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Global Education (NSE:GLOBAL) 3-Year ROIIC % : 70.59% (As of Mar. 2023)


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What is Global Education 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. Global Education's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 70.59%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:GLOBAL's 3-Year ROIIC % is ranked better than
85.37% of 246 companies
in the Education industry
Industry Median: 2.76 vs NSE:GLOBAL: 70.59

Global Education 3-Year ROIIC % Historical Data

The historical data trend for Global Education'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.

Global Education 3-Year ROIIC % Chart

Global Education Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.03 - -14.40 27.65 70.59

Global Education Quarterly Data
Sep18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 70.59 - - -

Competitive Comparison of Global Education's 3-Year ROIIC %

For the Education & Training Services subindustry, Global Education'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.


Global Education's 3-Year ROIIC % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Global Education's 3-Year ROIIC % distribution charts can be found below:

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



Global Education 3-Year ROIIC % Calculation

Global Education's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 210.8829267 (Mar. 2023) - 62.7573348 (Mar. 2020) )/( 594.812 (Mar. 2023) - 384.987 (Mar. 2020) )
=148.1255919/209.825
=70.59%***

* 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.


Global Education  (NSE:GLOBAL) 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.


Global Education 3-Year ROIIC % Related Terms

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Global Education (NSE:GLOBAL) Business Description

Traded in Other Exchanges
N/A
Address
345, Kingsway, 4th Floor, Usha Complex, Nagpur, MH, IND, 440001
Global Education Ltd is a service provider for educational support and related activities. It operates in two segments, namely, Educational Training and Development Activities and Educational Business Support Activities. The company offers professional training and skill development to corporates, teachers, and students for human capital development and other business support services to educational institutions. The company earns its major revenue from the Educational Business Support Activities segment.

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