CGDCF (Carlin Gold) ROCE %: -6.15% (As of Mar. 2026)


CGDCF Carlin Gold Corp CGDCF
38 GF Score
Price $0.30
! 1 Warning Sign
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What is Carlin Gold ROCE %?

Carlin Gold CGDCF -45.45% 38 ROCE % is -6.15% as of Mar. 2026. GuruFocus rates CGDCF with a GF Score™ of 38/100. 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. Carlin Gold's annualized ROCE % for the quarter that ended in Mar. 2026 was -6.15%.

Carlin Gold  (OTCPK:CGDCF) 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.

Carlin Gold ROCE % Related Terms

Carlin Gold ROCE % Historical Data

* Premium members only.

The historical data trend for Carlin Gold'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.

Carlin Gold ROCE % Chart

Carlin Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.07 -7.31 -7.21 -7.33 -8.36

Carlin Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -5.00 -4.30 -2.57 -19.93 -6.15
CGDCF
38GF Score
Carlin Gold Corp CGDCF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Carlin Gold ROCE % Calculation

Carlin Gold's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-0.278/( ( (2.803 - 0.029) + (3.907 - 0.032) )/ 2 )
=-0.278/( (2.774+3.875)/ 2 )
=-0.278/3.3245
=-8.36 %

Carlin Gold's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-0.24/( ( (3.907 - 0.032) + (3.969 - 0.039) )/ 2 )
=-0.24/( ( 3.875 + 3.93 )/ 2 )
=-0.24/3.9025
=-6.15 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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 -6.15% mean?
Carlin Gold (CGDCF) has a ROCE % of -6.15% as of Mar. 2026.
Is Carlin Gold's ROCE % too high?
Carlin Gold's current ROCE % is -6.15%. Overall, Carlin Gold has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Carlin Gold's ROCE % compare to NEM and AU?
Carlin Gold's ROCE % of -6.15% 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. Carlin Gold's current ROCE % is -6.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlin Gold stock overvalued right now?
Carlin Gold (CGDCF) has a current ROCE % of -6.15%. The current ROCE % is -6.15%. Carlin Gold's overall GF Score™ is 38/100 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 Carlin Gold (CGDCF), the current ROCE % is -6.15% as of Mar. 2026. 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.

Carlin Gold Business Description

Other Exchanges CGD:Canada
Address 405 - 375 Water Street, Vancouver, BC, CAN, V6B 5C6
Carlin Gold Corp is an exploration company. The firm is focused on Carlin-type gold exploration in Nevada. Its projects are the Cortez Summit Property, and Ivy Copper-Gold Property and Willow Property Project. The company operates in Canada and the United States. It has one operating segment mineral exploration and development.
38GF 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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