Ultra LithiumULTXF 3-Year ROIIC % is -5.04 as of Oct. 2024. The stock has 4 warning signs investors should review. Among 2,299 Metals & Mining companies, Ultra Lithium ranks worse than 54.28% 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.
Ultra Lithium's 3-Year ROIIC % for the quarter that ended in Oct. 2024 was -5.04%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Ultra Lithium's 3-Year ROIIC % or its related term are showing as below:
ULTXF's 3-Year ROIIC % is ranked worse than 54.28% of 2299
companies
in the Metals & Mining industry
Industry Median: -2.53
vs ULTXF: -5.04
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.
Ultra Lithium 3-Year ROIIC % Related Terms
Ultra Lithium 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Ultra Lithium'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.
ULTXF vs LTUM, CHNR, SVBL: 3-Year ROIIC % Comparison
For the Other Industrial Metals & Mining subindustry, Ultra Lithium'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.
Ultra Lithium 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ultra Lithium's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Ultra Lithium's 3-Year ROIIC % falls into.
Ultra Lithium's 3-Year ROIIC % for the quarter that ended in Oct. 2024 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -0.7868224 (Oct. 2024) - -0.549 (Oct. 2021) )
/
( 7.661 (Oct. 2024) - 2.102 (Oct. 2021) )
=
-0.2378224
/
5.559
=
-4.28%***
* 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.
Ultra Lithium (ULTXF) has a 3-Year ROIIC % of -5.04 as of Oct. 2024. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Ultra Lithium and its competitors. According to the industry distribution chart, Ultra Lithium ranks #1248 out of 2299 companies in the Metals & Mining industry, placing it in the top 54.3%.
Is Ultra Lithium's 3-Year ROIIC % too high?
Ultra Lithium's current 3-Year ROIIC % is -5.04. Based on the distribution chart, Ultra Lithium ranks #1248 out of 2299 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Ultra Lithium's 3-Year ROIIC % compare to LTUM and CHNR?
According to the Metals & Mining industry distribution chart, Ultra Lithium ranks #1248 out of 2299 companies for 3-Year ROIIC %. This places Ultra Lithium 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 Ultra Lithium and its competitors. Ultra Lithium's current 3-Year ROIIC % is -5.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultra Lithium stock overvalued right now?
Ultra Lithium (ULTXF) has a current 3-Year ROIIC % of -5.04. The current 3-Year ROIIC % is -5.04. 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 Ultra Lithium (ULTXF), the current 3-Year ROIIC % is -5.04 as of Oct. 2024. 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.
Ultra Lithium Inc is engaged in the acquisition, exploration, and evaluation of assets. The properties in which the company currently has an interest are in the exploration stage. The geographical segments of the group are Canada, the United States, and Argentina. Some of its properties are Georgia Lake, Forgan Lake, Antofagasta, and La Rioja, La Borita, Antigua, Cordoba, and Others.
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