GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcyone Resources Ltd (ASX:AYN) » Definitions » 3-Year ROIIC %

Alcyone Resources (ASX:AYN) 3-Year ROIIC % : 0.00% (As of Jun. 2013)


View and export this data going back to . Start your Free Trial

What is Alcyone Resources 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. Alcyone Resources's 3-Year ROIIC % for the quarter that ended in Jun. 2013 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

ASX:AYN's 3-Year ROIIC % is not ranked *
in the Metals & Mining industry.
Industry Median: -4.41
* Ranked among companies with meaningful 3-Year ROIIC % only.

Alcyone Resources 3-Year ROIIC % Historical Data

The historical data trend for Alcyone Resources'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.

Alcyone Resources 3-Year ROIIC % Chart

Alcyone Resources Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Alcyone Resources Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
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 - - - - -

Competitive Comparison of Alcyone Resources's 3-Year ROIIC %

For the Silver subindustry, Alcyone Resources'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.


Alcyone Resources's 3-Year ROIIC % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Alcyone Resources's 3-Year ROIIC % falls into.



Alcyone Resources 3-Year ROIIC % Calculation

Alcyone Resources's 3-Year ROIIC % for the quarter that ended in Jun. 2013 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -9.017 (Jun. 2013) - -2.156 (Jun. 2010) )/( 30.509 (Jun. 2013) - 7.804 (Jun. 2010) )
=-6.861/22.705
=-30.22%***

* 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.


Alcyone Resources  (ASX:AYN) 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.


Alcyone Resources 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Alcyone Resources's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Alcyone Resources Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Macmin Silver Ltd (MMN) is a minerals exploration and mining company focused on silver and gold in Australia. The company's main project is the Twin Hills Silver Projects, located in southern Queensland. The company also has a substantial investment in a New Guinea based gold exploration and mining company.

Alcyone Resources Headlines

No Headlines