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New Age MetalsTSXV:NAM -5.66%36 3-Year ROIIC % is 17.14 as of Apr. 2025. GuruFocus rates TSXV:NAM with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 2,308 Metals & Mining companies, New Age Metals ranks better than 72.49% 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.
New Age Metals's 3-Year ROIIC % for the quarter that ended in Apr. 2025 was 17.14%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for New Age Metals's 3-Year ROIIC % or its related term are showing as below:
TSXV:NAM's 3-Year ROIIC % is ranked better than 72.49% of 2308
companies
in the Metals & Mining industry
Industry Median: -2.53
vs TSXV:NAM: 17.14
New Age Metals (TSXV:NAM) 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.
New Age Metals 3-Year ROIIC % Related Terms
New Age Metals 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for New Age Metals'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.
New Age Metals 3-Year ROIIC % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, New Age Metals'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.
New Age Metals 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, New Age Metals's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where New Age Metals's 3-Year ROIIC % falls into.
New Age Metals's 3-Year ROIIC % for the quarter that ended in Apr. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -1.078 (Apr. 2025) - -1.413 (Apr. 2022) )
/
( 9.491 (Apr. 2025) - 7.536 (Apr. 2022) )
=
0.335
/
1.955
=
17.14%***
* 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.
New Age Metals (TSXV:NAM) has a 3-Year ROIIC % of 17.14 as of Apr. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on New Age Metals and its competitors. According to the industry distribution chart, New Age Metals ranks #635 out of 2308 companies in the Metals & Mining industry, placing it in the top 27.5%.
Is New Age Metals' 3-Year ROIIC % too high?
New Age Metals' current 3-Year ROIIC % is 17.14. Based on the distribution chart, New Age Metals ranks #635 out of 2308 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, New Age Metals has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does New Age Metals' 3-Year ROIIC % compare to competitors?
According to the Metals & Mining industry distribution chart, New Age Metals ranks #635 out of 2308 companies for 3-Year ROIIC %. This puts New Age Metals in the upper 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 New Age Metals and its competitors. New Age Metals's current 3-Year ROIIC % is 17.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Age Metals stock overvalued right now?
New Age Metals (TSXV:NAM) has a current 3-Year ROIIC % of 17.14. The current 3-Year ROIIC % is 17.14. New Age Metals' overall GF Score™ is 36/100 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 New Age Metals (TSXV:NAM), the current 3-Year ROIIC % is 17.14 as of Apr. 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.
New Age Metals Inc is a mineral exploration company focused on the acquisition, exploration, and development of Platinum Group Metals (PGMs), precious metals, base metals, and strategic critical metals, including lithium, antimony, and high-purity iron ore. The company's project portfolio comprises the River Valley Palladium project, located in the Sudbury Region of Ontario; several lithium projects such as Lithium One, Lithium Two, Litham West, Cat Lake Lithium, Litham East, Litham East Extension, and Litham North, located northeast of Winnipeg, Manitoba; the Alaska Genesis project; and the Newfoundland portfolio, which includes eight wholly owned properties in Canada's mineral exploration belts. The company's operations are carried out in Canada and the United States.
36GF Score
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