1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year.
Motorcar Parts of America's 1-Year ROIIC % for the quarter that ended in Dec. 2023 was -98.29%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Motorcar Parts of America's 1-Year ROIIC % or its related term are showing as below:
MPAA's 1-Year ROIIC % is ranked worse than 88.34% of 1132
companies
in the Vehicles & Parts industry
Industry Median: 6.255
vs MPAA: -98.29
Motorcar Parts of America 1-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 Motorcar Parts of America's 1-Year ROIIC %
For the Auto Parts subindustry, Motorcar Parts of America's 1-Year ROIIC %, along with its competitors' market caps and 1-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.
Motorcar Parts of America's 1-Year ROIIC % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Motorcar Parts of America's 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Motorcar Parts of America's 1-Year ROIIC % falls into.
Motorcar Parts of America 1-Year ROIIC % Calculation
Motorcar Parts of America's 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( 56.7928 (Dec. 2023) - -1.3199 (Dec. 2022) )
/
( 764.808 (Dec. 2023) - 823.932 (Dec. 2022) )
=
58.1127
/
-59.124
=
-98.29%***
* 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.
** TTM data of NOPAT and Invested Capital was used to calculate 1-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.
Motorcar Parts of America (NAS:MPAA) 1-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.
Motorcar Parts of America 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Motorcar Parts of America's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Motorcar Parts of America (Motorcar Parts of America) Business Description
Motorcar Parts of America Inc is a us-based manufacturer, remanufacturer, and distributor of aftermarket automotive and light truck applications. It manufactures and distributes heavy-duty truck and industrial and agricultural application parts. It produces starter engines, alternators, hub assemblies, bearings, and master cylinders. The company supplies its products to the automotive aftermarket either under its own brands, as part of a private-label service, or to warranty replacement programs of automobile manufacturers. It primarily sells rotating electrical products, wheel hub products, brake master cylinders products in the us, of which a majority of the revenue is derived from the sales of rotating electrical products.
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