ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Jiangxi Copper Co's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 10.04%.
As of today (2026-07-04), Jiangxi Copper Co's WACC % is 9.18%. Jiangxi Copper Co's ROIC % is 8.28% (calculated using TTM income statement data).
Jiangxi Copper Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Jiangxi Copper Co (OTCPK:JIAXF) 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, Jiangxi Copper Co's WACC % is 9.18%. Jiangxi Copper Co's ROIC % is 8.28% (calculated using TTM income statement data).
Jiangxi Copper Co 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.
Jiangxi Copper Co ROIC % Related Terms
Jiangxi Copper Co ROIC % Historical Data
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The historical data trend for Jiangxi Copper Co'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 Copper subindustry, Jiangxi Copper Co'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.
Jiangxi Copper Co ROIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Jiangxi Copper Co's ROIC % distribution charts can be found below:
* The bar in red indicates where Jiangxi Copper Co'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.
Jiangxi Copper Co (JIAXF) has a ROIC % of 10.04% 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 Jiangxi Copper Co and its competitors.
Is Jiangxi Copper Co's ROIC % too high?
Jiangxi Copper Co's current ROIC % is 10.04%. Overall, Jiangxi Copper Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Copper Co's ROIC % compare to SCCO and FCX?
Jiangxi Copper Co's ROIC % of 10.04% 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 Jiangxi Copper Co and its competitors. Jiangxi Copper Co's current ROIC % is 10.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Copper Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Copper Co (JIAXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.22, compared to a current price of $3.68 — trading 65.8% above its estimated fair value. The current ROIC % is 10.04%. Jiangxi Copper Co's overall GF Score™ is 69/100 with 1 warning sign 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 Jiangxi Copper Co (JIAXF), the current ROIC % is 10.04% 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 Jiangxi Copper Co (JIAXF) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangxi Copper Co stock appears to be overvalued.
The current stock price of $3.68 is trading 65.8% above its estimated GF Value™ of $2.22.
GuruFocus considers Jiangxi Copper Co to be Significantly Overvalued.
Key valuation signals for JIAXF:
ROIC %: 10.04%
GF Value™: $2.22 vs. price of $3.68 (65.8% above fair value)
No single metric tells the full story. See the JIAXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangxi Copper Co Ltd engages in copper and gold mining, dressing, smelting and processing; extraction and processing of rare and scattered metals; sectors such as sulphuric chemistry and trading. Its products include such as cathode copper, gold, silver, lead-zinc, and sulfuric acid; rare and precious metal products such as molybdenum, selenium, tellurium, rhenium, platinum, palladium, and bismuth; as well as copper processing products, new material products, and industrial manufacturing products. It has two operating segments: the production and sale of copper and other related products and services, and the production and sale of gold and other related products and services. The majority of the company's revenue is derived from the Copper related business.
69GF Score
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