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Afarak Group SE (OHEL:AFAGR) 3-Year ROIIC %

: -377.82% (As of Dec. 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. Afarak Group SE's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -377.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

OHEL:AFAGR's 3-Year ROIIC % is ranked worse than
93.53% of 2133 companies
in the Metals & Mining industry
Industry Median: -5.11 vs OHEL:AFAGR: -377.82

Afarak Group SE 3-Year ROIIC % Historical Data

The historical data trend for Afarak Group SE'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.

Afarak Group SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.22 17.36 -3.36 -69.51 -377.82

Afarak Group SE Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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 - -3.36 - -69.51 -377.82

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Afarak Group SE'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.


Afarak Group SE 3-Year ROIIC % Distribution

For the Metals & Mining industry and Basic Materials sector, Afarak Group SE's 3-Year ROIIC % distribution charts can be found below:

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



Afarak Group SE 3-Year ROIIC % Calculation

Afarak Group SE'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**
=( 12.2839543 (Dec. 2023) - -6.0365634 (Dec. 2020) )/( 129.004 (Dec. 2023) - 133.853 (Dec. 2020) )
=18.3205177/-4.849
=-377.82%***

* 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.


Afarak Group SE  (OHEL:AFAGR) 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.


Afarak Group SE 3-Year ROIIC % Related Terms

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Afarak Group SE (OHEL:AFAGR) Business Description

Traded in Other Exchanges
N/A
Address
Kaisaniemenkatu 4, Helsinki, FIN, 00100
Afarak Group SE is a chrome mining and minerals producer focused on sustainable growth with a specialty alloys business in southern Europe and a ferroalloys business. The company has two operating segments FerroAlloys and Speciality Alloys. The FerroAlloys business consists of the plant Mogale Alloys, Vlakpoort mine, Zeerust mine, the Stellite mine, and the Mecklenburg mine in South Africa. It produces chrome ore, charge chrome, medium carbon ferrochrome, and silicomanganese. The Speciality Alloys business consists of Turk Maadin Sirketi A.S, the mining and beneficiation operation in Turkey, and Elektrowerk Weisweiler GmbH, the chromite concentrate processing plant in Germany. The company operates in European countries, the United States, China, Africa, Finland, and Other countries.

Afarak Group SE (OHEL:AFAGR) Headlines

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