CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) 5-Year ROIIC % : 22.69% (As of Dec. 2025)


BSP:CGAS3 CIA de Gas de Sao Paulo - COMGAS BSP:CGAS3
63 GF Score
Price R$125.10
GF Value R$82.77
Valuation Significantly Overvalued
! 7 Warning Signs
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What is CIA de Gas deo Paulo - COMGAS 5-Year ROIIC %?

CIA de Gas deo Paulo - COMGAS BSP:CGAS3 63 5-Year ROIIC % is 22.69 as of Dec. 2025. GuruFocus rates BSP:CGAS3 with a GF Score™ of 63/100 and a GF Value™ of R$82.77 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 469 Utilities - Regulated companies, CIA de Gas deo Paulo - COMGAS ranks better than 89.77% on this metric.

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. CIA de Gas deo Paulo - COMGAS's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was 22.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for CIA de Gas deo Paulo - COMGAS's 5-Year ROIIC % or its related term are showing as below:

BSP:CGAS3's 5-Year ROIIC % is ranked better than
89.77% of 469 companies
in the Utilities - Regulated industry
Industry Median: 4.05 vs BSP:CGAS3: 22.69

CIA de Gas deo Paulo - COMGAS  (BSP:CGAS3) 5-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.


CIA de Gas deo Paulo - COMGAS 5-Year ROIIC % Related Terms


CIA de Gas deo Paulo - COMGAS 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for CIA de Gas deo Paulo - COMGAS's 5-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.

CIA de Gas deo Paulo - COMGAS 5-Year ROIIC % Chart

CIA de Gas deo Paulo - COMGAS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.74 54.66 13.50 11.52 22.69

CIA de Gas deo Paulo - COMGAS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
5-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 22.69 0.00

BSP:CGAS3 vs ATO, NI, UGI: 5-Year ROIIC % Comparison

For the Utilities - Regulated Gas subindustry, CIA de Gas deo Paulo - COMGAS's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


CIA de Gas deo Paulo - COMGAS 5-Year ROIIC % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIA de Gas deo Paulo - COMGAS's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where CIA de Gas deo Paulo - COMGAS's 5-Year ROIIC % falls into.


BSP:CGAS3
63GF Score
CIA de Gas de Sao Paulo - COMGAS BSP:CGAS3
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CIA de Gas deo Paulo - COMGAS 5-Year ROIIC % Calculation

CIA de Gas deo Paulo - COMGAS's 5-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 2234.12263 (Dec. 2025) - 1321.627563 (Dec. 2020) )/( 12389.876 (Dec. 2025) - 8368.221 (Dec. 2020) )
=912.495067/4021.655
=22.69%***

* 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 5-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.

Frequently Asked Questions Learn more about 5-Year ROIIC % →
What does a 5-Year ROIIC % of 22.69 mean?
CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) has a 5-Year ROIIC % of 22.69 as of Dec. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on CIA de Gas deo Paulo - COMGAS and its competitors. According to the industry distribution chart, CIA de Gas deo Paulo - COMGAS ranks #48 out of 469 companies in the Utilities - Regulated industry, placing it in the top 10.2%.
Is CIA de Gas deo Paulo - COMGAS's 5-Year ROIIC % too high?
CIA de Gas deo Paulo - COMGAS's current 5-Year ROIIC % is 22.69. The Utilities - Regulated industry median 5-Year ROIIC % is 4.05. CIA de Gas deo Paulo - COMGAS's value of 22.69 is 460.2% above this industry median. Based on the distribution chart, CIA de Gas deo Paulo - COMGAS ranks #48 out of 469 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, CIA de Gas deo Paulo - COMGAS has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CIA de Gas deo Paulo - COMGAS's 5-Year ROIIC % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, CIA de Gas deo Paulo - COMGAS ranks #48 out of 469 companies for 5-Year ROIIC %. This places CIA de Gas deo Paulo - COMGAS in the top 10% of its industry — outperforming the majority of peers. The industry median 5-Year ROIIC % is 4.05. CIA de Gas deo Paulo - COMGAS's value of 22.69 is 460.2% 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 5-Year ROIIC % for an Utilities - Regulated company?
The median 5-Year ROIIC % among Utilities - Regulated companies is 4.05, based on 469 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CIA de Gas deo Paulo - COMGAS's current 5-Year ROIIC % of 22.69 is 460.2% 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on CIA de Gas deo Paulo - COMGAS and its competitors. For the Utilities - Regulated industry, the median 5-Year ROIIC % is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIA de Gas deo Paulo - COMGAS's current 5-Year ROIIC % is 22.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA de Gas deo Paulo - COMGAS stock overvalued right now?
Based on GuruFocus' analysis, CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$82.77, compared to a current price of R$125.10 — trading 51.1% above its estimated fair value. The current 5-Year ROIIC % is 22.69 and 460.2% above the Utilities - Regulated industry median of 4.05. CIA de Gas deo Paulo - COMGAS's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For CIA de Gas deo Paulo - COMGAS (BSP:CGAS3), the current 5-Year ROIIC % is 22.69 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 CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) Overvalued in 2026?

Based on GuruFocus' analysis, CIA de Gas deo Paulo - COMGAS stock appears to be overvalued. The current stock price of R$125.10 is trading 51.1% above its estimated GF Value™ of R$82.77. GuruFocus considers CIA de Gas deo Paulo - COMGAS to be Significantly Overvalued.

Key valuation signals for BSP:CGAS3:

  • 5-Year ROIIC %: 22.69
  • GF Value™: R$82.77 vs. price of R$125.10 (51.1% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 460.2% above the Utilities - Regulated median (#48 of 469)

No single metric tells the full story. See the BSP:CGAS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CIA de Gas deo Paulo - COMGAS Business Description

Other Exchanges CGAS5:Brazil
Address Brigadeiro Faria Lima Avenue, 4,100, 4th floor, Itaim Bibi, SP, BRA, 04538-132
CIA de Gas de Sao Paulo - COMGAS distributes piped natural gas in part of the State of Sao Paulo for consumers in the industrial, residential, commercial, automotive, thermal generation and cogeneration sectors.
63GF Score

Get the complete analysis for BSP:CGAS3

5-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$125.10
Price
R$82.77
GF Value