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Jet Airways (India) (BOM:532617) 3-Year ROIIC % : 18.08% (As of Mar. 2023)


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What is Jet Airways (India) 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. Jet Airways (India)'s 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 18.08%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Jet Airways (India)'s 3-Year ROIIC % or its related term are showing as below:

BOM:532617's 3-Year ROIIC % is ranked better than
67.34% of 937 companies
in the Transportation industry
Industry Median: 5.51 vs BOM:532617: 18.08

Jet Airways (India) 3-Year ROIIC % Historical Data

The historical data trend for Jet Airways (India)'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.

Jet Airways (India) 3-Year ROIIC % Chart

Jet Airways (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,558.26 -45.73 8.33 -218.66 18.08

Jet Airways (India) Quarterly Data
Mar17 Mar18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - 18.08 -

Competitive Comparison of Jet Airways (India)'s 3-Year ROIIC %

For the Airlines subindustry, Jet Airways (India)'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.


Jet Airways (India)'s 3-Year ROIIC % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jet Airways (India)'s 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Jet Airways (India)'s 3-Year ROIIC % falls into.



Jet Airways (India) 3-Year ROIIC % Calculation

Jet Airways (India)'s 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -10033.3 (Mar. 2023) - -7611.2 (Mar. 2020) )/( 158145.1 (Mar. 2023) - 171545.3 (Mar. 2020) )
=-2422.1/-13400.2
=18.08%***

* 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.


Jet Airways (India)  (BOM:532617) 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.


Jet Airways (India) 3-Year ROIIC % Related Terms

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Jet Airways (India) (BOM:532617) Business Description

Traded in Other Exchanges
Address
252, LBS Marg, Global One, 3rd Floor, Kurla (West), Mumbai, MH, IND, 400070
Jet Airways (India) Ltd is an international airline operating out of India. The company principal activities include carriage of passengers and cargo in Domestic and International sectors. Passenger tickets may be purchased on its website and through mobile applications. It has arrangements with multiple international airlines to expand global destinations and increase access for customers. Additionally, multiple partnerships with hotels, dining and others allow customers to make accommodations for an entire trip. Geographically, it derives a majority of revenue from India.

Jet Airways (India) (BOM:532617) Headlines

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