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.
Davide Campari-Milano NV's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 12.72%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Davide Campari-Milano NV's 3-Year ROIIC % or its related term are showing as below:
MIL:CPR's 3-Year ROIIC % is ranked better than 55.5% of 209
companies
in the Beverages - Alcoholic industry
Industry Median: 9.25
vs MIL:CPR: 12.72
Davide Campari-Milano NV 3-Year ROIIC % Historical Data
* 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.
Competitive Comparison of Davide Campari-Milano NV's 3-Year ROIIC %
For the Beverages - Wineries & Distilleries subindustry, Davide Campari-Milano NV'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.
Davide Campari-Milano NV's 3-Year ROIIC % Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Davide Campari-Milano NV's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Davide Campari-Milano NV's 3-Year ROIIC % falls into.
Davide Campari-Milano NV's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 431.45784 (Dec. 2023) - 206.96357 (Dec. 2020) )
/
( 5305 (Dec. 2023) - 3540 (Dec. 2020) )
=
224.49427
/
1765
=
12.72%***
* 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.
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.
Davide Campari-Milano NV 3-Year ROIIC % Related Terms
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Davide Campari-Milano NV (MIL:CPR) Business Description
Davide Campari-Milano, or Campari, is the Italian-headquartered parent of the Campari Group and is the world's leading manufacturer of liqueurs, according to Euromonitor, with a volume share of 10% in 2022. The company's liqueur portfolio includes aperitifs Aperol, Campari, Cinzano Vermouth, and Grand Marnier. The remainder of the portfolio spans a wide range of categories, including global priority brands Skyy vodka and Wild Turkey bourbon, and niche brands such as Appleton Estate Rum, Bulldog gin, and Espolon tequila. Campari also produces and markets a range of champagne and sparkling wines.Campari is controlled by Lagfin S.C.A., a Luxembourg-based holding company, which holds 54% of the share capital and over 60% of the voting rights. A further 43% of the equity is free float.
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