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Corazon MiningASX:CZN -7.89% 3-Year ROIIC % is 11.56 as of Jun. 2025, which is 34% above its 10-year median of 8.61. The stock has 1 warning sign investors should review. Among 2,305 Metals & Mining companies, Corazon Mining ranks better than 68.98% 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.
Corazon Mining's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 11.56%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Corazon Mining's 3-Year ROIIC % or its related term are showing as below:
ASX:CZN's 3-Year ROIIC % is ranked better than 68.98% of 2305
companies
in the Metals & Mining industry
Industry Median: -2.53
vs ASX:CZN: 11.56
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.
Corazon Mining 3-Year ROIIC % Related Terms
Corazon Mining 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Corazon Mining'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 Industrial Metals & Mining subindustry, Corazon Mining'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.
Corazon Mining 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Corazon Mining's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Corazon Mining's 3-Year ROIIC % falls into.
Corazon Mining'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**
=
( -1.04 (Jun. 2025) - -1.533 (Jun. 2022) )
/
( 14.974 (Jun. 2025) - 10.708 (Jun. 2022) )
=
0.493
/
4.266
=
11.56%***
* 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.
Corazon Mining (ASX:CZN) has a 3-Year ROIIC % of 11.56 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 Corazon Mining and its competitors. This is 34% above median its historical median of 8.61. According to the industry distribution chart, Corazon Mining ranks #715 out of 2305 companies in the Metals & Mining industry, placing it in the top 31%.
Is Corazon Mining's 3-Year ROIIC % too high?
Corazon Mining's current 3-Year ROIIC % of 11.56 is 34% above median its 10-year median of 8.61. Based on the distribution chart, Corazon Mining ranks #715 out of 2305 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Corazon Mining's 3-Year ROIIC % compare to competitors?
According to the Metals & Mining industry distribution chart, Corazon Mining ranks #715 out of 2305 companies for 3-Year ROIIC %. This puts Corazon Mining 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 Corazon Mining and its competitors. Corazon Mining's current 3-Year ROIIC % is 11.56, which is 34% above median its own 10-year median of 8.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corazon Mining stock overvalued right now?
Corazon Mining (ASX:CZN) has a current 3-Year ROIIC % of 11.56. The current 3-Year ROIIC % is 11.56, which is 34% above median its 10-year median of 8.61. 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 Corazon Mining (ASX:CZN), the current 3-Year ROIIC % is 11.56 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.
Corazon Mining Ltd explores and develops mineral resources such as nickel, copper, and gold and develops mining activities. The company's projects include the Lynn Lake Nickel-Copper-Sulphide project in Canada, the Mt Gilmore Cobalt-Copper-Gold project in Australia, and the Miriam Nickel-Copper Sulphide Project in Australia. The firm has two reportable segments based on the geographical areas of the mineral resource and exploration activities in Australia and Canada whereas it derives revenue from Australia.
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