Australian Agricultural Projects (ASX:AAP) 3-Year ROIIC % : 23.71% (As of Jun. 2025) — 109% Above Median


What is Australian Agricultural Projects 3-Year ROIIC %?

Australian Agricultural Projects ASX:AAP 3-Year ROIIC % is 23.71 as of Jun. 2025, which is 109% above its 10-year median of 11.34. The stock has 6 warning signs investors should review. Among 1,831 Consumer Packaged Goods companies, Australian Agricultural Projects ranks better than 74.99% on this metric.

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. Australian Agricultural Projects's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 23.71%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Australian Agricultural Projects's 3-Year ROIIC % or its related term are showing as below:

ASX:AAP's 3-Year ROIIC % is ranked better than
74.99% of 1831 companies
in the Consumer Packaged Goods industry
Industry Median: 2.92 vs ASX:AAP: 23.71

Australian Agricultural Projects  (ASX:AAP) 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.


Australian Agricultural Projects 3-Year ROIIC % Related Terms


Australian Agricultural Projects 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Australian Agricultural Projects'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.

Australian Agricultural Projects 3-Year ROIIC % Chart

Australian Agricultural Projects Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.22 10.28 12.40 8.91 23.71

Australian Agricultural Projects Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 8.91 0.00 23.71 0.00

ASX:AAP vs ADM, BG, TSN: 3-Year ROIIC % Comparison

For the Farm Products subindustry, Australian Agricultural Projects'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.


Australian Agricultural Projects 3-Year ROIIC % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Australian Agricultural Projects's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Australian Agricultural Projects's 3-Year ROIIC % falls into.



Australian Agricultural Projects 3-Year ROIIC % Calculation

Australian Agricultural Projects's 3-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 0.854 (Jun. 2025) - -0.4788249 (Jun. 2022) )/( 21.314 (Jun. 2025) - 15.693 (Jun. 2022) )
=1.3328249/5.621
=23.71%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 23.71 mean?
Australian Agricultural Projects (ASX:AAP) has a 3-Year ROIIC % of 23.71 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Australian Agricultural Projects and its competitors. This is 109% above median its historical median of 11.34. According to the industry distribution chart, Australian Agricultural Projects ranks #458 out of 1831 companies in the Consumer Packaged Goods industry, placing it in the top 25%.
Is Australian Agricultural Projects' 3-Year ROIIC % too high?
Australian Agricultural Projects' current 3-Year ROIIC % of 23.71 is 109% above median its 10-year median of 11.34. The Consumer Packaged Goods industry median 3-Year ROIIC % is 2.92. Australian Agricultural Projects' value of 23.71 is 712% above this industry median. Based on the distribution chart, Australian Agricultural Projects ranks #458 out of 1831 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers.
How does Australian Agricultural Projects' 3-Year ROIIC % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Australian Agricultural Projects ranks #458 out of 1831 companies for 3-Year ROIIC %. This places Australian Agricultural Projects in the top 25% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.92. Australian Agricultural Projects' value of 23.71 is 712% above this benchmark. While the company's 10-year median is 11.34 vs. the industry median of 2.92, Australian Agricultural Projects has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Consumer Packaged Goods company?
The median 3-Year ROIIC % among Consumer Packaged Goods companies is 2.92, based on 1,831 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Australian Agricultural Projects's current 3-Year ROIIC % of 23.71 is 712% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Australian Agricultural Projects and its competitors. For the Consumer Packaged Goods industry, the median 3-Year ROIIC % is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Agricultural Projects's current 3-Year ROIIC % is 23.71, which is 109% above median its own 10-year median of 11.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Agricultural Projects stock overvalued right now?
Based on GuruFocus' analysis, Australian Agricultural Projects (ASX:AAP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.03, compared to a current price of A$0.07 — trading 146.7% above its estimated fair value. The current 3-Year ROIIC % is 23.71, which is 109% above median its 10-year median of 11.34 and 712% above the Consumer Packaged Goods industry median of 2.92. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Australian Agricultural Projects (ASX:AAP), the current 3-Year ROIIC % is 23.71 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.

Australian Agricultural Projects Business Description

Address 456 St Kilda Road, Suite 19, Melbourne, VIC, AUS, 3004
Australian Agricultural Projects Ltd is an Australian company specializing in managing olive groves and investment schemes in Boort, Victoria. The company oversees projects including the Victorian Olive Oil Project, Victorian Olive Oil Project II, and a corporate project operated by Peppercorn Estate Limited. The orchards, situated near Boort in the Mallee region, benefit from a Mediterranean-like climate ideal for olive cultivation. Established during a period of expansion in Australian olive plantings, the company applies modern horticultural practices to produce high-quality olives. The company has also developed brands and a supply agreement with Boundary Bend Limited, linking product value to farm gate prices based on retail sales.