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.
EVO Transportation & Energy Services's 3-Year ROIIC % for the quarter that ended in Dec. 2022 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
EVOA's 3-Year ROIIC % is not ranked *
in the Transportation industry.
Industry Median: 2.04 * Ranked among companies with meaningful 3-Year ROIIC % only.
EVO Transportation & Energy Services (OTCPK:EVOA) 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.
EVO Transportation & Energy Services 3-Year ROIIC % Related Terms
EVO Transportation & Energy Services 3-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.
EVO Transportation & Energy Services 3-Year ROIIC % Chart
EVOA vs ATYG, CLTS, ETRXF: 3-Year ROIIC % Comparison
For the Trucking subindustry, EVO Transportation & Energy Services'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.
EVO Transportation & Energy Services 3-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, EVO Transportation & Energy Services's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where EVO Transportation & Energy Services's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -3.723 (Dec. 2022) - -23.1062943 (Dec. 2019) )
/
( 167.323 (Dec. 2022) - 156.673 (Dec. 2019) )
=
19.3832943
/
10.65
=
182.00%***
* 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.
EVO Transportation & Energy Services (EVOA) has a 3-Year ROIIC % of 0.00 as of Dec. 2022. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on EVO Transportation & Energy Services and its competitors.
Is EVO Transportation & Energy Services' 3-Year ROIIC % too high?
EVO Transportation & Energy Services' current 3-Year ROIIC % is 0.00. Overall, EVO Transportation & Energy Services has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does EVO Transportation & Energy Services' 3-Year ROIIC % compare to ATYG and CLTS?
EVO Transportation & Energy Services' 3-Year ROIIC % of 0.00 can be compared against companies in the Transportation industry. The industry median 3-Year ROIIC % is 2.04. 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 a Transportation company?
The median 3-Year ROIIC % among Transportation companies is 2.04, based on 937 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. 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 EVO Transportation & Energy Services and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EVO Transportation & Energy Services'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 EVO Transportation & Energy Services stock overvalued right now?
EVO Transportation & Energy Services (EVOA) has a current 3-Year ROIIC % of 0.00. The current 3-Year ROIIC % is 0.00. EVO Transportation & Energy Services' overall GF Score™ is 12/100. 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 EVO Transportation & Energy Services (EVOA), the current 3-Year ROIIC % is 0.00 as of Dec. 2022. 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.
EVO Transportation & Energy Services Business Description
EVO Transportation & Energy Services Inc is a holding company based in Peoria, Arizona. The company along with its subsidiaries is engaged in the business of acquiring, building, and operating public and private CNG fueling stations. The company's operating segments include Trucking and CNG Fueling Stations. Trucking is comprised of domestic freight trucking and surface transportation services. It generates maximum revenue from the Trucking segment.
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