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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.
Major Drilling Group International's 3-Year ROIIC % for the quarter that ended in Apr. 2026 was -36.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
FRA:3MJ's 3-Year ROIIC % is ranked worse than 74.88% of 2309
companies
in the Metals & Mining industry
Industry Median: -2.53
vs FRA:3MJ: -36.16
Major Drilling Group International (FRA:3MJ) 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.
Major Drilling Group International 3-Year ROIIC % Related Terms
Major Drilling Group International 3-Year ROIIC % Historical Data
* 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.
Major Drilling Group International 3-Year ROIIC % Chart
Major Drilling Group International 3-Year ROIIC % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Major Drilling Group International'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.
Major Drilling Group International 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Major Drilling Group International'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.
Major Drilling Group International (FRA:3MJ) has a 3-Year ROIIC % of -36.16 as of Apr. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Major Drilling Group International and its competitors. According to the industry distribution chart, Major Drilling Group International ranks #1729 out of 2309 companies in the Metals & Mining industry, placing it in the top 74.9%.
Is Major Drilling Group International's 3-Year ROIIC % too high?
Major Drilling Group International's current 3-Year ROIIC % is -36.16. Based on the distribution chart, Major Drilling Group International ranks #1729 out of 2309 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Major Drilling Group International has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's 3-Year ROIIC % compare to competitors?
According to the Metals & Mining industry distribution chart, Major Drilling Group International ranks #1729 out of 2309 companies for 3-Year ROIIC %. This places Major Drilling Group International 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 Major Drilling Group International and its competitors. Major Drilling Group International's current 3-Year ROIIC % is -36.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Drilling Group International stock overvalued right now?
Based on GuruFocus' analysis, Major Drilling Group International (FRA:3MJ) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.06, compared to a current price of €8.75 — trading 23.9% above its estimated fair value. The current 3-Year ROIIC % is -36.16. Major Drilling Group International's overall GF Score™ is 89/100 with 4 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 Major Drilling Group International (FRA:3MJ), the current 3-Year ROIIC % is -36.16 as of Apr. 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.
Is Major Drilling Group International (FRA:3MJ) Overvalued in 2026?
Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued.
The current stock price of €8.75 is trading 23.9% above its estimated GF Value™ of €7.06.
GuruFocus considers Major Drilling Group International to be Modestly Overvalued.
Key valuation signals for FRA:3MJ:
3-Year ROIIC %: -36.16
GF Value™: €7.06 vs. price of €8.75 (23.9% above fair value)
No single metric tells the full story. See the FRA:3MJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Major Drilling Group International Business Description
Major Drilling Group International Inc consists of contract drilling for companies mainly involved in mining and mineral exploration. The Company has operations in North America, South America, Australia, Asia, and Africa. Its services are Surface Drilling Services, and Underground Drilling Services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which majority of its revenue comes from South and Central America.
89GF Score
Get the complete analysis for FRA:3MJ
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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