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.
Pieridae Energy's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was 13.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Pieridae Energy's 5-Year ROIIC % or its related term are showing as below:
TSX:PEA's 5-Year ROIIC % is ranked better than 68.33% of 1001
companies
in the Oil & Gas industry
Industry Median: 2.88
vs TSX:PEA: 13.63
Pieridae Energy 5-Year ROIIC % Historical Data
The historical data trend for Pieridae Energy'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.
Competitive Comparison of Pieridae Energy's 5-Year ROIIC %
For the Oil & Gas E&P subindustry, Pieridae Energy'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.
Pieridae Energy's 5-Year ROIIC % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Pieridae Energy's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Pieridae Energy's 5-Year ROIIC % falls into.
Pieridae Energy 5-Year ROIIC % Calculation
Pieridae Energy's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
5-Year ROIIC %
=
5-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 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.
Pieridae Energy (TSX:PEA) 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.
Pieridae Energy 5-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Pieridae Energy's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Pieridae Energy Ltd is a Canadian owned corporation focused on the development of integrated energy-related activities, from exploration and extraction of natural gas to the development, construction and operation of Goldboro LNG facility and the production of LNG for sale to Europe and other markets. It is a mid-sized oil and gas entity including midstream operatorship, and three large, deep cut, sour gas plants and associated Sulphur forming facilities, together with various pipelines which are connected to the TC Energy NOVA pipeline system in Alberta Its upstream segment is comprised of petroleum and natural gas production operations and properties. It also includes the company's upstream operations in Eastern Canada and corporate overhead activities associated with these operations.
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