ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Aris Mining's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 20.29%.
As of today (2026-06-26), Aris Mining's WACC % is 13.48%. Aris Mining's ROIC % is 15.62% (calculated using TTM income statement data).
Aris Mining generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Aris Mining (NYSE:ARIS) ROIC % Explanation
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROIC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Aris Mining's WACC % is 13.48%. Aris Mining's ROIC % is 15.62% (calculated using TTM income statement data).
Aris Mining generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Be Aware
Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Aris Mining ROIC % Related Terms
Aris Mining ROIC % Historical Data
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The historical data trend for Aris Mining's ROIC % 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.
For the Gold subindustry, Aris Mining's ROIC %, along with its competitors' market caps and ROIC % 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.
Aris Mining ROIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Aris Mining's ROIC % distribution charts can be found below:
* The bar in red indicates where Aris Mining's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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.
Aris Mining (ARIS) has a ROIC % of 20.29% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Aris Mining and its competitors.
Is Aris Mining's ROIC % too high?
Aris Mining's current ROIC % is 20.29%. Overall, Aris Mining has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aris Mining's ROIC % compare to NEM and AU?
Aris Mining's ROIC % of 20.29% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Metals & Mining company?
A good ROIC % depends on the Metals & Mining industry context. However, ROIC % 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Aris Mining and its competitors. Aris Mining's current ROIC % is 20.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aris Mining stock overvalued right now?
Based on GuruFocus' analysis, Aris Mining (ARIS) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.02, compared to a current price of $15.31 — trading 90.8% above its estimated fair value. The current ROIC % is 20.29%. Aris Mining's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Aris Mining (ARIS), the current ROIC % is 20.29% as of Mar. 2026. 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 Aris Mining (ARIS) Overvalued in 2026?
Based on GuruFocus' analysis, Aris Mining stock appears to be overvalued.
The current stock price of $15.31 is trading 90.8% above its estimated GF Value™ of $8.02.
GuruFocus considers Aris Mining to be Significantly Overvalued.
Key valuation signals for ARIS:
ROIC %: 20.29%
GF Value™: $8.02 vs. price of $15.31 (90.8% above fair value)
No single metric tells the full story. See the ARIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aris Mining Corp is a Canadian gold mining company focused on South America. It is mainly engaged in the acquisition, exploration, development, and operation of gold properties in Colombia and Guyana. Aris Mining operates the Segovia and Marmato Mines and the Soto Norte Project in Colombia. Additionally, it owns the Toroparu Project in Guyana. The company considers its Segovia and Marmato Mines in Colombia, its Toroparu Project in Guyana, its Soto Norte Project in Colombia, and its corporate functions in Canada and other corporate entities as its reportable segments. The majority of its revenue is generated from operations at the Segovia mines in Colombia.
63GF Score
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