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TAL Education Group (TAL Education Group) 3-Year ROIIC % : 18.21% (As of Feb. 2023)


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What is TAL Education Group 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. TAL Education Group's 3-Year ROIIC % for the quarter that ended in Feb. 2023 was 18.21%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TAL's 3-Year ROIIC % is ranked better than
68.83% of 247 companies
in the Education industry
Industry Median: 2.58 vs TAL: 18.21

TAL Education Group 3-Year ROIIC % Historical Data

The historical data trend for TAL Education 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.

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TAL Education Group 3-Year ROIIC % Chart

TAL Education Group Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.71 10.11 -10.01 48.62 18.21

TAL Education Group Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - 18.21 - - -

Competitive Comparison of TAL Education Group's 3-Year ROIIC %

For the Education & Training Services subindustry, TAL Education 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.


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

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

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



TAL Education Group 3-Year ROIIC % Calculation

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

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -107.279152 (Feb. 2023) - 394.2487967 (Feb. 2020) )/( 1573.919 (Feb. 2023) - 4328.71 (Feb. 2020) )
=-501.5279487/-2754.791
=18.21%***

* 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.


TAL Education Group  (NYSE:TAL) 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.


TAL Education Group 3-Year ROIIC % Related Terms

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TAL Education Group (TAL Education Group) Business Description

Address
Xiaoying West Street, 5th Floor, Tower B, Heying Center, Haidian District, Beijing, CHN, 100085
TAL Education Group is a smart learning solutions provider in China. K-9 academic afterschool tutoring used to account for the majority of TAL's revenue before the regulatory changes in 2021 that imposed a nonprofit requirement on the business. After spinning off its K-9 academic afterschool tutoring business, TAL realigned its focus toward enrichment learning, content solutions, and learning technology solutions.

TAL Education Group (TAL Education Group) Headlines

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