American TungstenTUNGF 14 3-Year ROIIC % is 19,584.15 as of Dec. 2025, which is at its 10-year median of 19,584.15. GuruFocus rates TUNGF with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 2,305 Metals & Mining companies, American Tungsten ranks better than 99.57% 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.
American Tungsten's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 19,584.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for American Tungsten's 3-Year ROIIC % or its related term are showing as below:
TUNGF's 3-Year ROIIC % is ranked better than 99.57% of 2305
companies
in the Metals & Mining industry
Industry Median: -2.53
vs TUNGF: 19584.15
American Tungsten (OTCPK:TUNGF) 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.
American Tungsten 3-Year ROIIC % Related Terms
American Tungsten 3-Year ROIIC % Historical Data
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The historical data trend for American Tungsten'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.
American Tungsten 3-Year ROIIC % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, American Tungsten'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.
American Tungsten 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, American Tungsten's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where American Tungsten's 3-Year ROIIC % falls into.
* 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.
American Tungsten (TUNGF) has a 3-Year ROIIC % of 19,584.15 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 American Tungsten and its competitors. This is near median its historical median of 19,584.15. Over the past decade, American Tungsten's 3-Year ROIIC % has ranged from 19,584.15 to 19,584.15. According to the industry distribution chart, American Tungsten ranks #10 out of 2305 companies in the Metals & Mining industry, placing it in the top 0.40000000000001%.
Is American Tungsten's 3-Year ROIIC % too high?
American Tungsten's current 3-Year ROIIC % of 19,584.15 is near median its 10-year median of 19,584.15. Over the past 10 years, this metric has ranged from a low of 19,584.15 to a high of 19,584.15. Based on the distribution chart, American Tungsten ranks #10 out of 2305 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, American Tungsten has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does American Tungsten's 3-Year ROIIC % compare to competitors?
According to the Metals & Mining industry distribution chart, American Tungsten ranks #10 out of 2305 companies for 3-Year ROIIC %. This places American Tungsten in the top 0% of its industry — outperforming the majority of peers. Historically, American Tungsten's own 3-Year ROIIC % has ranged from 19,584.15 to 19,584.15 over the past decade. 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 American Tungsten and its competitors. American Tungsten's current 3-Year ROIIC % is 19,584.15, which is near median its own 10-year median of 19,584.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Tungsten stock overvalued right now?
American Tungsten (TUNGF) has a current 3-Year ROIIC % of 19,584.15. The current 3-Year ROIIC % is 19,584.15, which is near median its 10-year median of 19,584.15. American Tungsten's overall GF Score™ is 14/100 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 American Tungsten (TUNGF), the current 3-Year ROIIC % is 19,584.15 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.
American Tungsten Corp is a Canadian exploration company focused on advancing high-grade magnetite mineral properties. Its flagship asset, the IMA Mine Project in Idaho, is a past-producing tungsten property with historical output. With an option to secure 100 percent ownership, American Tungsten is strategically positioned to capitalize on the growing demand for critical minerals. The company also holds the Star Project, spanning approximately 4,615.75 hectares in British Columbia. The company operates in one reportable operating segment, being the acquisition and exploration of mineral properties in Canada and the USA.
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