GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » DRDGold Ltd (LTS:0ICU) » Definitions » 10-Year ROIIC %

DRDGold (LTS:0ICU) 10-Year ROIIC % : 18.17% (As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is DRDGold 10-Year ROIIC %?

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. DRDGold's 10-Year ROIIC % for the quarter that ended in Jun. 2024 was 18.17%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

LTS:0ICU's 10-Year ROIIC % is ranked better than
80.35% of 2061 companies
in the Metals & Mining industry
Industry Median: -3.22 vs LTS:0ICU: 18.17

DRDGold 10-Year ROIIC % Historical Data

The historical data trend for DRDGold'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.

* Premium members only.

DRDGold 10-Year ROIIC % Chart

DRDGold Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.58 60.07 26.43 27.61 18.17

DRDGold Semi-Annual Data
Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
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 34.58 60.07 26.43 27.61 18.17

Competitive Comparison of DRDGold's 10-Year ROIIC %

For the Gold subindustry, DRDGold'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.


DRDGold's 10-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, DRDGold's 10-Year ROIIC % distribution charts can be found below:

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



DRDGold 10-Year ROIIC % Calculation

DRDGold's 10-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 63.9075757 (Jun. 2024) - 6.7098318 (Jun. 2014) )/( 442.426 (Jun. 2024) - 193.51 (Jun. 2014) )
=57.1977439/248.916
=22.98%***

* 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.


DRDGold  (LTS:0ICU) 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.


DRDGold 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of DRDGold's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


DRDGold Business Description

Traded in Other Exchanges
Address
Cnr 14th Avenue and Hendrik Potgieter Road, Constantia Office Park, Cycad House, Building 17, Ground Floor, Weltevreden Park, Johannesburg, ZAF, 1709
DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. Its reportable operating segments are; Ergo, FWGR, and Corporate office and other reconciling items. The Ergo is a surface gold retreatment operation that treats old slime dams and sand dumps to the south of Johannesburg's central business district as well as the East and Central Rand goldfields; and the FWGR which is a surface gold retreatment operation and treats old slime dams in the West Rand goldfields. The Ergo segment derives a vast majority of the company's revenue.

DRDGold Headlines

No Headlines