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Piquadro SpA (MIL:PQ) 1-Year ROIIC % : -45.44% (As of Sep. 2023)


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What is Piquadro SpA 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. Piquadro SpA's 1-Year ROIIC % for the quarter that ended in Sep. 2023 was -45.44%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Piquadro SpA's 1-Year ROIIC % or its related term are showing as below:

MIL:PQ's 1-Year ROIIC % is ranked worse than
79.58% of 999 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.17 vs MIL:PQ: -45.44

Piquadro SpA 1-Year ROIIC % Historical Data

The historical data trend for Piquadro SpA'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.

Piquadro SpA 1-Year ROIIC % Chart

Piquadro SpA Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -121.58 -0.04 -18.94 1,312.83 -39.84

Piquadro SpA Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -21.23 1,312.83 399.89 -39.84 -45.44

Competitive Comparison of Piquadro SpA's 1-Year ROIIC %

For the Footwear & Accessories subindustry, Piquadro SpA'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.


Piquadro SpA's 1-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Piquadro SpA's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Piquadro SpA's 1-Year ROIIC % falls into.



Piquadro SpA 1-Year ROIIC % Calculation

Piquadro SpA's 1-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 8.8476 (Sep. 2023) - 4.6427 (Sep. 2022) )/( 98.588 (Sep. 2023) - 107.841 (Sep. 2022) )
=4.2049/-9.253
=-45.44%***

* 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.


Piquadro SpA  (MIL:PQ) 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.


Piquadro SpA 1-Year ROIIC % Related Terms

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Piquadro SpA (MIL:PQ) Business Description

Traded in Other Exchanges
Address
Localita Sassuriano, 246, Silla di Gaggio Montano, Bologna, ITA, 40041
Piquadro SpA operates in the leather goods market. The company designs, manufactures and markets goods under its own brand name. Its products include women's bags, travel bags, briefcases, belts, wallets, key rings, cigar cases among others. The company's operating segment includes Piquadro; The Bridge and Lancel. It generates maximum revenue from the Lancel segment. Geographically, it derives a majority of revenue from Europe and also has a presence in Italy and the Rest of the World.

Piquadro SpA (MIL:PQ) Headlines

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