Southern Palladium (ASX:SPD) ROCE %: -32.97% (As of Dec. 2025)

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ASX:SPD Southern Palladium Ltd ASX:SPD
31 GF Score
Price A$1.28
! 1 Warning Sign
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What is Southern Palladium ROCE %?

Southern Palladium ASX:SPD -8.60% 31 ROCE % is -32.97% as of Dec. 2025. GuruFocus rates ASX:SPD with a GF Score™ of 31/100. The stock has 1 warning sign 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. Southern Palladium's annualized ROCE % for the quarter that ended in Dec. 2025 was -32.97%.

Southern Palladium  (ASX:SPD) 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.

Southern Palladium ROCE % Related Terms

Southern Palladium ROCE % Historical Data

* Premium members only.

The historical data trend for Southern Palladium'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.

Southern Palladium ROCE % Chart

Southern Palladium Annual Data
Trend Jun22 Jun23 Jun24 Jun25
ROCE %
-6.22 -19.06 -25.33 -18.87

Southern Palladium Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % Get a 7-Day Free Trial Premium Member Only -4.34 -49.10 -29.15 -12.11 -32.97
ASX:SPD
31GF Score
Southern Palladium Ltd ASX:SPD
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Southern Palladium ROCE % Calculation

Southern Palladium'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 )
=-5.095/( ( (25.113 - 0.138) + (29.735 - 0.699) )/ 2 )
=-5.095/( (24.975+29.036)/ 2 )
=-5.095/27.0055
=-18.87 %

Southern Palladium'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 )
=-11.948/( ( (29.735 - 0.699) + (43.723 - 0.283) )/ 2 )
=-11.948/( ( 29.036 + 43.44 )/ 2 )
=-11.948/36.238
=-32.97 %

(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 -32.97% mean?
Southern Palladium (ASX:SPD) has a ROCE % of -32.97% as of Dec. 2025.
Is Southern Palladium's ROCE % too high?
Southern Palladium's current ROCE % is -32.97%. Overall, Southern Palladium has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Southern Palladium's ROCE % compare to HL?
Southern Palladium's ROCE % of -32.97% 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. Southern Palladium's current ROCE % is -32.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Palladium stock overvalued right now?
Southern Palladium (ASX:SPD) has a current ROCE % of -32.97%. The current ROCE % is -32.97%. Southern Palladium's overall GF Score™ is 31/100 with 1 warning sign 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 Southern Palladium (ASX:SPD), the current ROCE % is -32.97% 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.

Southern Palladium Business Description

Other Exchanges SDL:South Africa
Address 283 George Street, Level 1, Sydney, NSW, AUS, 2000
Southern Palladium Ltd is an Australian mining and exploration company focused on the acquisition and development of platinum group metal (PGM) projects. Its primary asset is a majority interest in the Bengwenyama project in South Africa, which hosts palladium, rhodium, platinum, and other PGMs. These metals are used in various industrial applications, including automotive catalytic converters and clean energy technologies. The company generates revenue through the exploration, development, and eventual production of these metals, serving markets in various countries. The majority of the income generated is through interest income. Its operations mainly target PGM projects in South Africa.
31GF 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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