China Gas HoldingsCGHOF -3.14%53 3-Year ROIIC % is 55.59 as of Mar. 2025, which is 471% above its 10-year median of 9.74. GuruFocus rates CGHOF with a GF Score™ of 53/100 and a GF Value™ of $0.91 (Fairly Valued). The stock has 8 warning signs investors should review. Among 478 Utilities - Regulated companies, China Gas Holdings ranks better than 93.1% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
China Gas Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2025 was 55.59%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for China Gas Holdings's 3-Year ROIIC % or its related term are showing as below:
CGHOF's 3-Year ROIIC % is ranked better than 93.1% of 478
companies
in the Utilities - Regulated industry
Industry Median: 3.99
vs CGHOF: 55.59
China Gas Holdings (OTCPK:CGHOF) 3-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.
China Gas Holdings 3-Year ROIIC % Related Terms
China Gas Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for China Gas Holdings's 3-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.
For the Utilities - Regulated Gas subindustry, China Gas Holdings's 3-Year ROIIC %, along with its competitors' market caps and 3-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.
China Gas Holdings 3-Year ROIIC % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, China Gas Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where China Gas Holdings's 3-Year ROIIC % falls into.
* 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 3-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.
China Gas Holdings (CGHOF) has a 3-Year ROIIC % of 55.59 as of Mar. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on China Gas Holdings and its competitors. This is 471% above median its historical median of 9.74. According to the industry distribution chart, China Gas Holdings ranks #33 out of 478 companies in the Utilities - Regulated industry, placing it in the top 6.9%.
Is China Gas Holdings' 3-Year ROIIC % too high?
China Gas Holdings' current 3-Year ROIIC % of 55.59 is 471% above median its 10-year median of 9.74. The Utilities - Regulated industry median 3-Year ROIIC % is 3.99. China Gas Holdings' value of 55.59 is 1293.2% above this industry median. Based on the distribution chart, China Gas Holdings ranks #33 out of 478 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, China Gas Holdings has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Gas Holdings' 3-Year ROIIC % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, China Gas Holdings ranks #33 out of 478 companies for 3-Year ROIIC %. This places China Gas Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.99. China Gas Holdings' value of 55.59 is 1293.2% above this benchmark. While the company's 10-year median is 9.74 vs. the industry median of 3.99, China Gas Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Utilities - Regulated company?
The median 3-Year ROIIC % among Utilities - Regulated companies is 3.99, based on 478 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Gas Holdings's current 3-Year ROIIC % of 55.59 is 1293.2% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on China Gas Holdings and its competitors. For the Utilities - Regulated industry, the median 3-Year ROIIC % is 3.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Gas Holdings's current 3-Year ROIIC % is 55.59, which is 471% above median its own 10-year median of 9.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Gas Holdings (CGHOF) is currently considered Fairly Valued. The stock's GF Value™ is $0.91, compared to a current price of $0.95 — trading 4% above its estimated fair value. The current 3-Year ROIIC % is 55.59, which is 471% above median its 10-year median of 9.74 and 1293.2% above the Utilities - Regulated industry median of 3.99. China Gas Holdings' overall GF Score™ is 53/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For China Gas Holdings (CGHOF), the current 3-Year ROIIC % is 55.59 as of Mar. 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 China Gas Holdings (CGHOF) Overvalued in 2026?
Based on GuruFocus' analysis, China Gas Holdings stock appears to be overvalued.
The current stock price of $0.95 is trading 4% above its estimated GF Value™ of $0.91.
GuruFocus considers China Gas Holdings to be Fairly Valued.
Key valuation signals for CGHOF:
3-Year ROIIC %: 55.59 (471% above median its 10-year median of 9.74)
GF Value™: $0.91 vs. price of $0.95 (4% above fair value)
Industry Position: 1293.2% above the Utilities - Regulated median (#33 of 478)
No single metric tells the full story. See the CGHOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2025 (ended March 31, 2025), the group had secured a total of 662 piped gas concessions and 488 compressed natural gas/liquefied natural gas refilling stations for vehicles in China. In total, CGH has connected 48.5 million residential households and achieved a penetration rate of 72.9%.
53GF Score
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