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Radhika Jeweltech (BOM:540125) 3-Year ROIIC % : 10.87% (As of Mar. 2023)


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What is Radhika Jeweltech 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. Radhika Jeweltech's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 10.87%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:540125's 3-Year ROIIC % is ranked better than
60.67% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 2.485 vs BOM:540125: 10.87

Radhika Jeweltech 3-Year ROIIC % Historical Data

The historical data trend for Radhika Jeweltech'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.

Radhika Jeweltech 3-Year ROIIC % Chart

Radhika Jeweltech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only 3.77 23.92 35.24 50.53 10.87

Radhika Jeweltech Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 10.87 - - -

Competitive Comparison of Radhika Jeweltech's 3-Year ROIIC %

For the Luxury Goods subindustry, Radhika Jeweltech'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.


Radhika Jeweltech's 3-Year ROIIC % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Radhika Jeweltech's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Radhika Jeweltech's 3-Year ROIIC % falls into.



Radhika Jeweltech 3-Year ROIIC % Calculation

Radhika Jeweltech'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**
=( 290.07927 (Mar. 2023) - 167.999787 (Mar. 2020) )/( 2359.117 (Mar. 2023) - 1235.538 (Mar. 2020) )
=122.079483/1123.579
=10.87%***

* 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.


Radhika Jeweltech  (BOM:540125) 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.


Radhika Jeweltech 3-Year ROIIC % Related Terms

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Radhika Jeweltech (BOM:540125) Business Description

Traded in Other Exchanges
Address
Kalawad Road, Oppsite Swaminarayan Temple Near Mahila College, Rajkot, GJ, IND, 360001
Radhika Jeweltech Ltd is a jewellery retailer. The company is engaged in trading for gold, silver, diamonds, and platinum ornaments. It generates maximum revenue from the sale of Gold Jewellery.

Radhika Jeweltech (BOM:540125) Headlines

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