IMC (IMC Rare Earths) ROC %: -74.99% (As of Mar. 2026)

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IMC IMC Rare Earths Ltd IMC
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What is IMC Rare Earths ROC %?

IMC Rare Earths IMC +1.91% 12 ROC % is -74.99% as of Mar. 2026. GuruFocus rates IMC with a GF Score™ of 12/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. IMC Rare Earths's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -74.99%.

As of today (2026-08-11), IMC Rare Earths's WACC % is 10.69%. IMC Rare Earths's ROC % is -74.99% (calculated using TTM income statement data). IMC Rare Earths earns returns that do not match up to its cost of capital. It will destroy value as it grows.

IMC Rare Earths  (AMEX:IMC) 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, IMC Rare Earths's WACC % is 10.69%. IMC Rare Earths's ROC % is -74.99% (calculated using TTM income statement data). IMC Rare Earths 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.

IMC Rare Earths ROC % Related Terms

IMC Rare Earths ROC % Historical Data

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The historical data trend for IMC Rare Earths'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.

IMC Rare Earths ROC % Chart

IMC Rare Earths Annual Data
Trend Mar25 Mar26
ROC %
-78.74 -74.99

IMC Rare Earths Semi-Annual Data
Mar25 Mar26
ROC % -78.74 -74.99
IMC
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IMC Rare Earths Ltd IMC
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IMC Rare Earths ROC % Calculation

IMC Rare Earths's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=-3.191 * ( 1 - 0% )/( (2.451 + 6.059)/ 2 )
=-3.191/4.255
=-74.99 %

where

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 - 0.409 - ( 0 - max(0, 2.86 - 0+0))
=2.451

Invested Capital(A: 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))
=2.894 - 1.051 - ( 2.726 - max(0, 7.11 - 2.894+2.726))
=6.059

IMC Rare Earths'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: Mar. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-3.191 * ( 1 - 0% )/( (2.451 + 6.059)/ 2 )
=-3.191/4.255
=-74.99 %

where

Invested Capital(Q: 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 - 0.409 - ( 0 - max(0, 2.86 - 0+0))
=2.451

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))
=2.894 - 1.051 - ( 2.726 - max(0, 7.11 - 2.894+2.726))
=6.059

Note: The Operating Income data used here is one times the annual (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 -74.99% mean?
IMC Rare Earths (IMC) has a ROC % of -74.99% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on IMC Rare Earths and its competitors.
Is IMC Rare Earths' ROC % too high?
IMC Rare Earths' current ROC % is -74.99%. Overall, IMC Rare Earths has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does IMC Rare Earths' ROC % compare to ?
IMC Rare Earths' ROC % of -74.99% 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 IMC Rare Earths and its competitors. IMC Rare Earths's current ROC % is -74.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMC Rare Earths stock overvalued right now?
IMC Rare Earths (IMC) has a current ROC % of -74.99%. The current ROC % is -74.99%. IMC Rare Earths' overall GF Score™ is 12/100. 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 IMC Rare Earths (IMC), the current ROC % is -74.99% 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.

IMC Rare Earths Business Description

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Address Avenida Paulista, 1765, 7th Floor, Sao Paulo, SP, BRA, 0311-930
IMC Rare Earths Ltd is a mineral exploration and development company engaged in the exploration, evaluation and development of minerals and metals in Brazil. Its main REE project is the Itarantim Project located in the States of Bahia and Minas Gerais, Brazil.
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