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Hokkaido Electric Power CoFRA:5IE -0.93%68 3-Year ROIIC % is 22.46 as of Mar. 2026, which is 4% below its 10-year median of 23.44. GuruFocus rates FRA:5IE with a GF Score™ of 68/100 and a GF Value™ of €4.08. The stock has 6 warning signs investors should review. Among 397 Utilities - Independent Power Producers companies, Hokkaido Electric Power Co ranks better than 83.38% 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.
Hokkaido Electric Power Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 22.46%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hokkaido Electric Power Co's 3-Year ROIIC % or its related term are showing as below:
Hokkaido Electric Power Co (FRA:5IE) 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.
Hokkaido Electric Power Co 3-Year ROIIC % Related Terms
Hokkaido Electric Power Co 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.
Hokkaido Electric Power Co 3-Year ROIIC % Competitor Comparison
For the Utilities - Renewable subindustry, Hokkaido Electric Power Co'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.
Hokkaido Electric Power Co 3-Year ROIIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Hokkaido Electric Power Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hokkaido Electric Power Co'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.
Hokkaido Electric Power Co (FRA:5IE) has a 3-Year ROIIC % of 22.46 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Hokkaido Electric Power Co and its competitors. This is near median its historical median of 23.44. According to the industry distribution chart, Hokkaido Electric Power Co ranks #66 out of 397 companies in the Utilities - Independent Power Producers industry, placing it in the top 16.6%.
Is Hokkaido Electric Power Co's 3-Year ROIIC % too high?
Hokkaido Electric Power Co's current 3-Year ROIIC % of 22.46 is near median its 10-year median of 23.44. The Utilities - Independent Power Producers industry median 3-Year ROIIC % is 1.15. Hokkaido Electric Power Co's value of 22.46 is 1853% above this industry median. Based on the distribution chart, Hokkaido Electric Power Co ranks #66 out of 397 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Hokkaido Electric Power Co has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Hokkaido Electric Power Co's 3-Year ROIIC % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Hokkaido Electric Power Co ranks #66 out of 397 companies for 3-Year ROIIC %. This places Hokkaido Electric Power Co in the top 17% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.15. Hokkaido Electric Power Co's value of 22.46 is 1853% above this benchmark. While the company's 10-year median is 23.44 vs. the industry median of 1.15, Hokkaido Electric Power Co 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 - Independent Power Producers company?
The median 3-Year ROIIC % among Utilities - Independent Power Producers companies is 1.15, based on 397 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. Hokkaido Electric Power Co's current 3-Year ROIIC % of 22.46 is 1853% 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 Hokkaido Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokkaido Electric Power Co's current 3-Year ROIIC % is 22.46, which is near median its own 10-year median of 23.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkaido Electric Power Co stock overvalued right now?
Hokkaido Electric Power Co (FRA:5IE) has a current 3-Year ROIIC % of 22.46. The stock's GF Value™ is €4.08, compared to a current price of €5.30 — trading 29.9% above its estimated fair value. The current 3-Year ROIIC % is 22.46, which is near median its 10-year median of 23.44 and 1853% above the Utilities - Independent Power Producers industry median of 1.15. Hokkaido Electric Power Co's overall GF Score™ is 68/100 with 6 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 Hokkaido Electric Power Co (FRA:5IE), the current 3-Year ROIIC % is 22.46 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 Hokkaido Electric Power Co (FRA:5IE) Overvalued in 2026?
Based on GuruFocus' analysis, Hokkaido Electric Power Co stock appears to be overvalued.
The current stock price of €5.30 is trading 29.9% above its estimated GF Value™ of €4.08.
Key valuation signals for FRA:5IE:
3-Year ROIIC %: 22.46 (near median its 10-year median of 23.44)
GF Value™: €4.08 vs. price of €5.30 (29.9% above fair value)
Industry Position: 1853% above the Utilities - Independent Power Producers median (#66 of 397)
No single metric tells the full story. See the FRA:5IE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokkaido Electric Power Co Inc is a Japanese electric utility that serves the northernmost island of Hokkaido. HEPCO is involved in the generation, transmission, and distribution of electric energy on the island. The company utilizes a portfolio of hydroelectric, steam, gas, internal combustion, nuclear, geothermal, and solar power plants to do this. While majority of HEPCO's sites are hydroelectric, the company's fossil fuel facilities represent the vast majority of its total energy production and production capacity. Hokkaido Electric Power's electric utility business is responsible for nearly all of its revenue with sales split mainly between residential and commercial/industrial customer groups. Electrical output, however, is transmitted to residential customers.
68GF Score
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