1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year.
Coles Group's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was -137.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Coles Group's 1-Year ROIIC % or its related term are showing as below:
ASX:COL's 1-Year ROIIC % is ranked worse than 90.24% of 287
companies
in the Retail - Defensive industry
Industry Median: 4.81
vs ASX:COL: -137.79
Coles Group 1-Year ROIIC % Historical Data
The historical data trend for Coles Group's 1-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.
Competitive Comparison of Coles Group's 1-Year ROIIC %
For the Grocery Stores subindustry, Coles Group's 1-Year ROIIC %, along with its competitors' market caps and 1-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.
Coles Group's 1-Year ROIIC % Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Coles Group's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Coles Group's 1-Year ROIIC % falls into.
Coles Group 1-Year ROIIC % Calculation
Coles Group's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( 1122.0188 (Dec. 2023) - 1164.7342 (Dec. 2022) )
/
( 16834 (Dec. 2023) - 16803 (Dec. 2022) )
=
-42.7154
/
31
=
-137.79%***
* 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.
** TTM data of NOPAT and Invested Capital was used to calculate 1-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.
Coles Group (ASX:COL) 1-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.
Coles Group 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Coles Group's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Coles Group Limited is one of Australia's largest retailers, operating the second-largest supermarket chain behind market leader Woolworths, and is the country's third-largest liquor retailer. The group has an extensive store network of about 2,500 store outlets and roughly 80% of Australian live within a 10-minute drive from their nearest Coles store. The retailer employs some 110,000 people, who process over 20 million individual customer transactions a week. This compares with Woolworths processing almost 30 million customer transactions per week from Australia's population of 25 million.
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