Greentech Innovations (GTIC) Return on Capital Employed (2018 - 2024)
Greentech Innovations (GTIC) posted quarterly Return on Capital Employed of 4.12% for Q1 2024, down 2130.0% year-over-year from 0.2% in Q1 2023, and down 33.37% quarter-over-quarter from 6.19% in Q4 2023.
Greentech Innovations (GTIC) Return on Capital Employed (2018 - 2024) Analysis & Trends
Greentech Innovations (GTIC) has reported Return on Capital Employed for 5 consecutive years, with 4.12% the latest figure, recorded in Q1 2024.
- In Q1 2024, Return on Capital Employed fell 2130.0% year-over-year to 4.12%; the TTM figure through Feb 2024 stood at 4.12% (down 2130.0% YoY), while the FY2022 annual figure was 24.11%, changed N/A from the prior year.
- Return on Capital Employed fell to 4.12% in Q1 2024 per GTIC's latest filing, from 6.19% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 25.74% in Q3 2022 and bottomed at 4.12% in Q1 2024.
- Historically, Return on Capital Employed has averaged 17.9% across 4 years, with a median of 21.64% in 2021.
- Annual changes were most pronounced in 2023 — Return on Capital Employed surged 1263 bps — and 2024, when it plunged 2130 bps.
- Greentech Innovations' Return on Capital Employed stood at 13.6% in 2021, then soared by 75 bps to 23.76% in 2022, then sank by 74 bps to 6.19% in 2023, then plunged by 33 bps to 4.12% in 2024.
- Business Quant data shows GTIC's Return on Capital Employed at 4.12% in Q1 2024, 6.19% in Q4 2023, and 25.42% in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 38.72% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 14.37% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 10.65% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 13.97% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 10.59% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -25.94% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -46.62% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 51.24% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 23.43% |
| 10 | Greentech Innovations | 733,834.77 | 733,834.77 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 29, 2024 | 4.12% |
| Nov 30, 2023 | 6.19% |
| Feb 28, 2023 | 25.42% |
| Nov 30, 2022 | 23.76% |
| Aug 31, 2022 | 25.74% |
| May 31, 2022 | 24.11% |
| Feb 28, 2022 | 12.79% |
| Nov 30, 2021 | 13.60% |
| Aug 31, 2021 | 19.89% |
| May 31, 2021 | 23.40% |
| Nov 30, 2018 | 55.34% |
| Aug 31, 2018 | 47.27% |
| May 31, 2018 | 42.66% |