Noritake Co Ltd
TSE:5331
ROIC
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 Across Competitors
ROIC Comparison
Noritake Co Ltd Competitors
Country | JP |
Market Cap | 60.9B JPY |
ROIC |
5%
|
Country | SE |
Market Cap | 880.6B SEK |
ROIC |
24%
|
Country | US |
Market Cap | 80.3B USD |
ROIC |
22%
|
Country | US |
Market Cap | 71.4B USD |
ROIC |
11%
|
Country | US |
Market Cap | 40.4B USD |
ROIC |
24%
|
Country | US |
Market Cap | 38.3B USD |
ROIC |
7%
|
Country | JP |
Market Cap | 5.5T JPY |
ROIC |
12%
|
Country | US |
Market Cap | 31.2B USD |
ROIC |
7%
|
Country | US |
Market Cap | 30.2B USD |
ROIC |
7%
|
Country | SE |
Market Cap | 298.2B SEK |
ROIC |
10%
|
Country | CH |
Market Cap | 24.4B CHF |
ROIC |
10%
|
ROIC Distribution
ROIC Distribution
Machinery Industry
Profitability Report
View the profitability report to see the full profitability analysis for Noritake Co Ltd.
See Also
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.
Based on Noritake Co Ltd's most recent financial statements, the company has ROIC of 5.2%.