Nickel 28 CapitalCONXF +7.13%36 3-Year ROIIC % is -9.43 as of Jan. 2026. GuruFocus rates CONXF with a GF Score™ of 36/100. Among 2,300 Metals & Mining companies, Nickel 28 Capital ranks worse than 59.91% 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.
Nickel 28 Capital's 3-Year ROIIC % for the quarter that ended in Jan. 2026 was -9.43%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nickel 28 Capital's 3-Year ROIIC % or its related term are showing as below:
CONXF's 3-Year ROIIC % is ranked worse than 59.91% of 2300
companies
in the Metals & Mining industry
Industry Median: -2.49
vs CONXF: -9.43
Nickel 28 Capital (OTCPK:CONXF) 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.
Nickel 28 Capital 3-Year ROIIC % Related Terms
Nickel 28 Capital 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nickel 28 Capital'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.
Nickel 28 Capital 3-Year ROIIC % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital'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.
Nickel 28 Capital 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nickel 28 Capital'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.
Nickel 28 Capital (CONXF) has a 3-Year ROIIC % of -9.43 as of Jan. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Nickel 28 Capital and its competitors. According to the industry distribution chart, Nickel 28 Capital ranks #1378 out of 2300 companies in the Metals & Mining industry, placing it in the top 59.9%.
Is Nickel 28 Capital's 3-Year ROIIC % too high?
Nickel 28 Capital's current 3-Year ROIIC % is -9.43. Based on the distribution chart, Nickel 28 Capital ranks #1378 out of 2300 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Nickel 28 Capital has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Nickel 28 Capital's 3-Year ROIIC % compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel 28 Capital ranks #1378 out of 2300 companies for 3-Year ROIIC %. This places Nickel 28 Capital in the lower 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 Nickel 28 Capital and its competitors. Nickel 28 Capital's current 3-Year ROIIC % is -9.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel 28 Capital stock overvalued right now?
Nickel 28 Capital (CONXF) has a current 3-Year ROIIC % of -9.43. The current 3-Year ROIIC % is -9.43. Nickel 28 Capital's overall GF Score™ is 36/100. 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 Nickel 28 Capital (CONXF), the current 3-Year ROIIC % is -9.43 as of Jan. 2026. 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.
Nickel 28 Capital Corp is a base metals company offering direct exposure to nickel and cobalt. The Company holds a joint-venture interest in the producing Ramu Nickel-Cobalt Operation in Papua New Guinea and manages a portfolio of nickel and cobalt royalties in projects in Canada, Australia, and Papua New Guinea, including royalties in the Dumont nickel project in Quebec and the Turnagain nickel project in British Columbia. The Company is engaged in the management and acquisition of joint venture and royalty interests in the nickel and cobalt sectors. Its primary focus is on opportunities that could provide shareholders with near-term cash flow and royalties on production and exploration-stage nickel and/or cobalt properties. The Company operates in Canada and Asia Pacific.
36GF Score
Get the complete analysis for CONXF
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CONXF has been successfully added to your 
