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Visionary Holdings (Visionary Holdings) 3-Year ROIIC % : 0.09% (As of Mar. 2023)


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What is Visionary Holdings 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. Visionary Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 0.09%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

GV's 3-Year ROIIC % is ranked worse than
57.14% of 245 companies
in the Education industry
Industry Median: 2.79 vs GV: 0.09

Visionary Holdings 3-Year ROIIC % Historical Data

The historical data trend for Visionary Holdings'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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Visionary Holdings 3-Year ROIIC % Chart

Visionary Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
- - - 0.09

Visionary Holdings Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
3-Year ROIIC % Get a 7-Day Free Trial - - - 0.09 -

Competitive Comparison of Visionary Holdings's 3-Year ROIIC %

For the Education & Training Services subindustry, Visionary Holdings'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.


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

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

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



Visionary Holdings 3-Year ROIIC % Calculation

Visionary Holdings'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**
=( 0.4358296 (Mar. 2023) - 0.3136011 (Mar. 2020) )/( 144.84 (Mar. 2023) - 4.512 (Mar. 2020) )
=0.1222285/140.328
=0.09%***

* 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.


Visionary Holdings  (NAS:GV) 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.


Visionary Holdings 3-Year ROIIC % Related Terms

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Visionary Holdings (Visionary Holdings) Business Description

Traded in Other Exchanges
N/A
Address
105 Moatfield Drive, Unit 1003, Toronto, ON, CAN, M3B 0A2
Visionary Education Technology Holdings Group Inc engaged in education related businesses, which includes high school education programs, real estate development, vocational education, online education and other education-related consulting services.