Hokkaido Electric Power Co (TSE:9509) 10-Year ROIIC % : 42.40% (As of Mar. 2024)

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What is Hokkaido Electric Power Co 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Hokkaido Electric Power Co's 10-Year ROIIC % for the quarter that ended in Mar. 2024 was 42.40%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Hokkaido Electric Power Co's 10-Year ROIIC % or its related term are showing as below:

TSE:9509's 10-Year ROIIC % is ranked better than
90.49% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.2 vs TSE:9509: 42.40

Hokkaido Electric Power Co 10-Year ROIIC % Historical Data

The historical data trend for Hokkaido Electric Power Co's 10-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hokkaido Electric Power Co 10-Year ROIIC % Chart

Hokkaido Electric Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

10-Year ROIIC %

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3.89

6.36

0.78

26.07

42.40

Hokkaido Electric Power Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
10-Year ROIIC %	Get a 7-Day Free Trial															26.07	-	-	-	42.40

Competitive Comparison of Hokkaido Electric Power Co's 10-Year ROIIC %

For the Utilities - Renewable subindustry, Hokkaido Electric Power Co's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hokkaido Electric Power Co's 10-Year ROIIC % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Hokkaido Electric Power Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Hokkaido Electric Power Co's 10-Year ROIIC % falls into.

Hokkaido Electric Power Co 10-Year ROIIC % Calculation

Hokkaido Electric Power Co's 10-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

10-Year ROIIC %	=	10-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	10-Year Incremental Invested Capital^**
	=	( 76403.1268 (Mar. 2024) - -51324.1938 (Mar. 2014) )	/	( 2082827 (Mar. 2024) - 1781598 (Mar. 2014) )
	=	127727.3206	/	301229
	=	42.40%^***

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Hokkaido Electric Power Co (TSE:9509) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

Hokkaido Electric Power Co 10-Year ROIIC % Related Terms

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Hokkaido Electric Power Co (TSE:9509) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Hokkaido Electric Power Co Inc (TSE:9509) » Definitions » 10-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

9509:Japan

Address

2, Higashi 1-chome, Odori, Chuo-ku, Sapporo, Hokkaido, JPN, 060-8677

Website

http://www.hepco.co.jp

Hokkaido Electric Power Co, Inc. or HEPCO, is a Japanese electric utility that serves the northernmost island of Hokkaido. HEPCO is involved in the generation, transmission, and distribution of electric energy on the island. The company utilizes a portfolio of hydroelectric, steam, gas, internal combustion, nuclear, geothermal, and solar power plants to do this. While Most of HEPCO's sites are hydroelectric, the company's fossil fuel facilities represent the vast majority of its total energy production and production capacity. Hokkaido Electric Power's electric utility business is responsible for nearly all of its revenue with sales split mainly between residential and commercial/industrial customer groups. Most electrical output, however, is transmitted to residential customers.

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