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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.
High Arctic Energy Services's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -18.91%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for High Arctic Energy Services's 3-Year ROIIC % or its related term are showing as below:
HGHAF's 3-Year ROIIC % is ranked worse than 71.32% of 924
companies
in the Oil & Gas industry
Industry Median: -0.005
vs HGHAF: -18.91
High Arctic Energy Services (OTCPK:HGHAF) 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.
High Arctic Energy Services 3-Year ROIIC % Related Terms
High Arctic 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.
For the Oil & Gas Equipment & Services subindustry, High Arctic 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.
High Arctic Energy Services 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, High Arctic Energy Services's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where High Arctic Energy Services's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -0.499 (Dec. 2025) - -11.949 (Dec. 2022) )
/
( 16.701 (Dec. 2025) - 77.481 (Dec. 2022) )
=
11.45
/
-60.78
=
-18.84%***
* 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.
High Arctic Energy Services (HGHAF) has a 3-Year ROIIC % of -18.91 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on High Arctic Energy Services and its competitors. According to the industry distribution chart, High Arctic Energy Services ranks #659 out of 924 companies in the Oil & Gas industry, placing it in the top 71.3%.
Is High Arctic Energy Services' 3-Year ROIIC % too high?
High Arctic Energy Services' current 3-Year ROIIC % is -18.91. Based on the distribution chart, High Arctic Energy Services ranks #659 out of 924 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, High Arctic Energy Services has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Arctic Energy Services' 3-Year ROIIC % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, High Arctic Energy Services ranks #659 out of 924 companies for 3-Year ROIIC %. This places High Arctic Energy Services 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 High Arctic Energy Services and its competitors. High Arctic Energy Services's current 3-Year ROIIC % is -18.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Arctic Energy Services stock overvalued right now?
Based on GuruFocus' analysis, High Arctic Energy Services (HGHAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.85, compared to a current price of $0.64 — trading 24.7% below its estimated fair value. The current 3-Year ROIIC % is -18.91. High Arctic Energy Services' overall GF Score™ is 34/100 with 3 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 High Arctic Energy Services (HGHAF), the current 3-Year ROIIC % is -18.91 as of Dec. 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 High Arctic Energy Services (HGHAF) Overvalued in 2026?
Based on GuruFocus' analysis, High Arctic Energy Services stock appears to be undervalued.
The current stock price of $0.64 is trading 24.7% below its estimated GF Value™ of $0.85.
GuruFocus considers High Arctic Energy Services to be Modestly Undervalued.
Key valuation signals for HGHAF:
3-Year ROIIC %: -18.91
GF Value™: $0.85 vs. price of $0.64 (24.7% below fair value)
No single metric tells the full story. See the HGHAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are the Drilling Services segment, which consists of drilling services; the Production Services segment, which consists of well servicing and snubbing services and the Rental Services segment consists of High Arctic's oilfield rental equipment of pressure control and other oilfield equipment to exploration and production companies in Canada. The Rental Services segment generates the majority company's revenue.
34GF Score
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