New Talisman Gold Mines (NZSE:NTL) ROC %: 78.16% (As of Mar. 2025)


What is New Talisman Gold Mines ROC %?

New Talisman Gold Mines NZSE:NTL ROC % is 78.16% as of Mar. 2025.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. New Talisman Gold Mines's annualized return on capital (ROC %) for the quarter that ended in Mar. 2025 was 78.16%.

As of today (2026-06-27), New Talisman Gold Mines's WACC % is -6.06%. New Talisman Gold Mines's ROC % is 25.17% (calculated using TTM income statement data). New Talisman Gold Mines generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.

New Talisman Gold Mines  (NZSE:NTL) 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, New Talisman Gold Mines's WACC % is -6.06%. New Talisman Gold Mines's ROC % is 25.17% (calculated using TTM income statement data). New Talisman Gold Mines generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.

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.

New Talisman Gold Mines ROC % Related Terms

New Talisman Gold Mines ROC % Historical Data

* Premium members only.

The historical data trend for New Talisman Gold Mines'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.

New Talisman Gold Mines ROC % Chart

New Talisman Gold Mines Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -46.67 -25.95 -18.94 33.22 -13.62

New Talisman Gold Mines Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.02 -28.36 -18.79 78.16 0.00

New Talisman Gold Mines ROC % Calculation

New Talisman Gold Mines'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 )
=-2.212 * ( 1 - 0% )/( (15.86 + 16.612)/ 2 )
=-2.212/16.236
=-13.62 %

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))
=16.674 - 0.4 - ( 0.641 - max(0, 0.509 - 0.923+0.641))
=15.86

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))
=17.895 - 0.372 - ( 1.177 - max(0, 0.452 - 1.363+1.177))
=16.612

New Talisman Gold Mines's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2025 is calculated as:

ROC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=9.878 * ( 1 - 0% )/( (9.417 + 15.86)/ 2 )
=9.878/12.6385
=78.16 %

where

Invested Capital(Q: Sep. 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))
=10.811 - 0.204 - ( 1.243 - max(0, 0.369 - 1.559+1.243))
=9.417

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))
=16.674 - 0.4 - ( 0.641 - max(0, 0.509 - 0.923+0.641))
=15.86

Note: The Operating Income data used here is two times the semi-annual (Mar. 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 78.16% mean?
New Talisman Gold Mines (NZSE:NTL) has a ROC % of 78.16% as of Mar. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on New Talisman Gold Mines and its competitors.
Is New Talisman Gold Mines' ROC % too high?
New Talisman Gold Mines' current ROC % is 78.16%.
How does New Talisman Gold Mines' ROC % compare to NEM and AU?
New Talisman Gold Mines' ROC % of 78.16% 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 New Talisman Gold Mines and its competitors. New Talisman Gold Mines's current ROC % is 78.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Talisman Gold Mines stock overvalued right now?
New Talisman Gold Mines (NZSE:NTL) has a current ROC % of 78.16%. The current ROC % is 78.16%. 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 New Talisman Gold Mines (NZSE:NTL), the current ROC % is 78.16% as of Mar. 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.

New Talisman Gold Mines Business Description

Address 2b Gibraltar Cres, Parnell, Auckland, NTL, NZL, 1052
New Talisman Gold Mines Ltd is engaged in mine development and mineral exploration. The company's projects include the Talisman and Rahu mine projects. The Talisman mine comprises the Maria, Crown/Welcome, and Mystery veins. During the current period, the company had one business segment: mining and exploration operations.