What is Esports Entertainment 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.
Esports Entertainment Group's 3-Year ROIIC % for the quarter that ended in Jun. 2023 was -88.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Esports Entertainment Group's 3-Year ROIIC % or its related term are showing as below:
GMBL's 3-Year ROIIC % is ranked worse than 86.39% of 808
companies
in the Travel & Leisure industry
Industry Median: 5.32
vs GMBL: -88.11
Esports Entertainment Group 3-Year ROIIC % Historical Data
* 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.
Competitive Comparison of Esports Entertainment Group's 3-Year ROIIC %
For the Gambling subindustry, Esports Entertainment 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.
Esports Entertainment Group's 3-Year ROIIC % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Esports Entertainment Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Esports Entertainment Group's 3-Year ROIIC % falls into.
Esports Entertainment Group 3-Year ROIIC % Calculation
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -20.67 (Jun. 2023) - -4.05081 (Jun. 2020) )
/
( 19.807 (Jun. 2023) - 0.945 (Jun. 2020) )
=
-16.61919
/
18.862
=
-88.11%***
* 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.
Esports Entertainment Group (OTCPK:GMBL) 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.
Esports Entertainment Group 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Esports Entertainment Group's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Esports Entertainment Group (Esports Entertainment Group) Business Description
Esports Entertainment Group Inc is a full-service esports and online betting company. It focuses on three verticals: Games, iGaming, and Technology. EEG Games provides a wide array of services and infrastructure for businesses to engage esports and gaming communities around the world including Esports Gaming League (EGL), which hosts a community of more than 350,000 gamers on its proprietary tournament platform EGL.tv. EEG iGaming includes a number of award-winning brands covering traditional online sports book wagering needs as well as a multinational casino operator.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GMBL has been successfully added to your 