Topaz EnergyTPZEF 86 3-Year ROIIC % is 5.68 as of Dec. 2025, which is 23% below its 10-year median of 7.35. GuruFocus rates TPZEF with a GF Score™ of 86/100 and a GF Value™ of $19.87 (Fairly Valued). The stock has 6 warning signs investors should review. Among 923 Oil & Gas companies, Topaz Energy ranks better than 62.84% 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.
Topaz Energy's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 5.68%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Topaz Energy's 3-Year ROIIC % or its related term are showing as below:
TPZEF's 3-Year ROIIC % is ranked better than 62.84% of 923
companies
in the Oil & Gas industry
Industry Median: 0.01
vs TPZEF: 5.68
Topaz Energy (OTCPK:TPZEF) 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.
Topaz Energy 3-Year ROIIC % Related Terms
Topaz Energy 3-Year ROIIC % Historical Data
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The historical data trend for Topaz Energy'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.
For the Oil & Gas Midstream subindustry, Topaz Energy'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.
Topaz Energy 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Topaz Energy's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Topaz Energy'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.
Topaz Energy (TPZEF) has a 3-Year ROIIC % of 5.68 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 Topaz Energy and its competitors. This is 23% below median its historical median of 7.35. Over the past decade, Topaz Energy's 3-Year ROIIC % has ranged from 4.93 to 14.80. According to the industry distribution chart, Topaz Energy ranks #343 out of 923 companies in the Oil & Gas industry, placing it in the top 37.2%.
Is Topaz Energy's 3-Year ROIIC % too high?
Topaz Energy's current 3-Year ROIIC % of 5.68 is 23% below median its 10-year median of 7.35. Over the past 10 years, this metric has ranged from a low of 4.93 to a high of 14.80. The Oil & Gas industry median 3-Year ROIIC % is 0.01. Topaz Energy's value of 5.68 is 56700% above this industry median. Based on the distribution chart, Topaz Energy ranks #343 out of 923 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Topaz Energy has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Topaz Energy's 3-Year ROIIC % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Topaz Energy ranks #343 out of 923 companies for 3-Year ROIIC %. This puts Topaz Energy in the upper half of its industry. The industry median 3-Year ROIIC % is 0.01. Topaz Energy's value of 5.68 is 56700% above this benchmark. Historically, Topaz Energy's own 3-Year ROIIC % has ranged from 4.93 to 14.80 over the past decade. While the company's 10-year median is 7.35 vs. the industry median of 0.01, Topaz Energy 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 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. Topaz Energy's current 3-Year ROIIC % of 5.68 is 56700% 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 Topaz Energy 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. Topaz Energy's current 3-Year ROIIC % is 5.68, which is 23% below median its own 10-year median of 7.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topaz Energy stock overvalued right now?
Based on GuruFocus' analysis, Topaz Energy (TPZEF) is currently considered Fairly Valued. The stock's GF Value™ is $19.87, compared to a current price of $21.35 — trading 7.4% above its estimated fair value. The current 3-Year ROIIC % is 5.68, which is 23% below median its 10-year median of 7.35 and 56700% above the Oil & Gas industry median of 0.01. Topaz Energy's overall GF Score™ is 86/100 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 Topaz Energy (TPZEF), the current 3-Year ROIIC % is 5.68 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 Topaz Energy (TPZEF) Overvalued in 2026?
Based on GuruFocus' analysis, Topaz Energy stock appears to be overvalued.
The current stock price of $21.35 is trading 7.4% above its estimated GF Value™ of $19.87.
GuruFocus considers Topaz Energy to be Fairly Valued.
Key valuation signals for TPZEF:
3-Year ROIIC %: 5.68 (23% below median its 10-year median of 7.35)
GF Value™: $19.87 vs. price of $21.35 (7.4% above fair value)
Industry Position: 56700% above the Oil & Gas median (#343 of 923)
No single metric tells the full story. See the TPZEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. The company generates revenue from the Royalty Assets, which generate the company's Royalty Production Revenue; and the Infrastructure Assets, which generate the company's Processing Revenue and Other Income. The majority of the company's revenue is earned through royalties.
86GF Score
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