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.
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.
NeometalsASX:NMT -5.26% 10-Year ROIIC % is 53.34 as of Jun. 2025. The stock has 2 warning signs investors should review. Among 190 Waste Management companies, Neometals ranks better than 94.21% 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.
Neometals's 10-Year ROIIC % for the quarter that ended in Jun. 2025 was 53.34%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Neometals's 10-Year ROIIC % or its related term are showing as below:
ASX:NMT's 10-Year ROIIC % is ranked better than 94.21% of 190
companies
in the Waste Management industry
Industry Median: 3.54
vs ASX:NMT: 53.34
Neometals (ASX:NMT) 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.
Neometals 10-Year ROIIC % Related Terms
Neometals 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Neometals'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.
ASX:NMT vs WM, RSG, WCN: 10-Year ROIIC % Comparison
For the Waste Management subindustry, Neometals'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.
Neometals 10-Year ROIIC % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Neometals's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Neometals's 10-Year ROIIC % falls into.
* 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.
Neometals (ASX:NMT) has a 10-Year ROIIC % of 53.34 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 Neometals and its competitors. According to the industry distribution chart, Neometals ranks #11 out of 190 companies in the Waste Management industry, placing it in the top 5.8%.
Is Neometals' 10-Year ROIIC % too high?
Neometals' current 10-Year ROIIC % is 53.34. The Waste Management industry median 10-Year ROIIC % is 3.54. Neometals' value of 53.34 is 1406.8% above this industry median. Based on the distribution chart, Neometals ranks #11 out of 190 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers.
How does Neometals' 10-Year ROIIC % compare to WM and RSG?
According to the Waste Management industry distribution chart, Neometals ranks #11 out of 190 companies for 10-Year ROIIC %. This places Neometals in the top 6% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 3.54. Neometals' value of 53.34 is 1406.8% above this benchmark. 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 Waste Management company?
The median 10-Year ROIIC % among Waste Management companies is 3.54, based on 190 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. Neometals's current 10-Year ROIIC % of 53.34 is 1406.8% above the industry median. 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 Neometals and its competitors. For the Waste Management industry, the median 10-Year ROIIC % is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neometals's current 10-Year ROIIC % is 53.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neometals stock overvalued right now?
Neometals (ASX:NMT) has a current 10-Year ROIIC % of 53.34. The current 10-Year ROIIC % is 53.34 and 1406.8% above the Waste Management industry median of 3.54. 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 Neometals (ASX:NMT), the current 10-Year ROIIC % is 53.34 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.
Neometals Ltd focuses on developing and commercializing sustainable processing technologies to recycle and recover critical materials, such as lithium, vanadium, and precious metals, from waste streams and non-conventional feedstocks. The company aims to support sustainable supply chains in sectors like EV batteries by advancing low-impact mining operations and battery recycling projects. Its operations include partnerships and commercial activities across several regions, with projects targeting the recovery of key materials essential for cleaner energy and industrial applications. The company operates in three operating segments: lithium, titanium/vanadium, gold, and 'other segments', which comprises other minor exploration projects and mineral process technology businesses.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:NMT has been successfully added to your 
