Advance MetalsASX:AVM +15.38% 3-Year ROIIC % is -79.54 as of Dec. 2025. The stock has 1 warning sign investors should review. Among 607 Steel companies, Advance Metals ranks worse than 89.13% 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.
Advance Metals's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -79.54%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Advance Metals's 3-Year ROIIC % or its related term are showing as below:
ASX:AVM's 3-Year ROIIC % is ranked worse than 89.13% of 607
companies
in the Steel industry
Industry Median: -0.23
vs ASX:AVM: -79.54
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.
Advance Metals 3-Year ROIIC % Related Terms
Advance Metals 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Advance Metals'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.
ASX:AVM vs HCC, AMR, METC: 3-Year ROIIC % Comparison
For the Coking Coal subindustry, Advance Metals'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.
Advance Metals 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Advance Metals's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Advance Metals's 3-Year ROIIC % falls into.
Advance Metals's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -7.492 (Dec. 2025) - -1.39 (Dec. 2022) )
/
( 12.209 (Dec. 2025) - 4.537 (Dec. 2022) )
=
-6.102
/
7.672
=
-79.54%***
* 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.
Advance Metals (ASX:AVM) has a 3-Year ROIIC % of -79.54 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Advance Metals and its competitors. According to the industry distribution chart, Advance Metals ranks #541 out of 607 companies in the Steel industry, placing it in the top 89.1%.
Is Advance Metals' 3-Year ROIIC % too high?
Advance Metals' current 3-Year ROIIC % is -79.54. Based on the distribution chart, Advance Metals ranks #541 out of 607 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Advance Metals' 3-Year ROIIC % compare to HCC and AMR?
According to the Steel industry distribution chart, Advance Metals ranks #541 out of 607 companies for 3-Year ROIIC %. This places Advance Metals 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 3-Year ROIIC % for a Steel company?
A good 3-Year ROIIC % depends on the Steel 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 Advance Metals and its competitors. Advance Metals's current 3-Year ROIIC % is -79.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Metals stock overvalued right now?
Advance Metals (ASX:AVM) has a current 3-Year ROIIC % of -79.54. The current 3-Year ROIIC % is -79.54. 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 Advance Metals (ASX:AVM), the current 3-Year ROIIC % is -79.54 as of Dec. 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.
Advance Metals Ltd is a Australia-based mineral exploration company engaged in investment in renewable energy and coal exploration. It holds coal licenses for exploration in the coking coal regions of Kootenay in British Columbia and applications for exploration licenses in the metallurgical coal region of the Arkoma Basin in Oklahoma. The Group has only two reportable segments, being the geographic location of assets in Canada and Australia. The company plans to develop a portfolio of projects that support the green economy through the discovery and delivery of commodities that promote electrification and decarbonization.
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