GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Accordant Group Ltd (NZSE:AGL) » Definitions » 10-Year ROIIC %

Accordant Group (NZSE:AGL) 10-Year ROIIC % : -47.28% (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Accordant Group 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. Accordant Group's 10-Year ROIIC % for the quarter that ended in Mar. 2024 was -47.28%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NZSE:AGL's 10-Year ROIIC % is ranked worse than
89.69% of 960 companies
in the Business Services industry
Industry Median: 4.375 vs NZSE:AGL: -47.28

Accordant Group 10-Year ROIIC % Historical Data

The historical data trend for Accordant Group'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.

Accordant Group 10-Year ROIIC % Chart

Accordant Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 14.03 1.81 -0.52 -47.28

Accordant Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 1.81 - -0.52 - -47.28

Competitive Comparison of Accordant Group's 10-Year ROIIC %

For the Staffing & Employment Services subindustry, Accordant Group'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.


Accordant Group's 10-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Accordant Group's 10-Year ROIIC % distribution charts can be found below:

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



Accordant Group 10-Year ROIIC % Calculation

Accordant Group's 10-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 1.6352763 (Mar. 2024) - 4.4006584 (Mar. 2014) )/( 58.722 (Mar. 2024) - 58.48 (Mar. 2014) )
=-2.7653821/0.242
=-1,142.72%***

* 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.


Accordant Group  (NZSE:AGL) 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.


Accordant Group 10-Year ROIIC % Related Terms

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


Accordant Group (NZSE:AGL) Business Description

Traded in Other Exchanges
N/A
Address
51 Shortland Street, Level 6, P.O. Box 105675, Auckland, NTL, NZL, 1010
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: AWF and Madison, Absolute IT, and JacksonStone & Partners. The AWF brands derive their revenues from temporary staffing services to the industry. The Madison, Absolute IT, and JacksonStone & Partners brands, which is the key revenue driver, derive revenues from the temporary, contract, and permanent staff services to commerce.