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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.
Thunder Mountain Gold's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -585.01%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Thunder Mountain Gold's 3-Year ROIIC % or its related term are showing as below:
TSXV:THM's 3-Year ROIIC % is ranked worse than 94.37% of 2308
companies
in the Metals & Mining industry
Industry Median: -2.53
vs TSXV:THM: -585.01
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.
Thunder Mountain Gold 3-Year ROIIC % Related Terms
Thunder Mountain Gold 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Thunder Mountain 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.
TSXV:THM vs ACRG, GRML, SRGZ: 3-Year ROIIC % Comparison
For the Other Precious Metals & Mining subindustry, Thunder Mountain 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.
Thunder Mountain Gold 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Thunder Mountain Gold's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Thunder Mountain Gold's 3-Year ROIIC % falls into.
Thunder Mountain 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**
=
( -3.9 (Dec. 2025) - -0.606 (Dec. 2022) )
/
( 2.394 (Dec. 2025) - 1.804 (Dec. 2022) )
=
-3.294
/
0.59
=
-558.31%***
* 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.
Thunder Mountain Gold (TSXV:THM) has a 3-Year ROIIC % of -585.01 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 Thunder Mountain Gold and its competitors. According to the industry distribution chart, Thunder Mountain Gold ranks #2178 out of 2308 companies in the Metals & Mining industry, placing it in the top 94.4%.
Is Thunder Mountain Gold's 3-Year ROIIC % too high?
Thunder Mountain Gold's current 3-Year ROIIC % is -585.01. Based on the distribution chart, Thunder Mountain Gold ranks #2178 out of 2308 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Thunder Mountain Gold has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thunder Mountain Gold's 3-Year ROIIC % compare to ACRG and GRML?
According to the Metals & Mining industry distribution chart, Thunder Mountain Gold ranks #2178 out of 2308 companies for 3-Year ROIIC %. This places Thunder Mountain 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 Thunder Mountain Gold and its competitors. Thunder Mountain Gold's current 3-Year ROIIC % is -585.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thunder Mountain Gold stock overvalued right now?
Based on GuruFocus' analysis, Thunder Mountain Gold (TSXV:THM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.01, compared to a current price of C$1.10 — trading 10900% above its estimated fair value. The current 3-Year ROIIC % is -585.01. Thunder Mountain Gold's overall GF Score™ is 28/100 with 3 warning signs 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 Thunder Mountain Gold (TSXV:THM), the current 3-Year ROIIC % is -585.01 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.
Is Thunder Mountain Gold (TSXV:THM) Overvalued in 2026?
Based on GuruFocus' analysis, Thunder Mountain Gold stock appears to be overvalued.
The current stock price of C$1.10 is trading 10900% above its estimated GF Value™ of C$0.01.
GuruFocus considers Thunder Mountain Gold to be Significantly Overvalued.
Key valuation signals for TSXV:THM:
3-Year ROIIC %: -585.01
GF Value™: C$0.01 vs. price of C$1.10 (10900% above fair value)
No single metric tells the full story. See the TSXV:THM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thunder Mountain Gold Inc is a mineral exploration stage company. The company is engaged in exploring mining properties that have the potential to produce high-quality precious and base metal projects in North America. The company holds interests in the South Mountain and Trout Creek Project. The Company operates as a single business segment, focused on the exploration and development of the South Mountain Project.
28GF Score
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