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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.
Ghana Oil Co's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was 3.38%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Ghana Oil Co's 5-Year ROIIC % or its related term are showing as below:
XGHA:GOIL's 5-Year ROIIC % is ranked worse than 53.63% of 867
companies
in the Oil & Gas industry
Industry Median: 5.11
vs XGHA:GOIL: 3.38
Ghana Oil Co (XGHA:GOIL) 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.
Ghana Oil Co 5-Year ROIIC % Related Terms
Ghana Oil Co 5-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Ghana Oil Co'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.
XGHA:GOIL vs VLO, MPC, PSX: 5-Year ROIIC % Comparison
For the Oil & Gas Refining & Marketing subindustry, Ghana Oil Co'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.
Ghana Oil Co 5-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ghana Oil Co's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Ghana Oil Co's 5-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 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.
Ghana Oil Co (XGHA:GOIL) has a 5-Year ROIIC % of 3.38 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 Ghana Oil Co and its competitors. According to the industry distribution chart, Ghana Oil Co ranks #465 out of 867 companies in the Oil & Gas industry, placing it in the top 53.6%.
Is Ghana Oil Co's 5-Year ROIIC % too high?
Ghana Oil Co's current 5-Year ROIIC % is 3.38. The Oil & Gas industry median 5-Year ROIIC % is 5.11. Ghana Oil Co's value of 3.38 is 33.9% below this industry median. Based on the distribution chart, Ghana Oil Co ranks #465 out of 867 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ghana Oil Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghana Oil Co's 5-Year ROIIC % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Ghana Oil Co ranks #465 out of 867 companies for 5-Year ROIIC %. This places Ghana Oil Co in the lower half of its industry. The industry median 5-Year ROIIC % is 5.11. Ghana Oil Co's value of 3.38 is 33.9% below 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 Oil & Gas company?
The median 5-Year ROIIC % among Oil & Gas companies is 5.11, based on 867 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. Ghana Oil Co's current 5-Year ROIIC % of 3.38 is 33.9% below 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 Ghana Oil Co and its competitors. For the Oil & Gas industry, the median 5-Year ROIIC % is 5.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghana Oil Co's current 5-Year ROIIC % is 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghana Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Ghana Oil Co (XGHA:GOIL) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS1.54, compared to a current price of GHS7.96 — trading 416.9% above its estimated fair value. The current 5-Year ROIIC % is 3.38 and 33.9% below the Oil & Gas industry median of 5.11. Ghana Oil Co's overall GF Score™ is 71/100 with 10 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 Ghana Oil Co (XGHA:GOIL), the current 5-Year ROIIC % is 3.38 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 Ghana Oil Co (XGHA:GOIL) Overvalued in 2026?
Based on GuruFocus' analysis, Ghana Oil Co stock appears to be overvalued.
The current stock price of GHS7.96 is trading 416.9% above its estimated GF Value™ of GHS1.54.
GuruFocus considers Ghana Oil Co to be Significantly Overvalued.
Key valuation signals for XGHA:GOIL:
5-Year ROIIC %: 3.38
GF Value™: GHS1.54 vs. price of GHS7.96 (416.9% above fair value)
Industry Position: 33.9% below the Oil & Gas median (#465 of 867)
No single metric tells the full story. See the XGHA:GOIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ghana Oil Co Ltd (GOIL) is engaged in the marketing and distribution of petroleum products. Its objective is to market petroleum and related products, particularly fuels, liquefied petroleum gas (LPG), lubricants, bitumen, and specialty products in Ghana. The company is engaged in the business of marketing quality petroleum and other energy products and services in all its branches in a healthy, safe, environmentally friendly, and socially responsible manner.
71GF Score
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