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FleetPartners Group (ASX:FPR) 3-Year ROIIC % : 57.53% (As of Sep. 2023)


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What is FleetPartners Group 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. FleetPartners Group's 3-Year ROIIC % for the quarter that ended in Sep. 2023 was 57.53%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASX:FPR's 3-Year ROIIC % is ranked better than
85.71% of 1008 companies
in the Business Services industry
Industry Median: 5.57 vs ASX:FPR: 57.53

FleetPartners Group 3-Year ROIIC % Historical Data

The historical data trend for FleetPartners Group'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.

FleetPartners Group 3-Year ROIIC % Chart

FleetPartners Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only 65.48 5.02 -9.65 -121.33 57.53

FleetPartners Group Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -9.65 - -121.33 - 57.53

Competitive Comparison of FleetPartners Group's 3-Year ROIIC %

For the Rental & Leasing Services subindustry, FleetPartners Group'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.


FleetPartners Group's 3-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FleetPartners Group's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where FleetPartners Group's 3-Year ROIIC % falls into.



FleetPartners Group 3-Year ROIIC % Calculation

FleetPartners Group's 3-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 69.2033307 (Sep. 2023) - -48.5785113 (Sep. 2020) )/( 1921.652 (Sep. 2023) - 1716.917 (Sep. 2020) )
=117.781842/204.735
=57.53%***

* 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.


FleetPartners Group  (ASX:FPR) 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.


FleetPartners Group 3-Year ROIIC % Related Terms

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FleetPartners Group (ASX:FPR) Business Description

Traded in Other Exchanges
N/A
Address
601 Pacific Highway, Level 6, St Leonards, Sydney, NSW, AUS, 2065
FleetPartners Group Ltd is a provider of fleet leasing and fleet management services that operates across Australia and New Zealand. The company offers consumers and businesses access to funding solutions including fleet leasing, novated leasing, and salary packaging solutions. Its business segments include Australia commercial, novated, and New Zealand commercial, with the majority of revenue flowing from Australia commercial. Australia commercial provides fleet leasing and management services; novated provides novated leasing and salary packaging services in Australia, and New Zealand commercial provides fleet leasing, management, and vehicle dealerships. Some of its brands include FleetPartners, FleetPlus and FleetChoice.

FleetPartners Group (ASX:FPR) Headlines

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