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LED iBond International A/S (OCSE:LEDIBOND) 3-Year ROIIC % : 20.41% (As of Dec. 2023)


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What is LED iBond International A/S 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. LED iBond International A/S's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 20.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for LED iBond International A/S's 3-Year ROIIC % or its related term are showing as below:

OCSE:LEDIBOND's 3-Year ROIIC % is ranked better than
72.28% of 2922 companies
in the Industrial Products industry
Industry Median: 5.39 vs OCSE:LEDIBOND: 20.41

LED iBond International A/S 3-Year ROIIC % Historical Data

The historical data trend for LED iBond International A/S'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.

LED iBond International A/S 3-Year ROIIC % Chart

LED iBond International A/S Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial - - -47.98 216.62 20.41

LED iBond International A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 20.41 -

Competitive Comparison of LED iBond International A/S's 3-Year ROIIC %

For the Electrical Equipment & Parts subindustry, LED iBond International A/S'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.


LED iBond International A/S's 3-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LED iBond International A/S's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where LED iBond International A/S's 3-Year ROIIC % falls into.



LED iBond International A/S 3-Year ROIIC % Calculation

LED iBond International A/S'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**
=( -17.7013452 (Dec. 2023) - -14.1161545 (Dec. 2020) )/( 32.573 (Dec. 2023) - 50.141 (Dec. 2020) )
=-3.5851907/-17.568
=20.41%***

* 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.


LED iBond International A/S  (OCSE:LEDIBOND) 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.


LED iBond International A/S 3-Year ROIIC % Related Terms

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LED iBond International A/S (OCSE:LEDIBOND) Business Description

Traded in Other Exchanges
N/A
Address
Agern Alle 5A, Horsholm, DNK, 2970
LED iBond International A/S is a Danish technology company that offers solutions for integrating light and data, based on its deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED, offering a value proposition combining total design flexibility, full IoT integration, and low total costs of ownership. Its technology has been deployed in many projects, ranging from intelligent shelf lighting to large-scale indoor illumination projects such as the installation of 3.2 kilometers of Tracy, the company's flagship product, at DTU, the Technical University of Denmark.

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