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1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year.
Compania deneamento de Minas Gerais - COPASA MG's 1-Year ROIIC % for the quarter that ended in Mar. 2026 was -0.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
BSP:CSMG3's 1-Year ROIIC % is ranked worse than 57.43% of 498
companies
in the Utilities - Regulated industry
Industry Median: 2.125
vs BSP:CSMG3: -0.41
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) 1-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.
Compania deneamento de Minas Gerais - COPASA MG 1-Year ROIIC % Related Terms
Compania deneamento de Minas Gerais - COPASA MG 1-Year ROIIC % Historical Data
* 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.
Compania deneamento de Minas Gerais - COPASA MG 1-Year ROIIC % Chart
Compania deneamento de Minas Gerais - COPASA MG Annual Data
BSP:CSMG3 vs AWK, WTRG, AWR: 1-Year ROIIC % Comparison
For the Utilities - Regulated Water subindustry, Compania deneamento de Minas Gerais - COPASA MG's 1-Year ROIIC %, along with its competitors' market caps and 1-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.
Compania deneamento de Minas Gerais - COPASA MG 1-Year ROIIC % vs Utilities - Regulated Industry
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
1-Year Incremental Invested Capital
=
( 1779.289 (Mar. 2026) - 1797.3919 (Mar. 2025) )
/
( 19111.064 (Mar. 2026) - 14713.495 (Mar. 2025) )
=
-18.1029
/
4397.569
=
-0.41%***
* 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.
** TTM data of NOPAT and Invested Capital was used to calculate 1-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.
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) has a 1-Year ROIIC % of -0.41 as of Mar. 2026. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Compania deneamento de Minas Gerais - COPASA MG and its competitors. According to the industry distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #286 out of 498 companies in the Utilities - Regulated industry, placing it in the top 57.4%.
Is Compania deneamento de Minas Gerais - COPASA MG's 1-Year ROIIC % too high?
Compania deneamento de Minas Gerais - COPASA MG's current 1-Year ROIIC % is -0.41. Based on the distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #286 out of 498 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Compania deneamento de Minas Gerais - COPASA MG has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Compania deneamento de Minas Gerais - COPASA MG's 1-Year ROIIC % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #286 out of 498 companies for 1-Year ROIIC %. This places Compania deneamento de Minas Gerais - COPASA MG in the lower half of its industry. The industry median 1-Year ROIIC % is 2.13. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year ROIIC % for an Utilities - Regulated company?
The median 1-Year ROIIC % among Utilities - Regulated companies is 2.13, based on 498 companies in the industry. Companies in the top quartile (top 25%) have a 1-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 1-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 1-Year ROIIC % mean?
A high 1-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on Compania deneamento de Minas Gerais - COPASA MG and its competitors. For the Utilities - Regulated industry, the median 1-Year ROIIC % is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Compania deneamento de Minas Gerais - COPASA MG's current 1-Year ROIIC % is -0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania deneamento de Minas Gerais - COPASA MG stock overvalued right now?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$25.12, compared to a current price of R$63.16 — trading 151.4% above its estimated fair value. The current 1-Year ROIIC % is -0.41. Compania deneamento de Minas Gerais - COPASA MG's overall GF Score™ is 83/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year ROIIC % calculated?
1-Year ROIIC % is calculated from a company's financial statements. For Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3), the current 1-Year ROIIC % is -0.41 as of Mar. 2026. 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 Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Overvalued in 2026?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG stock appears to be overvalued.
The current stock price of R$63.16 is trading 151.4% above its estimated GF Value™ of R$25.12.
GuruFocus considers Compania deneamento de Minas Gerais - COPASA MG to be Significantly Overvalued.
Key valuation signals for BSP:CSMG3:
1-Year ROIIC %: -0.41
GF Value™: R$25.12 vs. price of R$63.16 (151.4% above fair value)
No single metric tells the full story. See the BSP:CSMG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Compania deneamento de Minas Gerais - COPASA MG Business Description
Compania de Saneamento de Minas Gerais - COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Servicos de Irrigacao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Servicos de Irrigacao S.A. manages, performs, and sells irrigation system services. COPASA Aguas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where an amount of revenue is generated.
83GF Score
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