Elektrokrajina AD (XBLB:EKBL-R-A) ROIC %: 0.86% (As of Dec. 2023)

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What is Elektrokrajina AD ROIC %?

Elektrokrajina AD XBLB:EKBL-R-A ROIC % is 0.86% as of Dec. 2023.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Elektrokrajina AD's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2023 was 0.86%.

As of today (2026-07-15), Elektrokrajina AD's WACC % is 0.00%. Elektrokrajina AD's ROIC % is 0.00% (calculated using TTM income statement data). Elektrokrajina AD earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Elektrokrajina AD  (XBLB:EKBL-R-A) 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, Elektrokrajina AD's WACC % is 0.00%. Elektrokrajina AD's ROIC % is 0.00% (calculated using TTM income statement data). Elektrokrajina AD 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.


Elektrokrajina AD ROIC % Related Terms


Elektrokrajina AD ROIC % Historical Data

* Premium members only.

The historical data trend for Elektrokrajina AD'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.

Elektrokrajina AD ROIC % Chart

Elektrokrajina AD Annual Data
Trend Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
ROIC %
Get a 7-Day Free Trial 0.37 -0.24 0.00 -0.19 0.86

Elektrokrajina AD Semi-Annual Data
Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
ROIC % Get a 7-Day Free Trial 0.37 -0.24 0.00 -0.19 0.86

XBLB:EKBL-R-A vs NEE, SO, DUK: ROIC % Comparison

For the Utilities - Regulated Electric subindustry, Elektrokrajina AD'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.


Elektrokrajina AD ROIC % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elektrokrajina AD's ROIC % distribution charts can be found below:

* The bar in red indicates where Elektrokrajina AD's ROIC % falls into.



Elektrokrajina AD ROIC % Calculation

Elektrokrajina AD's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROIC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=4.32 * ( 1 - 0% )/( (497.865 + 501.377)/ 2 )
=4.32/499.621
=0.86 %

where

Elektrokrajina AD's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2023 is calculated as:

ROIC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=4.32 * ( 1 - 0% )/( (497.865 + 501.377)/ 2 )
=4.32/499.621
=0.86 %

where

Note: The Operating Income data used here is one times the annual (Dec. 2023) 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 0.86% mean?
Elektrokrajina AD (XBLB:EKBL-R-A) has a ROIC % of 0.86% as of Dec. 2023. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Elektrokrajina AD and its competitors.
Is Elektrokrajina AD's ROIC % too high?
Elektrokrajina AD's current ROIC % is 0.86%. The Utilities - Regulated industry median ROIC % is 4.17. Elektrokrajina AD's value of 0.86% is 79.4% below this industry median.
How does Elektrokrajina AD's ROIC % compare to NEE and SO?
Elektrokrajina AD's ROIC % of 0.86% can be compared against companies in the Utilities - Regulated industry. The industry median ROIC % is 4.17. Elektrokrajina AD's value of 0.86% is 79.4% 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 an Utilities - Regulated company?
The median ROIC % among Utilities - Regulated companies is 4.17, based on 501 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. Elektrokrajina AD's current ROIC % of 0.86% is 79.4% 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 Elektrokrajina AD and its competitors. For the Utilities - Regulated industry, the median ROIC % is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elektrokrajina AD's current ROIC % is 0.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elektrokrajina AD stock overvalued right now?
Elektrokrajina AD (XBLB:EKBL-R-A) has a current ROIC % of 0.86%. The current ROIC % is 0.86% and 79.4% below the Utilities - Regulated industry median of 4.17. 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 Elektrokrajina AD (XBLB:EKBL-R-A), the current ROIC % is 0.86% as of Dec. 2023. 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.

Elektrokrajina AD Business Description

Address 95 Kralja Petra I Karayoryeviya Street, Banja Luka, BIH, 78000
Elektrokrajina AD is an electricity distribution company operating in Bosnia and Herzegovina. The activities of the company include distribution and supply of electricity and designing power facilities as well as building and maintaining them.