Hanstone GoldHANCF 3-Year ROIIC % is 16.52 as of Dec. 2025, which is 96% below its 10-year median of 374.28. The stock has 3 warning signs investors should review. Among 2,305 Metals & Mining companies, Hanstone Gold ranks better than 72.1% 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.
Hanstone Gold's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 16.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hanstone Gold's 3-Year ROIIC % or its related term are showing as below:
HANCF's 3-Year ROIIC % is ranked better than 72.1% of 2305
companies
in the Metals & Mining industry
Industry Median: -2.53
vs HANCF: 16.52
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.
Hanstone Gold 3-Year ROIIC % Related Terms
Hanstone Gold 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Hanstone 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.
For the Other Industrial Metals & Mining subindustry, Hanstone 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.
Hanstone Gold 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hanstone Gold's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hanstone Gold's 3-Year ROIIC % falls into.
Hanstone Gold'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**
=
( -0.726 (Dec. 2025) - -0.893 (Dec. 2022) )
/
( 2.005 (Dec. 2025) - 1.092 (Dec. 2022) )
=
0.167
/
0.913
=
18.29%***
* 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.
Hanstone Gold (HANCF) has a 3-Year ROIIC % of 16.52 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 Hanstone Gold and its competitors. This is 96% below median its historical median of 374.28. Over the past decade, Hanstone Gold's 3-Year ROIIC % has ranged from 16.52 to 534.96. According to the industry distribution chart, Hanstone Gold ranks #643 out of 2305 companies in the Metals & Mining industry, placing it in the top 27.9%.
Is Hanstone Gold's 3-Year ROIIC % too high?
Hanstone Gold's current 3-Year ROIIC % of 16.52 is 96% below median its 10-year median of 374.28. Over the past 10 years, this metric has ranged from a low of 16.52 to a high of 534.96. Based on the distribution chart, Hanstone Gold ranks #643 out of 2305 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Hanstone Gold's 3-Year ROIIC % compare to competitors?
According to the Metals & Mining industry distribution chart, Hanstone Gold ranks #643 out of 2305 companies for 3-Year ROIIC %. This puts Hanstone Gold in the upper half of its industry. Historically, Hanstone Gold's own 3-Year ROIIC % has ranged from 16.52 to 534.96 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 Hanstone Gold and its competitors. Hanstone Gold's current 3-Year ROIIC % is 16.52, which is 96% below median its own 10-year median of 374.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanstone Gold stock overvalued right now?
Hanstone Gold (HANCF) has a current 3-Year ROIIC % of 16.52. The current 3-Year ROIIC % is 16.52, which is 96% below median its 10-year median of 374.28. 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 Hanstone Gold (HANCF), the current 3-Year ROIIC % is 16.52 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.
Hanstone Gold Corp is a mineral exploration company. The company is focused on the exploration of its Doc Property located in the Skeena Mining Division in British Columbia. Its project includes Doc, Snip North, and others.
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