FortescueFSUGY +0.49%77 3-Year ROIIC % is -57.04 as of Jun. 2025. GuruFocus rates FSUGY with a GF Score™ of 77/100 and a GF Value™ of $28.81 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,300 Metals & Mining companies, Fortescue ranks worse than 79.57% 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.
Fortescue's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was -57.04%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Fortescue's 3-Year ROIIC % or its related term are showing as below:
FSUGY's 3-Year ROIIC % is ranked worse than 79.57% of 2300
companies
in the Metals & Mining industry
Industry Median: -2.51
vs FSUGY: -57.04
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.
Fortescue 3-Year ROIIC % Related Terms
Fortescue 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Fortescue'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.
For the Other Industrial Metals & Mining subindustry, Fortescue'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.
Fortescue 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortescue's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Fortescue's 3-Year ROIIC % falls into.
Fortescue's 3-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 3379.245 (Jun. 2025) - 6321.312 (Jun. 2022) )
/
( 25029 (Jun. 2025) - 22329 (Jun. 2022) )
=
-2942.067
/
2700
=
-108.97%***
* 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.
Fortescue (FSUGY) has a 3-Year ROIIC % of -57.04 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Fortescue and its competitors. According to the industry distribution chart, Fortescue ranks #1830 out of 2300 companies in the Metals & Mining industry, placing it in the top 79.6%.
Is Fortescue's 3-Year ROIIC % too high?
Fortescue's current 3-Year ROIIC % is -57.04. Based on the distribution chart, Fortescue ranks #1830 out of 2300 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Fortescue has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fortescue's 3-Year ROIIC % compare to competitors?
According to the Metals & Mining industry distribution chart, Fortescue ranks #1830 out of 2300 companies for 3-Year ROIIC %. This places Fortescue 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 Fortescue and its competitors. Fortescue's current 3-Year ROIIC % is -57.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortescue stock overvalued right now?
Based on GuruFocus' analysis, Fortescue (FSUGY) is currently considered Modestly Undervalued. The stock's GF Value™ is $28.81, compared to a current price of $25.67 — trading 10.9% below its estimated fair value. The current 3-Year ROIIC % is -57.04. Fortescue's overall GF Score™ is 77/100 with 6 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 Fortescue (FSUGY), the current 3-Year ROIIC % is -57.04 as of Jun. 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.
Is Fortescue (FSUGY) Overvalued in 2026?
Based on GuruFocus' analysis, Fortescue stock appears to be undervalued.
The current stock price of $25.67 is trading 10.9% below its estimated GF Value™ of $28.81.
GuruFocus considers Fortescue to be Modestly Undervalued.
Key valuation signals for FSUGY:
3-Year ROIIC %: -57.04
GF Value™: $28.81 vs. price of $25.67 (10.9% below fair value)
No single metric tells the full story. See the FSUGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortescue is an Australia-based iron ore miner. It has grown from obscurity at the start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 195 million metric tons in 2025 means Fortescue supplies around 10% of global seaborne iron ore. Further expansion to about 210 million metric tons is likely once its 22 million metric ton Iron Bridge magnetite mine ramps up, likely in 2028. However, with longer-term demand likely to decline as China's economy matures, its future margins are likely to be below historical averages. More recently, Fortescue diversified into copper and green energy. It has big ambitions here, but its efforts are at an early stage.
77GF Score
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