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Fiddlehead ResourcesTSXV:FHR 3-Year ROIIC % is 0.00 as of Dec. 2025. The stock has 3 warning signs investors should review. Among 924 Oil & Gas companies, Fiddlehead Resources ranks worse than 108225% 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.
Fiddlehead Resources does not have enough data to calculate 3-Year ROIIC %.
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.
Fiddlehead Resources 3-Year ROIIC % Related Terms
Fiddlehead Resources 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Fiddlehead Resources'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.
TSXV:FHR vs COP, EOG, FANG: 3-Year ROIIC % Comparison
For the Oil & Gas E&P subindustry, Fiddlehead Resources'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.
Fiddlehead Resources 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Fiddlehead Resources's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Fiddlehead Resources's 3-Year ROIIC % falls into.
Fiddlehead Resources'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**
=
( -8.064 (Dec. 2025) - -0.032 (Dec. 2022) )
/
( 39.965 (Dec. 2025) - 0 (Dec. 2022) )
=
-8.032
/
=
N/A%***
* 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.
Fiddlehead Resources (TSXV:FHR) has a 3-Year ROIIC % of 0.00 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 Fiddlehead Resources and its competitors. According to the industry distribution chart, Fiddlehead Resources ranks #999999 out of 924 companies in the Oil & Gas industry.
Is Fiddlehead Resources' 3-Year ROIIC % too high?
Fiddlehead Resources' current 3-Year ROIIC % is 0.00. Based on the distribution chart, Fiddlehead Resources ranks #999999 out of 924 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Fiddlehead Resources' 3-Year ROIIC % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Fiddlehead Resources ranks #999999 out of 924 companies for 3-Year ROIIC %. This places Fiddlehead Resources 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 an Oil & Gas company?
A good 3-Year ROIIC % depends on the Oil & Gas 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 Fiddlehead Resources and its competitors. Fiddlehead Resources's current 3-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiddlehead Resources stock overvalued right now?
Fiddlehead Resources (TSXV:FHR) has a current 3-Year ROIIC % of 0.00. The current 3-Year ROIIC % is 0.00. 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 Fiddlehead Resources (TSXV:FHR), the current 3-Year ROIIC % is 0.00 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.
Fiddlehead Resources Corp is involved in the exploration, development, and production of oil and natural gas, as well as the acquisition of related properties. Its operations are mainly focused on the South Ferrier and Strachan areas of west central Alberta. The company's assets include oil and gas wellbores, mineral rights, surface leases, and associated facilities and pipelines. Its production mainly comes from the Cardium formation, and the rest from Ellerslie, Rock Creek, Viking, and Belly River. Additionally, the firm has two gas compressor stations, which act as the initial point of gathering for the production, while the final processing and sale of the gas and associated liquids are done at third-party gas plants. The majority of its revenue is derived from oil and gas sales.
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