Deep Sea Minerals (FRA:X450) ROC %: -806.50% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:X450 Deep Sea Minerals Corp FRA:X450
22 GF Score
Price €0.66
! 2 Warning Signs
View Full Analysis

What is Deep Sea Minerals ROC %?

Deep Sea Minerals FRA:X450 +11.02% 22 ROC % is -806.50% as of Mar. 2026. GuruFocus rates FRA:X450 with a GF Score™ of 22/100. The stock has 2 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 %. Deep Sea Minerals's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -806.50%.

As of today (2026-07-14), Deep Sea Minerals's WACC % is -14.60%. Deep Sea Minerals's ROC % is -749.61% (calculated using TTM income statement data). Deep Sea Minerals earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Deep Sea Minerals  (FRA:X450) 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, Deep Sea Minerals's WACC % is -14.60%. Deep Sea Minerals's ROC % is -749.61% (calculated using TTM income statement data). Deep Sea Minerals 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.

Deep Sea Minerals ROC % Related Terms

Deep Sea Minerals ROC % Historical Data

* Premium members only.

The historical data trend for Deep Sea Minerals'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.

Deep Sea Minerals ROC % Chart

Deep Sea Minerals Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROC %
0.00 -652.78 -234.29 -380.00

Deep Sea Minerals Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -178.82 -105.05 -50.00 -603.17 -806.50
FRA:X450
22GF Score
Deep Sea Minerals Corp FRA:X450
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deep Sea Minerals ROC % Calculation

Deep Sea Minerals's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=-0.133 * ( 1 - 0% )/( (0.035 + 0)/ 1 )
=-0.133/0.035
=-380.00 %

where

Invested Capital(A: Dec. 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))
=0.195 - 0.095 - ( 0.141 - max(0, 0.095 - 0.16+0.141))
=0.035

Invested Capital(A: 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))
=0.065 - 0.094 - ( 0.062 - max(0, 0.094 - 0.065+0.062))
=0

Deep Sea Minerals's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-1.984 * ( 1 - 0% )/( (0 + 0.246)/ 1 )
=-1.984/0.246
=-806.50 %

where

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))
=0.065 - 0.094 - ( 0.062 - max(0, 0.094 - 0.065+0.062))
=0

Invested Capital(Q: Mar. 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))
=2.25 - 0.149 - ( 1.855 - max(0, 0.149 - 2.25+1.855))
=0.246

Note: The Operating Income data used here is four times the quarterly (Mar. 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 -806.50% mean?
Deep Sea Minerals (FRA:X450) has a ROC % of -806.50% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Deep Sea Minerals and its competitors.
Is Deep Sea Minerals' ROC % too high?
Deep Sea Minerals' current ROC % is -806.50%. Overall, Deep Sea Minerals has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Deep Sea Minerals' ROC % compare to HL?
Deep Sea Minerals' ROC % of -806.50% 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 Deep Sea Minerals and its competitors. Deep Sea Minerals's current ROC % is -806.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deep Sea Minerals stock overvalued right now?
Deep Sea Minerals (FRA:X450) has a current ROC % of -806.50%. The current ROC % is -806.50%. Deep Sea Minerals' overall GF Score™ is 22/100 with 2 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 Deep Sea Minerals (FRA:X450), the current ROC % is -806.50% as of Mar. 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.

Deep Sea Minerals Business Description

Other Exchanges DSEAF:USASEAS:Canada
Address 409 Granville Street, Suite 1600, Vancouver, BC, CAN, V6C 1T2
Deep Sea Minerals Corp is a subsea mineral exploration and development company focused on evaluating opportunities to support the supply of minerals through the acquisition, exploration, and development of deep-sea mineral assets. The company's projects include the Red Line Project and the Twilite Gold Project.
22GF Score

Get the complete analysis for FRA:X450

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

€0.66
Price