Sandfire ResourcesASX:SFR +3.75%87 3-Year ROIIC % is 14.38 as of Jun. 2025, which is 2896% above its 10-year median of 0.48. GuruFocus rates ASX:SFR with a GF Score™ of 87/100 and a GF Value™ of A$14.67 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,301 Metals & Mining companies, Sandfire Resources ranks better than 70.53% 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.
Sandfire Resources's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 14.38%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Sandfire Resources's 3-Year ROIIC % or its related term are showing as below:
ASX:SFR's 3-Year ROIIC % is ranked better than 70.53% of 2301
companies
in the Metals & Mining industry
Industry Median: -2.53
vs ASX:SFR: 14.38
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.
Sandfire Resources 3-Year ROIIC % Related Terms
Sandfire Resources 3-Year ROIIC % Historical Data
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The historical data trend for Sandfire 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 Copper subindustry, Sandfire 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.
Sandfire Resources 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sandfire Resources's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Sandfire 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.
Sandfire Resources (ASX:SFR) has a 3-Year ROIIC % of 14.38 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 Sandfire Resources and its competitors. This is 2896% above median its historical median of 0.48. According to the industry distribution chart, Sandfire Resources ranks #678 out of 2301 companies in the Metals & Mining industry, placing it in the top 29.5%.
Is Sandfire Resources' 3-Year ROIIC % too high?
Sandfire Resources' current 3-Year ROIIC % of 14.38 is 2896% above median its 10-year median of 0.48. Based on the distribution chart, Sandfire Resources ranks #678 out of 2301 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Sandfire Resources has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sandfire Resources' 3-Year ROIIC % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Sandfire Resources ranks #678 out of 2301 companies for 3-Year ROIIC %. This puts Sandfire 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 Sandfire Resources and its competitors. Sandfire Resources's current 3-Year ROIIC % is 14.38, which is 2896% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandfire Resources stock overvalued right now?
Based on GuruFocus' analysis, Sandfire Resources (ASX:SFR) is currently considered Modestly Overvalued. The stock's GF Value™ is A$14.67, compared to a current price of A$18.83 — trading 28.4% above its estimated fair value. The current 3-Year ROIIC % is 14.38, which is 2896% above median its 10-year median of 0.48. Sandfire Resources' overall GF Score™ is 87/100 with 6 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 Sandfire Resources (ASX:SFR), the current 3-Year ROIIC % is 14.38 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 Sandfire Resources (ASX:SFR) Overvalued in 2026?
Based on GuruFocus' analysis, Sandfire Resources stock appears to be overvalued.
The current stock price of A$18.83 is trading 28.4% above its estimated GF Value™ of A$14.67.
GuruFocus considers Sandfire Resources to be Modestly Overvalued.
Key valuation signals for ASX:SFR:
3-Year ROIIC %: 14.38 (2896% above median its 10-year median of 0.48)
GF Value™: A$14.67 vs. price of A$18.83 (28.4% above fair value)
No single metric tells the full story. See the ASX:SFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandfire Resources Ltd is a copper-focused mineral exploration and development company. The company's operating segments include DeGrussa Copper operations, MATSA Copper Operations, Black Butte Copper Project, Motheo Copper Operations, and Exploration and Other. It derives key revenue from the MATSA Copper Operations segment, which consists of the Minas de Aguas Tenidas (MATSA) polymetallic mining complex in Spain and exploration and evaluation activities in Spain and Portugal. The operations comprise three underground mines and a central processing facility. The mines generate revenue from the sale of copper, zinc, and lead concentrates containing a silver by-product. Geographically, the company generates maximum revenue from Spain, followed by China, Sweden, Malaysia, and other regions.
87GF Score
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