Vox Royalty (TSX:VOXR) 3-Year ROIIC % : 20.57% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Vox Royalty 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. Vox Royalty's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 20.57%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSX:VOXR's 3-Year ROIIC % is ranked better than
79.94% of 2149 companies
in the Metals & Mining industry
Industry Median: -5.15 vs TSX:VOXR: 20.57

Vox Royalty 3-Year ROIIC % Historical Data

The historical data trend for Vox Royalty'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.

Vox Royalty 3-Year ROIIC % Chart

Vox Royalty Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

3-Year ROIIC %

4.08

20.57

Vox Royalty Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
3-Year ROIIC %	Get a 7-Day Free Trial														4.08	-	-	-	20.57

Competitive Comparison of Vox Royalty's 3-Year ROIIC %

For the Other Precious Metals & Mining subindustry, Vox Royalty'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.

Vox Royalty's 3-Year ROIIC % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Vox Royalty's 3-Year ROIIC % falls into.

Vox Royalty 3-Year ROIIC % Calculation

Vox Royalty's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %	=	3-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	3-Year Incremental Invested Capital^**
	=	( -0.172746 (Dec. 2023) - -8.229 (Dec. 2020) )	/	( 54.281 (Dec. 2023) - 15.124 (Dec. 2020) )
	=	8.056254	/	39.157
	=	20.57%^***

** 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.

Vox Royalty (TSX:VOXR) 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.

Vox Royalty 3-Year ROIIC % Related Terms

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

Vox Royalty (TSX:VOXR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vox Royalty Corp (TSX:VOXR) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

VOXR:USA

Address

66 Wellington Street West, Suite 5300, Td Bank Tower, Toronto, ON, CAN, M5K1E6

Website

https://www.voxroyalty.com

Vox Royalty Corp is a returns-focused mining royalty company with a portfolio of over 60 royalties and streams spanning eight jurisdictions. It has built intellectual property, a technically focused transactional team, and a sourcing network which has allowed Vox to target the highest returns on royalty acquisitions in the mining royalty sector.