Landec Corporation ROIC

ROIC of LNDC for past 10 years: annual, quarterly and twelve month trailing (TTM) including ROIC growth rates and interactive chart. Return on invested capital (ROIC) is a calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. Calculated as Net Operating Profit After Tax or EBIT*(1-tax rate) divided by average invested capital. Invested capital is calculated as equity plus long-term and short-term debt minus cash and short-term investments. ROIC is often compared to the Weighted average cost of capital (WACC). If it's above it, it is said the company is creating value, if it's below it's destroying it. A company with after tax operating profit of $10 million and invested capital of $50 million will have a ROIC of 20%.

Highlights and Quick Summary

  • Annual ROIC for 2020 was -5.33% (a -758.02% decrease from previous year)
  • Annual ROIC for 2019 was 0.81% (a -69.2% decrease from previous year)
  • Annual ROIC for 2018 was 2.63% (a -21.26% decrease from previous year)
  • Twelve month ROIC ending February 27, 2021 was -4.17% (a -36.14% decrease compared to previous quarter)
  • Twelve month trailing ROIC decreased by -21.76% year-over-year
Trailing ROIC for the last four month:
27 Feb '21 29 Nov '20 30 Aug '20 30 May '20
-4.17% -6.53% -6.91% -5.33%
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Historical ROIC of Landec Corporation

Most recent ROICof LNDC including historical data for past 10 years.

Interactive Chart of ROIC of Landec Corporation

Landec Corporation ROIC for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 -5.33%
2019 0.81%
2018 2.63%
2017 3.34%
2016 -4.92%
2015 4.64%
2014 5.61%
2013 7.42%
2012 4.84%
2011 4.14%
2010 4.62%

Business Profile of Landec Corporation

Sector: Consumer Defensive
Industry: Packaged Foods
Landec Corporation, together with its subsidiaries, designs, develops, manufactures, and sells differentiated health and wellness products for food and biomaterials markets. It operates through Curation Foods and Lifecore segments. The Curation Foods segment engages in processing, marketing, and selling of vegetable-based salads, and fresh-cut and whole vegetable products primarily under the Eat Smart brand, O branded olive oils and wine vinegars, and Yucatan and Cabo Fresh guacamole and avocado food products, as well as various private labels. It serves retail grocery chains, club stores, and food service operators. The Lifecore segment engages in the manufacture of pharmaceutical-grade sodium hyaluronate (HA) in bulk form, as well as formulated and filled syringes and vials for injectable products used in treating a range of medical conditions and procedures. It also provides services, including technology transfer, material component changes, analytical method development, formulation development, pilot studies, stability studies, process validation, and production of materials for clinical studies to its partners for HA-based and non-HA based aseptically formulated and filled products. This segment sells its non-HA products for medical use primarily in the ophthalmic, orthopedic, and other markets. It sells its products directly to partners in the medical device and pharmaceutical markets. The company was founded in 1986 and is headquartered in Santa Clara, California.