domestic (within country) in nature.

Corporate Travel Management (ASX:CTD) Headlines

No Headlines