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Alexium International Group (ASX:AJX) 3-Year ROIIC % : -51.15% (As of Jun. 2023)


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What is Alexium International Group 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Alexium International Group's 3-Year ROIIC % for the quarter that ended in Jun. 2023 was -51.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Alexium International Group's 3-Year ROIIC % or its related term are showing as below:

ASX:AJX's 3-Year ROIIC % is ranked worse than
89.99% of 1528 companies
in the Chemicals industry
Industry Median: 2.715 vs ASX:AJX: -51.15

Alexium International Group 3-Year ROIIC % Historical Data

The historical data trend for Alexium International Group's 3-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.

Alexium International Group 3-Year ROIIC % Chart

Alexium International Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 176.34 -4,107.57 102.35 789.18 -51.15

Alexium International Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-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 - 789.18 - -51.15 -

Competitive Comparison of Alexium International Group's 3-Year ROIIC %

For the Specialty Chemicals subindustry, Alexium International Group's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


Alexium International Group's 3-Year ROIIC % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Alexium International Group's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Alexium International Group's 3-Year ROIIC % falls into.



Alexium International Group 3-Year ROIIC % Calculation

Alexium International Group's 3-Year ROIIC % for the quarter that ended in Jun. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -3.275 (Jun. 2023) - -4.783 (Jun. 2020) )/( 5.779 (Jun. 2023) - 8.727 (Jun. 2020) )
=1.508/-2.948
=-51.15%***

* 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 3-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.


Alexium International Group  (ASX:AJX) 3-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.


Alexium International Group 3-Year ROIIC % Related Terms

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Alexium International Group (ASX:AJX) Business Description

Traded in Other Exchanges
Address
350 West Phillips Road, Greer, SC, USA, 29650
Alexium International Group Ltd is engaged in the development of specialty chemicals. Its only operating segment is the development and commercialization of its proprietary flame retardant (FR) and phase change material (PCM) chemistries, cooling products for bedding, and selling its specialized chemistry to customers. Geographically, it derives a majority of its revenue from the United States and also has a presence in Australia. The company products include Alexicool and Alexiflam NF.

Alexium International Group (ASX:AJX) Headlines