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ARAFF (Arafura Rare Earths) 3-Year ROIIC % : -348.72% (As of Jun. 2024)


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What is Arafura Rare Earths 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Arafura Rare Earths's 3-Year ROIIC % for the quarter that ended in Jun. 2024 was -348.72%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Arafura Rare Earths's 3-Year ROIIC % or its related term are showing as below:

ARAFF's 3-Year ROIIC % is ranked worse than
93.09% of 2185 companies
in the Metals & Mining industry
Industry Median: -4.34 vs ARAFF: -348.72

Arafura Rare Earths 3-Year ROIIC % Historical Data

The historical data trend for Arafura Rare Earths's 3-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.

Arafura Rare Earths 3-Year ROIIC % Chart

Arafura Rare Earths Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.59 -3.53 -167.59 -331.57 -348.72

Arafura Rare Earths Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
3-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 -167.59 - -331.57 - -348.72

Competitive Comparison of Arafura Rare Earths's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Arafura Rare Earths's 3-Year ROIIC %, along with its competitors' market caps and 3-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.


Arafura Rare Earths's 3-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Arafura Rare Earths's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Arafura Rare Earths's 3-Year ROIIC % falls into.



Arafura Rare Earths 3-Year ROIIC % Calculation

Arafura Rare Earths's 3-Year ROIIC % for the quarter that ended in Jun. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -68.102 (Jun. 2024) - -5.176 (Jun. 2021) )/( 94.986 (Jun. 2024) - 88.364 (Jun. 2021) )
=-62.926/6.622
=-950.26%***

* 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 3-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.


Arafura Rare Earths  (OTCPK:ARAFF) 3-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.


Arafura Rare Earths 3-Year ROIIC % Related Terms

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Arafura Rare Earths Business Description

Traded in Other Exchanges
Address
432 Murray Street, Level 6, Perth, WA, AUS, 6000
Arafura Rare Earths Ltd is engaged in mineral exploration, definition, and development of Neodymium-Praseodymium oxide and Mixed middle-heavy rare earth oxide products, mining and associated infrastructure, social and environmental feasibility evaluations, and Nolans Project engineering studies. Its products are used in catalytic converters in automobiles, consumer electronics, energy-efficiency lighting, optics, super alloys, advanced ceramics, and high-strength magnets.

Arafura Rare Earths Headlines