ASGOF (Asante Gold) ROCE %: 10.59% (As of Mar. 2026)


ASGOF Asante Gold Corp ASGOF
33 GF Score
Price $0.49
GF Value $1.02
Valuation Possible Value Trap
! 5 Warning Signs
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What is Asante Gold ROCE %?

Asante Gold ASGOF +5.81% 33 ROCE % is 10.59% as of Mar. 2026. GuruFocus rates ASGOF with a GF Score™ of 33/100 and a GF Value™ of $1.02 (Possible Value Trap). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Asante Gold's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.59%.

Asante Gold  (OTCPK:ASGOF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Asante Gold ROCE % Related Terms

Asante Gold ROCE % Historical Data

* Premium members only.

The historical data trend for Asante Gold's ROCE % 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.

Asante Gold ROCE % Chart

Asante Gold Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.37 -13.13 -15.39 -88.78 -79.40

Asante Gold Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Mar26
ROCE % 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 -34.11 -6.38 -302.66 -285.23 10.59
ASGOF
33GF Score
Asante Gold Corp ASGOF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asante Gold ROCE % Calculation

Asante Gold's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=-143.609/( ( (732.307 - 533.506) + (683.466 - 520.519) )/ 2 )
=-143.609/( (198.801+162.947)/ 2 )
=-143.609/180.874
=-79.40 %

Asante Gold's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Oct. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Oct. 2025 )(Q: Mar. 2026 )
=57.116/( ( (913.081 - 420.893) + (1004.325 - 418.007) )/ 2 )
=57.116/( ( 492.188 + 586.318 )/ 2 )
=57.116/539.253
=10.59 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 10.59% mean?
Asante Gold (ASGOF) has a ROCE % of 10.59% as of Mar. 2026.
Is Asante Gold's ROCE % too high?
Asante Gold's current ROCE % is 10.59%. Overall, Asante Gold has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's ROCE % compare to NEM and AU?
Asante Gold's ROCE % of 10.59% 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 ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Asante Gold's current ROCE % is 10.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asante Gold stock overvalued right now?
Based on GuruFocus' analysis, Asante Gold (ASGOF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.02, compared to a current price of $0.49 — trading 52.3% below its estimated fair value. The current ROCE % is 10.59%. Asante Gold's overall GF Score™ is 33/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Asante Gold (ASGOF), the current ROCE % is 10.59% 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.

Is Asante Gold (ASGOF) Overvalued in 2026?

Based on GuruFocus' analysis, Asante Gold stock appears to be undervalued. The current stock price of $0.49 is trading 52.3% below its estimated GF Value™ of $1.02. GuruFocus considers Asante Gold to be Possible Value Trap.

Key valuation signals for ASGOF:

  • ROCE %: 10.59%
  • GF Value™: $1.02 vs. price of $0.49 (52.3% below fair value)
  • GF Score™: 33/100 with 5 warning signs

No single metric tells the full story. See the ASGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asante Gold Business Description

Address 800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Asante Gold Corp business activity is the operation of its two gold mines, the Bibiani Gold Mine and the Chirano Gold Mine, in the Republic of Ghana through a holding of interest in its subsidiaries. The Company is conducting exploration activities on properties assessed to be of merit for locating additional mineral resources, and has acquired or has options to acquire mining concession rights to additional properties in Ghana, where it is actively engaged in exploration and evaluation activities. The Company reports the results of two operating segments, the Bibiani Gold Mine and the Chirano Gold Mine, which generate maximum revenue.
33GF Score

Get the complete analysis for ASGOF

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.49
Price
$1.02
GF Value