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Greencore Group (LSE:GNC) 3-Year ROIIC %

: -26.60% (As of Sep. 2023)
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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. Greencore Group's 3-Year ROIIC % for the quarter that ended in Sep. 2023 was -26.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

LSE:GNC's 3-Year ROIIC % is ranked worse than
78.22% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 1.69 vs LSE:GNC: -26.60

Greencore Group 3-Year ROIIC % Historical Data

The historical data trend for Greencore 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.

Greencore Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
3-Year ROIIC %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.19 14.87 9.42 25.65 -26.60

Greencore Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
3-Year ROIIC % 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 Premium Member Only Premium Member Only Premium Member Only 9.42 - 25.65 - -26.60

Competitive Comparison

For the Packaged Foods subindustry, Greencore 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.


Greencore Group 3-Year ROIIC % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Greencore Group's 3-Year ROIIC % distribution charts can be found below:

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



Greencore Group 3-Year ROIIC % Calculation

Greencore 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**
=( 60.91514 (Sep. 2023) - 26.67597 (Sep. 2020) )/( 1155.2 (Sep. 2023) - 1283.9 (Sep. 2020) )
=34.23917/-128.7
=-26.60%***

* 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.


Greencore Group  (LSE:GNC) 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.


Greencore Group 3-Year ROIIC % Related Terms

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Greencore Group (LSE:GNC) Business Description

Traded in Other Exchanges
Address
No. 2 Northwood Avenue, Northwood Business Park, Santry, Dublin, IRL, D09 X5N9
Greencore Group PLC is a convenience food manufacturer that supplies chilled and frozen food to customers based in U.K. and the U.S. The company's operating business segment is Convenience Foods UK & Ireland. The UK Convenience Food categories including sandwiches, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, frozen Yorkshire Puddings and cakes and desserts categories as well as the Irish Ingredients trading business.

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