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Freeman Gold (STU:3WU) 3-Year ROIIC % : 13.06% (As of Nov. 2023)


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What is Freeman Gold 3-Year ROIIC %?

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. Freeman Gold's 3-Year ROIIC % for the quarter that ended in Nov. 2023 was 13.06%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Freeman Gold's 3-Year ROIIC % or its related term are showing as below:

STU:3WU's 3-Year ROIIC % is ranked better than
74.77% of 2184 companies
in the Metals & Mining industry
Industry Median: -4.34 vs STU:3WU: 13.06

Freeman Gold 3-Year ROIIC % Historical Data

The historical data trend for Freeman 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.

* Premium members only.

Freeman Gold 3-Year ROIIC % Chart

Freeman Gold Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
3-Year ROIIC %
Get a 7-Day Free Trial - - - -12.73 13.06

Freeman Gold Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 13.06 - - -

Competitive Comparison of Freeman Gold's 3-Year ROIIC %

For the Gold subindustry, Freeman 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.


Freeman Gold's 3-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Freeman Gold's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Freeman Gold's 3-Year ROIIC % falls into.



Freeman Gold 3-Year ROIIC % Calculation

Freeman Gold's 3-Year ROIIC % for the quarter that ended in Nov. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -1.209 (Nov. 2023) - -2.711 (Nov. 2020) )/( 18.352 (Nov. 2023) - 5.748 (Nov. 2020) )
=1.502/12.604
=11.92%***

* 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.


Freeman Gold  (STU:3WU) 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.


Freeman Gold 3-Year ROIIC % Related Terms

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Freeman Gold Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 1600, Vancouver, BC, CAN, V7X 1L4
Freeman Gold Corp is a Canada-based mineral exploration and development company. The company primarily explores for gold. It is focused on the Lemhi gold project.

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