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WT Financial Group (ASX:WTL) 1-Year ROIIC % : 588.04% (As of Dec. 2023)


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What is WT Financial Group 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. WT Financial Group's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 588.04%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASX:WTL's 1-Year ROIIC % is ranked better than
94.45% of 631 companies
in the Asset Management industry
Industry Median: 1.28 vs ASX:WTL: 588.04

WT Financial Group 1-Year ROIIC % Historical Data

The historical data trend for WT Financial Group'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.

WT Financial Group 1-Year ROIIC % Chart

WT Financial Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only 1,496.74 105.11 35.10 6.46 -30.72

WT Financial Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 8.26 6.46 11.08 -30.72 588.04

Competitive Comparison of WT Financial Group's 1-Year ROIIC %

For the Asset Management subindustry, WT Financial Group'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.


WT Financial Group's 1-Year ROIIC % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, WT Financial Group's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where WT Financial Group's 1-Year ROIIC % falls into.



WT Financial Group 1-Year ROIIC % Calculation

WT Financial Group's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 3.945 (Dec. 2023) - 1.7575 (Dec. 2022) )/( 38.403 (Dec. 2023) - 38.031 (Dec. 2022) )
=2.1875/0.372
=588.04%***

* 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.


WT Financial Group  (ASX:WTL) 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.


WT Financial Group 1-Year ROIIC % Related Terms

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WT Financial Group (ASX:WTL) Business Description

Traded in Other Exchanges
N/A
Address
95 Pitt Street, Level 5, Australia Square Plaza Building, Sydney, NSW, AUS, 2000
WT Financial Group Ltd is a diversified financial services company. The company's operating segment includes B2B and B2C. It includes financial planning, investment advice and product sales; Accounting and taxation services, and others. It generates maximum revenue from the financial planning, investment advice and product sales segment. Its Financial planning, investment advice and product sales segment include the provision of a diverse range of financial services encompassing financial planning in self-managed superannuation funds (SMSFs) and direct and SMSF residential real estate investment.

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