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Aitken Spence (COL:SPEN.N0000) 3-Year ROIIC % : 15.72% (As of Mar. 2023)


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What is Aitken Spence 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. Aitken Spence's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 15.72%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

COL:SPEN.N0000's 3-Year ROIIC % is ranked better than
70.18% of 513 companies
in the Conglomerates industry
Industry Median: 3.84 vs COL:SPEN.N0000: 15.72

Aitken Spence 3-Year ROIIC % Historical Data

The historical data trend for Aitken Spence'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.

Aitken Spence 3-Year ROIIC % Chart

Aitken Spence Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.11 -1.72 -18.68 4.41 15.72

Aitken Spence Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 15.72 - - -

Competitive Comparison of Aitken Spence's 3-Year ROIIC %

For the Conglomerates subindustry, Aitken Spence'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.


Aitken Spence's 3-Year ROIIC % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aitken Spence's 3-Year ROIIC % distribution charts can be found below:

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



Aitken Spence 3-Year ROIIC % Calculation

Aitken Spence's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 12252.025821 (Mar. 2023) - 3569.9688126 (Mar. 2020) )/( 177755.745 (Mar. 2023) - 122514.739 (Mar. 2020) )
=8682.0570084/55241.006
=15.72%***

* 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.


Aitken Spence  (COL:SPEN.N0000) 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.


Aitken Spence 3-Year ROIIC % Related Terms

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


Aitken Spence (COL:SPEN.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 315, Vauxhall Street, Aitken Spence Towers II, Colombo, LKA, 02
Aitken Spence PLC is a Sri Lankan-based conglomerate company. Its segments consist of Tourism, Maritime and Freight Logistics, Strategic Investments, and Services. The tourism segment includes Hotels, destination management, and Airline GSA. Maritime and Freight Logistics segments consist of Maritime and Port Services, Freight Forwarding and Courier, Airline GSA (Cargo), Integrated Logistics, and Education. Strategic Investment includes Power Generation, Apparel Manufacture, Printing and Packaging, and Plantations. The services sector is engaged in Money Transfer Services, Elevator Agencies, Insurance, and Property Management. The company's geographical segments are Sri Lanka, Maldives, and Other Countries.

Aitken Spence (COL:SPEN.N0000) Headlines

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