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Trek Metals (ASX:TKM) 3-Year ROIIC % : -11.34% (As of Mar. 2024)


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What is Trek Metals 3-Year ROIIC %?

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. Trek Metals's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was -11.34%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Trek Metals's 3-Year ROIIC % or its related term are showing as below:

ASX:TKM's 3-Year ROIIC % is ranked worse than
61.11% of 2188 companies
in the Metals & Mining industry
Industry Median: -3.26 vs ASX:TKM: -11.34

Trek Metals 3-Year ROIIC % Historical Data

The historical data trend for Trek Metals'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.

* Premium members only.

Trek Metals 3-Year ROIIC % Chart

Trek Metals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,066.42 111.44 -189.49 6.18 -11.34

Trek Metals Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 6.18 - -11.34 -

Competitive Comparison of Trek Metals's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Trek Metals'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.


Trek Metals's 3-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Trek Metals's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Trek Metals's 3-Year ROIIC % falls into.


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Trek Metals 3-Year ROIIC % Calculation

Trek Metals's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -1.96 (Mar. 2024) - -0.681 (Mar. 2021) )/( 13.412 (Mar. 2024) - 2.136 (Mar. 2021) )
=-1.279/11.276
=-11.34%***

* 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.


Trek Metals  (ASX:TKM) 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.


Trek Metals 3-Year ROIIC % Related Terms

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Trek Metals Business Description

Traded in Other Exchanges
N/A
Address
2 Centro Avenue, Suite 5, Subiaco East, WA, AUS, 6008
Trek Metals Ltd is engaged in the exploration and evolution of mineral properties in Zambia. The principal activities of the Company are to progress the exploration of its mineral properties and to identify suitable acquisitions in the mineral resources sector. The company's projects include Kroussou Project, Lawn Hill Project, and Kangaluwi Copper Project.

Trek Metals Headlines

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