Hurco Companies Inc

NASDAQ HURC

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Hurco Companies Inc Return on Fixed Assets (ROFA) 2 year CAGR for the year ending October 31, 2023: -16.65%

Hurco Companies Inc Return on Fixed Assets (ROFA) 2 year CAGR is -16.65% for the year ending October 31, 2023. Return on fixed assets measures the profitability of a company relative to its fixed assets, such as property, plant, and equipment. It is calculated by dividing the net income by the net value of fixed assets. This ratio provides insights into how effectively a company utilizes its fixed assets to generate profits. A higher return on fixed assets suggests better profitability and efficient utilization of fixed assets. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Hurco Companies Inc Return on Fixed Assets (ROFA) for the year ending October 31, 2022 was 48.55%, a 52.39% change year over year.
Hurco Companies Inc Return on Fixed Assets (ROFA) for the year ending October 31, 2021 was 31.86%, a 220.71% change year over year.
Hurco Companies Inc Return on Fixed Assets (ROFA) for the year ending October 31, 2020 was -26.39%, a -120.99% change year over year.
Hurco Companies Inc Return on Fixed Assets (ROFA) for the year ending October 31, 2019 was 125.75%, a -24.17% change year over year.

NASDAQ: HURC

Hurco Companies Inc

CEO	Mr. Michael Doar
IPO Date	Sept. 5, 1989
Location	United States
Headquarters	One Technology Way, Indianapolis, IN, United States, 46268
Employees	716
Sector	Industrials
Industry	Specialty industrial machinery

Description

Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. Its principal products include general-purpose computerized machine tools, including vertical and horizontal machining centers, turning centers, and toolroom machines. The company also provides computer control systems and related software for press brake applications. In addition, it offers machine tool components, automation integration equipment, and solutions for job shops; and software options, control upgrades, and accessories and replacement parts for its products, as well as customer service, training, and applications support services. Further, the company provides Autobend computer control systems for press brake machines. It serves independent job shops and specialized short-run production applications within large manufacturing operations, as well as precision tool, die, and mold manufacturers in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries. The company sells its products under the Hurco, Milltronics, and Takumi brands through independent agents and distributors, as well as through its direct sales and service organizations. Hurco Companies, Inc. was incorporated in 1968 and is headquartered in Indianapolis, Indiana.

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