Euro ManganeseASX:EMN +2.20% 3-Year ROIIC % is 5.67 as of Sep. 2025. The stock has 3 warning signs investors should review. Among 2,305 Metals & Mining companies, Euro Manganese ranks better than 63.51% 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.
Euro Manganese's 3-Year ROIIC % for the quarter that ended in Sep. 2025 was 5.67%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Euro Manganese's 3-Year ROIIC % or its related term are showing as below:
ASX:EMN's 3-Year ROIIC % is ranked better than 63.51% of 2305
companies
in the Metals & Mining industry
Industry Median: -2.53
vs ASX:EMN: 5.67
Euro Manganese (ASX:EMN) 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.
Euro Manganese 3-Year ROIIC % Related Terms
Euro Manganese 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Euro Manganese'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.
Euro Manganese 3-Year ROIIC % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Euro Manganese'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.
Euro Manganese 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Euro Manganese's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Euro Manganese's 3-Year ROIIC % falls into.
Euro Manganese's 3-Year ROIIC % for the quarter that ended in Sep. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -12.351 (Sep. 2025) - -15.12 (Sep. 2022) )
/
( 61.858 (Sep. 2025) - 20.176 (Sep. 2022) )
=
2.769
/
41.682
=
6.64%***
* 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.
Euro Manganese (ASX:EMN) has a 3-Year ROIIC % of 5.67 as of Sep. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Euro Manganese and its competitors. According to the industry distribution chart, Euro Manganese ranks #841 out of 2305 companies in the Metals & Mining industry, placing it in the top 36.5%.
Is Euro Manganese's 3-Year ROIIC % too high?
Euro Manganese's current 3-Year ROIIC % is 5.67. Based on the distribution chart, Euro Manganese ranks #841 out of 2305 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Euro Manganese's 3-Year ROIIC % compare to competitors?
According to the Metals & Mining industry distribution chart, Euro Manganese ranks #841 out of 2305 companies for 3-Year ROIIC %. This puts Euro Manganese 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 Euro Manganese and its competitors. Euro Manganese's current 3-Year ROIIC % is 5.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro Manganese stock overvalued right now?
Euro Manganese (ASX:EMN) has a current 3-Year ROIIC % of 5.67. The current 3-Year ROIIC % is 5.67. 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 Euro Manganese (ASX:EMN), the current 3-Year ROIIC % is 5.67 as of Sep. 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.
Euro Manganese Inc is focused on advancing the Chvaletice Manganese Project, which involves the re-processing of a readily leachable manganese deposit contained in the tailings of a decommissioned mine in the Czech Republic. The Company is also progressing an opportunity to develop a project in Canada aimed at producing high-purity manganese products for the North American market, mainly for use in lithium-ion batteries. The company seeks to produce high-purity manganese products in an economically, socially, and environmentally sound manner. The Company operates through three segments: Mangan, EPCS, and Corporate. The Mangan and EPCS assets are geographically located in the Czech Republic, while corporate activities and assets are based in Canada.
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