Fitzroy RiverASX:FZR 45 3-Year ROIIC % is 18.46 as of Jun. 2025, which is 383% above its 10-year median of 3.82. GuruFocus rates ASX:FZR with a GF Score™ of 45/100 and a GF Value™ of A$0.10 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 922 Oil & Gas companies, Fitzroy River ranks better than 74.3% 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.
Fitzroy River's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 18.46%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Fitzroy River's 3-Year ROIIC % or its related term are showing as below:
ASX:FZR's 3-Year ROIIC % is ranked better than 74.3% of 922
companies
in the Oil & Gas industry
Industry Median: 0.04
vs ASX:FZR: 18.46
Fitzroy River (ASX:FZR) 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.
Fitzroy River 3-Year ROIIC % Related Terms
Fitzroy River 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Fitzroy River'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:FZR vs COP, EOG, FANG: 3-Year ROIIC % Comparison
For the Oil & Gas E&P subindustry, Fitzroy River'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.
Fitzroy River 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Fitzroy River's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Fitzroy River's 3-Year ROIIC % falls into.
Fitzroy River'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**
=
( -0.193 (Jun. 2025) - 0.603 (Jun. 2022) )
/
( 2.093 (Jun. 2025) - 6.406 (Jun. 2022) )
=
-0.796
/
-4.313
=
18.46%***
* 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.
Fitzroy River (ASX:FZR) has a 3-Year ROIIC % of 18.46 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 Fitzroy River and its competitors. This is 383% above median its historical median of 3.82. According to the industry distribution chart, Fitzroy River ranks #237 out of 922 companies in the Oil & Gas industry, placing it in the top 25.7%.
Is Fitzroy River's 3-Year ROIIC % too high?
Fitzroy River's current 3-Year ROIIC % of 18.46 is 383% above median its 10-year median of 3.82. The Oil & Gas industry median 3-Year ROIIC % is 0.04. Fitzroy River's value of 18.46 is 46050% above this industry median. Based on the distribution chart, Fitzroy River ranks #237 out of 922 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Fitzroy River has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fitzroy River's 3-Year ROIIC % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Fitzroy River ranks #237 out of 922 companies for 3-Year ROIIC %. This puts Fitzroy River in the upper half of its industry. The industry median 3-Year ROIIC % is 0.04. Fitzroy River's value of 18.46 is 46050% above this benchmark. While the company's 10-year median is 3.82 vs. the industry median of 0.04, Fitzroy River has consistently been above the industry average. 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 an Oil & Gas company?
The median 3-Year ROIIC % among Oil & Gas companies is 0.04, based on 922 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fitzroy River's current 3-Year ROIIC % of 18.46 is 46050% above the industry median. 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 Fitzroy River and its competitors. For the Oil & Gas industry, the median 3-Year ROIIC % is 0.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fitzroy River's current 3-Year ROIIC % is 18.46, which is 383% above median its own 10-year median of 3.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fitzroy River stock overvalued right now?
Based on GuruFocus' analysis, Fitzroy River (ASX:FZR) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.10, compared to a current price of A$0.21 — trading 110% above its estimated fair value. The current 3-Year ROIIC % is 18.46, which is 383% above median its 10-year median of 3.82 and 46050% above the Oil & Gas industry median of 0.04. Fitzroy River's overall GF Score™ is 45/100 with 4 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 Fitzroy River (ASX:FZR), the current 3-Year ROIIC % is 18.46 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 Fitzroy River (ASX:FZR) Overvalued in 2026?
Based on GuruFocus' analysis, Fitzroy River stock appears to be overvalued.
The current stock price of A$0.21 is trading 110% above its estimated GF Value™ of A$0.10.
GuruFocus considers Fitzroy River to be Significantly Overvalued.
Key valuation signals for ASX:FZR:
3-Year ROIIC %: 18.46 (383% above median its 10-year median of 3.82)
GF Value™: A$0.10 vs. price of A$0.21 (110% above fair value)
Industry Position: 46050% above the Oil & Gas median (#237 of 922)
No single metric tells the full story. See the ASX:FZR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fitzroy River Corp Ltd is an oil and gas and mineral investment holding company focusing on non-operational assets such as royalties, free carried interests, and equity investments. Its primary focus is on Western Australia, specifically, the Canning Superbasin, where the company holds royalty interests. Revenue is realized in the form of royalty income and interest. The company has one operating segment: the management of resource-based royalties and investments. The company derives its revenue within Australia.
45GF Score
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