Fortune BayFTBYF -6.70%32 3-Year ROIIC % is -3.14 as of Dec. 2025. GuruFocus rates FTBYF with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 2,300 Metals & Mining companies, Fortune Bay ranks worse than 51.13% 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.
Fortune Bay's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -3.14%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Fortune Bay's 3-Year ROIIC % or its related term are showing as below:
FTBYF's 3-Year ROIIC % is ranked worse than 51.13% of 2300
companies
in the Metals & Mining industry
Industry Median: -2.535
vs FTBYF: -3.14
Fortune Bay (OTCPK:FTBYF) 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.
Fortune Bay 3-Year ROIIC % Related Terms
Fortune Bay 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Fortune Bay'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 Gold subindustry, Fortune Bay'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.
Fortune Bay 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortune Bay's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Fortune Bay's 3-Year ROIIC % falls into.
Fortune Bay'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**
=
( -1.06029 (Dec. 2025) - -1.0125404 (Dec. 2022) )
/
( 18.699 (Dec. 2025) - 16.945 (Dec. 2022) )
=
-0.0477496
/
1.754
=
-2.72%***
* 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.
Fortune Bay (FTBYF) has a 3-Year ROIIC % of -3.14 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 Fortune Bay and its competitors. According to the industry distribution chart, Fortune Bay ranks #1176 out of 2300 companies in the Metals & Mining industry, placing it in the top 51.1%.
Is Fortune Bay's 3-Year ROIIC % too high?
Fortune Bay's current 3-Year ROIIC % is -3.14. Based on the distribution chart, Fortune Bay ranks #1176 out of 2300 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Fortune Bay has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Bay's 3-Year ROIIC % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortune Bay ranks #1176 out of 2300 companies for 3-Year ROIIC %. This places Fortune Bay 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 Fortune Bay and its competitors. Fortune Bay's current 3-Year ROIIC % is -3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Bay stock overvalued right now?
Fortune Bay (FTBYF) has a current 3-Year ROIIC % of -3.14. The current 3-Year ROIIC % is -3.14. Fortune Bay's overall GF Score™ is 32/100 with 1 warning sign 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 Fortune Bay (FTBYF), the current 3-Year ROIIC % is -3.14 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.
Fortune Bay Corp is engaged in the acquisition, exploration, and development of mineral interests. It is in the process of exploring and evaluating its mineral properties in Canada and Mexico, which include the Poma Rosa Project which is located in the state of Chiapas, Mexico and the Goldfields Project, Murmac Uranium Project, and Strike Uranium Project in Canada. In addition, it has acquired the Woods Uranium Project, including the Spruce, Pine, Aspen, Birch, and Fir Projects located in the Northern Saskatchewan region of Canada.
32GF Score
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