MLG OzASX:MLG +1.38%43 3-Year ROIIC % is 21.85 as of Jun. 2025, which is 140% above its 10-year median of 9.09. GuruFocus rates ASX:MLG with a GF Score™ of 43/100 and a GF Value™ of A$0.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,300 Metals & Mining companies, MLG Oz ranks better than 74.48% 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.
MLG Oz's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 21.85%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for MLG Oz's 3-Year ROIIC % or its related term are showing as below:
ASX:MLG's 3-Year ROIIC % is ranked better than 74.48% of 2300
companies
in the Metals & Mining industry
Industry Median: -2.525
vs ASX:MLG: 21.85
MLG Oz (ASX:MLG) 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.
MLG Oz 3-Year ROIIC % Related Terms
MLG Oz 3-Year ROIIC % Historical Data
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The historical data trend for MLG Oz'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, MLG Oz'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.
MLG Oz 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MLG Oz's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where MLG Oz's 3-Year ROIIC % falls into.
* 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.
MLG Oz (ASX:MLG) has a 3-Year ROIIC % of 21.85 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 MLG Oz and its competitors. This is 140% above median its historical median of 9.09. According to the industry distribution chart, MLG Oz ranks #587 out of 2300 companies in the Metals & Mining industry, placing it in the top 25.5%.
Is MLG Oz's 3-Year ROIIC % too high?
MLG Oz's current 3-Year ROIIC % of 21.85 is 140% above median its 10-year median of 9.09. Based on the distribution chart, MLG Oz ranks #587 out of 2300 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, MLG Oz has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MLG Oz's 3-Year ROIIC % compare to competitors?
According to the Metals & Mining industry distribution chart, MLG Oz ranks #587 out of 2300 companies for 3-Year ROIIC %. This puts MLG Oz 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 MLG Oz and its competitors. MLG Oz's current 3-Year ROIIC % is 21.85, which is 140% above median its own 10-year median of 9.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MLG Oz stock overvalued right now?
Based on GuruFocus' analysis, MLG Oz (ASX:MLG) is currently considered Fairly Valued. The stock's GF Value™ is A$0.75, compared to a current price of A$0.74 — trading 2% below its estimated fair value. The current 3-Year ROIIC % is 21.85, which is 140% above median its 10-year median of 9.09. MLG Oz's overall GF Score™ is 43/100 with 5 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 MLG Oz (ASX:MLG), the current 3-Year ROIIC % is 21.85 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 MLG Oz (ASX:MLG) Overvalued in 2026?
Based on GuruFocus' analysis, MLG Oz stock appears to be undervalued.
The current stock price of A$0.74 is trading 2% below its estimated GF Value™ of A$0.75.
GuruFocus considers MLG Oz to be Fairly Valued.
Key valuation signals for ASX:MLG:
3-Year ROIIC %: 21.85 (140% above median its 10-year median of 9.09)
GF Value™: A$0.75 vs. price of A$0.74 (2% below fair value)
No single metric tells the full story. See the ASX:MLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MLG Oz Ltd is a Kalgoorlie-based integrated mining services and resource asset management company. It supports ore processing facilities across gold, iron ore, and base metals in Western Australia and the Northern Territory. The company offers comprehensive mine site and supply chain solutions throughout the project lifecycle under a single contractual framework, including civil and construction, crushing and screening, bulk haulage and site services, and supply of mining and construction materials. Its expertise covers gold, iron ore, nickel, and base metals sectors, with key activities in bulk haulage, civil mining, construction aggregates, and crushing and screening.
43GF Score
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