Noble Helium (ASX:NHE) ROCE %: -6.40% (As of Dec. 2025)


What is Noble Helium ROCE %?

Noble Helium ASX:NHE +13.04% ROCE % is -6.40% as of Dec. 2025. The stock has 4 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. Noble Helium's annualized ROCE % for the quarter that ended in Dec. 2025 was -6.40%.

Noble Helium  (ASX:NHE) 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.

Noble Helium ROCE % Related Terms

Noble Helium ROCE % Historical Data

* Premium members only.

The historical data trend for Noble Helium'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.

Noble Helium ROCE % Chart

Noble Helium Annual Data
Trend Jun22 Jun23 Jun24 Jun25
ROCE %
-25.95 -15.78 -13.25 -24.64

Noble Helium Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % Get a 7-Day Free Trial Premium Member Only -16.76 -7.23 -22.27 -22.91 -6.40

Noble Helium ROCE % Calculation

Noble Helium'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 )
=-10.182/( ( (51.163 - 6.331) + (48.887 - 11.067) )/ 2 )
=-10.182/( (44.832+37.82)/ 2 )
=-10.182/41.326
=-24.64 %

Noble Helium'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 )
=-2.438/( ( (48.887 - 11.067) + (51.013 - 12.682) )/ 2 )
=-2.438/( ( 37.82 + 38.331 )/ 2 )
=-2.438/38.0755
=-6.40 %

(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 -6.40% mean?
Noble Helium (ASX:NHE) has a ROCE % of -6.40% as of Dec. 2025.
Is Noble Helium's ROCE % too high?
Noble Helium's current ROCE % is -6.40%.
How does Noble Helium's ROCE % compare to LIN and SHW?
Noble Helium's ROCE % of -6.40% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.42, based on 1,595 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 Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble Helium's current ROCE % is -6.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Helium stock overvalued right now?
Noble Helium (ASX:NHE) has a current ROCE % of -6.40%. The current ROCE % is -6.40%. 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 Noble Helium (ASX:NHE), the current ROCE % is -6.40% 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.

Noble Helium Business Description

Other Exchanges NBHEF:USAGN1:Germany
Address 216 St. Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000
Noble Helium Ltd is an Australian helium exploration company. It is focused on advancing its projects in Tanzania's East African Rift System to meet the growing need for a primary, carbon-free, and geopolitically independent source of helium. The company is focused on advancing its flagship project, the North Rukwa project, which is strategically located within Tanzania's Rukwa Basin. Additionally, it holds prospecting licences (PLs) in the North Nyasa and Eyasi basins, and prospecting licence applications (PLAs) in the Manyara basins in Tanzania. Noble operates in one reportable segment, being mineral exploration in the United Republic of Tanzania.