Solara MineralsASX:SLA -3.61% 3-Year ROIIC % is 0.35 as of Jun. 2025, which is at its 10-year median of 0.35. The stock has 3 warning signs investors should review. Among 2,299 Metals & Mining companies, Solara Minerals ranks better than 55.72% 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.
Solara Minerals's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 0.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Solara Minerals's 3-Year ROIIC % or its related term are showing as below:
ASX:SLA's 3-Year ROIIC % is ranked better than 55.72% of 2299
companies
in the Metals & Mining industry
Industry Median: -2.53
vs ASX:SLA: 0.35
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.
Solara Minerals 3-Year ROIIC % Related Terms
Solara Minerals 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Solara Minerals'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, Solara Minerals'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.
Solara Minerals 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Solara Minerals's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Solara Minerals's 3-Year ROIIC % falls into.
Solara Minerals'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**
=
( -1.378 (Jun. 2025) - -0.834 (Jun. 2022) )
/
( 3.03 (Jun. 2025) - 159.733 (Jun. 2022) )
=
-0.544
/
-156.703
=
0.35%***
* 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.
Solara Minerals (ASX:SLA) has a 3-Year ROIIC % of 0.35 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 Solara Minerals and its competitors. This is near median its historical median of 0.35. Over the past decade, Solara Minerals' 3-Year ROIIC % has ranged from 0.35 to 0.35. According to the industry distribution chart, Solara Minerals ranks #1018 out of 2299 companies in the Metals & Mining industry, placing it in the top 44.3%.
Is Solara Minerals' 3-Year ROIIC % too high?
Solara Minerals' current 3-Year ROIIC % of 0.35 is near median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.35. Based on the distribution chart, Solara Minerals ranks #1018 out of 2299 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Solara Minerals' 3-Year ROIIC % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Solara Minerals ranks #1018 out of 2299 companies for 3-Year ROIIC %. This puts Solara Minerals in the upper half of its industry. Historically, Solara Minerals' own 3-Year ROIIC % has ranged from 0.35 to 0.35 over the past decade. 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 Solara Minerals and its competitors. Solara Minerals's current 3-Year ROIIC % is 0.35, which is near median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solara Minerals stock overvalued right now?
Solara Minerals (ASX:SLA) has a current 3-Year ROIIC % of 0.35. The current 3-Year ROIIC % is 0.35, which is near median its 10-year median of 0.35. 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 Solara Minerals (ASX:SLA), the current 3-Year ROIIC % is 0.35 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.
Solara Minerals Ltd is engaged in Mineral exploration and mining. The company's project includes the Stansmore Project, Bow River Project, Degrussa West Project, and Wilgeena Project. The company operates as a single segment, which is mineral exploration, and in a single geographical location, Australia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:SLA has been successfully added to your 