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Select Harvests (ASX:SHV) 1-Year ROIIC % : 49.00% (As of Mar. 2024)


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What is Select Harvests 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Select Harvests's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 49.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Select Harvests's 1-Year ROIIC % or its related term are showing as below:

ASX:SHV's 1-Year ROIIC % is ranked better than
77.48% of 1807 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs ASX:SHV: 49.00

Select Harvests 1-Year ROIIC % Historical Data

The historical data trend for Select Harvests's 1-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.

Select Harvests 1-Year ROIIC % Chart

Select Harvests Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Sep19 Sep20 Sep21 Sep22 Sep23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 221.25 -11.60 -2.91 -159.94 72.81

Select Harvests Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
1-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 157.85 -159.94 99.86 72.81 49.00

Competitive Comparison of Select Harvests's 1-Year ROIIC %

For the Packaged Foods subindustry, Select Harvests's 1-Year ROIIC %, along with its competitors' market caps and 1-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.


Select Harvests's 1-Year ROIIC % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Select Harvests's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Select Harvests's 1-Year ROIIC % falls into.



Select Harvests 1-Year ROIIC % Calculation

Select Harvests's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -58.2848 (Mar. 2024) - -76.492 (Mar. 2023) )/( 895.941 (Mar. 2024) - 858.78 (Mar. 2023) )
=18.2072/37.161
=49.00%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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.


Select Harvests  (ASX:SHV) 1-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.


Select Harvests 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Select Harvests's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Select Harvests (ASX:SHV) Business Description

Traded in Other Exchanges
Address
570-588 Swan Street, L3, Building 7, Botanicca Corporate Park, Richmond, VIC, AUS, VIC 3121
Select Harvests Ltd engages in the processing, packaging, marketing, and distribution of edible nuts, dried fruits, seeds, and a range of natural health foods in Australia. The company operates the Food Division and Almond Division. The Food division accounts for the majority of revenue processes, markets, and distributes edible nuts, dried fruits, seeds, and a range of natural health foods. The Almond Division grows, processes, and sells almonds to the food industry from company-owned almond orchards, and provides a range of management services to external owners of almond orchards, including orchard development, tree supply, farm management, land and irrigation infrastructure rental, and the sale of almonds on behalf of external investors.

Select Harvests (ASX:SHV) Headlines

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