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WMWWF (West Wits Mining) 3-Year ROIIC % : -10.50% (As of Jun. 2023)


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What is West Wits Mining 3-Year ROIIC %?

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. West Wits Mining's 3-Year ROIIC % for the quarter that ended in Jun. 2023 was -10.50%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for West Wits Mining's 3-Year ROIIC % or its related term are showing as below:

WMWWF's 3-Year ROIIC % is ranked worse than
59.52% of 2184 companies
in the Metals & Mining industry
Industry Median: -4.34 vs WMWWF: -10.50

West Wits Mining 3-Year ROIIC % Historical Data

The historical data trend for West Wits Mining'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.

* Premium members only.

West Wits Mining 3-Year ROIIC % Chart

West Wits Mining Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.13 -1.29 47.68 -10.50 -3.39

West Wits Mining Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.68 - -10.50 - -3.39

Competitive Comparison of West Wits Mining's 3-Year ROIIC %

For the Gold subindustry, West Wits Mining'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.


West Wits Mining's 3-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, West Wits Mining's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where West Wits Mining's 3-Year ROIIC % falls into.



West Wits Mining 3-Year ROIIC % Calculation

West Wits Mining's 3-Year ROIIC % for the quarter that ended in Jun. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -2.112 (Jun. 2023) - -1.331 (Jun. 2020) )/( 16.54 (Jun. 2023) - 8.999 (Jun. 2020) )
=-0.781/7.541
=-10.36%***

* 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.


West Wits Mining  (OTCPK:WMWWF) 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.


West Wits Mining 3-Year ROIIC % Related Terms

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West Wits Mining Business Description

Traded in Other Exchanges
Address
400 Collins Street, Level 6, Melbourne, VIC, AUS, 3000
West Wits Mining Ltd is an exploration and development company. It focuses on conglomerate gold in two regions, Pilbara and Witwatersrand. The reportable segments of the company are based on geographic locations of South Africa and Australia. Mining and exploration activities are carried out in South African segments, whereas the Australian segment reflects only the administrative arm of the business that supports the mining and exploration activities in the other two geographical locations. The projects operated by the company are Mt Cecelia, Tambina, Witwatersrand Basin, and Derewo River Gold project. The company operates in one operating segment which is mining & exploration. Geographically it operates in South Africa, Indonesia and Australia.

West Wits Mining Headlines