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Asia Aviation PCL (BKK:AAV) 1-Year ROIIC % : -488.88% (As of Mar. 2024)


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What is Asia Aviation PCL 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. Asia Aviation PCL's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -488.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BKK:AAV's 1-Year ROIIC % is ranked worse than
95.58% of 927 companies
in the Transportation industry
Industry Median: 1.3 vs BKK:AAV: -488.88

Asia Aviation PCL 1-Year ROIIC % Historical Data

The historical data trend for Asia Aviation PCL'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.

Asia Aviation PCL 1-Year ROIIC % Chart

Asia Aviation PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47.41 -56.27 -56.95 -60.06 -761.20

Asia Aviation PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 368.30 -671.59 -219.11 -761.20 -488.88

Competitive Comparison of Asia Aviation PCL's 1-Year ROIIC %

For the Airlines subindustry, Asia Aviation PCL'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.


Asia Aviation PCL's 1-Year ROIIC % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asia Aviation PCL's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Asia Aviation PCL's 1-Year ROIIC % falls into.



Asia Aviation PCL 1-Year ROIIC % Calculation

Asia Aviation PCL'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
=( 2121.1662 (Mar. 2024) - -3567.2328 (Mar. 2023) )/( 73235.103 (Mar. 2024) - 74398.653 (Mar. 2023) )
=5688.399/-1163.55
=-488.88%***

* 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.


Asia Aviation PCL  (BKK:AAV) 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.


Asia Aviation PCL 1-Year ROIIC % Related Terms

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Asia Aviation PCL (BKK:AAV) Business Description

Traded in Other Exchanges
Address
Vibhavadee Rangsit Road, 3rd floor, Central Office Building, Room no. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. The company has two operating segments; Schedule flight operations provide passenger air transportation services to routine destinations for scheduled flights. It sells tickets through its distribution channels such as websites, sale counters, travel agents. and Chartered flight operations provide passenger air transportation services to non-routine destinations. Flights are operated when there is hiring from customers such as tourist agency companies.

Asia Aviation PCL (BKK:AAV) Headlines

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