Baru Gold (FRA:WG3N) 3-Year ROIIC % : -11.52% (As of Aug. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Baru Gold 3-Year ROIIC %?

Baru Gold FRA:WG3N -20.00% 3-Year ROIIC % is -11.52 as of Aug. 2025. The stock has 1 warning sign investors should review. Among 2,297 Metals & Mining companies, Baru Gold ranks worse than 61.73% 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. Baru Gold's 3-Year ROIIC % for the quarter that ended in Aug. 2025 was -11.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

FRA:WG3N's 3-Year ROIIC % is ranked worse than
61.73% of 2297 companies
in the Metals & Mining industry
Industry Median: -2.71 vs FRA:WG3N: -11.52

Baru Gold  (FRA:WG3N) 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.


Baru Gold 3-Year ROIIC % Related Terms


Baru Gold 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Baru Gold'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.

Baru Gold 3-Year ROIIC % Chart

Baru Gold Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -56.26 -12.89 -9.99 28.57 -11.52

Baru Gold Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 -11.52 0.00 0.00 0.00

FRA:WG3N vs NEM, AU: 3-Year ROIIC % Comparison

For the Gold subindustry, Baru Gold'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.


Baru Gold 3-Year ROIIC % vs Metals & Mining Industry

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

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



Baru Gold 3-Year ROIIC % Calculation

Baru Gold's 3-Year ROIIC % for the quarter that ended in Aug. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -1.753 (Aug. 2025) - -1.588 (Aug. 2022) )/( 8.691 (Aug. 2025) - 5.772 (Aug. 2022) )
=-0.165/2.919
=-5.65%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -11.52 mean?
Baru Gold (FRA:WG3N) has a 3-Year ROIIC % of -11.52 as of Aug. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Baru Gold and its competitors. According to the industry distribution chart, Baru Gold ranks #1418 out of 2297 companies in the Metals & Mining industry, placing it in the top 61.7%.
Is Baru Gold's 3-Year ROIIC % too high?
Baru Gold's current 3-Year ROIIC % is -11.52. Based on the distribution chart, Baru Gold ranks #1418 out of 2297 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Baru Gold's 3-Year ROIIC % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Baru Gold ranks #1418 out of 2297 companies for 3-Year ROIIC %. This places Baru Gold 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 Baru Gold and its competitors. Baru Gold's current 3-Year ROIIC % is -11.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baru Gold stock overvalued right now?
Baru Gold (FRA:WG3N) has a current 3-Year ROIIC % of -11.52. The current 3-Year ROIIC % is -11.52. 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 Baru Gold (FRA:WG3N), the current 3-Year ROIIC % is -11.52 as of Aug. 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.

Baru Gold Business Description

Other Exchanges BARUF:USABARU:Canada
Address 1021 West Hastings Street, Suite 900, Vancouver, BC, CAN, V6E 0C3
Baru Gold Corp is an Indonesian-based Canadian mineral exploration and evaluation company. The company is building a new gold production facility in Indonesia. It is a junior gold developer with NI43-101 gold resources. Its projects include the Sangihe Gold project and the Indonesian Focus.