Godo Steel (TSE:5410) 5-Year ROIIC %

: -9.52% (As of Mar. 2022)

View and export this data going back to 1961. Start your Free Trial

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. Godo Steel's 5-Year ROIIC % for the quarter that ended in Mar. 2022 was -9.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Godo Steel's 5-Year ROIIC % or its related term are showing as below:

TSE:5410's 5-Year ROIIC % is ranked worse than
76.39% of 593 companies
in the Steel industry
Industry Median: 8.96 vs TSE:5410: -9.52

Competitive Comparison

For the Steel subindustry, Godo Steel'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.

Annual Data Quarterly Data

Godo Steel 5-Year ROIIC % Distribution

For the Steel industry and Basic Materials sector, Godo Steel's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Godo Steel's 5-Year ROIIC % falls in comparison to its industry or sector. The grey bar indicates the 5-Year ROIIC %'s extreme value range as defined by GuruFocus.

Godo Steel 5-Year ROIIC % Calculation

Godo Steel's 5-Year ROIIC % for the quarter that ended in Mar. 2022 is calculated as:

5-Year ROIIC %	=	5-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	5-Year Incremental Invested Capital^**
	=	( -1665.9369 (Mar. 2022) - 1910.9649 (Mar. 2017) )	/	( 176428 (Mar. 2022) - 138873 (Mar. 2017) )
	=	-3576.9018	/	37555
	=	-9.52 %

* 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 %.

Godo Steel (TSE:5410) 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.

Godo Steel 5-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Godo Steel's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.

Godo Steel (TSE:5410) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Godo Steel Ltd (TSE:5410) » Definitions » 5-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Toyobo Building 8th Floor, 2-2-8Doujima-hama Kita-ku, Osaka-shi, Osaka, JPN, 5300004

Website

http://www.godo-steel.co.jp

Godo Steel Ltd manufactures and sells steel products in Japan and internationally. The company offers wire rods for tire chains, stapler needles, and fencing applications; large and middle shapes that are used in construction, civil engineering, and other sectors; structural bars, which are used as materials for making parts of construction and industrial machinery, ships, and other equipment; and rails. It also provides deformed bars that are used as construction and civil engineering materials; EG joints and anchor plates; and billets. In addition, the company offers reinforcing bars, wire products, firebricks, and ballasts; trucking services; and industrial waste disposal services.

Godo Steel (TSE:5410) Headlines

No Headlines