GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Emerging Display Technologies Corp (TPE:3038) » Definitions » 1-Year ROIIC %

Emerging Display Technologies (TPE:3038) 1-Year ROIIC % : 27.14% (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Emerging Display Technologies 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. Emerging Display Technologies's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was 27.14%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TPE:3038's 1-Year ROIIC % is ranked better than
69.77% of 2415 companies
in the Hardware industry
Industry Median: 0.59 vs TPE:3038: 27.14

Emerging Display Technologies 1-Year ROIIC % Historical Data

The historical data trend for Emerging Display Technologies'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.

Emerging Display Technologies 1-Year ROIIC % Chart

Emerging Display Technologies 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 183.30 -117.43 -31.94 -172.07 -35.52

Emerging Display Technologies 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 -202.42 -39.53 -69.69 -35.52 27.14

Competitive Comparison of Emerging Display Technologies's 1-Year ROIIC %

For the Electronic Components subindustry, Emerging Display Technologies'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.


Emerging Display Technologies's 1-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Emerging Display Technologies's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Emerging Display Technologies's 1-Year ROIIC % falls into.



Emerging Display Technologies 1-Year ROIIC % Calculation

Emerging Display Technologies'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
=( 341.5934 (Mar. 2024) - 375.6609 (Mar. 2023) )/( 1167.308 (Mar. 2024) - 1292.82 (Mar. 2023) )
=-34.0675/-125.512
=27.14%***

* 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.


Emerging Display Technologies  (TPE:3038) 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.


Emerging Display Technologies 1-Year ROIIC % Related Terms

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


Emerging Display Technologies (TPE:3038) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Central 1st Road, Qianzhen District, Kaohsiung City, TWN
Emerging Display Technologies Corp is engaged in manufacturing and selling Capacity Touch Panel and liquid crystal displays (LCDs). Its operating segments include the domestic segment, the North America segment, and the mainland China segment. The domestic segment engages in designing, manufacturing, and selling liquid crystal displays modules and capacitive touch panel, and functions as operating headquarters of the Group. The North America segment mainly expands the North American trading business and implements marketing functions in North America. The North America segment engages in the sale of liquid crystal displays provided by the domestic segment. The mainland China segment engages in the manufacture of processing raw materials and supplies provided by the domestic segment.

Emerging Display Technologies (TPE:3038) Headlines

No Headlines