GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » FRMO Corp (OTCPK:FRMO) » Definitions » 3-Year ROIIC %

FRMO (FRMO) 3-Year ROIIC % : 0.00% (As of May. 2014)


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

What is FRMO 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. FRMO does not have enough data to calculate 3-Year ROIIC %.


FRMO 3-Year ROIIC % Historical Data

The historical data trend for FRMO'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.

FRMO 3-Year ROIIC % Chart

FRMO Annual Data
Trend Feb00 Feb01 Feb02 Feb03 Feb04 May12 May13 May14
3-Year ROIIC %
Get a 7-Day Free Trial - 9.05 - - -

FRMO Semi-Annual Data
Feb00 Feb01 Feb02 Feb03 Feb04 May12 May13 May14
3-Year ROIIC % Get a 7-Day Free Trial - 9.05 - - -

Competitive Comparison of FRMO's 3-Year ROIIC %

For the Asset Management subindustry, FRMO'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.


FRMO's 3-Year ROIIC % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, FRMO's 3-Year ROIIC % distribution charts can be found below:

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



FRMO 3-Year ROIIC % Calculation

FRMO's 3-Year ROIIC % for the quarter that ended in May. 2014 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 3.43128 (May. 2014) - (May. 2011) )/( 34.649 (May. 2014) - (May. 2011) )
=/
=N/A%***

* 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.


FRMO  (OTCPK:FRMO) 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.


FRMO 3-Year ROIIC % Related Terms

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


FRMO (FRMO) Business Description

Traded in Other Exchanges
N/A
Address
1 North Lexington Avenue, Suite 12C, White Plains, NY, USA, 10601
FRMO Corp is focused its activities on making strategic investments in public and private companies.
Executives
Steven Bregman director, 10 percent owner, officer: President HORIZON KINETICS LLC, 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Santa Monica Partners Lp director 1865 PALMER AVENUE, LARCHMONT NY 10538
Lawrence J Goldstein director 1865 PALMER AVE 108, LARCHMONT NY 10538
Jay P Hirschson director 747 GREENWICH ST, SUITE 400, NEW YORK NY 10014
Murray Stahl director, 10 percent owner, officer: CEO C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Peter Doyle director, 10 percent owner, officer: Vice President, other: Secretary 470 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10016
Lester J Tanner director, officer: Secretary 100 PARK AVENUE SUITE 3302, NEW YORK NY 10017
Allan Kornfeld director 123 WILD DUNES WAY, JACKSON NJ 08527

FRMO (FRMO) Headlines

From GuruFocus

3 of Murray Stahl's Latest Investment Ideas

By Bram de Haas Bram de Haas 08-29-2016

FRMO Corp. Q3 2014 Conference Call

By Grass Hopper Grass Hopper 06-25-2014

Does it make sense to invest in “great” capital allocators

By whopper investments whopper investments 10-14-2013

Interview with Murray Stahl of Horizon Kinetics (May 2013)

By Grass Hopper Grass Hopper 11-05-2013

Horizon Research Group - John Maynard Keynes as Investor, Part II

By Grass Hopper Grass Hopper 11-12-2013

Horizon Research Group - Bonds and Gold: A Dangerous Hedge

By Grass Hopper Grass Hopper 12-13-2013

Horizon Research Group - Opportunity Cost and Risk

By Grass Hopper Grass Hopper 12-13-2013

Horizon Kinetics - Q1 2014 Commentary

By Grass Hopper Grass Hopper 04-17-2014

Horizon Research Group – Eleanor Lambert: Demand Creator

By Grass Hopper Grass Hopper 12-12-2013

Horizon Research Group - Art Dealers: The Other Vincent Van Gogh

By Grass Hopper Grass Hopper 12-10-2013