10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
The Goldfield's 10-Year ROIIC % for the quarter that ended in Dec. 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 The Goldfield's 10-Year ROIIC % or its related term are showing as below:
GV's 10-Year ROIIC % is not ranked *
in the Construction industry.
Industry Median: 3.39 * Ranked among companies with meaningful 10-Year ROIIC % only.
The Goldfield 10-Year ROIIC % Historical Data
The historical data trend for The Goldfield's 10-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.
Competitive Comparison of The Goldfield's 10-Year ROIIC %
For the Engineering & Construction subindustry, The Goldfield's 10-Year ROIIC %, along with its competitors' market caps and 10-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.
The Goldfield's 10-Year ROIIC % Distribution in the Construction Industry
For the Construction industry and Industrials sector, The Goldfield's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where The Goldfield's 10-Year ROIIC % falls into.
The Goldfield 10-Year ROIIC % Calculation
The Goldfield's 10-Year ROIIC % for the quarter that ended in Dec. 2019 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* 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 10-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.
The Goldfield (AMEX:GV) 10-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.
The Goldfield 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of The Goldfield's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
The Goldfield (The Goldfield) Business Description
The Goldfield Corp operates in the energy infrastructure industry. It is primarily engaged in the construction of electrical infrastructure for the utility industry and industrial customers. The company specializes in installing and maintaining electrical transmission lines for a wide range of electric utilities. It is also a real estate developer of residential properties on the east coast of Florida. The principal market for its electrical construction operation is primarily in the Southeast and mid-Atlantic regions of the United States and Texas. The company operates in the segments of Electrical construction and Real estate development, of which a majority of the revenue is derived from the Electrical construction segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GV has been successfully added to your 