ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Mineral Resources's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 9.40%.
As of today (2026-06-25), Mineral Resources's WACC % is 12.55%. Mineral Resources's ROC % is 4.22% (calculated using TTM income statement data).
Mineral Resources earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Mineral Resources (OTCPK:MALRY) 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, Mineral Resources's WACC % is 12.55%. Mineral Resources's ROC % is 4.22% (calculated using TTM income statement data).
Mineral Resources 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.
Mineral Resources ROC % Related Terms
Mineral Resources ROC % Historical Data
* Premium members only.
The historical data trend for Mineral Resources'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.
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.
Mineral Resources (MALRY) has a ROC % of 9.40% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Mineral Resources and its competitors.
Is Mineral Resources' ROC % too high?
Mineral Resources' current ROC % is 9.40%. Overall, Mineral Resources has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mineral Resources' ROC % compare to competitors?
Mineral Resources' ROC % of 9.40% 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 Mineral Resources and its competitors. Mineral Resources's current ROC % is 9.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Resources stock overvalued right now?
Based on GuruFocus' analysis, Mineral Resources (MALRY) is currently considered Modestly Undervalued. The stock's GF Value™ is $52.89, compared to a current price of $44.42 — trading 16% below its estimated fair value. The current ROC % is 9.40%. Mineral Resources' overall GF Score™ is 85/100 with 12 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 Mineral Resources (MALRY), the current ROC % is 9.40% 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.
Is Mineral Resources (MALRY) Overvalued in 2026?
Based on GuruFocus' analysis, Mineral Resources stock appears to be undervalued.
The current stock price of $44.42 is trading 16% below its estimated GF Value™ of $52.89.
GuruFocus considers Mineral Resources to be Modestly Undervalued.
Key valuation signals for MALRY:
ROC %: 9.40%
GF Value™: $52.89 vs. price of $44.42 (16% below fair value)
No single metric tells the full story. See the MALRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.
85GF Score
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