Formation Metals

Formation Metals CROIC

The Cash Return on Invested Capital (CROIC) of Formation Metals (FOMO.CN) as of Oct 28, 2026 is -75.46 %. In the previous year, Cash Return on Invested Capital (CROIC) was -42.66 % — a change of 76.91% (lower).

CROIC

-75.46 %

YoY

76.91%

Last updated:

Cash Return on Invested Capital (CROIC) of Formation Metals is 2026 -75.46 % . Cash Return on Invested Capital (CROIC) of Formation Metals was 2025 -42.66 % . It decreases by 76.91% lower compared to the previous year.

The Formation Metals CROIC history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

CROIC
Date
CROIC
Jan 1, 2022
-1.18 CAD
Jan 1, 2023
-1.14 CAD
Jan 1, 2024
-11.38 CAD
Jan 1, 2025
-42.66 CAD
Jan 1, 2026
-75.46 CAD
The Formation Metals CROIC history
YEARCROICYoY
-75.46 %+76.91%
-42.66 %+274.70%
-11.38 %+895.70%
-1.14 %-2.91%
-1.18 %—

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Formation Metals Stock analysis

What does Formation Metals do? Formation Metals Inc is a Canadian company headquartered in Vancouver, British Columbia. The company went public through an IPO on October 18, 2024. Formation Metals Inc focuses on the acquisition and exploration of mineral property assets. The firm owns the Nicobat Property, a nickel-copper-cobalt project located in Ontario, Canada. The company operates within the mining sector, specifically targeting mineral exploration and development. Its primary business activities involve identifying and developing mineral resources, with the Nicobat Property representing a key asset in its portfolio. The company's operations are centered on the exploration and potential development of the Nicobat Property, which is situated in Ontario. Formation Metals Inc is a publicly traded entity, listed under the ticker symbol FOMO.CN and identified by the ISIN CA34638F1053. The company's activities are confined to the mineral exploration and acquisition sector, with no additional details provided regarding its operational scale, financial figures, or other assets beyond the Nicobat Property. Formation Metals is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Formation Metals stock

Cash Return on Invested Capital (CROIC) of Formation Metals is -75.46 % in 2026.

Cash Return on Invested Capital (CROIC) of Formation Metals changed from -42.66 % to -75.46 %, representing a 76.91% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Cash Return on Invested Capital (CROIC) Formation Metals since 2006 – with annual values, charts, and detailed analysis.

CROIC measures the cash return generated on invested capital. Unlike ROIC, it uses free cash flow instead of accounting earnings, providing a purer profitability measure.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Cash Return on Invested Capital (CROIC)'s Formation Metals with sector peers and the industry average to assess whether it is attractive.

To evaluate Cash Return on Invested Capital (CROIC)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Cash Return on Invested Capital (CROIC).

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Profitability — Formation Metals

All Key Metrics — Formation Metals