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InvoCare (ASX:IVC) 3-Year ROIIC % : -64.95% (As of Dec. 2022)


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What is InvoCare 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. InvoCare's 3-Year ROIIC % for the quarter that ended in Dec. 2022 was -64.95%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASX:IVC's 3-Year ROIIC % is not ranked
in the Personal Services industry.
Industry Median: -0.66 vs ASX:IVC: -64.95

InvoCare 3-Year ROIIC % Historical Data

The historical data trend for InvoCare'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.

InvoCare 3-Year ROIIC % Chart

InvoCare Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 7.03 35.34 6.76 -64.95

InvoCare Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 6.76 - -64.95 -

Competitive Comparison of InvoCare's 3-Year ROIIC %

For the Personal Services subindustry, InvoCare'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.


InvoCare's 3-Year ROIIC % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, InvoCare's 3-Year ROIIC % distribution charts can be found below:

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



InvoCare 3-Year ROIIC % Calculation

InvoCare's 3-Year ROIIC % for the quarter that ended in Dec. 2022 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 4.05206 (Dec. 2022) - 91.977675 (Dec. 2019) )/( 1659.618 (Dec. 2022) - 1524.245 (Dec. 2019) )
=-87.925615/135.373
=-64.95%***

* 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.


InvoCare  (ASX:IVC) 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.


InvoCare 3-Year ROIIC % Related Terms

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InvoCare (ASX:IVC) Business Description

Traded in Other Exchanges
N/A
Address
40 Mount Street, Level 5, North Sydney, NSW, AUS, 2060
InvoCare is the largest funeral, cemetery, and crematorium operator in Australia and New Zealand. We estimate InvoCare enjoys over a third of revenue share in Australia, and around a fifth in New Zealand, and is the number one player in both countries. Australia contributes the vast majority of consolidated earnings. InvoCare owns a portfolio of over 60 brands, including three flagship national Australian brands: White Lady, Simplicity Funerals, and Value Cremations, and owns and operates 290 funeral homes, along with 16 cemeteries and crematoria.

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