M3 Mining (ASX:M3M) ROCE %: -149.21% (As of Dec. 2025)


What is M3 Mining ROCE %?

M3 Mining ASX:M3M ROCE % is -149.21% as of Dec. 2025. The stock has 2 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. M3 Mining's annualized ROCE % for the quarter that ended in Dec. 2025 was -149.21%.

M3 Mining  (ASX:M3M) 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.

M3 Mining ROCE % Related Terms

M3 Mining ROCE % Historical Data

* Premium members only.

The historical data trend for M3 Mining'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.

M3 Mining ROCE % Chart

M3 Mining Annual Data
Trend Jun22 Jun23 Jun24 Jun25
ROCE %
-39.21 -70.52 -95.84 -139.39

M3 Mining Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Jun25 Dec25
ROCE % Get a 7-Day Free Trial -75.84 -92.27 -117.65 0.00 -149.21

M3 Mining ROCE % Calculation

M3 Mining's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=-1.872/( ( (2.116 - 0.279) + (1.021 - 0.172) )/ 2 )
=-1.872/( (1.837+0.849)/ 2 )
=-1.872/1.343
=-139.39 %

M3 Mining's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-2.13/( ( (1.021 - 0.172) + (2.049 - 0.043) )/ 2 )
=-2.13/( ( 0.849 + 2.006 )/ 2 )
=-2.13/1.4275
=-149.21 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 -149.21% mean?
M3 Mining (ASX:M3M) has a ROCE % of -149.21% as of Dec. 2025.
Is M3 Mining's ROCE % too high?
M3 Mining's current ROCE % is -149.21%.
How does M3 Mining's ROCE % compare to HL?
M3 Mining's ROCE % of -149.21% 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. M3 Mining's current ROCE % is -149.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M3 Mining stock overvalued right now?
M3 Mining (ASX:M3M) has a current ROCE % of -149.21%. The current ROCE % is -149.21%. 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 M3 Mining (ASX:M3M), the current ROCE % is -149.21% 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.

M3 Mining Business Description

Address 216 Street Georges Terrace, Level 8 London House, West Perth, Perth, WA, AUS, 6000
M3 Mining Ltd is a mining exploration company. It focuses on unlocking copper and gold deposit in West Australian mining jurisdiction. The company's project includes Victoria Bore Copper and Edjudina Gold. The Company has one reportable segment, being mineral exploration in Australia.