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Touchstone Exploration (Touchstone Exploration) 3-Year ROIIC % : 27.65% (As of Dec. 2023)


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What is Touchstone Exploration 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Touchstone Exploration's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 27.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Touchstone Exploration's 3-Year ROIIC % or its related term are showing as below:

PBEGF's 3-Year ROIIC % is ranked better than
68.76% of 1018 companies
in the Oil & Gas industry
Industry Median: 7.815 vs PBEGF: 27.65

Touchstone Exploration 3-Year ROIIC % Historical Data

The historical data trend for Touchstone Exploration's 3-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.

* Premium members only.

Touchstone Exploration 3-Year ROIIC % Chart

Touchstone Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.86 -6.50 1.28 -47.23 27.65

Touchstone Exploration Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -47.23 - - - 27.65

Competitive Comparison of Touchstone Exploration's 3-Year ROIIC %

For the Oil & Gas E&P subindustry, Touchstone Exploration's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


Touchstone Exploration's 3-Year ROIIC % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Touchstone Exploration's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Touchstone Exploration's 3-Year ROIIC % falls into.



Touchstone Exploration 3-Year ROIIC % Calculation

Touchstone Exploration's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 15.1067448 (Dec. 2023) - -1.392555 (Dec. 2020) )/( 131.276 (Dec. 2023) - 75.24 (Dec. 2020) )
=16.4992998/56.036
=29.44%***

* 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 3-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.


Touchstone Exploration  (OTCPK:PBEGF) 3-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.


Touchstone Exploration 3-Year ROIIC % Related Terms

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Touchstone Exploration (Touchstone Exploration) Business Description

Traded in Other Exchanges
Address
350 - 7th Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 3N9
Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is primarily engaged in the exploration and the acquisition, development, and production of hydrocarbons in onshore reservoirs in Trinidad. The company holds interests in producing and exploration properties in southern Trinidad, which is approximately 90,000 gross acres of exploration and development rights. Its core focus is on developing production on its four onshore lease operatorship properties (Coora Block 1 & 2, WD-4 & WD-8) and its Fyzabad onshore property.

Touchstone Exploration (Touchstone Exploration) Headlines