ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Exter Gold's annualized return on invested capital (ROIC %) for the quarter that ended in Jan. 2026 was -51.71%.
As of today (2026-07-06), Exter Gold's WACC % is 6.83%. Exter Gold's ROIC % is -84.25% (calculated using TTM income statement data).
Exter Gold earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Exter Gold (FRA:1Q1) 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, Exter Gold's WACC % is 6.83%. Exter Gold's ROIC % is -84.25% (calculated using TTM income statement data).
Exter Gold earns returns that do not match up to its cost of capital. It will destroy value as it grows.
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.
Exter Gold ROIC % Related Terms
Exter Gold ROIC % Historical Data
* Premium members only.
The historical data trend for Exter Gold'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 Oil & Gas E&P subindustry, Exter Gold'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.
Exter Gold ROIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Exter Gold's ROIC % distribution charts can be found below:
* The bar in red indicates where Exter Gold's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Jan. 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.
Exter Gold (FRA:1Q1) has a ROIC % of -51.71% as of Jan. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Exter Gold and its competitors.
Is Exter Gold's ROIC % too high?
Exter Gold's current ROIC % is -51.71%. Overall, Exter Gold has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Exter Gold's ROIC % compare to COP and EOG?
Exter Gold's ROIC % of -51.71% can be compared against companies in the Oil & Gas industry. The industry median ROIC % is 3.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for an Oil & Gas company?
The median ROIC % among Oil & Gas companies is 3.70, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. 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 Exter Gold and its competitors. For the Oil & Gas industry, the median ROIC % is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exter Gold's current ROIC % is -51.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exter Gold stock overvalued right now?
Exter Gold (FRA:1Q1) has a current ROIC % of -51.71%. The current ROIC % is -51.71%. Exter Gold's overall GF Score™ is 34/100 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 Exter Gold (FRA:1Q1), the current ROIC % is -51.71% as of Jan. 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.
Exter Gold Corp, formerly known as Bird River Resources Inc, is engaged in the acquisition and exploration of resource properties with a primary focus on petroleum and natural gas properties.
34GF Score
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