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MAG Silver (MAG Silver) 3-Year ROIIC % : -1.13% (As of Dec. 2023)


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What is MAG Silver 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. MAG Silver's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -1.13%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

MAG's 3-Year ROIIC % is ranked better than
57.89% of 2147 companies
in the Metals & Mining industry
Industry Median: -5.04 vs MAG: -1.13

MAG Silver 3-Year ROIIC % Historical Data

The historical data trend for MAG Silver'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.

MAG Silver 3-Year ROIIC % Chart

MAG Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.62 -0.64 -2.14 -1.62 -1.13

MAG Silver 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 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 -1.62 - - - -1.13

Competitive Comparison of MAG Silver's 3-Year ROIIC %

For the Silver subindustry, MAG Silver'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.


MAG Silver's 3-Year ROIIC % Distribution in the Metals & Mining Industry

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

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



MAG Silver 3-Year ROIIC % Calculation

MAG Silver'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**
=( -12.7815112 (Dec. 2023) - -10.629717 (Dec. 2020) )/( 450.6 (Dec. 2023) - 228.266 (Dec. 2020) )
=-2.1517942/222.334
=-0.97%***

* 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 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.


MAG Silver  (AMEX:MAG) 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.


MAG Silver 3-Year ROIIC % Related Terms

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MAG Silver (MAG Silver) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 770, Vancouver, BC, CAN, V6C 2V6
MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, and the JV is constructing and developing the surface and underground infrastructure on the property to support a 4,000tpd mining operation. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in prloject in Utah.