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Old Chang Kee (SGX:5ML) 3-Year ROIIC % : -54.81% (As of Mar. 2023)


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What is Old Chang Kee 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. Old Chang Kee's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was -54.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

SGX:5ML's 3-Year ROIIC % is ranked worse than
84.08% of 333 companies
in the Restaurants industry
Industry Median: 2.45 vs SGX:5ML: -54.81

Old Chang Kee 3-Year ROIIC % Historical Data

The historical data trend for Old Chang Kee'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.

Old Chang Kee 3-Year ROIIC % Chart

Old Chang Kee 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 -8.51 -7.04 23.78 8.65 -54.81

Old Chang Kee Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 8.65 - -54.81 -

Competitive Comparison of Old Chang Kee's 3-Year ROIIC %

For the Restaurants subindustry, Old Chang Kee'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.


Old Chang Kee's 3-Year ROIIC % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Old Chang Kee's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Old Chang Kee's 3-Year ROIIC % falls into.



Old Chang Kee 3-Year ROIIC % Calculation

Old Chang Kee'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**
=( 7.0948254 (Mar. 2023) - 2.5398084 (Mar. 2020) )/( 58.395 (Mar. 2023) - 66.705 (Mar. 2020) )
=4.555017/-8.31
=-54.81%***

* 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.


Old Chang Kee  (SGX:5ML) 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.


Old Chang Kee 3-Year ROIIC % Related Terms

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Old Chang Kee (SGX:5ML) Business Description

Traded in Other Exchanges
N/A
Address
2 Woodlands Terrace, Singapore, SGP, 738427
Old Chang Kee Ltd is engaged in the manufacturing and distribution of food products. The company's products include curry puffs, fishballs, chicken nuggets, and chicken wings. It also provides catering services in Singapore. The company's geographical segments include Singapore, Australia, and Malaysia, and derives a majority of its revenue from Singapore. The company is engaged in the manufacture and sale of food products under the Old Chang Kee brand name, Bun Times retail outlets offer Hainanese buns with a range of fillings, such as curry chicken and coconut, and the Curry Times, Take 5 and Mushroom to dine in retail outlets carry a range of local delights, such as laksa, mee siam, nasi lemak, and curry chicken.

Old Chang Kee (SGX:5ML) Headlines

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