Stelmine Canada (FRA:SS5) ROC %: -9.43% (As of Apr. 2024)


What is Stelmine Canada ROC %?

Stelmine Canada FRA:SS5 ROC % is -9.43% as of Apr. 2024.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Stelmine Canada's annualized return on capital (ROC %) for the quarter that ended in Apr. 2024 was -9.43%.

As of today (2026-06-24), Stelmine Canada's WACC % is 0.00%. Stelmine Canada's ROC % is 0.00% (calculated using TTM income statement data). Stelmine Canada earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Stelmine Canada  (FRA:SS5) 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, Stelmine Canada's WACC % is 0.00%. Stelmine Canada's ROC % is 0.00% (calculated using TTM income statement data). Stelmine Canada 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.

Stelmine Canada ROC % Related Terms

Stelmine Canada ROC % Historical Data

* Premium members only.

The historical data trend for Stelmine Canada'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.

Stelmine Canada ROC % Chart

Stelmine Canada Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.23 -12.77 -24.67 -33.22 -9.68

Stelmine Canada Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -10.13 -5.26 -7.53 -9.40 -9.43

Stelmine Canada ROC % Calculation

Stelmine Canada's annualized Return on Capital (ROC %) for the fiscal year that ended in Jul. 2023 is calculated as:

ROC % (A: Jul. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jul. 2022 ) + Invested Capital (A: Jul. 2023 ))/ count )
=-0.793 * ( 1 - 29.13% )/( (5.426 + 6.188)/ 2 )
=-0.5619991/5.807
=-9.68 %

where

Invested Capital(A: Jul. 2022 )
=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))
=7.554 - 0.91 - ( 1.333 - max(0, 0.91 - 2.128+1.333))
=5.426

Invested Capital(A: Jul. 2023 )
=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))
=6.779 - 0.499 - ( 0.335 - max(0, 0.529 - 0.621+0.335))
=6.188

Stelmine Canada's annualized Return on Capital (ROC %) for the quarter that ended in Apr. 2024 is calculated as:

ROC % (Q: Apr. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2024 ) + Invested Capital (Q: Apr. 2024 ))/ count )
=-0.728 * ( 1 - 15.47% )/( (6.541 + 6.512)/ 2 )
=-0.6153784/6.5265
=-9.43 %

where

Invested Capital(Q: Jan. 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))
=6.813 - 0.417 - ( -0.145 - max(0, 0.422 - 0.382+-0.145))
=6.541

Invested Capital(Q: Apr. 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))
=6.589 - 0.37 - ( -0.135 - max(0, 0.373 - 0.08+-0.135))
=6.512

Note: The Operating Income data used here is four times the quarterly (Apr. 2024) 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 -9.43% mean?
Stelmine Canada (FRA:SS5) has a ROC % of -9.43% as of Apr. 2024. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Stelmine Canada and its competitors.
Is Stelmine Canada's ROC % too high?
Stelmine Canada's current ROC % is -9.43%.
How does Stelmine Canada's ROC % compare to NRHI and ENRT?
Stelmine Canada's ROC % of -9.43% 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 Stelmine Canada and its competitors. Stelmine Canada's current ROC % is -9.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stelmine Canada stock overvalued right now?
Stelmine Canada (FRA:SS5) has a current ROC % of -9.43%. The current ROC % is -9.43%. 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 Stelmine Canada (FRA:SS5), the current ROC % is -9.43% as of Apr. 2024. 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.

Stelmine Canada Business Description

Address 8255 Boulevard Henri-Bourassa, Bureau 230, Quebec, QC, CAN, G1G 4C8
Stelmine Canada Ltd is a Canadian mineral exploration company. It is engaged in the acquisition, exploration, production, and development of mining properties in Quebec. Its asset portfolio includes Courcy Property, Mercator Property, Joubert Property, Nouvelles property, Ilnu property, and Trieste Property.