GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Daikoku Denki Co Ltd (TSE:6430) » Definitions » 5-Year ROIIC %

Daikoku Denki Co (TSE:6430) 5-Year ROIIC % : -88.51% (As of Mar. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Daikoku Denki Co 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Daikoku Denki Co's 5-Year ROIIC % for the quarter that ended in Mar. 2023 was -88.51%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Daikoku Denki Co's 5-Year ROIIC % or its related term are showing as below:

TSE:6430's 5-Year ROIIC % is ranked worse than
92% of 2388 companies
in the Hardware industry
Industry Median: 2.925 vs TSE:6430: -88.51

Daikoku Denki Co 5-Year ROIIC % Historical Data

The historical data trend for Daikoku Denki Co's 5-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.

Daikoku Denki Co 5-Year ROIIC % Chart

Daikoku Denki Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -104.13 -223.42 81.46 -8.92 -88.51

Daikoku Denki Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
5-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 - -88.51 - - -

Competitive Comparison of Daikoku Denki Co's 5-Year ROIIC %

For the Computer Hardware subindustry, Daikoku Denki Co's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Daikoku Denki Co's 5-Year ROIIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Daikoku Denki Co's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Daikoku Denki Co's 5-Year ROIIC % falls into.



Daikoku Denki Co 5-Year ROIIC % Calculation

Daikoku Denki Co's 5-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 2844.2081064 (Mar. 2023) - 730.4345884 (Mar. 2018) )/( 24045.925 (Mar. 2023) - 26434.038 (Mar. 2018) )
=2113.773518/-2388.113
=-88.51%***

* 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 5-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.


Daikoku Denki Co  (TSE:6430) 5-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.


Daikoku Denki Co 5-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Daikoku Denki Co's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Daikoku Denki Co (TSE:6430) Business Description

Traded in Other Exchanges
N/A
Address
No. 43, No. 5-chome, Nagoya Nagono, JPN
Daikoku Denki Co Ltd engages in the development, manufacture, and sale of computer systems for pachinko halls and pachislo game machines. Its operations include Information Systems unit which deals with the development, manufacture, and sale of computer systems, customer premium management systems, and information disclosure systems for pachinko halls. It also offers control systems which involve in the development, manufacture, and sale of display units and control units of pachinko game machines.

Daikoku Denki Co (TSE:6430) Headlines

No Headlines