DNN (Denison Mines) ROCE %: -41.18% (As of Mar. 2026)

What is Denison Mines ROCE %?

Denison Mines DNN -3.06% 58 ROCE % is -41.18% as of Mar. 2026. GuruFocus rates DNN with a GF Score™ of 58/100 and a GF Value™ of $1.87 (Significantly Overvalued). The stock has 7 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. Denison Mines's annualized ROCE % for the quarter that ended in Mar. 2026 was -41.18%.

Denison Mines (AMEX:DNN) 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.

Denison Mines ROCE % Related Terms

Denison Mines ROCE % Historical Data

* Premium members only.

The historical data trend for Denison Mines'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.

Denison Mines ROCE % Chart

Denison Mines Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

5.02

2.03

14.51

-13.27

-25.09

Denison Mines 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															-32.01	8.61	-62.35	-15.56	-41.18

58GF Score

Denison Mines Corp DNN

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Denison Mines ROCE % Calculation

Denison Mines'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 )
	=	-151.27	/	( ( (465.791 - 23.788)	+	(801.793 - 37.783) )	/ 2 )
	=	-151.27	/	( (442.003	+	764.01)	/ 2 )
	=	-151.27	/	603.0065
	=	-25.09 %

Denison Mines'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 )
	=	-316.964	/	( ( (801.793 - 37.783)	+	(806.348 - 30.964) )	/ 2 )
	=	-316.964	/	( ( 764.01	+	775.384 )	/ 2 )
	=	-316.964	/	769.697
	=	-41.18 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -41.18% mean?

Denison Mines (DNN) has a ROCE % of -41.18% as of Mar. 2026.

Is Denison Mines' ROCE % too high?

Denison Mines' current ROCE % is -41.18%. Overall, Denison Mines has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Denison Mines' ROCE % compare to UEC and LEU?

Denison Mines' ROCE % of -41.18% can be compared against companies in the Other Energy Sources industry. The industry median ROCE % is 1.16. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for an Other Energy Sources company?

The median ROCE % among Other Energy Sources companies is 1.16, based on 177 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 Other Energy Sources industry, the median ROCE % is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Denison Mines's current ROCE % is -41.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Denison Mines stock overvalued right now?

Based on GuruFocus' analysis, Denison Mines (DNN) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.87, compared to a current price of $3.17 — trading 69.5% above its estimated fair value. The current ROCE % is -41.18%. Denison Mines' overall GF Score™ is 58/100 with 7 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 Denison Mines (DNN), the current ROCE % is -41.18% 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.

Is Denison Mines (DNN) Overvalued in 2026?

Based on GuruFocus' analysis, Denison Mines stock appears to be overvalued. The current stock price of $3.17 is trading 69.5% above its estimated GF Value™ of $1.87. GuruFocus considers Denison Mines to be Significantly Overvalued.

Key valuation signals for DNN:

ROCE %: -41.18%
GF Value™: $1.87 vs. price of $3.17 (69.5% above fair value)
GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the DNN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Denison Mines Business Description

Industry Energy Other Energy Sources

Comparable Companies TSX:EFR TSX:ISO TSX:URE TSX:URC TSXV:EU TSXV:SASK TSX:MGA TSX:U.U TSX:LAM TSXV:AEC TSX:CCO SZSE:001280 XKAZ:KZAP TSX:NXE UEC ASX:PDN LEU HKSE:01164 LSE:YCA ASX:DYL

Other Exchanges 0URY:UK IUQ:Germany DML:Canada

Address 40 University Avenue, Suite 1100, Toronto, ON, CAN, M5J 1T1

Website https://www.denisonmines.com

Denison Mines Corp is engaged in uranium mining-related activities, including the acquisition, exploration, development, and mining of uranium-bearing properties, as well as the processing, sale, and investment in uranium. The company's key properties include Wheeler River, Waterbury Lake, McClean Lake, Midwest, and others. It operates through two segments: the Mining segment and the Corporate and Other segment. The majority of the company's revenue is generated from the Mining segment, which includes activities related to exploration, evaluation, and development, mining, milling (including toll milling), and the sale of mineral concentrates.

58GF Score

Get the complete analysis for DNN

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.17

Price

$1.87

GF Value

View DNN Analysis

See ROCE % data for all stocks →