TVCCF (Winchester Equity) ROC %: -13.85% (As of Dec. 2025)

What is Winchester Equity ROC %?

Winchester Equity TVCCF ROC % is -13.85% as of Dec. 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 %. Winchester Equity's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was -13.85%.

As of today (2026-06-30), Winchester Equity's WACC % is 13.61%. Winchester Equity's ROC % is -22.29% (calculated using TTM income statement data). Winchester Equity earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Winchester Equity (OTCPK:TVCCF) 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, Winchester Equity's WACC % is 13.61%. Winchester Equity's ROC % is -22.29% (calculated using TTM income statement data). Winchester Equity 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.

Winchester Equity ROC % Related Terms

Winchester Equity ROC % Historical Data

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The historical data trend for Winchester Equity'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.

Winchester Equity ROC % Chart

Winchester Equity Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROC %

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-22.51

-8.57

-154.25

-32.00

-18.74

Winchester Equity Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25
ROC %	Get a 7-Day Free Trial															-28.07	-31.72	-32.76	-17.22	-13.85

Winchester Equity ROC % Calculation

Winchester Equity's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

	ROC % (A: Dec. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2024 )	+	Invested Capital (A: Dec. 2025 ))	/ count )
=	-0.246 * ( 1 - 0% )	/	( (1.09	+	1.535)	/ 2 )
=	-0.246	/	1.3125
=	-18.74 %

where

	Invested Capital		(A: Dec. 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	))
=	2.933	-	0.048	-	( 1.795	-	max(0, 0.048	-	2.933	+	1.795	))
=	1.09

	Invested Capital		(A: 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	))
=	3.243	-	0.057	-	( 1.651	-	max(0, 0.057	-	3.243	+	1.651	))
=	1.535

Winchester Equity's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2025 is calculated as:

	ROC % (Q: Dec. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2025 )	+	Invested Capital (Q: Dec. 2025 ))	/ count )
=	-0.176 * ( 1 - 0% )	/	( (1.007	+	1.535)	/ 2 )
=	-0.176	/	1.271
=	-13.85 %

where

	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	))
=	3.069	-	0.036	-	( 2.026	-	max(0, 0.036	-	3.069	+	2.026	))
=	1.007

	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	))
=	3.243	-	0.057	-	( 1.651	-	max(0, 0.057	-	3.243	+	1.651	))
=	1.535

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -13.85% mean?

Winchester Equity (TVCCF) has a ROC % of -13.85% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Winchester Equity and its competitors.

Is Winchester Equity's ROC % too high?

Winchester Equity's current ROC % is -13.85%.

How does Winchester Equity's ROC % compare to SCCO and FCX?

Winchester Equity's ROC % of -13.85% 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 Winchester Equity and its competitors. Winchester Equity's current ROC % is -13.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Winchester Equity stock overvalued right now?

Winchester Equity (TVCCF) has a current ROC % of -13.85%. The current ROC % is -13.85%. 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 Winchester Equity (TVCCF), the current ROC % is -13.85% 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.

Winchester Equity Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSXV:INFI TSXV:WCU TSXV:CPER TSXV:LXE SCCO FCX LSE:ANTO LIM:CVERDEC1 TSX:FM TSX:LUN SHSE:600362 WAR:KGH SZSE:301511 SZSE:000630 HKSE:01208 TSX:HBM SZSE:002203 TSX:CS ASX:SFR HKSE:01258

Other Exchanges W3K:Germany WEC:Canada

Address 217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2

Website https://www.srhi.ca

Winchester Equity Corp Formerly Three Valley Copper Corpis focused on growing copper production and exploration of its primary asset, MTV located in Salamanca, Chile.