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Toyo Tire Corp
TSE:5105

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Toyo Tire Corp Logo
Toyo Tire Corp
TSE:5105
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Price: 2 889 JPY 0.94% Market Closed
Updated: Apr 25, 2024

ROIC
Return on Invested Capital

10.8%
Current
8%
Average
5.6%
Industry
Positive for the last year
10.8%
Positive average
8%
Better than average
Better than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
10.8%
=
NOPAT
57.8B
/
Invested Capital
539.3B

ROIC Across Competitors

ROIC Comparison
Toyo Tire Corp Competitors

Country JP
Market Cap 444.8B JPY
ROIC
11%
Country JP
Market Cap 4.6T JPY
ROIC
9%
Country FR
Market Cap 25.8B EUR
ROIC
10%
Country CN
Market Cap 51.6B CNY
ROIC
13%
Country IN
Market Cap 544.9B INR
ROIC
10%
Country IT
Market Cap 6B EUR
ROIC
6%
Country IN
Market Cap 449.8B INR
ROIC
10%
Country KR
Market Cap 7.1T KRW
ROIC
8%
Country CN
Market Cap 35.1B CNY
ROIC
4%
Country TW
Market Cap 149.4B TWD
ROIC
6%
Country JP
Market Cap 645.2B JPY
ROIC
5%

Profitability Report

View the profitability report to see the full profitability analysis for Toyo Tire Corp.

See Also

Discover More
What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
10.8%
=
NOPAT
57.8B
/
Invested Capital
539.3B
What is the ROIC of Toyo Tire Corp?

Based on Toyo Tire Corp's most recent financial statements, the company has ROIC of 10.8%.