Macallum New Energy (ASX:MNE) ROCE %: -21.83% (As of Dec. 2025)


ASX:MNE Macallum New Energy Ltd ASX:MNE
16 GF Score
Price A$0.14
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What is Macallum New Energy ROCE %?

Macallum New Energy ASX:MNE 16 ROCE % is -21.83% as of Dec. 2025. GuruFocus rates ASX:MNE with a GF Score™ of 16/100.

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. Macallum New Energy's annualized ROCE % for the quarter that ended in Dec. 2025 was -21.83%.

Macallum New Energy  (ASX:MNE) 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.

Macallum New Energy ROCE % Related Terms

Macallum New Energy ROCE % Historical Data

* Premium members only.

The historical data trend for Macallum New Energy'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.

Macallum New Energy ROCE % Chart

Macallum New Energy Annual Data
Trend Jun23 Jun24 Jun25
ROCE %
0.00 0.00 -9.06

Macallum New Energy Semi-Annual Data
Jun23 Jun24 Jun25 Dec25
ROCE % 0.00 0.00 0.00 -21.83
ASX:MNE
16GF Score
Macallum New Energy Ltd ASX:MNE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Macallum New Energy ROCE % Calculation

Macallum New Energy'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 )
=-1.388/( ( (0 - 0) + (15.62 - 0.306) )/ 1 )
=-1.388/( (0+15.314)/ 1 )
=-1.388/15.314
=-9.06 %

Macallum New Energy'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 )
=-2.43/( ( (15.62 - 0.306) + (7.633 - 0.682) )/ 2 )
=-2.43/( ( 15.314 + 6.951 )/ 2 )
=-2.43/11.1325
=-21.83 %

(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 -21.83% mean?
Macallum New Energy (ASX:MNE) has a ROCE % of -21.83% as of Dec. 2025.
Is Macallum New Energy's ROCE % too high?
Macallum New Energy's current ROCE % is -21.83%. Overall, Macallum New Energy has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Macallum New Energy's ROCE % compare to COP and EOG?
Macallum New Energy's ROCE % of -21.83% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.79, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. 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. For the Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macallum New Energy's current ROCE % is -21.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macallum New Energy stock overvalued right now?
Macallum New Energy (ASX:MNE) has a current ROCE % of -21.83%. The current ROCE % is -21.83%. Macallum New Energy's overall GF Score™ is 16/100. 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 Macallum New Energy (ASX:MNE), the current ROCE % is -21.83% 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.

Macallum New Energy Business Description

Industry EnergyOil & Gas
Address 11 Moreau Mews, Applecross, WA, AUS, 6153
Macallum New Energy Ltd is an oil and gas exploration company. The company is focused on the assessment and future development of its exploration projects located in the onshore Northern Perth Basin in Western Australia.
16GF Score

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

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