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Manitex International (Manitex International) 10-Year ROIIC % : 22.94% (As of Dec. 2023)


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What is Manitex International 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Manitex International's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 22.94%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Manitex International's 10-Year ROIIC % or its related term are showing as below:

MNTX's 10-Year ROIIC % is ranked better than
83.33% of 198 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 4.935 vs MNTX: 22.94

Manitex International 10-Year ROIIC % Historical Data

The historical data trend for Manitex International's 10-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.

Manitex International 10-Year ROIIC % Chart

Manitex International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.56 -16.06 -147.13 5.90 22.94

Manitex International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
10-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 5.90 - - - 22.94

Competitive Comparison of Manitex International's 10-Year ROIIC %

For the Farm & Heavy Construction Machinery subindustry, Manitex International's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


Manitex International's 10-Year ROIIC % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitex International's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Manitex International's 10-Year ROIIC % falls into.



Manitex International 10-Year ROIIC % Calculation

Manitex International's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 22.788717 (Dec. 2023) - 13.126894 (Dec. 2013) )/( 184.288 (Dec. 2023) - 142.178 (Dec. 2013) )
=9.661823/42.11
=22.94%***

* 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 10-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.


Manitex International  (NAS:MNTX) 10-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.


Manitex International 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Manitex International's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Manitex International (Manitex International) Business Description

Traded in Other Exchanges
Address
9725 Industrial Drive, Bridgeview, IL, USA, 60455
Manitex International Inc through its subsidiaries is engaged in the design, manufacture, and distribution of engineered lifting solutions. Its products include boom trucks, truck cranes, and sign cranes. The company's segments include Lifting Equipment and Rental Equipment. It generates maximum revenue from the Lifting Equipment segment. Geographically, it derives a majority of its revenue from the United States.
Executives
David J Langevin director, officer: Chairman of the Board & CEO 50120 PONTIAC TRAIL, WIXOM MI 48393
Takashi Kiso director 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60466
Michael Coffey officer: Chief Executive Officer 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60466
Joseph Doolan officer: Chief Financial Officer C/O APAC CUSTOMER SERVICES, INC., SIX PARKWAY NORTH, DEERFIELD IL 60015
Steve Filipov director, officer: Chief Executive Officer C/O TEREX CORP, 500 POST RD, WESTPORT CT 06850
Marvin B Rosenberg director 3228 PIGNATELLI CRESCENT, MOUNT PLEASANT SC 29466
Laura Ruoru Yu officer: VP Finance & Corp. Controller 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Robert S Gigliotti director 901 WILSHIRE DR, STE 400, TROY MI 48084
Ingo Schiller director 4242 WEST GREENS ROAD, HOUSTON TX 77066
Tadano Ltd. 10 percent owner KO-34 SHINDEN-CHO, KAGAWA PREFECTURE, TAKAMATSU M0 761-0185
Sherman Jung officer: VP Fin. Reporting (PFO/PAO) 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Steve Kiefer officer: President, North America 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Michael Schneider officer: SVP, CFO, Treas., & Secretary 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Ronald Michael Clark director 72 CATBRIER ROAD, WESTON CT 06883
Lubomir T. Litchev officer: President, Manufacturing Ops. 10 HIGH MEADOW TRAIL, DILLON CO 80435