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World Chess (LSE:CHSS) 3-Year ROIIC % : -452.77% (As of Dec. 2023)


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What is World Chess 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. World Chess's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -452.77%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

LSE:CHSS's 3-Year ROIIC % is ranked worse than
97.17% of 2612 companies
in the Software industry
Industry Median: 1.89 vs LSE:CHSS: -452.77

World Chess 3-Year ROIIC % Historical Data

The historical data trend for World Chess'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.

World Chess 3-Year ROIIC % Chart

World Chess Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial - - 59.65 -74.53 -452.77

World Chess Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only 59.65 - -74.53 - -452.77

Competitive Comparison of World Chess's 3-Year ROIIC %

For the Software - Application subindustry, World Chess'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.


World Chess's 3-Year ROIIC % Distribution in the Software Industry

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

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



World Chess 3-Year ROIIC % Calculation

World Chess's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -3.588734 (Dec. 2023) - -0.559689 (Dec. 2020) )/( 5.598 (Dec. 2023) - 4.929 (Dec. 2020) )
=-3.029045/0.669
=-452.77%***

* 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.


World Chess  (LSE:CHSS) 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.


World Chess 3-Year ROIIC % Related Terms

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World Chess (LSE:CHSS) Business Description

Traded in Other Exchanges
N/A
Address
No 1 Royal Exchange, London, GBR, EC3V 3DG
World Chess PLC is the holding company of a group promoting the mass market appeal of chess globally through the commercial offering of chess-related activities. The activities of the company include the organization of top-level tournaments, operation of the official online gaming platform of the International Chess Federation and other sports, lifestyle and social activities, and merchandise related to chess.

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