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Altri SGPS (XLIS:ALTR) 3-Year ROIIC % : 3.37% (As of Dec. 2023)


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What is Altri SGPS 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. Altri SGPS's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 3.37%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XLIS:ALTR's 3-Year ROIIC % is ranked better than
55.02% of 289 companies
in the Forest Products industry
Industry Median: 0.15 vs XLIS:ALTR: 3.37

Altri SGPS 3-Year ROIIC % Historical Data

The historical data trend for Altri SGPS'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.

Altri SGPS 3-Year ROIIC % Chart

Altri SGPS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.40 -19.74 -8.06 -53.65 3.37

Altri SGPS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 - -53.65 - - 3.37

Competitive Comparison of Altri SGPS's 3-Year ROIIC %

For the Paper & Paper Products subindustry, Altri SGPS'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.


Altri SGPS's 3-Year ROIIC % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Altri SGPS's 3-Year ROIIC % distribution charts can be found below:

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



Altri SGPS 3-Year ROIIC % Calculation

Altri SGPS's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 49.2377525 (Dec. 2023) - 58.2723529 (Dec. 2020) )/( 985.342 (Dec. 2023) - 1253.157 (Dec. 2020) )
=-9.0346004/-267.815
=3.37%***

* 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.


Altri SGPS  (XLIS:ALTR) 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.


Altri SGPS 3-Year ROIIC % Related Terms

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Altri SGPS (XLIS:ALTR) Business Description

Traded in Other Exchanges
Address
Rua Manuel Pinto de Azevedo, 818, Porto, PRT, 4100-320
Altri SGPS SA manages forests and produces and sells pulp. The company owns and manages eucalyptus forests throughout Portugal and harvests timber. The timber is transported to the firm's mills, where it produces pulp for sale to paper manufacturers. Around half of the company's pulp is sold to tissue paper producers, while other main end products include writing and printing paper, and soluble paste, which is used in the production of textiles. It also generates and sells electricity from biomass. The majority of revenue comes from Europe.