
Perma-Pipe International Holdings (PPIH) Return on Invested Capital (ROIC)
Market Cap: $98.27M
Avg Volume: 27.18K
Industry: Construction
Sector: Industrials
Return on Invested Capital (ROIC) Summary
Perma-Pipe International Holdings's ROIC measures how effectively the company uses its invested capital to generate profits:
- Annual: 16.43%
- Quarterly: 3.18%
- TTM: 19.08%
What is ROIC?
Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.
Related Metrics
Other important metrics to assess Perma-Pipe International Holdings's profitability include:
- ROE (Return on Equity) - measures the return generated on shareholders' equity:
- Annual: 15.93%
- Quarterly: 3.50%
- TTM: 23.41%
- ROA (Return on Assets) - measures the return generated on the company's assets:
- Annual: 6.72%
- Quarterly: 1.55%
- TTM: 9.87%
These metrics provide insights into Perma-Pipe International Holdings's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual ROIC
16.43%
Quarterly ROIC
3.18%
TTM ROIC
19.08%
Perma-Pipe International Holdings Historical ROIC
Historical ROE
Historical ROA
Perma-Pipe International Holdings Historical Profitability Metrics
The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.
Year | ROIC | ROE | ROA |
---|---|---|---|
2024 | 16.43% | 15.93% | 6.72% |
2023 | 5.52% | 10.29% | 4.83% |
2022 | 3.75% | 11.13% | 4.91% |
2021 | -13.54% | -15.50% | -7.44% |
2020 | 1.18% | 6.43% | 3.19% |
2019 | 0.77% | -1.01% | -0.52% |
2018 | -12.22% | -19.25% | -9.54% |
2017 | -13.14% | -19.66% | -11.49% |
2016 | 1.83% | -6.39% | -3.19% |
2015 | 0.05% | -0.35% | -0.17% |
Related Metrics
Explore detailed financial metrics and analysis for PPIH.