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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.
Maritana Minerals's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was -11.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Maritana Minerals's 3-Year ROIIC % or its related term are showing as below:
HRZMF's 3-Year ROIIC % is ranked worse than 61.5% of 2309
companies
in the Metals & Mining industry
Industry Median: -2.53
vs HRZMF: -11.00
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.
Maritana Minerals 3-Year ROIIC % Related Terms
Maritana Minerals 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Maritana Minerals'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, Maritana Minerals'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.
Maritana Minerals 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Maritana Minerals's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Maritana Minerals's 3-Year ROIIC % falls into.
Maritana Minerals'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**
=
( -12.396 (Jun. 2025) - -3.305 (Jun. 2022) )
/
( 111.041 (Jun. 2025) - 28.253 (Jun. 2022) )
=
-9.091
/
82.788
=
-10.98%***
* 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.
Maritana Minerals (HRZMF) has a 3-Year ROIIC % of -11.00 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 Maritana Minerals and its competitors. According to the industry distribution chart, Maritana Minerals ranks #1420 out of 2309 companies in the Metals & Mining industry, placing it in the top 61.5%.
Is Maritana Minerals' 3-Year ROIIC % too high?
Maritana Minerals' current 3-Year ROIIC % is -11.00. Based on the distribution chart, Maritana Minerals ranks #1420 out of 2309 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Maritana Minerals has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maritana Minerals' 3-Year ROIIC % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Maritana Minerals ranks #1420 out of 2309 companies for 3-Year ROIIC %. This places Maritana Minerals 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 Maritana Minerals and its competitors. Maritana Minerals's current 3-Year ROIIC % is -11.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maritana Minerals stock overvalued right now?
Based on GuruFocus' analysis, Maritana Minerals (HRZMF) is currently considered Possible Value Trap. The stock's GF Value™ is $46.45, compared to a current price of $0.44 — trading 99.1% below its estimated fair value. The current 3-Year ROIIC % is -11.00. Maritana Minerals' overall GF Score™ is 27/100 with 3 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 Maritana Minerals (HRZMF), the current 3-Year ROIIC % is -11.00 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 Maritana Minerals (HRZMF) Overvalued in 2026?
Based on GuruFocus' analysis, Maritana Minerals stock appears to be undervalued.
The current stock price of $0.44 is trading 99.1% below its estimated GF Value™ of $46.45.
GuruFocus considers Maritana Minerals to be Possible Value Trap.
Key valuation signals for HRZMF:
3-Year ROIIC %: -11.00
GF Value™: $46.45 vs. price of $0.44 (99.1% below fair value)
No single metric tells the full story. See the HRZMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maritana Minerals Ltd is an emerging gold producer that operates in the Western Australian Goldfields. The group owned around 100% Black Swan processing hub (BSPH), located in Kalgoorlie-Boulder in the Eastern Goldfields region of Western Australia. The BSPH is strategically positioned within an established mining and processing corridor and benefits from proximity to high-quality regional infrastructure, including sealed highway access, existing connection to grid power, established mining services, and the city of Kalgoorlie-Boulder, which provides a skilled workforce, freight logistics, and regional airport facilities.
27GF Score
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