First Graphene (ASX:FGR) 10-Year ROIIC % : -29.57% (As of Jun. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is First Graphene 10-Year ROIIC %?

First Graphene ASX:FGR 10-Year ROIIC % is -29.57 as of Jun. 2025. The stock has 4 warning signs investors should review. Among 1,378 Chemicals companies, First Graphene ranks worse than 92.09% on this metric.

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. First Graphene's 10-Year ROIIC % for the quarter that ended in Jun. 2025 was -29.57%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for First Graphene's 10-Year ROIIC % or its related term are showing as below:

ASX:FGR's 10-Year ROIIC % is ranked worse than
92.09% of 1378 companies
in the Chemicals industry
Industry Median: 4.4 vs ASX:FGR: -29.57

First Graphene  (ASX:FGR) 10-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.


First Graphene 10-Year ROIIC % Related Terms


First Graphene 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for First Graphene's 10-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.

First Graphene 10-Year ROIIC % Chart

First Graphene Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -1.60 -60.86 -29.57

First Graphene Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
10-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 0.00 -60.86 0.00 -29.57 0.00

ASX:FGR vs DOW: 10-Year ROIIC % Comparison

For the Chemicals subindustry, First Graphene's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


First Graphene 10-Year ROIIC % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, First Graphene's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where First Graphene's 10-Year ROIIC % falls into.



First Graphene 10-Year ROIIC % Calculation

First Graphene's 10-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( -5.222 (Jun. 2025) - -3.601 (Jun. 2015) )/( 7.479 (Jun. 2025) - 1.998 (Jun. 2015) )
=-1.621/5.481
=-29.57%***

* 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 10-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.

Frequently Asked Questions Learn more about 10-Year ROIIC % →
What does a 10-Year ROIIC % of -29.57 mean?
First Graphene (ASX:FGR) has a 10-Year ROIIC % of -29.57 as of Jun. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on First Graphene and its competitors. According to the industry distribution chart, First Graphene ranks #1269 out of 1378 companies in the Chemicals industry, placing it in the top 92.1%.
Is First Graphene's 10-Year ROIIC % too high?
First Graphene's current 10-Year ROIIC % is -29.57. Based on the distribution chart, First Graphene ranks #1269 out of 1378 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does First Graphene's 10-Year ROIIC % compare to DOW?
According to the Chemicals industry distribution chart, First Graphene ranks #1269 out of 1378 companies for 10-Year ROIIC %. This places First Graphene in the lower half of its industry. The industry median 10-Year ROIIC % is 4.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Chemicals company?
The median 10-Year ROIIC % among Chemicals companies is 4.40, based on 1,378 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on First Graphene and its competitors. For the Chemicals industry, the median 10-Year ROIIC % is 4.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Graphene's current 10-Year ROIIC % is -29.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Graphene stock overvalued right now?
Based on GuruFocus' analysis, First Graphene (ASX:FGR) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.07 — trading 80% above its estimated fair value. The current 10-Year ROIIC % is -29.57. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For First Graphene (ASX:FGR), the current 10-Year ROIIC % is -29.57 as of Jun. 2025. 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.

First Graphene Business Description

Other Exchanges FGPHF:USAM11:Germany
Address 1 Sepia Close, Henderson, WA, AUS, 6166
First Graphene Ltd is an advanced materials company. It is the producer of graphene which is exfoliated from high-grade, crystalline Sri Lankan graphite. The company's graphene products are used in Fire retardant coatings, Concrete strengthening, Battery electrode materials, Conductive inks and sensors, Rubber and composite strengthening and Moisture barrier in thermoset composites. Its operating segments includes Graphene production; Research and development; Corporate services and Mining Asset Maintenance. The company generates maximum revenue from the Graphene production segment.