ELBM (Electra Battery Materials) ROCE %: 101.57% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ELBM Electra Battery Materials Corp ELBM
32 GF Score
Price $0.58
! 4 Warning Signs
View Full Analysis

What is Electra Battery Materials ROCE %?

Electra Battery Materials ELBM +4.06% 32 ROCE % is 101.57% as of Mar. 2026. GuruFocus rates ELBM with a GF Score™ of 32/100. The stock has 4 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. Electra Battery Materials's annualized ROCE % for the quarter that ended in Mar. 2026 was 101.57%.

Electra Battery Materials  (NAS:ELBM) 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.

Electra Battery Materials ROCE % Related Terms

Electra Battery Materials ROCE % Historical Data

* Premium members only.

The historical data trend for Electra Battery Materials'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.

Electra Battery Materials ROCE % Chart

Electra Battery Materials Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.34 -10.94 -50.39 -24.95 -140.80

Electra Battery Materials 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 -47.19 -21.09 -14.60 -570.88 101.57
ELBM
32GF Score
Electra Battery Materials Corp ELBM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electra Battery Materials ROCE % Calculation

Electra Battery Materials'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 )
=-88.97/( ( (106.301 - 50.518) + (134.515 - 63.916) )/ 2 )
=-88.97/( (55.783+70.599)/ 2 )
=-88.97/63.191
=-140.80 %

Electra Battery Materials'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 )
=86.068/( ( (134.515 - 63.916) + (140.538 - 41.655) )/ 2 )
=86.068/( ( 70.599 + 98.883 )/ 2 )
=86.068/84.741
=101.57 %

(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 101.57% mean?
Electra Battery Materials (ELBM) has a ROCE % of 101.57% as of Mar. 2026.
Is Electra Battery Materials' ROCE % too high?
Electra Battery Materials' current ROCE % is 101.57%. Overall, Electra Battery Materials has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Electra Battery Materials' ROCE % compare to competitors?
Electra Battery Materials' ROCE % of 101.57% 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. Electra Battery Materials's current ROCE % is 101.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electra Battery Materials stock overvalued right now?
Electra Battery Materials (ELBM) has a current ROCE % of 101.57%. The current ROCE % is 101.57%. Electra Battery Materials' overall GF Score™ is 32/100 with 4 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 Electra Battery Materials (ELBM), the current ROCE % is 101.57% 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.

Electra Battery Materials Business Description

Address 133 Richmond Street West, Suite 602, Toronto, ON, CAN, M5H 2L3
Electra Battery Materials Corp is building North America's fully integrated, localized, and environmentally sustainable battery materials park. Electra Battery Materials is an integral part of the North American battery supply chain, providing low-carbon, sustainable, and traceable raw materials for the region's fast growing electric vehicle industry. The Company's operating segments are Refinery, Exploration and Evaluation, Corporate and Other.
32GF Score

Get the complete analysis for ELBM

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

$0.58
Price