PZG (Paramount Gold Nevada) ROC %: -17.61% (As of Mar. 2026)

What is Paramount Gold Nevada ROC %?

Paramount Gold Nevada PZG +1.79% 31 ROC % is -17.61% as of Mar. 2026. GuruFocus rates PZG with a GF Score™ of 31/100. The stock has 1 warning sign 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 %. Paramount Gold Nevada's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -17.61%.

As of today (2026-07-01), Paramount Gold Nevada's WACC % is 10.37%. Paramount Gold Nevada's ROC % is -15.67% (calculated using TTM income statement data). Paramount Gold Nevada earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Paramount Gold Nevada (AMEX:PZG) 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, Paramount Gold Nevada's WACC % is 10.37%. Paramount Gold Nevada's ROC % is -15.67% (calculated using TTM income statement data). Paramount Gold Nevada 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.

Paramount Gold Nevada ROC % Related Terms

Paramount Gold Nevada ROC % Historical Data

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The historical data trend for Paramount Gold Nevada'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.

Paramount Gold Nevada ROC % Chart

Paramount Gold Nevada Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

ROC %

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-11.84

-14.53

-10.89

-15.34

-13.79

Paramount Gold Nevada Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROC %	Get a 7-Day Free Trial															-17.56	-17.01	-11.78	-16.18	-17.61

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Paramount Gold Nevada Corp PZG

ROC % is just one metric. See GF Score™, valuation, warning signs, and more.

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Paramount Gold Nevada ROC % Calculation

Paramount Gold Nevada'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 )
=	-6.956 * ( 1 - 0% )	/	( (50.375	+	50.512)	/ 2 )
=	-6.956	/	50.4435
=	-13.79 %

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	))
=	56.362	-	0.564	-	( 5.423	-	max(0, 0.684	-	6.743	+	5.423	))
=	50.375

	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	))
=	52.403	-	0.54	-	( 1.351	-	max(0, 0.66	-	2.707	+	1.351	))
=	50.512

Paramount Gold Nevada'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: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	-9.428 * ( 1 - 0% )	/	( (53.133	+	53.97)	/ 2 )
=	-9.428	/	53.5515
=	-17.61 %

where

	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	))
=	53.859	-	0.698	-	( 3.537	-	max(0, 4.125	-	4.153	+	3.537	))
=	53.133

	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	))
=	62.932	-	0.624	-	( 12.701	-	max(0, 4.889	-	13.227	+	12.701	))
=	53.97

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -17.61% mean?

Paramount Gold Nevada (PZG) has a ROC % of -17.61% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Paramount Gold Nevada and its competitors.

Is Paramount Gold Nevada's ROC % too high?

Paramount Gold Nevada's current ROC % is -17.61%. Overall, Paramount Gold Nevada has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.

How does Paramount Gold Nevada's ROC % compare to NAMM and BSAI?

Paramount Gold Nevada's ROC % of -17.61% 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 Paramount Gold Nevada and its competitors. Paramount Gold Nevada's current ROC % is -17.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Paramount Gold Nevada stock overvalued right now?

Paramount Gold Nevada (PZG) has a current ROC % of -17.61%. The current ROC % is -17.61%. Paramount Gold Nevada's overall GF Score™ is 31/100 with 1 warning sign 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 Paramount Gold Nevada (PZG), the current ROC % is -17.61% 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.

Paramount Gold Nevada Business Description

Industry Basic Materials Metals & Mining

Comparable Companies NAMM BSAI FTCO AUST RYES BGL NGLD PGOL ALGLF MAGE NEM SHSE:601899 TSX:AEM TSX:ABX TSX:WPM TSX:FNV AU HKSE:02259 JSE:GFI TSX:K

Other Exchanges P9G:Germany

Address 665 Anderson Street, Winnemucca, NV, USA, 89445

Website https://www.paramountnevada.com

Paramount Gold Nevada Corp is an exploration-stage mining company. Together with its subsidiaries, the company is engaged in the business of acquiring, exploring, and developing precious metal projects in the United States. Also, it explores for gold and silver. The company enhances the value of projects by implementing exploration and engineering programs that are likely to expand and upgrade known mineralized material to reserves. Its projects include sleeper gold, grassy mountain gold, frost project, other non-material, and others.

31GF Score

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