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Arham Technologies (NSE:SMARHAM) 3-Year ROIIC % : 15.24% (As of Mar. 2023)


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What is Arham Technologies 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. Arham Technologies's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 15.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:SMARHAM's 3-Year ROIIC % is ranked better than
67.72% of 2441 companies
in the Hardware industry
Industry Median: 2.69 vs NSE:SMARHAM: 15.24

Arham Technologies 3-Year ROIIC % Historical Data

The historical data trend for Arham Technologies'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.

Arham Technologies 3-Year ROIIC % Chart

Arham Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
- - - 15.24

Arham Technologies Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23
3-Year ROIIC % - - - - 15.24

Competitive Comparison of Arham Technologies's 3-Year ROIIC %

For the Consumer Electronics subindustry, Arham Technologies'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.


Arham Technologies's 3-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arham Technologies's 3-Year ROIIC % distribution charts can be found below:

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



Arham Technologies 3-Year ROIIC % Calculation

Arham Technologies'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**
=( 44.346492 (Mar. 2023) - 11.594476 (Mar. 2020) )/( 306.645 (Mar. 2023) - 91.677 (Mar. 2020) )
=32.752016/214.968
=15.24%***

* 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.


Arham Technologies  (NSE:SMARHAM) 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.


Arham Technologies 3-Year ROIIC % Related Terms

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Arham Technologies (NSE:SMARHAM) Business Description

Traded in Other Exchanges
N/A
Address
5 Chitrakoot Complex, Opp Vyavsayik Sahkari Bank, Jawahar Nagar, Raipur, CT, IND, 492001
Arham Technologies Ltd is engaged in the manufacturing of LED Smart Televisions. The company manufactures LED Televisions with different screen sizes under the brand STARSHINE. It's business segment is Manufacturing of Consumer Electronics & Appliances and principal geographical segment is India. The company also manufactures Fans, Air Coolers, and Mixer Grinders through third-party manufacturers.

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