Light (LGSXY) 5-Year ROIIC % : -40.02% (As of Dec. 2025)


LGSXY Light SA LGSXY
35 GF Score
Price $0.51
GF Value $0.81
Valuation Possible Value Trap
! 7 Warning Signs
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What is Light 5-Year ROIIC %?

Light LGSXY 35 5-Year ROIIC % is -40.02 as of Dec. 2025. GuruFocus rates LGSXY with a GF Score™ of 35/100 and a GF Value™ of $0.81 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 359 Utilities - Independent Power Producers companies, Light ranks worse than 90.81% 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. Light's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was -40.02%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Light's 5-Year ROIIC % or its related term are showing as below:

LGSXY's 5-Year ROIIC % is ranked worse than
90.81% of 359 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.24 vs LGSXY: -40.02

Light  (OTCPK:LGSXY) 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.


Light 5-Year ROIIC % Related Terms


Light 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Light'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.

Light 5-Year ROIIC % Chart

Light 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 0.00 -38.95 -0.26 -166.16 -40.02

Light 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 -40.02 0.00

Light 5-Year ROIIC % Competitor Comparison

For the Utilities - Renewable subindustry, Light'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.


Light 5-Year ROIIC % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Light's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Light's 5-Year ROIIC % falls into.


LGSXY
35GF Score
Light SA LGSXY
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Light 5-Year ROIIC % Calculation

Light'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**
=( 82.8459148 (Dec. 2025) - 239.684882 (Dec. 2020) )/( 4366.076 (Dec. 2025) - 4250.577 (Dec. 2020) )
=-156.8389672/115.499
=-135.79%***

* 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 -40.02 mean?
Light (LGSXY) has a 5-Year ROIIC % of -40.02 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 Light and its competitors. According to the industry distribution chart, Light ranks #326 out of 359 companies in the Utilities - Independent Power Producers industry, placing it in the top 90.8%.
Is Light's 5-Year ROIIC % too high?
Light's current 5-Year ROIIC % is -40.02. Based on the distribution chart, Light ranks #326 out of 359 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Light has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Light's 5-Year ROIIC % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Light ranks #326 out of 359 companies for 5-Year ROIIC %. This places Light in the lower half of its industry. The industry median 5-Year ROIIC % is 1.24. 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 - Independent Power Producers company?
The median 5-Year ROIIC % among Utilities - Independent Power Producers companies is 1.24, based on 359 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. 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 Light and its competitors. For the Utilities - Independent Power Producers industry, the median 5-Year ROIIC % is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Light's current 5-Year ROIIC % is -40.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Light stock overvalued right now?
Based on GuruFocus' analysis, Light (LGSXY) is currently considered Possible Value Trap. The stock's GF Value™ is $0.81, compared to a current price of $0.51 — trading 36.9% below its estimated fair value. The current 5-Year ROIIC % is -40.02. Light's overall GF Score™ is 35/100 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 Light (LGSXY), the current 5-Year ROIIC % is -40.02 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 Light (LGSXY) Overvalued in 2026?

Based on GuruFocus' analysis, Light stock appears to be undervalued. The current stock price of $0.51 is trading 36.9% below its estimated GF Value™ of $0.81. GuruFocus considers Light to be Possible Value Trap.

Key valuation signals for LGSXY:

  • 5-Year ROIIC %: -40.02
  • GF Value™: $0.81 vs. price of $0.51 (36.9% below fair value)
  • GF Score™: 35/100 with 7 warning signs

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


Light Business Description

Other Exchanges LIGT3:Brazil
Address Rua Marechal Floriano, No. 168, block 1-2nd floor, Rio de Janeiro, RJ, BRA, 20080-002
Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. The company generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives maximum of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. The company operates in three segments namely: Distribution, Generation and Trading, out of which maximum revenue is generated from Distribution segment.
35GF Score

Get the complete analysis for LGSXY

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

$0.51
Price
$0.81
GF Value