Aston Bay Holdings (FRA:6AY) ROC %: -4,457.14% (As of Dec. 2025)


What is Aston Bay Holdings ROC %?

Aston Bay Holdings FRA:6AY -10.34% ROC % is -4,457.14% as of Dec. 2025.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Aston Bay Holdings's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was -4,457.14%.

As of today (2026-06-27), Aston Bay Holdings's WACC % is -12.69%. Aston Bay Holdings's ROC % is -8392.52% (calculated using TTM income statement data). Aston Bay Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Aston Bay Holdings  (FRA:6AY) 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, Aston Bay Holdings's WACC % is -12.69%. Aston Bay Holdings's ROC % is -8392.52% (calculated using TTM income statement data). Aston Bay Holdings 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.

Aston Bay Holdings ROC % Related Terms

Aston Bay Holdings ROC % Historical Data

* Premium members only.

The historical data trend for Aston Bay Holdings'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.

Aston Bay Holdings ROC % Chart

Aston Bay Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -444.34 -299.38 -68.03 -416.33 -566.29

Aston Bay Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -4,378.95 -7,914.29 -53,200.00 -12,378.95 -4,457.14

Aston Bay Holdings ROC % Calculation

Aston Bay Holdings's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2025 is calculated as:

ROC % (A: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2024 ) + Invested Capital (A: Mar. 2025 ))/ count )
=-2.486 * ( 1 - 0% )/( (0.439 + 0)/ 1 )
=-2.486/0.439
=-566.29 %

where

Invested Capital(A: Mar. 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))
=0.452 - 0.281 - ( 0.376 - max(0, 0.72 - 0.452+0.376))
=0.439

Invested Capital(A: Mar. 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))
=0.974 - 0.11 - ( 0.919 - max(0, 0.11 - 0.974+0.919))
=0

Aston Bay Holdings's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-1.092 * ( 1 - 0% )/( (0.036 + 0.013)/ 2 )
=-1.092/0.0245
=-4,457.14 %

where

Invested Capital(Q: Sep. 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))
=0.695 - 0.103 - ( 0.556 - max(0, 0.103 - 0.695+0.556))
=0.036

Invested Capital(Q: Dec. 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))
=0.461 - 0.128 - ( 0.32 - max(0, 0.128 - 0.461+0.32))
=0.013

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

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -4,457.14% mean?
Aston Bay Holdings (FRA:6AY) has a ROC % of -4,457.14% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Aston Bay Holdings and its competitors.
Is Aston Bay Holdings' ROC % too high?
Aston Bay Holdings' current ROC % is -4,457.14%.
How does Aston Bay Holdings' ROC % compare to competitors?
Aston Bay Holdings' ROC % of -4,457.14% 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 Aston Bay Holdings and its competitors. Aston Bay Holdings's current ROC % is -4,457.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aston Bay Holdings stock overvalued right now?
Aston Bay Holdings (FRA:6AY) has a current ROC % of -4,457.14%. The current ROC % is -4,457.14%. 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 Aston Bay Holdings (FRA:6AY), the current ROC % is -4,457.14% 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.

Aston Bay Holdings Business Description

Address 8 King Street East, Suite 1800, Toronto, ON, CAN, M5C 1B5
Aston Bay Holdings Ltd is a mineral exploration company exploring for high-grade critical and precious metal deposits in Nunavut, Canada and Virginia, USA. The company is currently exploring the Storm Copper and Epworth Properties in Nunavut, and the high-grade Buckingham Gold Vein in central Virginia. It is also in advanced stages of negotiation on other lands with high-grade critical metals potential in North America.