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.
Odyssey Marine Exploration's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -23.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Odyssey Marine Exploration's 3-Year ROIIC % or its related term are showing as below:
OMEX's 3-Year ROIIC % is ranked worse than 69.73% of 2299
companies
in the Metals & Mining industry
Industry Median: -2.53
vs OMEX: -23.81
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.
Odyssey Marine Exploration 3-Year ROIIC % Related Terms
Odyssey Marine Exploration 3-Year ROIIC % Historical Data
* 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.
OMEX vs RNGE, WWR, FNUC: 3-Year ROIIC % Comparison
For the Other Industrial Metals & Mining subindustry, Odyssey Marine Exploration'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.
Odyssey Marine Exploration 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Odyssey Marine Exploration's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Odyssey Marine Exploration's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -13.431 (Dec. 2025) - -17.853 (Dec. 2022) )
/
( 13.598 (Dec. 2025) - 32.17 (Dec. 2022) )
=
4.422
/
-18.572
=
-23.81%***
* 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.
Odyssey Marine Exploration (OMEX) has a 3-Year ROIIC % of -23.81 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 Odyssey Marine Exploration and its competitors. According to the industry distribution chart, Odyssey Marine Exploration ranks #1603 out of 2299 companies in the Metals & Mining industry, placing it in the top 69.7%.
Is Odyssey Marine Exploration's 3-Year ROIIC % too high?
Odyssey Marine Exploration's current 3-Year ROIIC % is -23.81. Based on the distribution chart, Odyssey Marine Exploration ranks #1603 out of 2299 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Odyssey Marine Exploration has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odyssey Marine Exploration's 3-Year ROIIC % compare to RNGE and WWR?
According to the Metals & Mining industry distribution chart, Odyssey Marine Exploration ranks #1603 out of 2299 companies for 3-Year ROIIC %. This places Odyssey Marine Exploration 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 Odyssey Marine Exploration and its competitors. Odyssey Marine Exploration's current 3-Year ROIIC % is -23.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odyssey Marine Exploration stock overvalued right now?
Based on GuruFocus' analysis, Odyssey Marine Exploration (OMEX) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.36, compared to a current price of $0.74 — trading 104.4% above its estimated fair value. The current 3-Year ROIIC % is -23.81. Odyssey Marine Exploration's overall GF Score™ is 14/100 with 6 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 Odyssey Marine Exploration (OMEX), the current 3-Year ROIIC % is -23.81 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 Odyssey Marine Exploration (OMEX) Overvalued in 2026?
Based on GuruFocus' analysis, Odyssey Marine Exploration stock appears to be overvalued.
The current stock price of $0.74 is trading 104.4% above its estimated GF Value™ of $0.36.
GuruFocus considers Odyssey Marine Exploration to be Significantly Overvalued.
Key valuation signals for OMEX:
3-Year ROIIC %: -23.81
GF Value™: $0.36 vs. price of $0.74 (104.4% above fair value)
No single metric tells the full story. See the OMEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Odyssey Marine Exploration Inc is a deep-ocean exploration company. It discovers, validates, and develops high-value seafloor mineral resources and provides specialized mineral exploration, project development, and marine services to its clients. The company's subsea project portfolio contains multiple projects in various stages of development, such as the Phosagmex Project, a rich deposit of phosphate sands located seventy-ninety meters deep within the Mexican EEZ; two polymetallic nodule exploration license holders in the Cook Islands' EEZ; the Lihir Gold Project, a subsea area that contains several prospective gold exploration targets located in the Papua New Guinea Exclusive Economic Zone (EEZ); and others.
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