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TharisaLSE:THS -0.87%71 3-Year ROIIC % is -27.18 as of Sep. 2025. GuruFocus rates LSE:THS with a GF Score™ of 71/100 and a GF Value™ of £0.88 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,307 Metals & Mining companies, Tharisa ranks worse than 71.52% 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.
Tharisa's 3-Year ROIIC % for the quarter that ended in Sep. 2025 was -27.18%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tharisa's 3-Year ROIIC % or its related term are showing as below:
LSE:THS's 3-Year ROIIC % is ranked worse than 71.52% of 2307
companies
in the Metals & Mining industry
Industry Median: -2.53
vs LSE:THS: -27.18
Tharisa (LSE:THS) 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.
Tharisa 3-Year ROIIC % Related Terms
Tharisa 3-Year ROIIC % Historical Data
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The historical data trend for Tharisa'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 Precious Metals & Mining subindustry, Tharisa'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.
Tharisa 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Tharisa's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tharisa'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.
Tharisa (LSE:THS) has a 3-Year ROIIC % of -27.18 as of Sep. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Tharisa and its competitors. According to the industry distribution chart, Tharisa ranks #1650 out of 2307 companies in the Metals & Mining industry, placing it in the top 71.5%.
Is Tharisa's 3-Year ROIIC % too high?
Tharisa's current 3-Year ROIIC % is -27.18. Based on the distribution chart, Tharisa ranks #1650 out of 2307 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Tharisa has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tharisa's 3-Year ROIIC % compare to HL and SIND?
According to the Metals & Mining industry distribution chart, Tharisa ranks #1650 out of 2307 companies for 3-Year ROIIC %. This places Tharisa 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 Tharisa and its competitors. Tharisa's current 3-Year ROIIC % is -27.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tharisa stock overvalued right now?
Based on GuruFocus' analysis, Tharisa (LSE:THS) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.88, compared to a current price of £1.14 — trading 29.5% above its estimated fair value. The current 3-Year ROIIC % is -27.18. Tharisa's overall GF Score™ is 71/100 with 7 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 Tharisa (LSE:THS), the current 3-Year ROIIC % is -27.18 as of Sep. 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 Tharisa (LSE:THS) Overvalued in 2026?
Based on GuruFocus' analysis, Tharisa stock appears to be overvalued.
The current stock price of £1.14 is trading 29.5% above its estimated GF Value™ of £0.88.
GuruFocus considers Tharisa to be Modestly Overvalued.
Key valuation signals for LSE:THS:
3-Year ROIIC %: -27.18
GF Value™: £0.88 vs. price of £1.14 (29.5% above fair value)
No single metric tells the full story. See the LSE:THS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tharisa PLC is an investment holding company. The company, along with its subsidiaries, is engaged in the exploitation of metals and minerals, principally PGMs and chrome and associated sales and logistics operations. It incorporates mining, processing, exploration, and the beneficiation, marketing, sales, and logistics of PGMs and chrome concentrates, using innovation and technology as enablers. The company operates through the following four segments: PGM segment, Chrome segment, Agency and trading segment, and Manufacturing segment. The majority of the revenue is derived from the Chrome segment. Geographically, it generates the maximum revenue from South Africa.
71GF Score
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