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Tokyu Construction Co (TSE:1720) 3-Year ROIIC % : 10.26% (As of Mar. 2024)


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What is Tokyu Construction Co 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. Tokyu Construction Co's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 10.26%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:1720's 3-Year ROIIC % is ranked better than
63.77% of 1612 companies
in the Construction industry
Industry Median: 2.935 vs TSE:1720: 10.26

Tokyu Construction Co 3-Year ROIIC % Historical Data

The historical data trend for Tokyu Construction Co'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.

Tokyu Construction Co 3-Year ROIIC % Chart

Tokyu Construction Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.44 -106.24 -2,486.28 391.90 10.26

Tokyu Construction Co 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 391.90 - - - 10.26

Competitive Comparison of Tokyu Construction Co's 3-Year ROIIC %

For the Engineering & Construction subindustry, Tokyu Construction Co'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.


Tokyu Construction Co's 3-Year ROIIC % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tokyu Construction Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Tokyu Construction Co's 3-Year ROIIC % falls into.



Tokyu Construction Co 3-Year ROIIC % Calculation

Tokyu Construction Co's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 6077.9215 (Mar. 2024) - 2042.315 (Mar. 2021) )/( 192364 (Mar. 2024) - 153043 (Mar. 2021) )
=4035.6065/39321
=10.26%***

* 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.


Tokyu Construction Co  (TSE:1720) 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.


Tokyu Construction Co 3-Year ROIIC % Related Terms

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Tokyu Construction Co (TSE:1720) Business Description

Traded in Other Exchanges
Address
1-16-14, Shibuya, Shibuya-ku, Tokyo, JPN, 150-8340
Tokyu Construction is a Japan-based company that provides various construction-related services. The company's services include civil engineering and building construction, investigation, construction planning, geological surveying, consultancy services, measurement, designing, building maintenance and supervision, real estate leasing, and worker dispatching. Its construction activities encompass educational facilities, offices, hotels, commercial facilities, environmental improvement facilities, care facilities, hospitals, logistics facilities, factories, roads, sports facilities, airports, and so on.

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