ICGGF (Ichigo Green Infrastructure Investment) ROIC %: 1.78% (As of Dec. 2025)


ICGGF Ichigo Green Infrastructure Investment Corp ICGGF
78 GF Score
Price $312.10
GF Value $355.00
! 4 Warning Signs
View Full Analysis

What is Ichigo Green Infrastructure Investment ROIC %?

Ichigo Green Infrastructure Investment ICGGF 78 ROIC % is 1.78% as of Dec. 2025. GuruFocus rates ICGGF with a GF Score™ of 78/100 and a GF Value™ of $355.00. The stock has 4 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Ichigo Green Infrastructure Investment's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 1.78%.

As of today (2026-07-03), Ichigo Green Infrastructure Investment's WACC % is 2.61%. Ichigo Green Infrastructure Investment's ROIC % is 3.54% (calculated using TTM income statement data). Ichigo Green Infrastructure Investment generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Ichigo Green Infrastructure Investment  (OTCPK:ICGGF) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Ichigo Green Infrastructure Investment's WACC % is 2.61%. Ichigo Green Infrastructure Investment's ROIC % is 3.54% (calculated using TTM income statement data). Ichigo Green Infrastructure Investment generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Ichigo Green Infrastructure Investment ROIC % Related Terms


Ichigo Green Infrastructure Investment ROIC % Historical Data

* Premium members only.

The historical data trend for Ichigo Green Infrastructure Investment's ROIC % 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.

Ichigo Green Infrastructure Investment ROIC % Chart

Ichigo Green Infrastructure Investment Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROIC %
Get a 7-Day Free Trial 3.61 3.63 3.95 3.91 4.41

Ichigo Green Infrastructure Investment Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROIC % 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 0.00 6.13 2.46 5.92 1.78

ICGGF vs EQIX, AMT, DLR: ROIC % Comparison

For the REIT - Specialty subindustry, Ichigo Green Infrastructure Investment's ROIC %, along with its competitors' market caps and ROIC % 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.


Ichigo Green Infrastructure Investment ROIC % vs REITs Industry

For the REITs industry and Real Estate sector, Ichigo Green Infrastructure Investment's ROIC % distribution charts can be found below:

* The bar in red indicates where Ichigo Green Infrastructure Investment's ROIC % falls into.


ICGGF
78GF Score
Ichigo Green Infrastructure Investment Corp ICGGF
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichigo Green Infrastructure Investment ROIC % Calculation

Ichigo Green Infrastructure Investment's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2024 is calculated as:

ROIC % (A: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2023 ) + Invested Capital (A: Dec. 2024 ))/ count )
=2.111 * ( 1 - 0.89% )/( (0 + 47.465)/ 1 )
=2.0922121/47.465
=4.41 %

where

Ichigo Green Infrastructure Investment's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=1 * ( 1 - 1.45% )/( (49.102 + 61.806)/ 2 )
=0.9855/55.454
=1.78 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 1.78% mean?
Ichigo Green Infrastructure Investment (ICGGF) has a ROIC % of 1.78% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Ichigo Green Infrastructure Investment and its competitors.
Is Ichigo Green Infrastructure Investment's ROIC % too high?
Ichigo Green Infrastructure Investment's current ROIC % is 1.78%. The REITs industry median ROIC % is 3.74. Ichigo Green Infrastructure Investment's value of 1.78% is 52.4% below this industry median. Overall, Ichigo Green Infrastructure Investment has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Ichigo Green Infrastructure Investment's ROIC % compare to EQIX and AMT?
Ichigo Green Infrastructure Investment's ROIC % of 1.78% can be compared against companies in the REITs industry. The industry median ROIC % is 3.74. Ichigo Green Infrastructure Investment's value of 1.78% is 52.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a REITs company?
The median ROIC % among REITs companies is 3.74, based on 747 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ichigo Green Infrastructure Investment's current ROIC % of 1.78% is 52.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Ichigo Green Infrastructure Investment and its competitors. For the REITs industry, the median ROIC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichigo Green Infrastructure Investment's current ROIC % is 1.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Green Infrastructure Investment stock overvalued right now?
Ichigo Green Infrastructure Investment (ICGGF) has a current ROIC % of 1.78%. The stock's GF Value™ is $355.00, compared to a current price of $312.10 — trading 12.1% below its estimated fair value. The current ROIC % is 1.78% and 52.4% below the REITs industry median of 3.74. Ichigo Green Infrastructure Investment's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Ichigo Green Infrastructure Investment (ICGGF), the current ROIC % is 1.78% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ichigo Green Infrastructure Investment (ICGGF) Overvalued in 2026?

Based on GuruFocus' analysis, Ichigo Green Infrastructure Investment stock appears to be undervalued. The current stock price of $312.10 is trading 12.1% below its estimated GF Value™ of $355.00.

Key valuation signals for ICGGF:

  • ROIC %: 1.78%
  • GF Value™: $355.00 vs. price of $312.10 (12.1% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 52.4% below the REITs median

No single metric tells the full story. See the ICGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ichigo Green Infrastructure Investment Business Description

Industry Real EstateREITs
Other Exchanges 9282:Japan
Address Marunouchi Park Building, 2-6-1 Marunouchi, 20th floor, Chiyoda-ku, Tokyo, JPN, 100-6920
Ichigo Green Infrastructure Investment Corp is a solar power energy company. It invests in renewable energy power plants in Japan. It invests in photovoltaic power generation facilities with small- and medium-scale power generation amount and also invests in medium- and large-scale photovoltaic power generation facilities.
78GF Score

Get the complete analysis for ICGGF

ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$312.10
Price
$355.00
GF Value