Hudbay Minerals (Hudbay Minerals) 3-Year ROIIC % : 17.16% (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Hudbay Minerals 3-Year ROIIC %?

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. Hudbay Minerals's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 17.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Hudbay Minerals's 3-Year ROIIC % or its related term are showing as below:

HBM's 3-Year ROIIC % is ranked better than
77.92% of 2147 companies
in the Metals & Mining industry
Industry Median: -5.04 vs HBM: 17.16

Hudbay Minerals 3-Year ROIIC % Historical Data

The historical data trend for Hudbay Minerals'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.

* Premium members only.

Hudbay Minerals 3-Year ROIIC % Chart

Hudbay Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

3-Year ROIIC %

Get a 7-Day Free Trial

-369.17

228.81

563.60

107.17

17.16

Hudbay Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
3-Year ROIIC %	Get a 7-Day Free Trial															107.17	-	-	-	17.16

Competitive Comparison of Hudbay Minerals's 3-Year ROIIC %

For the Copper subindustry, Hudbay Minerals'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.

Hudbay Minerals's 3-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hudbay Minerals's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Hudbay Minerals's 3-Year ROIIC % falls into.

Hudbay Minerals 3-Year ROIIC % Calculation

Hudbay Minerals's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %	=	3-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	3-Year Incremental Invested Capital^**
	=	( 138.280276 (Dec. 2023) - -25.3605222 (Dec. 2020) )	/	( 4884.131 (Dec. 2023) - 4123.909 (Dec. 2020) )
	=	163.6407982	/	760.222
	=	21.53%^***

** 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.

Hudbay Minerals (NYSE:HBM) 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.

Hudbay Minerals 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Hudbay Minerals's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.

Hudbay Minerals (Hudbay Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hudbay Minerals Inc (NYSE:HBM) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

HBM:Peru OCKA:Germany OCKA:Germany HBM:Canada

Address

25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5

Website

http://www.hudbayminerals.com

Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.