Exter Gold (FRA:1Q1) ROC %: -51.71% (As of Jan. 2026)

What is Exter Gold ROC %?

Exter Gold FRA:1Q1 34 ROC % is -51.71% as of Jan. 2026. GuruFocus rates FRA:1Q1 with a GF Score™ of 34/100. The stock has 4 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Exter Gold's annualized return on capital (ROC %) for the quarter that ended in Jan. 2026 was -51.71%.

As of today (2026-06-29), Exter Gold's WACC % is 6.32%. Exter Gold's ROC % is -84.25% (calculated using TTM income statement data). Exter Gold earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Exter Gold (FRA:1Q1) 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, Exter Gold's WACC % is 6.32%. Exter Gold's ROC % is -84.25% (calculated using TTM income statement data). Exter Gold 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.

Exter Gold ROC % Related Terms

Exter Gold ROC % Historical Data

* Premium members only.

The historical data trend for Exter Gold'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.

Exter Gold ROC % Chart

Exter Gold Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Jul25

ROC %

Get a 7-Day Free Trial

-11.92

0.00

-202.88

Exter Gold 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															-1,100.00	-109.49	-318.53	-132.61	-51.71

34GF Score

Exter Gold Corp FRA:1Q1

ROC % is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Exter Gold ROC % Calculation

Exter Gold's annualized Return on Capital (ROC %) for the fiscal year that ended in Jul. 2025 is calculated as:

	ROC % (A: Jul. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Jul. 2024 )	+	Invested Capital (A: Jul. 2025 ))	/ count )
=	-0.564 * ( 1 - 0% )	/	( (0	+	0.278)	/ 1 )
=	-0.564	/	0.278
=	-202.88 %

where

	Invested Capital		(A: Jul. 2024 )
=	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	))
=	0.016	-	0.006	-	( 0.015	-	max(0, 0.006	-	0.016	+	0.015	))
=	0

	Invested Capital		(A: Jul. 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	))
=	0.629	-	0.154	-	( 0.566	-	max(0, 0.375	-	0.572	+	0.566	))
=	0.278

Exter Gold'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 )
=	-5.432 * ( 1 - 0% )	/	( (10.744	+	10.264)	/ 2 )
=	-5.432	/	10.504
=	-51.71 %

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	))
=	8.37	-	0.292	-	( 0.158	-	max(0, 3.155	-	0.489	+	0.158	))
=	10.744

	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	))
=	7.537	-	0.326	-	( 0.41	-	max(0, 3.577	-	0.524	+	0.41	))
=	10.264

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%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -51.71% mean?

Exter Gold (FRA:1Q1) has a ROC % of -51.71% as of Jan. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Exter Gold and its competitors.

Is Exter Gold's ROC % too high?

Exter Gold's current ROC % is -51.71%. Overall, Exter Gold has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.

How does Exter Gold's ROC % compare to COP and EOG?

Exter Gold's ROC % of -51.71% can be compared against companies in the Oil & Gas industry. The industry median ROC % is 3.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROC % for an Oil & Gas company?

The median ROC % among Oil & Gas companies is 3.66, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. 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 Exter Gold and its competitors. For the Oil & Gas industry, the median ROC % is 3.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exter Gold's current ROC % is -51.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Exter Gold stock overvalued right now?

Exter Gold (FRA:1Q1) has a current ROC % of -51.71%. The current ROC % is -51.71%. Exter Gold's overall GF Score™ is 34/100 with 4 warning signs to review. 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 Exter Gold (FRA:1Q1), the current ROC % is -51.71% 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.

Exter Gold Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:TUK TSXV:PUL TSXV:VVC TSXV:CWV TSXV:CEC TSXV:CEN.H TSXV:SC.H TSXV:SABA TSXV:TTG TSXV:OEC.H HKSE:00883 COP TSX:CNQ EOG MIC:NVTK FANG OXY EQT ASX:WDS EXE

Address 440 2 Avenue SW, Suite 430, Calgary, AB, CAN, T2P 5E9

Website https://www.birdriverresources.com

Exter Gold Corp, formerly known as Bird River Resources Inc, is engaged in the acquisition and exploration of resource properties with a primary focus on petroleum and natural gas properties.

34GF Score

Get the complete analysis for FRA:1Q1

ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.07

Price

View FRA:1Q1 Analysis

See ROC % data for all stocks →