Cortus Energy AB (OSTO:CE) ROIC %: 19.72% (As of Dec. 2024)


OSTO:CE Cortus Energy AB OSTO:CE
8 GF Score
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What is Cortus Energy AB ROIC %?

Cortus Energy AB OSTO:CE 8 ROIC % is 19.72% as of Dec. 2024. GuruFocus rates OSTO:CE with a GF Score™ of 8/100.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Cortus Energy AB's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2024 was 19.72%.

As of today (2026-06-27), Cortus Energy AB's WACC % is 0.00%. Cortus Energy AB's ROIC % is 0.00% (calculated using TTM income statement data). Cortus Energy AB earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Cortus Energy AB  (OSTO:CE) 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, Cortus Energy AB's WACC % is 0.00%. Cortus Energy AB's ROIC % is 0.00% (calculated using TTM income statement data). Cortus Energy AB earns returns that do not match up to its cost of capital. It will destroy value as it grows.


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.


Cortus Energy AB ROIC % Related Terms


Cortus Energy AB ROIC % Historical Data

* Premium members only.

The historical data trend for Cortus Energy AB'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.

Cortus Energy AB ROIC % Chart

Cortus Energy AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64.11 -71.51 -63.65 -69.76 -41.40

Cortus Energy AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only -62.01 -56.89 -55.56 -52.54 19.72

OSTO:CE vs CEG: ROIC % Comparison

For the Utilities - Renewable subindustry, Cortus Energy AB'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.


Cortus Energy AB ROIC % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cortus Energy AB's ROIC % distribution charts can be found below:

* The bar in red indicates where Cortus Energy AB's ROIC % falls into.


OSTO:CE
8GF Score
Cortus Energy AB OSTO:CE
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Cortus Energy AB ROIC % Calculation

Cortus Energy AB'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 )
=-44.117 * ( 1 - 0% )/( (123.29 + 89.837)/ 2 )
=-44.117/106.5635
=-41.40 %

where

Cortus Energy AB's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2024 is calculated as:

ROIC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=17.728 * ( 1 - 0% )/( (89.952 + 89.837)/ 2 )
=17.728/89.8945
=19.72 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) 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 19.72% mean?
Cortus Energy AB (OSTO:CE) has a ROIC % of 19.72% as of Dec. 2024. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Cortus Energy AB and its competitors.
Is Cortus Energy AB's ROIC % too high?
Cortus Energy AB's current ROIC % is 19.72%. The Utilities - Independent Power Producers industry median ROIC % is 2.27. Cortus Energy AB's value of 19.72% is 770.6% above this industry median. Overall, Cortus Energy AB has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Cortus Energy AB's ROIC % compare to CEG?
Cortus Energy AB's ROIC % of 19.72% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROIC % is 2.27. Cortus Energy AB's value of 19.72% is 770.6% above 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 an Utilities - Independent Power Producers company?
The median ROIC % among Utilities - Independent Power Producers companies is 2.27, based on 430 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. Cortus Energy AB's current ROIC % of 19.72% is 770.6% above 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 Cortus Energy AB and its competitors. For the Utilities - Independent Power Producers industry, the median ROIC % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cortus Energy AB's current ROIC % is 19.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cortus Energy AB stock overvalued right now?
Cortus Energy AB (OSTO:CE) has a current ROIC % of 19.72%. The current ROIC % is 19.72% and 770.6% above the Utilities - Independent Power Producers industry median of 2.27. Cortus Energy AB's overall GF Score™ is 8/100. 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 Cortus Energy AB (OSTO:CE), the current ROIC % is 19.72% as of Dec. 2024. 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.

Cortus Energy AB Business Description

Address Isafjordsgatan 30C, 7th floor, Kista, SWE, 164 40
Cortus Energy AB provides cost-effective and renewable energy gas. It offers energy gas for power, industrial and transport applications.
8GF Score

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

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