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Thermal Energy International (FRA:EUW) 3-Year ROIIC % : 4.26% (As of May. 2023)


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What is Thermal Energy International 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. Thermal Energy International's 3-Year ROIIC % for the quarter that ended in May. 2023 was 4.26%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

FRA:EUW's 3-Year ROIIC % is ranked worse than
52.67% of 2907 companies
in the Industrial Products industry
Industry Median: 5.61 vs FRA:EUW: 4.26

Thermal Energy International 3-Year ROIIC % Historical Data

The historical data trend for Thermal Energy International'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.

Thermal Energy International 3-Year ROIIC % Chart

Thermal Energy International Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.77 257.11 113.24 41.14 4.26

Thermal Energy International Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - - 4.26 - -

Competitive Comparison of Thermal Energy International's 3-Year ROIIC %

For the Pollution & Treatment Controls subindustry, Thermal Energy International'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.


Thermal Energy International's 3-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermal Energy International's 3-Year ROIIC % distribution charts can be found below:

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



Thermal Energy International 3-Year ROIIC % Calculation

Thermal Energy International's 3-Year ROIIC % for the quarter that ended in May. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 0.8076418 (May. 2023) - 0.7211592 (May. 2020) )/( 4.388 (May. 2023) - 2.88 (May. 2020) )
=0.0864826/1.508
=5.73%***

* 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.


Thermal Energy International  (FRA:EUW) 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.


Thermal Energy International 3-Year ROIIC % Related Terms

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Thermal Energy International (FRA:EUW) Business Description

Traded in Other Exchanges
Address
36 Antares Drive, Suite 850, Ottawa, ON, CAN, K2E 7W5
Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.

Thermal Energy International (FRA:EUW) Headlines

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