Bathurst ResourcesASX:BRL 38 3-Year ROIIC % is 4.00 as of Jun. 2025, which is 120% above its 10-year median of 1.82. GuruFocus rates ASX:BRL with a GF Score™ of 38/100 and a GF Value™ of A$0.51 (Fairly Valued). The stock has 2 warning signs investors should review. Among 606 Steel companies, Bathurst Resources ranks better than 59.74% 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.
Bathurst Resources's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 4.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Bathurst Resources's 3-Year ROIIC % or its related term are showing as below:
ASX:BRL's 3-Year ROIIC % is ranked better than 59.74% of 606
companies
in the Steel industry
Industry Median: -0.25
vs ASX:BRL: 4.00
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.
Bathurst Resources 3-Year ROIIC % Related Terms
Bathurst Resources 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Bathurst 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.
ASX:BRL vs HCC, AMR, METC: 3-Year ROIIC % Comparison
For the Coking Coal subindustry, Bathurst 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.
Bathurst Resources 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Bathurst Resources's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Bathurst Resources's 3-Year ROIIC % falls into.
Bathurst Resources'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**
=
( -1.313 (Jun. 2025) - -6.783 (Jun. 2022) )
/
( 314.42 (Jun. 2025) - 177.735 (Jun. 2022) )
=
5.47
/
136.685
=
4.00%***
* 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.
Bathurst Resources (ASX:BRL) has a 3-Year ROIIC % of 4.00 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 Bathurst Resources and its competitors. This is 120% above median its historical median of 1.82. According to the industry distribution chart, Bathurst Resources ranks #244 out of 606 companies in the Steel industry, placing it in the top 40.3%.
Is Bathurst Resources' 3-Year ROIIC % too high?
Bathurst Resources' current 3-Year ROIIC % of 4.00 is 120% above median its 10-year median of 1.82. Based on the distribution chart, Bathurst Resources ranks #244 out of 606 companies in the Steel industry, which is above the industry midpoint. Overall, Bathurst Resources has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bathurst Resources' 3-Year ROIIC % compare to HCC and AMR?
According to the Steel industry distribution chart, Bathurst Resources ranks #244 out of 606 companies for 3-Year ROIIC %. This puts Bathurst Resources 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 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 Bathurst Resources and its competitors. Bathurst Resources's current 3-Year ROIIC % is 4.00, which is 120% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bathurst Resources stock overvalued right now?
Based on GuruFocus' analysis, Bathurst Resources (ASX:BRL) is currently considered Fairly Valued. The stock's GF Value™ is A$0.51, compared to a current price of A$0.47 — trading 7.8% below its estimated fair value. The current 3-Year ROIIC % is 4.00, which is 120% above median its 10-year median of 1.82. Bathurst Resources' overall GF Score™ is 38/100 with 2 warning signs to review. 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 Bathurst Resources (ASX:BRL), the current 3-Year ROIIC % is 4.00 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.
Is Bathurst Resources (ASX:BRL) Overvalued in 2026?
Based on GuruFocus' analysis, Bathurst Resources stock appears to be undervalued.
The current stock price of A$0.47 is trading 7.8% below its estimated GF Value™ of A$0.51.
GuruFocus considers Bathurst Resources to be Fairly Valued.
Key valuation signals for ASX:BRL:
3-Year ROIIC %: 4.00 (120% above median its 10-year median of 1.82)
GF Value™: A$0.51 vs. price of A$0.47 (7.8% below fair value)
No single metric tells the full story. See the ASX:BRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bathurst Resources Ltd is principally engaged in the exploration, development, and production of coal. The operating business segments of the company are Export, Domestic, and Corporate, with maximum revenue from the export segment. It has three operating mines in the South Island: Canterbury Coal, Stockton, and Takitimu. It also operates Maramarua and Rotowaro in the Waikato region of the North Island. Further, it has two mines the Cascade and Escarpment mines near Westport. It earns maximum from Export segment following domestic segment.
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