GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grenergy Renovables SA (FRA:5GR) » Definitions » 3-Year ROIIC %

Grenergy Renovables (FRA:5GR) 3-Year ROIIC % : 7.12% (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Grenergy Renovables 3-Year ROIIC %?

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. Grenergy Renovables's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 7.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Grenergy Renovables's 3-Year ROIIC % or its related term are showing as below:

FRA:5GR's 3-Year ROIIC % is ranked better than
57.78% of 1646 companies
in the Construction industry
Industry Median: 3.62 vs FRA:5GR: 7.12

Grenergy Renovables 3-Year ROIIC % Historical Data

The historical data trend for Grenergy Renovables'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.

* Premium members only.

Grenergy Renovables 3-Year ROIIC % Chart

Grenergy Renovables Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.45 16.00 5.33 6.19 7.12

Grenergy Renovables Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23 Jun24
3-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 - 6.19 - 7.12 -

Competitive Comparison of Grenergy Renovables's 3-Year ROIIC %

For the Engineering & Construction subindustry, Grenergy Renovables'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.


Grenergy Renovables's 3-Year ROIIC % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grenergy Renovables's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Grenergy Renovables's 3-Year ROIIC % falls into.



Grenergy Renovables 3-Year ROIIC % Calculation

Grenergy Renovables's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 87.01089 (Dec. 2023) - 22.565522 (Dec. 2020) )/( 1099.105 (Dec. 2023) - 193.581 (Dec. 2020) )
=64.445368/905.524
=7.12%***

* 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.


Grenergy Renovables  (FRA:5GR) 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.


Grenergy Renovables 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Grenergy Renovables's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Grenergy Renovables Business Description

Traded in Other Exchanges
Address
Calle Rafael Boti, 26, Madrid, ESP, 28023
Grenergy Renovables SA is a Spanish Independent Power Producer (IPP) that designs, develops, and executes renewable energy plants on a large scale. Its services are divided into different activities including the promotion, commercialization, and construction of renewable energy installations, the production and commercialization of electric energy as well as any complementary activities, and the management and operation of renewable energy installations. It operates in segments that include: Development and Construction which also generates key revenue for the company; Energy; Commercialization, and Services. Geographically, the company generates revenue from Chile, Mexico, Peru, Argentina, Colombia, Spain and other regions.

Grenergy Renovables Headlines

No Headlines