Slam Exploration (TSXV:SXL) 10-Year ROIIC % : -24.11% (As of Jan. 2026)

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 Slam Exploration 10-Year ROIIC %?

Slam Exploration TSXV:SXL 10-Year ROIIC % is -24.11 as of Jan. 2026. The stock has 1 warning sign investors should review. Among 1,864 Metals & Mining companies, Slam Exploration ranks worse than 73.66% 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. Slam Exploration's 10-Year ROIIC % for the quarter that ended in Jan. 2026 was -24.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSXV:SXL's 10-Year ROIIC % is ranked worse than
73.66% of 1864 companies
in the Metals & Mining industry
Industry Median: -3.19 vs TSXV:SXL: -24.11

Slam Exploration  (TSXV:SXL) 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.


Slam Exploration 10-Year ROIIC % Related Terms


Slam Exploration 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Slam Exploration'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.

Slam Exploration 10-Year ROIIC % Chart

Slam Exploration Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.35 -14.02 -13.15 0.30 -24.11

Slam Exploration Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 -24.11 0.00

TSXV:SXL vs NEM, AU: 10-Year ROIIC % Comparison

For the Gold subindustry, Slam Exploration'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.


Slam Exploration 10-Year ROIIC % vs Metals & Mining Industry

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

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



Slam Exploration 10-Year ROIIC % Calculation

Slam Exploration's 10-Year ROIIC % for the quarter that ended in Jan. 2026 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( -0.884 (Jan. 2026) - -0.223 (Jan. 2016) )/( 3.175 (Jan. 2026) - 0.433 (Jan. 2016) )
=-0.661/2.742
=-24.11%***

* 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 -24.11 mean?
Slam Exploration (TSXV:SXL) has a 10-Year ROIIC % of -24.11 as of Jan. 2026. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Slam Exploration and its competitors. According to the industry distribution chart, Slam Exploration ranks #1373 out of 1864 companies in the Metals & Mining industry, placing it in the top 73.7%.
Is Slam Exploration's 10-Year ROIIC % too high?
Slam Exploration's current 10-Year ROIIC % is -24.11. Based on the distribution chart, Slam Exploration ranks #1373 out of 1864 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Slam Exploration's 10-Year ROIIC % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Slam Exploration ranks #1373 out of 1864 companies for 10-Year ROIIC %. This places Slam Exploration in the lower half of its industry. 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 Metals & Mining company?
A good 10-Year ROIIC % depends on the Metals & Mining industry context. 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 Slam Exploration and its competitors. Slam Exploration's current 10-Year ROIIC % is -24.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Slam Exploration stock overvalued right now?
Slam Exploration (TSXV:SXL) has a current 10-Year ROIIC % of -24.11. The current 10-Year ROIIC % is -24.11. 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 Slam Exploration (TSXV:SXL), the current 10-Year ROIIC % is -24.11 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.

Slam Exploration Business Description

Other Exchanges SXLXF:USA
Address 295 Hutchinson Drive, Miramichi, NB, CAN, E1V 6C7
Slam Exploration Ltd is in the process of exploring its exploration and evaluation properties for mineral resources. The Company has determined that there was only one operating segment: the sector of exploration and evaluation in Canada. Its projects are Goodwin Copper-Nickel, Jake Lee - Love Lake Gold Project, Menneval Gold Project, Mine Road Project, and Harry Brook Project.