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ELK-Desa Resources Bhd (XKLS:5228) 3-Year ROIIC % : 26.47% (As of Mar. 2023)


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What is ELK-Desa Resources Bhd 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. ELK-Desa Resources Bhd's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 26.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for ELK-Desa Resources Bhd's 3-Year ROIIC % or its related term are showing as below:

XKLS:5228's 3-Year ROIIC % is ranked better than
86.28% of 379 companies
in the Credit Services industry
Industry Median: 2.4 vs XKLS:5228: 26.47

ELK-Desa Resources Bhd 3-Year ROIIC % Historical Data

The historical data trend for ELK-Desa Resources Bhd'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.

ELK-Desa Resources Bhd 3-Year ROIIC % Chart

ELK-Desa Resources Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.61 10.18 12.97 -11.99 26.47

ELK-Desa Resources Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 26.47 - - -

Competitive Comparison of ELK-Desa Resources Bhd's 3-Year ROIIC %

For the Credit Services subindustry, ELK-Desa Resources Bhd'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.


ELK-Desa Resources Bhd's 3-Year ROIIC % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, ELK-Desa Resources Bhd's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where ELK-Desa Resources Bhd's 3-Year ROIIC % falls into.



ELK-Desa Resources Bhd 3-Year ROIIC % Calculation

ELK-Desa Resources Bhd'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**
=( 89.188398 (Mar. 2023) - 86.2846458 (Mar. 2020) )/( 652.835 (Mar. 2023) - 641.866 (Mar. 2020) )
=2.9037522/10.969
=26.47%***

* 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.


ELK-Desa Resources Bhd  (XKLS:5228) 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.


ELK-Desa Resources Bhd 3-Year ROIIC % Related Terms

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ELK-Desa Resources Bhd (XKLS:5228) Business Description

Traded in Other Exchanges
N/A
Address
No. 15 - 17, Jalan Brunei Utara, Off Jalan Pudu, Kuala Lumpur, SGR, MYS, 55100
ELK-Desa Resources Bhd is a Malaysian company investment holding company. The company's business segments are Hire-purchase financing and other integrated services and the Trading of furniture. The Hire-purchase financing and other integrated services segment is involved in the business of hire purchase financing for used motor vehicles as well as selling general insurance policies as an insurance agent and the Trading of furniture segment is involved in the business of trading, export, wholesaling and manufacturing of furniture. The company earns the majority of its revenue from hire-purchase financing.

ELK-Desa Resources Bhd (XKLS:5228) Headlines

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