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Australian Mines (HAM:MJH) 3-Year ROIIC % : 4.47% (As of Jun. 2023)


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What is Australian Mines 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. Australian Mines's 3-Year ROIIC % for the quarter that ended in Jun. 2023 was 4.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

HAM:MJH's 3-Year ROIIC % is ranked better than
68.33% of 2163 companies
in the Metals & Mining industry
Industry Median: -5.04 vs HAM:MJH: 4.47

Australian Mines 3-Year ROIIC % Historical Data

The historical data trend for Australian Mines'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.

Australian Mines 3-Year ROIIC % Chart

Australian Mines Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.70 -5.49 15.39 53.56 4.47

Australian Mines Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 53.56 - 4.47 -

Competitive Comparison of Australian Mines's 3-Year ROIIC %

For the Other Industrial Metals & Mining subindustry, Australian Mines'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.


Australian Mines's 3-Year ROIIC % Distribution in the Metals & Mining Industry

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

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



Australian Mines 3-Year ROIIC % Calculation

Australian Mines's 3-Year ROIIC % for the quarter that ended in Jun. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -1.785 (Jun. 2023) - -2.019 (Jun. 2020) )/( 27.418 (Jun. 2023) - 21.444 (Jun. 2020) )
=0.234/5.974
=3.92%***

* 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.


Australian Mines  (HAM:MJH) 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.


Australian Mines 3-Year ROIIC % Related Terms

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Australian Mines (HAM:MJH) Business Description

Traded in Other Exchanges
Address
1 Eagle Street, Level 34, Brisbane, QLD, AUS, 4000
Australian Mines Ltd is a resource company. It is engaged in the exploration of battery metals. The company is developing cobalt-scandium-nickel projects in Australia. Its projects include the Sconi project, Flemington project, Thackaringa Cobalt project, and Bell Creek Nickel- cobalt Project. The Company operates in one reportable segment, being mining in Australia. It operates in one single reportable geographical segment which is Australia.

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