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Hino Motors (TSE:7205) 3-Year ROIIC % : -17.53% (As of Mar. 2024)


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What is Hino Motors 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. Hino Motors's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was -17.53%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:7205's 3-Year ROIIC % is ranked worse than
79.71% of 207 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 12.04 vs TSE:7205: -17.53

Hino Motors 3-Year ROIIC % Historical Data

The historical data trend for Hino Motors'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.

Hino Motors 3-Year ROIIC % Chart

Hino Motors Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.91 -62.96 -71.35 -9.84 -17.53

Hino Motors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -9.84 - - - -17.53

Competitive Comparison of Hino Motors's 3-Year ROIIC %

For the Farm & Heavy Construction Machinery subindustry, Hino Motors'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.


Hino Motors's 3-Year ROIIC % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hino Motors's 3-Year ROIIC % distribution charts can be found below:

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



Hino Motors 3-Year ROIIC % Calculation

Hino Motors's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -4740.93 (Mar. 2024) - 40981.9455 (Mar. 2021) )/( 1187662 (Mar. 2024) - 926809 (Mar. 2021) )
=-45722.8755/260853
=-17.53%***

* 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.


Hino Motors  (TSE:7205) 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.


Hino Motors 3-Year ROIIC % Related Terms

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Hino Motors (TSE:7205) Business Description

Traded in Other Exchanges
Address
1-1 Hinodai 3-chome, Hino-shi, Tokyo, JPN
Hino Motors Ltd is a Japanese automobile manufacturer, and a subsidiary of Toyota Motor. The company primarily manufactures and sells medium and heavy commercial vehicles, such as trucks and buses, and light commercial vehicles under the Hino brand. These operations contribute the majority of consolidated revenue. In addition, Hino manufactures passenger vehicles under the Toyota brand, along with engines and spare parts. Domestic sales represent the largest share of Hino's revenue, with Asia excluding Japan the next most significant contributor.

Hino Motors (TSE:7205) Headlines

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