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.
Hearts And Minds Investments's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
ASX:HM1's 3-Year ROIIC % is not ranked *
in the Asset Management industry.
Industry Median: 2.21 * Ranked among companies with meaningful 3-Year ROIIC % only.
Hearts And Minds Investments (ASX:HM1) 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.
Hearts And Minds Investments 3-Year ROIIC % Related Terms
Hearts And Minds Investments 3-Year ROIIC % Historical Data
* 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:HM1 vs BLK, BX, KKR: 3-Year ROIIC % Comparison
For the Asset Management subindustry, Hearts And Minds Investments'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.
Hearts And Minds Investments 3-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Hearts And Minds Investments's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hearts And Minds Investments's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 0 (Jun. 2025) - 0 (Jun. 2022) )
/
( 829.581 (Jun. 2025) - 337.425 (Jun. 2022) )
=
/
492.156
=
0.00%***
* 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.
Hearts And Minds Investments (ASX:HM1) has a 3-Year ROIIC % of 0.00 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 Hearts And Minds Investments and its competitors. According to the industry distribution chart, Hearts And Minds Investments ranks #999999 out of 653 companies in the Asset Management industry.
Is Hearts And Minds Investments' 3-Year ROIIC % too high?
Hearts And Minds Investments' current 3-Year ROIIC % is 0.00. Based on the distribution chart, Hearts And Minds Investments ranks #999999 out of 653 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Hearts And Minds Investments has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hearts And Minds Investments' 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Hearts And Minds Investments ranks #999999 out of 653 companies for 3-Year ROIIC %. This places Hearts And Minds Investments in the lower half of its industry. The industry median 3-Year ROIIC % is 2.21. 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 Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 2.21, based on 653 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. 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 Hearts And Minds Investments and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hearts And Minds Investments's current 3-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hearts And Minds Investments stock overvalued right now?
Based on GuruFocus' analysis, Hearts And Minds Investments (ASX:HM1) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.51, compared to a current price of A$2.99 — trading 98% above its estimated fair value. The current 3-Year ROIIC % is 0.00. Hearts And Minds Investments' overall GF Score™ is 47/100 with 1 warning sign 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 Hearts And Minds Investments (ASX:HM1), the current 3-Year ROIIC % is 0.00 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 Hearts And Minds Investments (ASX:HM1) Overvalued in 2026?
Based on GuruFocus' analysis, Hearts And Minds Investments stock appears to be overvalued.
The current stock price of A$2.99 is trading 98% above its estimated GF Value™ of A$1.51.
GuruFocus considers Hearts And Minds Investments to be Significantly Overvalued.
Key valuation signals for ASX:HM1:
3-Year ROIIC %: 0.00
GF Value™: A$1.51 vs. price of A$2.99 (98% above fair value)
No single metric tells the full story. See the ASX:HM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hearts And Minds Investments Ltd is a listed investment company. The company strives to deliver attractive equity investment returns for shareholders while providing funding for Australian medical research. It derives revenue from dividend income, interest income, and the sale of its investments. Geographically, the company has investments in the United States, Australia, Hong Kong, Germany, Canada, and the United Kingdom.
47GF Score
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