CLRMF (Clean Air Metals) ROC %: -5.00% (As of Jan. 2026)


What is Clean Air Metals ROC %?

Clean Air Metals CLRMF +8.27% ROC % is -5.00% as of Jan. 2026.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Clean Air Metals's annualized return on capital (ROC %) for the quarter that ended in Jan. 2026 was -5.00%.

As of today (2026-06-27), Clean Air Metals's WACC % is 24.48%. Clean Air Metals's ROC % is -4.18% (calculated using TTM income statement data). Clean Air Metals earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Clean Air Metals  (OTCPK:CLRMF) 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, Clean Air Metals's WACC % is 24.48%. Clean Air Metals's ROC % is -4.18% (calculated using TTM income statement data). Clean Air Metals 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.

Clean Air Metals ROC % Related Terms

Clean Air Metals ROC % Historical Data

* Premium members only.

The historical data trend for Clean Air Metals'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.

Clean Air Metals ROC % Chart

Clean Air Metals Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROC %
Get a 7-Day Free Trial -10.68 -12.81 -9.71 -8.74 -4.28

Clean Air Metals Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
ROC % 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 -5.44 -3.81 -4.27 -3.72 -5.00

Clean Air Metals ROC % Calculation

Clean Air Metals's annualized Return on Capital (ROC %) for the fiscal year that ended in Jan. 2026 is calculated as:

ROC % (A: Jan. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jan. 2025 ) + Invested Capital (A: Jan. 2026 ))/ count )
=-1.152 * ( 1 - 0% )/( (25.966 + 27.874)/ 2 )
=-1.152/26.92
=-4.28 %

where

Invested Capital(A: Jan. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=26.346 - 0.252 - ( 2.392 - max(0, 2.792 - 2.92+2.392))
=25.966

Invested Capital(A: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=26.307 - 0.089 - ( 0.823 - max(0, 2.63 - 0.974+0.823))
=27.874

Clean Air Metals's annualized Return on Capital (ROC %) for the quarter that ended in Jan. 2026 is calculated as:

ROC % (Q: Jan. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Jan. 2026 ))/ count )
=-1.38 * ( 1 - 0% )/( (27.365 + 27.874)/ 2 )
=-1.38/27.6195
=-5.00 %

where

Invested Capital(Q: Oct. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=26.167 - 0.051 - ( 1.175 - max(0, 2.554 - 1.305+1.175))
=27.365

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=26.307 - 0.089 - ( 0.823 - max(0, 2.63 - 0.974+0.823))
=27.874

Note: The Operating Income data used here is four times the quarterly (Jan. 2026) 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -5.00% mean?
Clean Air Metals (CLRMF) has a ROC % of -5.00% as of Jan. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Clean Air Metals and its competitors.
Is Clean Air Metals' ROC % too high?
Clean Air Metals' current ROC % is -5.00%.
How does Clean Air Metals' ROC % compare to HL?
Clean Air Metals' ROC % of -5.00% 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 Clean Air Metals and its competitors. Clean Air Metals's current ROC % is -5.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Air Metals stock overvalued right now?
Clean Air Metals (CLRMF) has a current ROC % of -5.00%. The current ROC % is -5.00%. 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 Clean Air Metals (CLRMF), the current ROC % is -5.00% as of Jan. 2026. 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.

Clean Air Metals Business Description

Other Exchanges CKU:GermanyAIR:Canada
Address 100 King Street West, Suite 3400, Toronto, ON, CAN, M5X 1A4
Clean Air Metals Inc is engaged in the exploration and evaluation of mineral properties in Canada. The Company's projects include the Thunder Bay North Property, located northeast of the city of Thunder Bay within the Thunder Bay Mining Division in northwest Ontario, Canada, and the Triple Flag Net Smelter Royalty project.