Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Newlox Gold VenturesNWLXF +4.00% 3-Year ROIIC % is -18.99 as of Mar. 2025. The stock has 4 warning signs investors should review. Among 230 Waste Management companies, Newlox Gold Ventures ranks worse than 81.74% 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.
Newlox Gold Ventures's 3-Year ROIIC % for the quarter that ended in Mar. 2025 was -18.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Newlox Gold Ventures's 3-Year ROIIC % or its related term are showing as below:
NWLXF's 3-Year ROIIC % is ranked worse than 81.74% of 230
companies
in the Waste Management industry
Industry Median: 3.505
vs NWLXF: -18.99
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.
Newlox Gold Ventures 3-Year ROIIC % Related Terms
Newlox Gold Ventures 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Newlox Gold Ventures'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 Waste Management subindustry, Newlox Gold Ventures'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.
Newlox Gold Ventures 3-Year ROIIC % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Newlox Gold Ventures's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Newlox Gold Ventures's 3-Year ROIIC % falls into.
Newlox Gold Ventures's 3-Year ROIIC % for the quarter that ended in Mar. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -1.6776466 (Mar. 2025) - -0.874 (Mar. 2022) )
/
( 9.003 (Mar. 2025) - 4.796 (Mar. 2022) )
=
-0.8036466
/
4.207
=
-19.10%***
* 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.
Newlox Gold Ventures (NWLXF) has a 3-Year ROIIC % of -18.99 as of Mar. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Newlox Gold Ventures and its competitors. According to the industry distribution chart, Newlox Gold Ventures ranks #188 out of 230 companies in the Waste Management industry, placing it in the top 81.7%.
Is Newlox Gold Ventures' 3-Year ROIIC % too high?
Newlox Gold Ventures' current 3-Year ROIIC % is -18.99. Based on the distribution chart, Newlox Gold Ventures ranks #188 out of 230 companies in the Waste Management industry, which is in the bottom quartile relative to peers.
How does Newlox Gold Ventures' 3-Year ROIIC % compare to WM and RSG?
According to the Waste Management industry distribution chart, Newlox Gold Ventures ranks #188 out of 230 companies for 3-Year ROIIC %. This places Newlox Gold Ventures in the lower half of its industry. The industry median 3-Year ROIIC % is 3.51. 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 Waste Management company?
The median 3-Year ROIIC % among Waste Management companies is 3.51, based on 230 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. 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 Newlox Gold Ventures and its competitors. For the Waste Management industry, the median 3-Year ROIIC % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newlox Gold Ventures's current 3-Year ROIIC % is -18.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newlox Gold Ventures stock overvalued right now?
Based on GuruFocus' analysis, Newlox Gold Ventures (NWLXF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.02, compared to a current price of $0.03 — trading 30% above its estimated fair value. The current 3-Year ROIIC % is -18.99. 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 Newlox Gold Ventures (NWLXF), the current 3-Year ROIIC % is -18.99 as of Mar. 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.
Newlox Gold Ventures Corp is a Canada based environmental reclamation and mineral recovery company and is in the business of undertaking projects for the purpose of operating tailings remediation and fold recovery in Costa Rica.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NWLXF has been successfully added to your 
