KAIFF (Pilbara Gold) ROC %: -11.27% (As of Dec. 2025)


KAIFF Pilbara Gold Ltd KAIFF
34 GF Score
Price $0.37
! 2 Warning Signs
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What is Pilbara Gold ROC %?

Pilbara Gold KAIFF 34 ROC % is -11.27% as of Dec. 2025. GuruFocus rates KAIFF with a GF Score™ of 34/100. 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 %. Pilbara Gold's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was -11.27%.

As of today (2026-06-24), Pilbara Gold's WACC % is 10.91%. Pilbara Gold's ROC % is -43.74% (calculated using TTM income statement data). Pilbara Gold earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Pilbara Gold  (OTCPK:KAIFF) 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, Pilbara Gold's WACC % is 10.91%. Pilbara Gold's ROC % is -43.74% (calculated using TTM income statement data). Pilbara 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.

Pilbara Gold ROC % Related Terms

Pilbara Gold ROC % Historical Data

* Premium members only.

The historical data trend for Pilbara 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.

Pilbara Gold ROC % Chart

Pilbara Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.10 -18.07 -8.48 -4.66 -42.17

Pilbara Gold Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 -5.25 -4.02 -14.68 -86.58 -11.27
KAIFF
34GF Score
Pilbara Gold Ltd KAIFF
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pilbara Gold ROC % Calculation

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

ROC % (A: Jun. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2024 ) + Invested Capital (A: Jun. 2025 ))/ count )
=-7.229 * ( 1 - 0% )/( (21.391 + 12.894)/ 2 )
=-7.229/17.1425
=-42.17 %

where

Invested Capital(A: Jun. 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))
=24.524 - 0.183 - ( 3.124 - max(0, 0.252 - 3.202+3.124))
=21.391

Invested Capital(A: Jun. 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))
=19.706 - 2.047 - ( 6.638 - max(0, 2.128 - 6.893+6.638))
=12.894

Pilbara Gold'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: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-1.812 * ( 1 - 0% )/( (12.894 + 19.26)/ 2 )
=-1.812/16.077
=-11.27 %

where

Invested Capital(Q: Jun. 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))
=19.706 - 2.047 - ( 6.638 - max(0, 2.128 - 6.893+6.638))
=12.894

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))
=36.229 - 1.965 - ( 16.647 - max(0, 2.043 - 17.047+16.647))
=19.26

Note: The Operating Income data used here is two times the semi-annual (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 -11.27% mean?
Pilbara Gold (KAIFF) has a ROC % of -11.27% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Pilbara Gold and its competitors.
Is Pilbara Gold's ROC % too high?
Pilbara Gold's current ROC % is -11.27%. Overall, Pilbara Gold has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Pilbara Gold's ROC % compare to NEM and AU?
Pilbara Gold's ROC % of -11.27% 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 Pilbara Gold and its competitors. Pilbara Gold's current ROC % is -11.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pilbara Gold stock overvalued right now?
Pilbara Gold (KAIFF) has a current ROC % of -11.27%. The current ROC % is -11.27%. Pilbara Gold's overall GF Score™ is 34/100 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 Pilbara Gold (KAIFF), the current ROC % is -11.27% 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.

Pilbara Gold Business Description

Other Exchanges YAJ1:GermanyPGL:Australia
Address 100 Railway Road, Suite 12, Level 1, Daglish, WA, AUS, 6008
Pilbara Gold Ltd is an Australian gold explorer that owns 100% of the 2.1 Moz Mt York Gold Deposit - the undeveloped, free-milling gold project in the Pilbara region of WA. Its projects are the Mt York Gold Project and the Roe Hills Project.
34GF Score

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

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