5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year.
Frequency Electronics's 5-Year ROIIC % for the quarter that ended in Apr. 2023 was -263.13%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Frequency Electronics's 5-Year ROIIC % or its related term are showing as below:
FEIM's 5-Year ROIIC % is ranked worse than 96.98% of 2382
companies
in the Hardware industry
Industry Median: 3.36
vs FEIM: -263.13
Frequency Electronics 5-Year ROIIC % Historical Data
The historical data trend for Frequency Electronics's 5-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.
Competitive Comparison of Frequency Electronics's 5-Year ROIIC %
For the Communication Equipment subindustry, Frequency Electronics's 5-Year ROIIC %, along with its competitors' market caps and 5-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.
Frequency Electronics's 5-Year ROIIC % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Frequency Electronics's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Frequency Electronics's 5-Year ROIIC % falls into.
Frequency Electronics 5-Year ROIIC % Calculation
Frequency Electronics's 5-Year ROIIC % for the quarter that ended in Apr. 2023 is calculated as:
5-Year ROIIC %
=
5-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* 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 5-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.
Frequency Electronics (NAS:FEIM) 5-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.
Frequency Electronics 5-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Frequency Electronics's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Frequency Electronics (Frequency Electronics) Business Description
Frequency Electronics Inc is engaged in the design, development, and manufacture of high-precision timing, and frequency control products for space, air, sea, and terrestrial applications. The company has FEI-NY and FEI-Zyfer reportable segments. It derives the majority of its revenues from the FEI-NY segment. FEI-NY segment operations consist principally of precision time and frequency control products used in three principal markets namely communication satellites (both commercial and U.S. Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military.
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