Equatorial Resources (STU:PBU) 3-Year ROIIC %

: 60.64% (As of Jun. 2022)

View and export this data going back to 2016. Start your Free Trial

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. Equatorial Resources's 3-Year ROIIC % for the quarter that ended in Jun. 2022 was 60.64%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

STU:PBU's 3-Year ROIIC % is ranked better than
81.96% of 593 companies
in the Steel industry
Industry Median: 10.98 vs STU:PBU: 60.64

Competitive Comparison

For the Steel subindustry, Equatorial Resources'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.

Annual Data Quarterly Data

Equatorial Resources 3-Year ROIIC % Distribution

For the Steel industry and Basic Materials sector, Equatorial Resources's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Equatorial Resources's 3-Year ROIIC % falls in comparison to its industry or sector. The grey bar indicates the 3-Year ROIIC %'s extreme value range as defined by GuruFocus.

Equatorial Resources 3-Year ROIIC % Calculation

Equatorial Resources's 3-Year ROIIC % for the quarter that ended in Jun. 2022 is calculated as:

3-Year ROIIC %	=	3-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	3-Year Incremental Invested Capital^**
	=	( -1.4193323963457 (Jun. 2022) - -0.48552083333333 (Jun. 2019) )	/	( 0.0026591707659875 (Jun. 2022) - 1.3656041666667 (Jun. 2019) )
	=	-0.93381156301241	/	-1.3629449959007
	=	68.51 %

* 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 %.

Equatorial Resources (STU:PBU) 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.

Equatorial Resources 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Equatorial Resources's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.

Equatorial Resources (STU:PBU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Equatorial Resources Ltd (STU:PBU) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

EQX:Australia

Address

28 The Esplanade, Level 9, BGC Centre, Perth, WA, AUS, 6000

Website

https://www.equatorialresources.com.au

Equatorial Resources Ltd is an iron ore exploration and development company. The company's iron ore projects are located in the Republic of Congo (ROC). The company focuses on advancing its existing mineral resource assets in Africa, as well as searching for new opportunities in the resources sector. It operates the Badondo Iron Project located in the northwest region of the Republic of Congo. Central & West Africa hosts a regional distribution of undeveloped world-class high-grade iron ore deposits. It is comprised of the same rock type and similar geological formation as the Carajas System in South America.

Equatorial Resources (STU:PBU) Headlines

No Headlines