Pan African ResourcesASX:PAF 76 3-Year ROIIC % is 10.20 as of Jun. 2025, which is 66% below its 10-year median of 30.09. GuruFocus rates ASX:PAF with a GF Score™ of 76/100 and a GF Value™ of A$1.64. The stock has 3 warning signs investors should review. Among 2,301 Metals & Mining companies, Pan African Resources ranks better than 67.67% 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.
Pan African Resources's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 10.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Pan African Resources's 3-Year ROIIC % or its related term are showing as below:
ASX:PAF's 3-Year ROIIC % is ranked better than 67.67% of 2301
companies
in the Metals & Mining industry
Industry Median: -2.5
vs ASX:PAF: 10.20
Pan African Resources (ASX:PAF) 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.
Pan African Resources 3-Year ROIIC % Related Terms
Pan African Resources 3-Year ROIIC % Historical Data
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The historical data trend for Pan African Resources'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 Gold subindustry, Pan African Resources'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.
Pan African Resources 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Pan African Resources's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Pan African Resources'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.
Pan African Resources (ASX:PAF) has a 3-Year ROIIC % of 10.20 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 Pan African Resources and its competitors. This is 66% below median its historical median of 30.09. According to the industry distribution chart, Pan African Resources ranks #744 out of 2301 companies in the Metals & Mining industry, placing it in the top 32.3%.
Is Pan African Resources' 3-Year ROIIC % too high?
Pan African Resources' current 3-Year ROIIC % of 10.20 is 66% below median its 10-year median of 30.09. Based on the distribution chart, Pan African Resources ranks #744 out of 2301 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Pan African Resources has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Pan African Resources' 3-Year ROIIC % compare to ?
According to the Metals & Mining industry distribution chart, Pan African Resources ranks #744 out of 2301 companies for 3-Year ROIIC %. This puts Pan African Resources 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 Pan African Resources and its competitors. Pan African Resources's current 3-Year ROIIC % is 10.20, which is 66% below median its own 10-year median of 30.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan African Resources stock overvalued right now?
Pan African Resources (ASX:PAF) has a current 3-Year ROIIC % of 10.20. The stock's GF Value™ is A$1.64, compared to a current price of A$1.96 — trading 19.5% above its estimated fair value. The current 3-Year ROIIC % is 10.20, which is 66% below median its 10-year median of 30.09. Pan African Resources' overall GF Score™ is 76/100 with 3 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 Pan African Resources (ASX:PAF), the current 3-Year ROIIC % is 10.20 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 Pan African Resources (ASX:PAF) Overvalued in 2026?
Based on GuruFocus' analysis, Pan African Resources stock appears to be overvalued.
The current stock price of A$1.96 is trading 19.5% above its estimated GF Value™ of A$1.64.
Key valuation signals for ASX:PAF:
3-Year ROIIC %: 10.20 (66% below median its 10-year median of 30.09)
GF Value™: A$1.64 vs. price of A$1.96 (19.5% above fair value)
No single metric tells the full story. See the ASX:PAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pan African Resources PLC is engaged in gold mining and exploration activities. The group owns and operates a portfolio of projects located in South Africa, Australia, and an exploration project in Sudan. Its project portfolio comprises Fairview Mine, Sheba and Consort Mines, BTRP, Elikhulu, MTR, Evander Mines, and Tennant Mines. The group's reporting segments are: Mining operations and Other operations. Maximum revenue is generated from the Mining operations segment, which generates revenue from mining, extraction, production, and the sale of gold. The Other operations segment represents its exploration assets in Sudan, Agricultural ESG projects, and other activities. Geographically, the group generates maximum revenue from South Africa, followed by Australia, and UK and Europe.
76GF Score
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