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Bluelake Mineral ABNGM:BLUE -4.85%32 3-Year ROIIC % is 392.13 as of Dec. 2025, which is 48916% above its 10-year median of 0.80. GuruFocus rates NGM:BLUE with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 2,303 Metals & Mining companies, Bluelake Mineral AB ranks better than 94.49% 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.
Bluelake Mineral AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 392.13%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Bluelake Mineral AB's 3-Year ROIIC % or its related term are showing as below:
NGM:BLUE's 3-Year ROIIC % is ranked better than 94.49% of 2303
companies
in the Metals & Mining industry
Industry Median: -2.54
vs NGM:BLUE: 392.13
Bluelake Mineral AB (NGM:BLUE) 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.
Bluelake Mineral AB 3-Year ROIIC % Related Terms
Bluelake Mineral AB 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Bluelake Mineral AB'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.
Bluelake Mineral AB 3-Year ROIIC % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Bluelake Mineral AB'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.
Bluelake Mineral AB 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Bluelake Mineral AB's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Bluelake Mineral AB's 3-Year ROIIC % falls into.
Bluelake Mineral AB'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**
=
( -41.543 (Dec. 2025) - -5.808 (Dec. 2022) )
/
( 54.454 (Dec. 2025) - 63.567 (Dec. 2022) )
=
-35.735
/
-9.113
=
392.13%***
* 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.
Bluelake Mineral AB (NGM:BLUE) has a 3-Year ROIIC % of 392.13 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 Bluelake Mineral AB and its competitors. This is 48916% above median its historical median of 0.80. According to the industry distribution chart, Bluelake Mineral AB ranks #127 out of 2303 companies in the Metals & Mining industry, placing it in the top 5.5%.
Is Bluelake Mineral AB's 3-Year ROIIC % too high?
Bluelake Mineral AB's current 3-Year ROIIC % of 392.13 is 48916% above median its 10-year median of 0.80. Based on the distribution chart, Bluelake Mineral AB ranks #127 out of 2303 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Bluelake Mineral AB has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Bluelake Mineral AB's 3-Year ROIIC % compare to competitors?
According to the Metals & Mining industry distribution chart, Bluelake Mineral AB ranks #127 out of 2303 companies for 3-Year ROIIC %. This places Bluelake Mineral AB in the top 6% of its industry — outperforming the majority of peers. 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 Bluelake Mineral AB and its competitors. Bluelake Mineral AB's current 3-Year ROIIC % is 392.13, which is 48916% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bluelake Mineral AB stock overvalued right now?
Bluelake Mineral AB (NGM:BLUE) has a current 3-Year ROIIC % of 392.13. The current 3-Year ROIIC % is 392.13, which is 48916% above median its 10-year median of 0.80. Bluelake Mineral AB's overall GF Score™ is 32/100 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 Bluelake Mineral AB (NGM:BLUE), the current 3-Year ROIIC % is 392.13 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.
Bluelake Mineral AB is an independent mining company. It is engaged in mine development of copper and zinc resources as well as the exploration of nickel, gold, and oil. The company also owns the nickel projects Ronnbacken and Orrbacken in Sweden.
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