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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.
MGX Resources's 5-Year ROIIC % for the quarter that ended in Jun. 2025 was 34.04%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for MGX Resources's 5-Year ROIIC % or its related term are showing as below:
MTGRF's 5-Year ROIIC % is ranked better than 87.8% of 574
companies
in the Steel industry
Industry Median: 2.775
vs MTGRF: 34.04
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.
MGX Resources 5-Year ROIIC % Related Terms
MGX Resources 5-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for MGX Resources'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.
For the Steel subindustry, MGX Resources'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.
MGX Resources 5-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, MGX Resources's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where MGX Resources's 5-Year ROIIC % falls into.
MGX Resources's 5-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:
5-Year ROIIC %
=
5-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
5-Year Incremental Invested Capital**
=
( -3.699 (Jun. 2025) - 54.1671525 (Jun. 2020) )
/
( 59.239 (Jun. 2025) - 233.429 (Jun. 2020) )
=
-57.8661525
/
-174.19
=
33.22%***
* 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 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.
MGX Resources (MTGRF) has a 5-Year ROIIC % of 34.04 as of Jun. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on MGX Resources and its competitors. According to the industry distribution chart, MGX Resources ranks #70 out of 574 companies in the Steel industry, placing it in the top 12.2%.
Is MGX Resources' 5-Year ROIIC % too high?
MGX Resources' current 5-Year ROIIC % is 34.04. The Steel industry median 5-Year ROIIC % is 2.78. MGX Resources' value of 34.04 is 1126.7% above this industry median. Based on the distribution chart, MGX Resources ranks #70 out of 574 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, MGX Resources has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does MGX Resources' 5-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, MGX Resources ranks #70 out of 574 companies for 5-Year ROIIC %. This places MGX Resources in the top 12% of its industry — outperforming the majority of peers. The industry median 5-Year ROIIC % is 2.78. MGX Resources' value of 34.04 is 1126.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for a Steel company?
The median 5-Year ROIIC % among Steel companies is 2.78, based on 574 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGX Resources's current 5-Year ROIIC % of 34.04 is 1126.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on MGX Resources and its competitors. For the Steel industry, the median 5-Year ROIIC % is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGX Resources's current 5-Year ROIIC % is 34.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGX Resources stock overvalued right now?
MGX Resources (MTGRF) has a current 5-Year ROIIC % of 34.04. The stock's GF Value™ is $0.24, compared to a current price of $0.26 — trading 7.7% above its estimated fair value. The current 5-Year ROIIC % is 34.04 and 1126.7% above the Steel industry median of 2.78. MGX Resources' overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For MGX Resources (MTGRF), the current 5-Year ROIIC % is 34.04 as of Jun. 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 MGX Resources (MTGRF) Overvalued in 2026?
Based on GuruFocus' analysis, MGX Resources stock appears to be overvalued.
The current stock price of $0.26 is trading 7.7% above its estimated GF Value™ of $0.24.
Key valuation signals for MTGRF:
5-Year ROIIC %: 34.04
GF Value™: $0.24 vs. price of $0.26 (7.7% above fair value)
Industry Position: 1126.7% above the Steel median (#70 of 574)
No single metric tells the full story. See the MTGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGX Resources Ltd is an Australian mining company. The company's flagship production asset is the Koolan Island mine in WA's Kimberley region. The Company also holds precious and base metals exploration tenements in the Mid-West and Gascoyne regions of Western Australia. Its other projects include the Central Tanami Gold Project and the WA Exploration - Tallering Peak and Edmund Basin.
48GF Score
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5-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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