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Datatec Limited, together with its subsidiaries, provides information and communication technology (ICT) solutions and services worldwide. It operates through Westcon International, Logicalis Internat...
The following section summarizes insights on Datatec Limited's Research and Development CAGR (3y):
We've identified the following companies as similar to Datatec Limited because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Research and Development CAGR (3y) in the growth category include:
Three-year compound annual growth rate in research and development.
Research and Development CAGR (3y) measures the three-year compound annual growth rate in R&D Expenses.
Compound annual growth rate (CAGR) is a commonly used business and investing term that measures the growth of a metric over multiple periods. CAGRs are useful since they reduce the effect of volatility in specific periods, unlike arithmetic means.
You can find the calculation details for Datatec’s R&D Expenses CAGR outlined below. The calculation starts by listing values for R&D Expenses for the last four fiscal years that are required to calculate CAGR:
Fiscal Year | R&D Expenses | YoY Growth |
---|---|---|
2021-02-28T00:00:00.000Z | 5.471 M | |
2022-02-28T00:00:00.000Z | 7.432 M | 35.8% |
2023-02-28T00:00:00.000Z | 9.058 M | 21.9% |
2024-02-29T00:00:00.000Z | 10.444 M | 15.3% |
Using the values for R&D Expenses listed in the table above, we can calculate three-year R&D Expenses CAGR as follows:
Number of years = 3
Multiplier = $10.444 M / $5.471 M = 1.91
3 Year CAGR = 1.91 ^ (1/3) - 1 = 24.1%
Growth calculations are always made in the company’s reporting currency to ensure currency fluctuations do not impact the calculation. Datatec’s reports in the USD currency. You can read more about R&D Expenses here and compound annual growth rate on Wikipedia. You may also find variants five-year R&D Expenses CAGR, and seven-year R&D Expenses CAGR useful.
The chart above depicts the distribution of research and development cagr (3y) for companies operating in the Information Technology sector in the Developing economic region. Over 1,190 companies were considered in this analysis, and 1,145 had meaningful values. The average research and development cagr (3y) of companies in the sector is 17.1% with a standard deviation of 20.3%.
Datatec Limited's Research and Development CAGR (3y) of 24.1% ranks in the 67.6% percentile for the sector. The following table provides additional summary stats:
Economic Risk Region | Developing |
Total Constituents | 1,193 |
Included Constituents | 1,145 |
Min | -27.9% |
Max | 83.6% |
Median | 15.5% |
Mean | 17.1% |
Standard Deviation | 20.3% |
You can find companies with similar research and development cagr (3y) using this stock screener.