ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Patriot Resources's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was -140.67%.
As of today (2026-06-24), Patriot Resources's WACC % is 4.74%. Patriot Resources's ROC % is -177.51% (calculated using TTM income statement data).
Patriot Resources earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Patriot Resources (ASX:PAT) ROC % Explanation
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Patriot Resources's WACC % is 4.74%. Patriot Resources's ROC % is -177.51% (calculated using TTM income statement data).
Patriot Resources earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Patriot Resources ROC % Related Terms
Patriot Resources ROC % Historical Data
* Premium members only.
The historical data trend for Patriot Resources's ROC % 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.
Note:
The Operating Income data used here is two times the semi-annual (Dec. 2025) data.
The tax rate is limited to between 0% and 100%.
* 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.
Patriot Resources (ASX:PAT) has a ROC % of -140.67% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Patriot Resources and its competitors.
Is Patriot Resources' ROC % too high?
Patriot Resources' current ROC % is -140.67%.
How does Patriot Resources' ROC % compare to competitors?
Patriot Resources' ROC % of -140.67% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Metals & Mining company?
A good ROC % depends on the Metals & Mining industry context. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Patriot Resources and its competitors. Patriot Resources's current ROC % is -140.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patriot Resources stock overvalued right now?
Patriot Resources (ASX:PAT) has a current ROC % of -140.67%. The current ROC % is -140.67%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Patriot Resources (ASX:PAT), the current ROC % is -140.67% as of Dec. 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.
Patriot Resources Ltd is engaged in exploring and developing high-grade, district-scale lithium and copper projects. Its projects include the Ontario Lithium Project, Black Hills Lithium Project, and the Wickenburg Lithium Project. Its reprotable segments include Exploration and Evaluation - USA, Exploration and Evaluation - Canada, and Exploration and Evaluation - Zambia.
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