ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Perseus Mining's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 23.29%.
As of today (2026-06-24), Perseus Mining's WACC % is 7.44%. Perseus Mining's ROC % is 26.23% (calculated using TTM income statement data).
Perseus Mining 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.
Perseus Mining (TSX:PRU) 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, Perseus Mining's WACC % is 7.44%. Perseus Mining's ROC % is 26.23% (calculated using TTM income statement data).
Perseus Mining 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.
Perseus Mining ROC % Related Terms
Perseus Mining ROC % Historical Data
* Premium members only.
The historical data trend for Perseus Mining'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.
Perseus Mining (TSX:PRU) has a ROC % of 23.29% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Perseus Mining and its competitors.
Is Perseus Mining's ROC % too high?
Perseus Mining's current ROC % is 23.29%. Overall, Perseus Mining has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perseus Mining's ROC % compare to NEM and AU?
Perseus Mining's ROC % of 23.29% 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 Perseus Mining and its competitors. Perseus Mining's current ROC % is 23.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perseus Mining stock overvalued right now?
Based on GuruFocus' analysis, Perseus Mining (TSX:PRU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$3.57, compared to a current price of C$4.94 — trading 38.4% above its estimated fair value. The current ROC % is 23.29%. Perseus Mining's overall GF Score™ is 95/100 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 Perseus Mining (TSX:PRU), the current ROC % is 23.29% 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 Perseus Mining (TSX:PRU) Overvalued in 2026?
Based on GuruFocus' analysis, Perseus Mining stock appears to be overvalued.
The current stock price of C$4.94 is trading 38.4% above its estimated GF Value™ of C$3.57.
GuruFocus considers Perseus Mining to be Significantly Overvalued.
Key valuation signals for TSX:PRU:
ROC %: 23.29%
GF Value™: C$3.57 vs. price of C$4.94 (38.4% above fair value)
No single metric tells the full story. See the TSX:PRU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Perseus is an Australia-based gold miner. It sold around 490,000 ounces of gold in fiscal 2025 from its three majority-owned mines in West Africa. Founded in 2004, Perseus bought all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 80%-owned Nyanzaga gold development in Tanzania in fiscal 2024. It had about a decade of reserves at end fiscal 2025. We forecast it sells about 500,000 ounces of gold in fiscal 2030.
95GF Score
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