FRSAF (First Au) 3-Year ROIIC % : 2,018.52% (As of Dec. 2025)


What is First Au 3-Year ROIIC %?

First Au FRSAF +908.33% 3-Year ROIIC % is 2,018.52 as of Dec. 2025. The stock has 1 warning sign investors should review. Among 2,300 Metals & Mining companies, First Au ranks better than 98% 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. First Au's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 2,018.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

FRSAF's 3-Year ROIIC % is ranked better than
98% of 2300 companies
in the Metals & Mining industry
Industry Median: -2.535 vs FRSAF: 2018.52

First Au  (OTCPK:FRSAF) 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.

First Au 3-Year ROIIC % Related Terms

First Au 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for First Au'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.

First Au 3-Year ROIIC % Chart

First Au Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.63 -129.13 -369.03 -555.24 2,018.52

First Au Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -369.03 0.00 -555.24 0.00 2,018.52

FRSAF vs NEM, AU: 3-Year ROIIC % Comparison

For the Gold subindustry, First Au'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.

First Au 3-Year ROIIC % vs Metals & Mining Industry

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

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


First Au 3-Year ROIIC % Calculation

First Au's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -1.947 (Dec. 2025) - -2.713 (Dec. 2022) )/( 1.672 (Dec. 2025) - 1.661 (Dec. 2022) )
=0.766/0.011
=6,963.64%***

* 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 2,018.52 mean?
First Au (FRSAF) has a 3-Year ROIIC % of 2,018.52 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on First Au and its competitors. According to the industry distribution chart, First Au ranks #46 out of 2300 companies in the Metals & Mining industry, placing it in the top 2%.
Is First Au's 3-Year ROIIC % too high?
First Au's current 3-Year ROIIC % is 2,018.52. Based on the distribution chart, First Au ranks #46 out of 2300 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does First Au's 3-Year ROIIC % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, First Au ranks #46 out of 2300 companies for 3-Year ROIIC %. This places First Au in the top 2% of its industry — outperforming the majority of peers. 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 First Au and its competitors. First Au's current 3-Year ROIIC % is 2,018.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Au stock overvalued right now?
First Au (FRSAF) has a current 3-Year ROIIC % of 2,018.52. The current 3-Year ROIIC % is 2,018.52. 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 First Au (FRSAF), the current 3-Year ROIIC % is 2,018.52 as of Dec. 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.

First Au Business Description

Other Exchanges FAU:Australia
Address 295 Rokeby Road, Suite 1, Subiaco, WA, AUS, 6008
First Au Ltd is engaged in the exploration of gold and base metals in Western Australia. It Victorian Gold Project and Gimlet Gold Project. The company operates in Exploration and Evaluation Segment in Western Australia and Victoria. The company operates in one segment: Exploration and Evaluation Segment, which involves exploration and development in Western Australia, Victoria and Liberia - West Africa.