Lundin GoldLUGDF -0.30%89 3-Year ROIIC % is -120.41 as of Dec. 2025. GuruFocus rates LUGDF with a GF Score™ of 89/100 and a GF Value™ of $45.79 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,300 Metals & Mining companies, Lundin Gold ranks worse than 86.35% 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.
Lundin Gold's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -120.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Lundin Gold's 3-Year ROIIC % or its related term are showing as below:
LUGDF's 3-Year ROIIC % is ranked worse than 86.35% of 2300
companies
in the Metals & Mining industry
Industry Median: -2.49
vs LUGDF: -120.41
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.
Lundin Gold 3-Year ROIIC % Related Terms
Lundin Gold 3-Year ROIIC % Historical Data
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The historical data trend for Lundin 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 Gold subindustry, Lundin 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.
Lundin Gold 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lundin Gold's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Lundin Gold'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.
Lundin Gold (LUGDF) has a 3-Year ROIIC % of -120.41 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 Lundin Gold and its competitors. According to the industry distribution chart, Lundin Gold ranks #1986 out of 2300 companies in the Metals & Mining industry, placing it in the top 86.3%.
Is Lundin Gold's 3-Year ROIIC % too high?
Lundin Gold's current 3-Year ROIIC % is -120.41. Based on the distribution chart, Lundin Gold ranks #1986 out of 2300 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Lundin Gold has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lundin Gold's 3-Year ROIIC % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Lundin Gold ranks #1986 out of 2300 companies for 3-Year ROIIC %. This places Lundin Gold 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 Lundin Gold and its competitors. Lundin Gold's current 3-Year ROIIC % is -120.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lundin Gold stock overvalued right now?
Based on GuruFocus' analysis, Lundin Gold (LUGDF) is currently considered Modestly Overvalued. The stock's GF Value™ is $45.79, compared to a current price of $53.97 — trading 17.9% above its estimated fair value. The current 3-Year ROIIC % is -120.41. Lundin Gold's overall GF Score™ is 89/100 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 Lundin Gold (LUGDF), the current 3-Year ROIIC % is -120.41 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 Lundin Gold (LUGDF) Overvalued in 2026?
Based on GuruFocus' analysis, Lundin Gold stock appears to be overvalued.
The current stock price of $53.97 is trading 17.9% above its estimated GF Value™ of $45.79.
GuruFocus considers Lundin Gold to be Modestly Overvalued.
Key valuation signals for LUGDF:
3-Year ROIIC %: -120.41
GF Value™: $45.79 vs. price of $53.97 (17.9% above fair value)
No single metric tells the full story. See the LUGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lundin Gold Inc is a Canada based company focused on its Fruta del Norte gold operation and developing its portfolio of mineral concessions in Ecuador. The Fruta del Norte deposit is located within long copper-gold metallogenic sub-province located in the Cordillera del Condor region in southeastern Ecuador. The company[s primary business activity is the Fruta del Norte operating mine in Ecuador which derives majority of its revenues.
89GF Score
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