Milestone Furniture (BOM:541337) 3-Year ROIIC % : 20.12% (As of Mar. 2023)

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What is Milestone Furniture 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. Milestone Furniture's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 20.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

BOM:541337's 3-Year ROIIC % is ranked better than
75.24% of 412 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.35 vs BOM:541337: 20.12

Milestone Furniture 3-Year ROIIC % Historical Data

The historical data trend for Milestone Furniture'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.

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Milestone Furniture 3-Year ROIIC % Chart

Milestone Furniture Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

3-Year ROIIC %

Get a 7-Day Free Trial

-0.14

-1.39

-46.74

60.56

20.12

Milestone Furniture Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
3-Year ROIIC %	Get a 7-Day Free Trial										-46.74	-	60.56	-	20.12

Competitive Comparison of Milestone Furniture's 3-Year ROIIC %

For the Furnishings, Fixtures & Appliances subindustry, Milestone Furniture'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.

Milestone Furniture's 3-Year ROIIC % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Milestone Furniture's 3-Year ROIIC % distribution charts can be found below:

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

Milestone Furniture 3-Year ROIIC % Calculation

Milestone Furniture'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^**
	=	( -6.561 (Mar. 2023) - 0.1349664 (Mar. 2020) )	/	( 258.517 (Mar. 2023) - 291.804 (Mar. 2020) )
	=	-6.6959664	/	-33.287
	=	20.12%^***

** 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.

Milestone Furniture (BOM:541337) 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.

Milestone Furniture 3-Year ROIIC % Related Terms

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Milestone Furniture (BOM:541337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Milestone Furniture Ltd (BOM:541337) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wada Manor Road, Survey No.147, House No. 271/1, Met Village, Opposite HP Petrol Pump, Palghar, Thane, MH, IND, 421312

Website

http://www.milestonefurniture.in

Milestone Furniture Ltd is engaged in the field of the household furniture business. It manufactures home and office furniture and is also involved in home and office design. The product portfolio includes basic plastic chair/ plastic storage solution/ Dining Tables into all segments like bedroom, dining, living room, essentials and mattresses which are needed at different points during their aspirational home building journey. The company has also spread its product portfolio to serve the institutional segment especially in segments like office seating, desking, and storage solutions. The product assortment covers both the large institutions and small office/home office's needs.

Milestone Furniture (BOM:541337) Headlines

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