Gold FieldsGFIOF 91 3-Year ROIIC % is 32.45 as of Dec. 2025, which is 110% above its 10-year median of 15.47. GuruFocus rates GFIOF with a GF Score™ of 91/100 and a GF Value™ of $41.01 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,300 Metals & Mining companies, Gold Fields ranks better than 78.74% 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.
Gold Fields's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 32.45%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Gold Fields's 3-Year ROIIC % or its related term are showing as below:
GFIOF's 3-Year ROIIC % is ranked better than 78.74% of 2300
companies
in the Metals & Mining industry
Industry Median: -2.51
vs GFIOF: 32.45
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.
Gold Fields 3-Year ROIIC % Related Terms
Gold Fields 3-Year ROIIC % Historical Data
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The historical data trend for Gold Fields'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, Gold Fields'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.
Gold Fields 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Gold Fields's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Gold Fields'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.
Gold Fields (GFIOF) has a 3-Year ROIIC % of 32.45 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 Gold Fields and its competitors. This is 110% above median its historical median of 15.47. Over the past decade, Gold Fields' 3-Year ROIIC % has ranged from 6.47 to 95.09. According to the industry distribution chart, Gold Fields ranks #489 out of 2300 companies in the Metals & Mining industry, placing it in the top 21.3%.
Is Gold Fields' 3-Year ROIIC % too high?
Gold Fields' current 3-Year ROIIC % of 32.45 is 110% above median its 10-year median of 15.47. Over the past 10 years, this metric has ranged from a low of 6.47 to a high of 95.09. Based on the distribution chart, Gold Fields ranks #489 out of 2300 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Gold Fields has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gold Fields' 3-Year ROIIC % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Gold Fields ranks #489 out of 2300 companies for 3-Year ROIIC %. This places Gold Fields in the top 21% of its industry — outperforming the majority of peers. Historically, Gold Fields' own 3-Year ROIIC % has ranged from 6.47 to 95.09 over the past decade. 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 Gold Fields and its competitors. Gold Fields's current 3-Year ROIIC % is 32.45, which is 110% above median its own 10-year median of 15.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Fields stock overvalued right now?
Based on GuruFocus' analysis, Gold Fields (GFIOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.01, compared to a current price of $35.80 — trading 12.7% below its estimated fair value. The current 3-Year ROIIC % is 32.45, which is 110% above median its 10-year median of 15.47. Gold Fields' overall GF Score™ is 91/100 with 2 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 Gold Fields (GFIOF), the current 3-Year ROIIC % is 32.45 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.
Is Gold Fields (GFIOF) Overvalued in 2026?
Based on GuruFocus' analysis, Gold Fields stock appears to be undervalued.
The current stock price of $35.80 is trading 12.7% below its estimated GF Value™ of $41.01.
GuruFocus considers Gold Fields to be Modestly Undervalued.
Key valuation signals for GFIOF:
3-Year ROIIC %: 32.45 (110% above median its 10-year median of 15.47)
GF Value™: $41.01 vs. price of $35.80 (12.7% below fair value)
No single metric tells the full story. See the GFIOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gold Fields Ltd is a producer of gold and is a holder of gold reserves and resources in South Africa, Ghana, Australia, and Peru. In Peru, the company also produces copper. The company is involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing, and smelting. It conducts underground and surface mining operations at St. Ives, underground-only operations at Agnew, Granny Smith, and South Deep, and surface-only open pit mining at Damang, Tarkwa, and Cerro Corona. The company's revenues are derived from the sale of gold that it produces.
91GF Score
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