TSGZF (Tristar Gold) 3-Year ROIIC % : -3.90% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSGZF Tristar Gold Inc TSGZF
28 GF Score
Price $0.12
! 1 Warning Sign
View Full Analysis

What is Tristar Gold 3-Year ROIIC %?

Tristar Gold TSGZF 28 3-Year ROIIC % is -3.90 as of Dec. 2025. GuruFocus rates TSGZF with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 2,307 Metals & Mining companies, Tristar Gold ranks worse than 52.97% 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. Tristar Gold's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -3.90%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSGZF's 3-Year ROIIC % is ranked worse than
52.97% of 2307 companies
in the Metals & Mining industry
Industry Median: -2.53 vs TSGZF: -3.90

Tristar Gold  (OTCPK:TSGZF) 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.


Tristar Gold 3-Year ROIIC % Related Terms


Tristar Gold 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Tristar 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.

Tristar Gold 3-Year ROIIC % Chart

Tristar Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.11 -0.76 -0.91 -2.50 -3.90

Tristar Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 -3.90 0.00

TSGZF vs NEM, AU: 3-Year ROIIC % Comparison

For the Gold subindustry, Tristar 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.


Tristar Gold 3-Year ROIIC % vs Metals & Mining Industry

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

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


TSGZF
28GF Score
Tristar Gold Inc TSGZF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tristar Gold 3-Year ROIIC % Calculation

Tristar Gold'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**
=( -1.992 (Dec. 2025) - -1.688 (Dec. 2022) )/( 32.349 (Dec. 2025) - 24.262 (Dec. 2022) )
=-0.304/8.087
=-3.76%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -3.90 mean?
Tristar Gold (TSGZF) has a 3-Year ROIIC % of -3.90 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 Tristar Gold and its competitors. According to the industry distribution chart, Tristar Gold ranks #1222 out of 2307 companies in the Metals & Mining industry, placing it in the top 53%.
Is Tristar Gold's 3-Year ROIIC % too high?
Tristar Gold's current 3-Year ROIIC % is -3.90. Based on the distribution chart, Tristar Gold ranks #1222 out of 2307 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Tristar Gold has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Tristar Gold's 3-Year ROIIC % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Tristar Gold ranks #1222 out of 2307 companies for 3-Year ROIIC %. This places Tristar Gold 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 Tristar Gold and its competitors. Tristar Gold's current 3-Year ROIIC % is -3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tristar Gold stock overvalued right now?
Tristar Gold (TSGZF) has a current 3-Year ROIIC % of -3.90. The current 3-Year ROIIC % is -3.90. Tristar Gold's overall GF Score™ is 28/100 with 1 warning sign 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 Tristar Gold (TSGZF), the current 3-Year ROIIC % is -3.90 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.

Tristar Gold Business Description

Other Exchanges 7TG:GermanyTSG:Canada
Address 7950 East Acoma Drive, Suite 209, Scottsdale, AZ, USA, 85260
Tristar Gold Inc is a gold exploration and development company. The company principally explores for precious and base metal prospects. Its projects include Castelo de sanhos located in the Tapajos Gold District of Brazil's northern Para State. The Company is concentrating its exploration activities on the CDS property because the Company believes CDS has the potential to host several million ounces of gold.
28GF Score

Get the complete analysis for TSGZF

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.12
Price