Wia Gold (ASX:WIA) 5-Year ROIIC % : 2.86% (As of Jun. 2023)

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What is Wia Gold 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Wia Gold's 5-Year ROIIC % for the quarter that ended in Jun. 2023 was 2.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Wia Gold's 5-Year ROIIC % or its related term are showing as below:

ASX:WIA's 5-Year ROIIC % is ranked better than
61.78% of 2122 companies
in the Metals & Mining industry
Industry Median: -2.655 vs ASX:WIA: 2.86

Wia Gold 5-Year ROIIC % Historical Data

The historical data trend for Wia Gold's 5-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.

Wia Gold 5-Year ROIIC % Chart

Wia Gold Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

5-Year ROIIC %

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1,795.95

-62.25

481.64

41.64

2.86

Wia Gold Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
5-Year ROIIC %	Get a 7-Day Free Trial															-	41.64	-	2.86	-

Competitive Comparison of Wia Gold's 5-Year ROIIC %

For the Gold subindustry, Wia Gold's 5-Year ROIIC %, along with its competitors' market caps and 5-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.

Wia Gold's 5-Year ROIIC % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Wia Gold's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Wia Gold's 5-Year ROIIC % falls into.

Wia Gold 5-Year ROIIC % Calculation

Wia Gold's 5-Year ROIIC % for the quarter that ended in Jun. 2023 is calculated as:

5-Year ROIIC %	=	5-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	5-Year Incremental Invested Capital^**
	=	( -1.528 (Jun. 2023) - -1.769 (Jun. 2018) )	/	( 15.802 (Jun. 2023) - 7.378 (Jun. 2018) )
	=	0.241	/	8.424
	=	2.86%^***

** Annual data of NOPAT and Invested Capital was used to calculate 5-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.

Wia Gold (ASX:WIA) 5-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.

Wia Gold 5-Year ROIIC % Related Terms

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Wia Gold (ASX:WIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wia Gold Ltd (ASX:WIA) » Definitions » 5-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 1, 1318 Hay Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.wiagold.com.au

Wia Gold Ltd is a gold focused explorer with advanced exploration projects in Cote d'Ivoire and a highly prospective land package in Namibia. It explores for Gold in the Birimian greenstones of Cote d'Ivoire and the Damara belt in Namibia. The principal activities of the company were gold and base metals exploration and evaluation in Namibia and Côte d'lvoire.