Altitude MineralsASX:ATT 3-Year ROIIC % is 10.83 as of Jun. 2025. The stock has 1 warning sign investors should review. Among 2,300 Metals & Mining companies, Altitude Minerals ranks better than 68.35% 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.
Altitude Minerals's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 10.83%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Altitude Minerals's 3-Year ROIIC % or its related term are showing as below:
ASX:ATT's 3-Year ROIIC % is ranked better than 68.35% of 2300
companies
in the Metals & Mining industry
Industry Median: -2.51
vs ASX:ATT: 10.83
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.
Altitude Minerals 3-Year ROIIC % Related Terms
Altitude Minerals 3-Year ROIIC % Historical Data
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The historical data trend for Altitude Minerals'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.
For the Other Precious Metals & Mining subindustry, Altitude Minerals'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.
Altitude Minerals 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Altitude Minerals's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Altitude Minerals's 3-Year ROIIC % falls into.
Altitude Minerals'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**
=
( -4 (Jun. 2025) - -3.45 (Jun. 2022) )
/
( 0.4 (Jun. 2025) - 5.48 (Jun. 2022) )
=
-0.55
/
-5.08
=
10.83%***
* 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.
Altitude Minerals (ASX:ATT) has a 3-Year ROIIC % of 10.83 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 Altitude Minerals and its competitors. According to the industry distribution chart, Altitude Minerals ranks #728 out of 2300 companies in the Metals & Mining industry, placing it in the top 31.7%.
Is Altitude Minerals' 3-Year ROIIC % too high?
Altitude Minerals' current 3-Year ROIIC % is 10.83. Based on the distribution chart, Altitude Minerals ranks #728 out of 2300 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Altitude Minerals' 3-Year ROIIC % compare to HL?
According to the Metals & Mining industry distribution chart, Altitude Minerals ranks #728 out of 2300 companies for 3-Year ROIIC %. This puts Altitude Minerals in the upper 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 3-Year ROIIC % for a Metals & Mining company?
A good 3-Year ROIIC % depends on the Metals & Mining industry context. However, 3-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 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 Altitude Minerals and its competitors. Altitude Minerals's current 3-Year ROIIC % is 10.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altitude Minerals stock overvalued right now?
Altitude Minerals (ASX:ATT) has a current 3-Year ROIIC % of 10.83. The current 3-Year ROIIC % is 10.83. 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 Altitude Minerals (ASX:ATT), the current 3-Year ROIIC % is 10.83 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.
Altitude Minerals Ltd is a minerals exploration company targeting copper-gold deposits within the Gawler Craton of South Australia. The assets are divided into four main project areas: the Peake and Denison, and Ruby Hill Projects contain known copper occurrences, and the Billa Kalina projects; the Peake and Denison and Ruby Hill Projects have anomalous gold occurrences.
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