ELMGF (Element79 Gold) ROCE %: 25.76% (As of Feb. 2026)


What is Element79 Gold ROCE %?

Element79 Gold ELMGF +3.34% ROCE % is 25.76% as of Feb. 2026. The stock has 2 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. Element79 Gold's annualized ROCE % for the quarter that ended in Feb. 2026 was 25.76%.

Element79 Gold  (OTCPK:ELMGF) 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.

Element79 Gold ROCE % Related Terms

Element79 Gold ROCE % Historical Data

* Premium members only.

The historical data trend for Element79 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.

Element79 Gold ROCE % Chart

Element79 Gold Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROCE %
Get a 7-Day Free Trial -179.42 -42.11 -79.26 -27.80 -188.89

Element79 Gold Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -37.50 -819.00 85.57 -13.23 25.76

Element79 Gold ROCE % Calculation

Element79 Gold's annualized ROCE % for the fiscal year that ended in Aug. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=-11.411/( ( (11.224 - 1.97) + (5.105 - 2.277) )/ 2 )
=-11.411/( (9.254+2.828)/ 2 )
=-11.411/6.041
=-188.89 %

Element79 Gold's ROCE % of for the quarter that ended in Feb. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=0.552/( ( (5.038 - 2.302) + (5.27 - 3.721) )/ 2 )
=0.552/( ( 2.736 + 1.549 )/ 2 )
=0.552/2.1425
=25.76 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 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 25.76% mean?
Element79 Gold (ELMGF) has a ROCE % of 25.76% as of Feb. 2026.
Is Element79 Gold's ROCE % too high?
Element79 Gold's current ROCE % is 25.76%.
How does Element79 Gold's ROCE % compare to NEM and AU?
Element79 Gold's ROCE % of 25.76% 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. Element79 Gold's current ROCE % is 25.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Element79 Gold stock overvalued right now?
Element79 Gold (ELMGF) has a current ROCE % of 25.76%. The current ROCE % is 25.76%. 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 Element79 Gold (ELMGF), the current ROCE % is 25.76% as of Feb. 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.

Element79 Gold Business Description

Other Exchanges 7YS0:GermanyELEM:Canada
Address 1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Element79 Gold Corp is an exploration stage company engaged in the acquisition, exploration and development of mineral properties in Peru, the United States of America and Canada. It is focused on mining of gold, silver and associated metals. The company's projects include the Elephant Project, Gold Mountain Project, and Lucero Project.