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.
Korea Gas's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 19.14%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Korea Gas's 10-Year ROIIC % or its related term are showing as below:
XKRX:036460's 10-Year ROIIC % is ranked better than 88.89% of 495
companies
in the Utilities - Regulated industry
Industry Median: 3.68
vs XKRX:036460: 19.14
Korea Gas 10-Year ROIIC % Historical Data
The historical data trend for Korea Gas'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.
Competitive Comparison of Korea Gas's 10-Year ROIIC %
For the Utilities - Regulated Gas subindustry, Korea Gas'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.
Korea Gas's 10-Year ROIIC % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Korea Gas's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Korea Gas's 10-Year ROIIC % falls into.
Korea Gas 10-Year ROIIC % Calculation
Korea Gas's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* 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.
** 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.
Korea Gas (XKRX:036460) 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.
Korea Gas 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Korea Gas's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Korea Gas Corp is a Korean natural gas utility company. The Government of Korea holds a majority stake in the firm. Korea Gas Corp holds a monopoly as the country's only natural gas distributor with a nationwide network of pipelines and storage tanks. The company segments its operations into Domestic Business and Overseas Business units. The Domestic Business division encompasses Korea Gas' liquefied natural gas (LNG) purchasing, supply, storage, and pipeline distributing activities. The company primarily buys natural gas from Middle Eastern and Southeast Asian sources. Korea Gas' total revenue is split fairly evenly between the sale of natural gas to urban consumers and to the power sector. Korean housing and industrial customers represent the majority of the firm's customer base.
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