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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.
Shikoku Electric Power Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 53.68%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Shikoku Electric Power Co's 3-Year ROIIC % or its related term are showing as below:
SHEKF's 3-Year ROIIC % is ranked better than 92.87% of 477
companies
in the Utilities - Regulated industry
Industry Median: 3.88
vs SHEKF: 53.68
Shikoku Electric Power Co (OTCPK:SHEKF) 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.
Shikoku Electric Power Co 3-Year ROIIC % Related Terms
Shikoku 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.
For the Utilities - Regulated Electric subindustry, Shikoku 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.
Shikoku Electric Power Co 3-Year ROIIC % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Shikoku Electric Power Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Shikoku Electric Power Co's 3-Year ROIIC % falls into.
Shikoku Electric Power Co 3-Year ROIIC % Calculation
Shikoku Electric Power Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 321.190584 (Mar. 2026) - -91.917 (Mar. 2023) )
/
( 10020.5 (Mar. 2026) - 11014.549 (Mar. 2023) )
=
413.107584
/
-994.049
=
-41.56%***
* 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.
Shikoku Electric Power Co (SHEKF) has a 3-Year ROIIC % of 53.68 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 Shikoku Electric Power Co and its competitors. According to the industry distribution chart, Shikoku Electric Power Co ranks #34 out of 477 companies in the Utilities - Regulated industry, placing it in the top 7.1%.
Is Shikoku Electric Power Co's 3-Year ROIIC % too high?
Shikoku Electric Power Co's current 3-Year ROIIC % is 53.68. The Utilities - Regulated industry median 3-Year ROIIC % is 3.88. Shikoku Electric Power Co's value of 53.68 is 1283.5% above this industry median. Based on the distribution chart, Shikoku Electric Power Co ranks #34 out of 477 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Shikoku Electric Power Co has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Shikoku Electric Power Co's 3-Year ROIIC % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Shikoku Electric Power Co ranks #34 out of 477 companies for 3-Year ROIIC %. This places Shikoku Electric Power Co in the top 7% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.88. Shikoku Electric Power Co's value of 53.68 is 1283.5% above this benchmark. 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 - Regulated company?
The median 3-Year ROIIC % among Utilities - Regulated companies is 3.88, based on 477 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. Shikoku Electric Power Co's current 3-Year ROIIC % of 53.68 is 1283.5% 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 Shikoku Electric Power Co and its competitors. For the Utilities - Regulated industry, the median 3-Year ROIIC % is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shikoku Electric Power Co's current 3-Year ROIIC % is 53.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shikoku Electric Power Co stock overvalued right now?
Shikoku Electric Power Co (SHEKF) has a current 3-Year ROIIC % of 53.68. The stock's GF Value™ is $7.71, compared to a current price of $9.72 — trading 26.1% above its estimated fair value. The current 3-Year ROIIC % is 53.68 and 1283.5% above the Utilities - Regulated industry median of 3.88. Shikoku Electric Power Co's overall GF Score™ is 58/100 with 5 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 Shikoku Electric Power Co (SHEKF), the current 3-Year ROIIC % is 53.68 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 Shikoku Electric Power Co (SHEKF) Overvalued in 2026?
Based on GuruFocus' analysis, Shikoku Electric Power Co stock appears to be overvalued.
The current stock price of $9.72 is trading 26.1% above its estimated GF Value™ of $7.71.
Key valuation signals for SHEKF:
3-Year ROIIC %: 53.68
GF Value™: $7.71 vs. price of $9.72 (26.1% above fair value)
Industry Position: 1283.5% above the Utilities - Regulated median (#34 of 477)
No single metric tells the full story. See the SHEKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shikoku Electric Power Co Inc is an electric utility company that supplies electric power to customers in Japan's Shikoku region. The company's principal activity is generating, transmitting, and distributing electricity. It produces energy through its portfolio of coal, nuclear, oil, hydroelectric, and natural gas power plants. Thermal and nuclear assets represent the majority of its electric power generation capacity. The company operates in four segments: Electricity business, Information and communications business, International business, and Other business. The vast majority of the company's revenue is derived by selling electricity produced by coal-fueled facilities and transmitted to industrial and commercial customers.
58GF Score
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