Yellow Cake (LSE:YCA) ROC %: 46.07% (As of Sep. 2025)


LSE:YCA Yellow Cake PLC LSE:YCA
47 GF Score
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! 2 Warning Signs
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What is Yellow Cake ROC %?

Yellow Cake LSE:YCA -0.09% 47 ROC % is 46.07% as of Sep. 2025. GuruFocus rates LSE:YCA with a GF Score™ of 47/100. 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 %. Yellow Cake's annualized return on capital (ROC %) for the quarter that ended in Sep. 2025 was 46.07%.

As of today (2026-06-29), Yellow Cake's WACC % is 7.05%. Yellow Cake's ROC % is -1.57% (calculated using TTM income statement data). Yellow Cake earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Yellow Cake  (LSE:YCA) 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, Yellow Cake's WACC % is 7.05%. Yellow Cake's ROC % is -1.57% (calculated using TTM income statement data). Yellow Cake 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.

Yellow Cake ROC % Related Terms

Yellow Cake ROC % Historical Data

* Premium members only.

The historical data trend for Yellow Cake'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.

Yellow Cake ROC % Chart

Yellow Cake Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROC %
Get a 7-Day Free Trial 10.46 69.75 -11.55 52.56 -29.64

Yellow Cake Semi-Annual Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 74.56 32.46 -9.92 -48.84 46.07
LSE:YCA
47GF Score
Yellow Cake PLC LSE:YCA
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Yellow Cake ROC % Calculation

Yellow Cake'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 )
=-364.787 * ( 1 - 0% )/( (1380.033 + 1081.607)/ 2 )
=-364.787/1230.82
=-29.64 %

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))
=1485.193 - 2.789 - ( 104.82 - max(0, 2.789 - 105.16+104.82))
=1380.033

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))
=1097.397 - 2.632 - ( 15.487 - max(0, 2.632 - 15.79+15.487))
=1081.607

Yellow Cake's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=552.266 * ( 1 - 0% )/( (1081.607 + 1315.683)/ 2 )
=552.266/1198.645
=46.07 %

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))
=1097.397 - 2.632 - ( 15.487 - max(0, 2.632 - 15.79+15.487))
=1081.607

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))
=1452.16 - 3.894 - ( 136.294 - max(0, 3.894 - 136.477+136.294))
=1315.683

Note: The Operating Income data used here is two times the semi-annual (Sep. 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 46.07% mean?
Yellow Cake (LSE:YCA) has a ROC % of 46.07% as of Sep. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Yellow Cake and its competitors.
Is Yellow Cake's ROC % too high?
Yellow Cake's current ROC % is 46.07%. Overall, Yellow Cake has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Yellow Cake's ROC % compare to UEC and LEU?
Yellow Cake's ROC % of 46.07% can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?
A good ROC % depends on the Other Energy Sources 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 Yellow Cake and its competitors. Yellow Cake's current ROC % is 46.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yellow Cake stock overvalued right now?
Yellow Cake (LSE:YCA) has a current ROC % of 46.07%. The current ROC % is 46.07%. Yellow Cake's overall GF Score™ is 47/100 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 Yellow Cake (LSE:YCA), the current ROC % is 46.07% as of Sep. 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.

Yellow Cake Business Description

Other Exchanges YLLXF:USAYCAl:UK0LZ:Germany
Address 66-72 Esplanade, 3rd Floor, Gaspe House, Channel Islands, JEY, JE1 2LH
Yellow Cake PLC is a specialist company operating in the uranium sector. The principal activity of the company is to invest in uranium projects. It invests in quoted or unquoted companies producing, developing, or exploring for uranium in Canada, the United States, Australia, and South Africa. The company's only segment being the holding of uranium oxide concentrate (U3O8) for long-term capital appreciation.
47GF 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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