GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tudor Gold Corp (OTCPK:TDRRF) » Definitions » 3-Year ROIIC %

TDRRF (Tudor Gold) 3-Year ROIIC % : 3.41% (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Tudor 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. Tudor Gold's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 3.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TDRRF's 3-Year ROIIC % is ranked better than
65.71% of 2184 companies
in the Metals & Mining industry
Industry Median: -4.34 vs TDRRF: 3.41

Tudor Gold 3-Year ROIIC % Historical Data

The historical data trend for Tudor 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.

Tudor Gold 3-Year ROIIC % Chart

Tudor Gold Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.72 -29.81 -14.08 531.64 3.41

Tudor Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 3.41 - -

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

For the Gold subindustry, Tudor 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.


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

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

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



Tudor Gold 3-Year ROIIC % Calculation

Tudor Gold's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -7.9907473 (Mar. 2024) - -10.3617969 (Mar. 2021) )/( 89.184 (Mar. 2024) - 44.491 (Mar. 2021) )
=2.3710496/44.693
=5.31%***

* 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.


Tudor Gold  (OTCPK:TDRRF) 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.


Tudor Gold 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Tudor Gold's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tudor Gold Business Description

Traded in Other Exchanges
Address
999 West Hastings Street, Suite 789, Vancouver, BC, CAN, V6C 2W2
Tudor Gold Corp is a precious and base metals explorer with properties in British Columbia’s Golden Triangle, an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectares Treaty Creek project (in which Tudor Gold has a 60% interest) borders Seabridge Gold Inc.’s KSM property to the southwest and borders Pretium Resources Inc.’s Brucejack property to the southeast. The Company also has a 60% interest in the Electrum Project, earn in options and 100% interests in other prospective projects located in the Golden Triangle area.

Tudor Gold Headlines

From GuruFocus