Royal GoldXSWX:RGLD 91 3-Year ROIIC % is 5.01 as of Dec. 2025, which is 12% above its 10-year median of 4.48. GuruFocus rates XSWX:RGLD with a GF Score™ of 91/100 and a GF Value™ of CHF222.20. The stock has 2 warning signs investors should review. Among 2,300 Metals & Mining companies, Royal Gold ranks better than 62.78% 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.
Royal Gold's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 5.01%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Royal Gold's 3-Year ROIIC % or its related term are showing as below:
XSWX:RGLD's 3-Year ROIIC % is ranked better than 62.78% of 2300
companies
in the Metals & Mining industry
Industry Median: -2.525
vs XSWX:RGLD: 5.01
Royal Gold (XSWX:RGLD) 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.
Royal Gold 3-Year ROIIC % Related Terms
Royal Gold 3-Year ROIIC % Historical Data
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The historical data trend for Royal 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.
For the Gold subindustry, Royal 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.
Royal Gold 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Royal Gold's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Royal Gold'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.
Royal Gold (XSWX:RGLD) has a 3-Year ROIIC % of 5.01 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 Royal Gold and its competitors. This is 12% above median its historical median of 4.48. According to the industry distribution chart, Royal Gold ranks #856 out of 2300 companies in the Metals & Mining industry, placing it in the top 37.2%.
Is Royal Gold's 3-Year ROIIC % too high?
Royal Gold's current 3-Year ROIIC % of 5.01 is 12% above median its 10-year median of 4.48. Based on the distribution chart, Royal Gold ranks #856 out of 2300 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Royal Gold has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Royal Gold's 3-Year ROIIC % compare to ?
According to the Metals & Mining industry distribution chart, Royal Gold ranks #856 out of 2300 companies for 3-Year ROIIC %. This puts Royal Gold 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 Royal Gold and its competitors. Royal Gold's current 3-Year ROIIC % is 5.01, which is 12% above median its own 10-year median of 4.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Gold stock overvalued right now?
Royal Gold (XSWX:RGLD) has a current 3-Year ROIIC % of 5.01. The stock's GF Value™ is CHF222.20, compared to a current price of CHF164.28 — trading 26.1% below its estimated fair value. The current 3-Year ROIIC % is 5.01, which is 12% above median its 10-year median of 4.48. Royal Gold's overall GF Score™ is 91/100 with 2 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 Royal Gold (XSWX:RGLD), the current 3-Year ROIIC % is 5.01 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 Royal Gold (XSWX:RGLD) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Gold stock appears to be undervalued.
The current stock price of CHF164.28 is trading 26.1% below its estimated GF Value™ of CHF222.20.
Key valuation signals for XSWX:RGLD:
3-Year ROIIC %: 5.01 (12% above median its 10-year median of 4.48)
GF Value™: CHF222.20 vs. price of CHF164.28 (26.1% below fair value)
No single metric tells the full story. See the XSWX:RGLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine in exchange for an upfront deposit payment. Generally, Royal Gold does not work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
91GF Score
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