Canacol EnergyCNNEQ 3-Year ROIIC % is 0.00 as of Dec. 2024. The stock has 4 warning signs investors should review. Among 925 Oil & Gas companies, Canacol Energy ranks worse than 108108% 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.
Canacol Energy's 3-Year ROIIC % for the quarter that ended in Dec. 2024 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Canacol Energy's 3-Year ROIIC % or its related term are showing as below:
CNNEQ's 3-Year ROIIC % is not ranked *
in the Oil & Gas industry.
Industry Median: -0.02 * Ranked among companies with meaningful 3-Year ROIIC % only.
Canacol Energy (OTCPK:CNNEQ) 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.
Canacol Energy 3-Year ROIIC % Related Terms
Canacol Energy 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Canacol Energy'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.
CNNEQ vs CRCE, ALTX, FECOF: 3-Year ROIIC % Comparison
For the Oil & Gas E&P subindustry, Canacol Energy'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.
Canacol Energy 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Canacol Energy's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Canacol Energy's 3-Year ROIIC % falls into.
Canacol Energy's 3-Year ROIIC % for the quarter that ended in Dec. 2024 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 0 (Dec. 2024) - 31.3117427 (Dec. 2021) )
/
( 1079.291 (Dec. 2024) - 642.204 (Dec. 2021) )
=
/
437.087
=
0.00%***
* 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.
Canacol Energy (CNNEQ) has a 3-Year ROIIC % of 0.00 as of Dec. 2024. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Canacol Energy and its competitors. According to the industry distribution chart, Canacol Energy ranks #999999 out of 925 companies in the Oil & Gas industry.
Is Canacol Energy's 3-Year ROIIC % too high?
Canacol Energy's current 3-Year ROIIC % is 0.00. Based on the distribution chart, Canacol Energy ranks #999999 out of 925 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Canacol Energy's 3-Year ROIIC % compare to CRCE and ALTX?
According to the Oil & Gas industry distribution chart, Canacol Energy ranks #999999 out of 925 companies for 3-Year ROIIC %. This places Canacol Energy in the lower half of its industry. 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 Oil & Gas company?
A good 3-Year ROIIC % depends on the Oil & Gas industry context. However, 3-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 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 Canacol Energy and its competitors. Canacol Energy's current 3-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canacol Energy stock overvalued right now?
Based on GuruFocus' analysis, Canacol Energy (CNNEQ) is currently considered Possible Value Trap. The stock's GF Value™ is $3.26, compared to a current price of $0.01 — trading 99.7% below its estimated fair value. The current 3-Year ROIIC % is 0.00. 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 Canacol Energy (CNNEQ), the current 3-Year ROIIC % is 0.00 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.
Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower and Middle Magdalena Basins of Colombia.
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