GURUFOCUS.COM » STOCK LIST » Technology » Software » WiseTech Global Ltd (ASX:WTC) » Definitions » 3-Year ROIIC %

WiseTech Global (ASX:WTC) 3-Year ROIIC % : 10.64% (As of Jun. 2023)


View and export this data going back to 2016. Start your Free Trial

What is WiseTech Global 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. WiseTech Global's 3-Year ROIIC % for the quarter that ended in Jun. 2023 was 10.64%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for WiseTech Global's 3-Year ROIIC % or its related term are showing as below:

ASX:WTC's 3-Year ROIIC % is ranked better than
63.23% of 2608 companies
in the Software industry
Industry Median: 1.82 vs ASX:WTC: 10.64

WiseTech Global 3-Year ROIIC % Historical Data

The historical data trend for WiseTech Global's 3-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.

WiseTech Global 3-Year ROIIC % Chart

WiseTech Global Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
3-Year ROIIC %
Get a 7-Day Free Trial 4.30 0.77 6.53 44.60 10.64

WiseTech Global Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-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 - 44.60 - 10.64 -

Competitive Comparison of WiseTech Global's 3-Year ROIIC %

For the Software - Application subindustry, WiseTech Global's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


WiseTech Global's 3-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, WiseTech Global's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where WiseTech Global's 3-Year ROIIC % falls into.



WiseTech Global 3-Year ROIIC % Calculation

WiseTech Global's 3-Year ROIIC % for the quarter that ended in Jun. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 210.513 (Jun. 2023) - 28.21555 (Jun. 2020) )/( 2789.4 (Jun. 2023) - 1076.5 (Jun. 2020) )
=182.29745/1712.9
=10.64%***

* 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 3-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.


WiseTech Global  (ASX:WTC) 3-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.


WiseTech Global 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of WiseTech Global's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


WiseTech Global (ASX:WTC) Business Description

Traded in Other Exchanges
Address
72 O’Riordan Street, Unit 3a, Alexandria, Sydney, NSW, AUS, 2015
WiseTech is a founder-led technology company that provides logistics software. WiseTech's core product suite, CargoWise, provides the best-in-class software solution for international freight-forwarding and boasts industry-leading annual customer retention rates of over 99%. CargoWise's main competition consists of in-house software solutions and manual processes, providing a large and highly winnable market opportunity for WiseTech's current and future products.

WiseTech Global (ASX:WTC) Headlines

No Headlines