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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.
Synthesis Energy Systems's 3-Year ROIIC % for the quarter that ended in Jun. 2019 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Synthesis Energy Systems's 3-Year ROIIC % or its related term are showing as below:
SYNE's 3-Year ROIIC % is not ranked *
in the Oil & Gas industry.
Industry Median: 0.01 * Ranked among companies with meaningful 3-Year ROIIC % only.
Synthesis Energy Systems (OTCPK:SYNE) 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.
Synthesis Energy Systems 3-Year ROIIC % Related Terms
Synthesis Energy Systems 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.
SYNE vs SMGI, ALYE, FLSS: 3-Year ROIIC % Comparison
For the Oil & Gas Equipment & Services subindustry, Synthesis Energy Systems'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.
Synthesis Energy Systems 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Synthesis Energy Systems's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Synthesis Energy Systems's 3-Year ROIIC % falls into.
Synthesis Energy Systems 3-Year ROIIC % Calculation
Synthesis Energy Systems's 3-Year ROIIC % for the quarter that ended in Jun. 2019 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -6.066 (Jun. 2019) - -11.323 (Jun. 2016) )
/
( 0.938 (Jun. 2019) - 51.131 (Jun. 2016) )
=
5.257
/
-50.193
=
-10.47%***
* 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.
Synthesis Energy Systems (SYNE) has a 3-Year ROIIC % of 0.00 as of Jun. 2019. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Synthesis Energy Systems and its competitors.
Is Synthesis Energy Systems' 3-Year ROIIC % too high?
Synthesis Energy Systems' current 3-Year ROIIC % is 0.00. Overall, Synthesis Energy Systems has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Synthesis Energy Systems' 3-Year ROIIC % compare to SMGI and ALYE?
Synthesis Energy Systems' 3-Year ROIIC % of 0.00 can be compared against companies in the Oil & Gas industry. The industry median 3-Year ROIIC % is 0.01. 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?
The median 3-Year ROIIC % among Oil & Gas companies is 0.01, based on 923 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 Synthesis Energy Systems and its competitors. For the Oil & Gas industry, the median 3-Year ROIIC % is 0.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synthesis Energy Systems'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 Synthesis Energy Systems stock overvalued right now?
Synthesis Energy Systems (SYNE) has a current 3-Year ROIIC % of 0.00. The current 3-Year ROIIC % is 0.00. Synthesis Energy Systems' 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 Synthesis Energy Systems (SYNE), the current 3-Year ROIIC % is 0.00 as of Jun. 2019. 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.
Synthesis Energy Systems Inc is a US-based clean energy company that develops, builds and owns clean energy projects. The company provides proprietary gasification technology systems and solutions to the energy and chemical industries. Its gasification technology is a flexible, efficient and economic technology used for the production of synthesis gas or syngas which is a mixture of hydrogen, carbon monoxide and methane. Business activities of the company include supplying its proprietary gasification technology, equipment, and services into projects where these lower cost feedstocks can be profitably converted into clean syngas, which can then be used to produce a variety of high-value energy and chemical products.
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