Surefire Resources NL (ASX:SRN) ROCE %: -68.74% (As of Dec. 2025)


What is Surefire Resources NL ROCE %?

Surefire Resources NL ASX:SRN -16.00% ROCE % is -68.74% as of Dec. 2025. 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. Surefire Resources NL's annualized ROCE % for the quarter that ended in Dec. 2025 was -68.74%.


Surefire Resources NL  (ASX:SRN) 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.


Surefire Resources NL ROCE % Related Terms


Surefire Resources NL ROCE % Historical Data

* Premium members only.

The historical data trend for Surefire Resources NL'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.

Surefire Resources NL ROCE % Chart

Surefire Resources NL Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -276.31 -65.63 -118.87 -191.48 -109.44

Surefire Resources NL 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 -185.47 -105.47 -107.95 -75.97 -68.74

Surefire Resources NL ROCE % Calculation

Surefire Resources NL'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 )
=-2.95/( ( (14.54 - 12.286) + (13.174 - 10.037) )/ 2 )
=-2.95/( (2.254+3.137)/ 2 )
=-2.95/2.6955
=-109.44 %

Surefire Resources NL'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 )
=-2.578/( ( (13.174 - 10.037) + (13.732 - 9.368) )/ 2 )
=-2.578/( ( 3.137 + 4.364 )/ 2 )
=-2.578/3.7505
=-68.74 %

(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 -68.74% mean?
Surefire Resources NL (ASX:SRN) has a ROCE % of -68.74% as of Dec. 2025.
Is Surefire Resources NL's ROCE % too high?
Surefire Resources NL's current ROCE % is -68.74%.
How does Surefire Resources NL's ROCE % compare to competitors?
Surefire Resources NL's ROCE % of -68.74% 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. Surefire Resources NL's current ROCE % is -68.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surefire Resources NL stock overvalued right now?
Surefire Resources NL (ASX:SRN) has a current ROCE % of -68.74%. The current ROCE % is -68.74%. 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 Surefire Resources NL (ASX:SRN), the current ROCE % is -68.74% 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.

Surefire Resources NL Business Description

Other Exchanges GBL:Germany
Address 100 Mill Point Road, Unit 10, South Perth, Perth, WA, AUS, 6151
Surefire Resources NL is a mineral exploration company. The company's projects include Vanadium Resources and Kooline lead-Silver Project. The Vanadium Resources Project is located in the Mid West of Western Australia and the Kooline Project is located in the Ashburton province of Western Australia. Business revenue is received from sources and assets located within Australia. The Company focused on progressing the Victory Bore project and advancing the Yidby (gold) project, along with exploration on its other greenfield projects at Kadji (nickel-copper-PGE's) and Kooline (lead-silver), and Perenjori Iron Ore projects.