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Ascom Leasing & Investments (NSE:ASCOM) 3-Year ROIIC % : 2.50% (As of Mar. 2023)


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What is Ascom Leasing & Investments 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. Ascom Leasing & Investments's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 2.50%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Ascom Leasing & Investments's 3-Year ROIIC % or its related term are showing as below:

NSE:ASCOM's 3-Year ROIIC % is ranked better than
50.4% of 379 companies
in the Credit Services industry
Industry Median: 2.4 vs NSE:ASCOM: 2.50

Ascom Leasing & Investments 3-Year ROIIC % Historical Data

The historical data trend for Ascom Leasing & Investments'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.

Ascom Leasing & Investments 3-Year ROIIC % Chart

Ascom Leasing & Investments Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial 24.24 19.26 1.73 8.22 2.50

Ascom Leasing & Investments Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC % Get a 7-Day Free Trial 24.24 19.26 1.73 8.22 2.50

Competitive Comparison of Ascom Leasing & Investments's 3-Year ROIIC %

For the Credit Services subindustry, Ascom Leasing & Investments'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.


Ascom Leasing & Investments's 3-Year ROIIC % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ascom Leasing & Investments's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ascom Leasing & Investments's 3-Year ROIIC % falls into.



Ascom Leasing & Investments 3-Year ROIIC % Calculation

Ascom Leasing & Investments'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**
=( 49.9937445 (Mar. 2023) - 47.7528585 (Mar. 2020) )/( 389.011 (Mar. 2023) - 299.441 (Mar. 2020) )
=2.240886/89.57
=2.50%***

* 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.


Ascom Leasing & Investments  (NSE:ASCOM) 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.


Ascom Leasing & Investments 3-Year ROIIC % Related Terms

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Ascom Leasing & Investments (NSE:ASCOM) Business Description

Traded in Other Exchanges
N/A
Address
Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Manibha Park, Surat, GJ, IND, 395007
Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of finance and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.

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