GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Power Corporation of Canada (TSX:POW.PR.E) » Definitions » 10-Year ROIIC %

Power of Canada (TSX:POW.PR.E) 10-Year ROIIC % : 0.31% (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Power of Canada 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Power of Canada's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 0.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Power of Canada's 10-Year ROIIC % or its related term are showing as below:

TSX:POW.PR.E's 10-Year ROIIC % is ranked worse than
65.93% of 273 companies
in the Insurance industry
Industry Median: 1.86 vs TSX:POW.PR.E: 0.31

Power of Canada 10-Year ROIIC % Historical Data

The historical data trend for Power of Canada's 10-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.

Power of Canada 10-Year ROIIC % Chart

Power of Canada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.39 0.51 0.28 0.31

Power of Canada Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
10-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 - 0.31 - - -

Competitive Comparison of Power of Canada's 10-Year ROIIC %

For the Insurance - Life subindustry, Power of Canada's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


Power of Canada's 10-Year ROIIC % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Power of Canada's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Power of Canada's 10-Year ROIIC % falls into.



Power of Canada 10-Year ROIIC % Calculation

Power of Canada's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 4346.3811 (Dec. 2023) - 3122.7999 (Dec. 2013) )/( 737673.7 (Dec. 2023) - 338360.1 (Dec. 2013) )
=1223.5812/399313.6
=0.31%***

* 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 10-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.


Power of Canada  (TSX:POW.PR.E) 10-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.


Power of Canada 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Power of Canada's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Power of Canada Business Description

Address
751 Victoria Square, Montreal, QC, CAN, H2Y 2J3
Power Corporation of Canada is a holding company with controlling interests in Great-West Lifeco (an insurance conglomerate), IGM Financial (Canada's largest nonbank asset manager), and other alternative asset-management platforms (Sagard and Power Sustainable). The company also has minority interests in Groupe Bruxelles Lambert (a holding company with interests in European companies) and ChinaAMC (an asset manager in China).

Power of Canada Headlines

No Headlines