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PT Goto Gojek Tokopedia Tbk (ISX:GOTO) 1-Year ROIIC % : -22.14% (As of Mar. 2024)


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What is PT Goto Gojek Tokopedia Tbk 1-Year ROIIC %?

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. PT Goto Gojek Tokopedia Tbk's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -22.14%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for PT Goto Gojek Tokopedia Tbk's 1-Year ROIIC % or its related term are showing as below:

ISX:GOTO's 1-Year ROIIC % is ranked worse than
68.57% of 2568 companies
in the Software industry
Industry Median: 3.235 vs ISX:GOTO: -22.14

PT Goto Gojek Tokopedia Tbk 1-Year ROIIC % Historical Data

The historical data trend for PT Goto Gojek Tokopedia Tbk'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.

* Premium members only.

PT Goto Gojek Tokopedia Tbk 1-Year ROIIC % Chart

PT Goto Gojek Tokopedia Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial -2,588.07 -1,708.47 -11.24 97.40 -24.17

PT Goto Gojek Tokopedia Tbk Quarterly Data
Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
1-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 - -59.22 -84.72 -24.17 -22.14

Competitive Comparison of PT Goto Gojek Tokopedia Tbk's 1-Year ROIIC %

For the Software - Application subindustry, PT Goto Gojek Tokopedia Tbk'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.


PT Goto Gojek Tokopedia Tbk's 1-Year ROIIC % Distribution in the Software Industry

For the Software industry and Technology sector, PT Goto Gojek Tokopedia Tbk's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where PT Goto Gojek Tokopedia Tbk's 1-Year ROIIC % falls into.



PT Goto Gojek Tokopedia Tbk 1-Year ROIIC % Calculation

PT Goto Gojek Tokopedia Tbk's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -7117472.2728 (Mar. 2024) - -26257979.9547 (Mar. 2023) )/( 23115021 (Mar. 2024) - 109575524 (Mar. 2023) )
=19140507.6819/-86460503
=-22.14%***

* 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.


PT Goto Gojek Tokopedia Tbk  (ISX:GOTO) 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.


PT Goto Gojek Tokopedia Tbk 1-Year ROIIC % Related Terms

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PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Business Description

Traded in Other Exchanges
Address
Jalan Iskandarsyah II No. 2, Gedung Pasaraya Blok M, 6-7th Floor, Jakarta, IDN, 12160
GoTo is an Indonesian ecosystem that combines e-commerce, ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021. The company has 64 million active paying users and 12 million merchants as of 2022 on its platform. In 2022, on-demand accounted for 55% of revenue, e-commerce for 37%, and financial services for 8%. However, 82% of nonfinancial services gross transactional value comes from e-commerce, as it is the focal point in the ecosystem. The company competes with giants such as Sea-backed Shopee, Alibaba's Lazada, and smaller peers such as Bukalapak in e-commerce—and with Grab in the ride-hailing and delivery business.

PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Headlines

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