Sky Metals (ASX:SKY) ROCE %: -12.58% (As of Dec. 2025)


ASX:SKY Sky Metals Ltd ASX:SKY
29 GF Score
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What is Sky Metals ROCE %?

Sky Metals ASX:SKY -2.08% 29 ROCE % is -12.58% as of Dec. 2025. GuruFocus rates ASX:SKY with a GF Score™ of 29/100. The stock has 3 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. Sky Metals's annualized ROCE % for the quarter that ended in Dec. 2025 was -12.58%.

Sky Metals  (ASX:SKY) 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.

Sky Metals ROCE % Related Terms

Sky Metals ROCE % Historical Data

* Premium members only.

The historical data trend for Sky Metals'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.

Sky Metals ROCE % Chart

Sky Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.61 -20.84 -12.36 -53.71 -12.96

Sky Metals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -12.83 -14.71 -13.67 -18.22 -12.58
ASX:SKY
29GF Score
Sky Metals Ltd ASX:SKY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sky Metals ROCE % Calculation

Sky Metals's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-2.092/( ( (15.515 - 0.665) + (18.418 - 0.978) )/ 2 )
=-2.092/( (14.85+17.44)/ 2 )
=-2.092/16.145
=-12.96 %

Sky Metals'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 )
=-2.906/( ( (21.942 - 1.268) + (26.453 - 0.925) )/ 2 )
=-2.906/( ( 20.674 + 25.528 )/ 2 )
=-2.906/23.101
=-12.58 %

(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 -12.58% mean?
Sky Metals (ASX:SKY) has a ROCE % of -12.58% as of Dec. 2025.
Is Sky Metals' ROCE % too high?
Sky Metals' current ROCE % is -12.58%. Overall, Sky Metals has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Sky Metals' ROCE % compare to NEM and AU?
Sky Metals' ROCE % of -12.58% 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. Sky Metals's current ROCE % is -12.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Metals stock overvalued right now?
Sky Metals (ASX:SKY) has a current ROCE % of -12.58%. The current ROCE % is -12.58%. Sky Metals' overall GF Score™ is 29/100 with 3 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 Sky Metals (ASX:SKY), the current ROCE % is -12.58% 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.

Sky Metals Business Description

Address 2 Hawthorn Place, P.O. Box 8620, Orange, NSW, AUS, 2800
Sky Metals Ltd is identifying and evaluating mineral exploration for tin, copper, and gold in New South Wales. The company's projects include the Tallebung Tin Project in central-western NSW. Tallebung is an open-pit, technology-enabled, near-term development project. Its other projects include the Caledonian Project, Iron Duke Copper-Gold Project, Doradilla Project, Narriah Project, Kangiara Project, and Cullarin Project.
29GF 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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