Hokuriku Gas Co (TSE:9537) 5-Year ROIIC % : -52.09% (As of Mar. 2023)

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What is Hokuriku Gas Co 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Hokuriku Gas Co's 5-Year ROIIC % for the quarter that ended in Mar. 2023 was -52.09%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Hokuriku Gas Co's 5-Year ROIIC % or its related term are showing as below:

TSE:9537's 5-Year ROIIC % is ranked worse than
95.79% of 499 companies
in the Utilities - Regulated industry
Industry Median: 3.68 vs TSE:9537: -52.09

Hokuriku Gas Co 5-Year ROIIC % Historical Data

The historical data trend for Hokuriku Gas Co's 5-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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Hokuriku Gas Co 5-Year ROIIC % Chart

Hokuriku Gas Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

5-Year ROIIC %

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0.58

-3.79

2.32

-4.69

-52.09

Hokuriku Gas Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
5-Year ROIIC %	Get a 7-Day Free Trial															-	-52.09	-	-	-

Competitive Comparison of Hokuriku Gas Co's 5-Year ROIIC %

For the Utilities - Regulated Gas subindustry, Hokuriku Gas Co's 5-Year ROIIC %, along with its competitors' market caps and 5-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.

Hokuriku Gas Co's 5-Year ROIIC % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hokuriku Gas Co's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Hokuriku Gas Co's 5-Year ROIIC % falls into.

Hokuriku Gas Co 5-Year ROIIC % Calculation

Hokuriku Gas Co's 5-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

5-Year ROIIC %	=	5-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	5-Year Incremental Invested Capital^**
	=	( 188.0191854 (Mar. 2023) - 2048.9728701 (Mar. 2018) )	/	( 53694.584 (Mar. 2023) - 50121.773 (Mar. 2018) )
	=	-1860.9536847	/	3572.811
	=	-52.09%^***

** Annual data of NOPAT and Invested Capital was used to calculate 5-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.

Hokuriku Gas Co (TSE:9537) 5-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.

Hokuriku Gas Co 5-Year ROIIC % Related Terms

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Hokuriku Gas Co (TSE:9537) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Hokuriku Gas Co Ltd (TSE:9537) » Definitions » 5-Year ROIIC %

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Traded in Other Exchanges

N/A

Address

1-2-23 Higashiodori, Chuo-ku, Niigata Prefecture, Niigata City, JPN, 950-8748

Website

http://www.hokurikugas.co.jp

Hokuriku Gas Co Ltd engages in the manufacture, supply, and sale of city gas, and gas-related equipment. It is involved in the manufacture, supply and sale of city gas, the operation of gas works, as well as the sale of gas equipment. The firm also engages in the sale of liquefied petroleum gas (LPG) and LPG equipment, the operation of LPG piping works, gas works and civil engineering works, the design, installation, maintenance, security and inspection of gas equipment, the sale, installation and meter reading of housing facilities and equipment, the leasing and management of buildings, the leasing of business equipment and vehicles, It also undertakes gas construction contracts; and sells gas appliances.

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