ERDCF (Erdene Resource Development) ROCE %: 26.83% (As of Mar. 2026)


ERDCF Erdene Resource Development Corp ERDCF
34 GF Score
Price $3.71
! 1 Warning Sign
View Full Analysis

What is Erdene Resource Development ROCE %?

Erdene Resource Development ERDCF +5.49% 34 ROCE % is 26.83% as of Mar. 2026. GuruFocus rates ERDCF with a GF Score™ of 34/100. 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. Erdene Resource Development's annualized ROCE % for the quarter that ended in Mar. 2026 was 26.83%.

Erdene Resource Development  (OTCPK:ERDCF) 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.

Erdene Resource Development ROCE % Related Terms

Erdene Resource Development ROCE % Historical Data

* Premium members only.

The historical data trend for Erdene Resource Development'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.

Erdene Resource Development ROCE % Chart

Erdene Resource Development 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 -12.64 -11.92 0.95 -13.22 -14.24

Erdene Resource Development 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 -28.95 -28.92 -19.91 23.46 26.83
ERDCF
34GF Score
Erdene Resource Development Corp ERDCF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Erdene Resource Development ROCE % Calculation

Erdene Resource Development'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 )
=-5.928/( ( (44.22 - 0.55) + (40.643 - 1.065) )/ 2 )
=-5.928/( (43.67+39.578)/ 2 )
=-5.928/41.624
=-14.24 %

Erdene Resource Development'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 )
=13.896/( ( (40.643 - 1.065) + (64.219 - 0.205) )/ 2 )
=13.896/( ( 39.578 + 64.014 )/ 2 )
=13.896/51.796
=26.83 %

(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 26.83% mean?
Erdene Resource Development (ERDCF) has a ROCE % of 26.83% as of Mar. 2026.
Is Erdene Resource Development's ROCE % too high?
Erdene Resource Development's current ROCE % is 26.83%. Overall, Erdene Resource Development has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Erdene Resource Development's ROCE % compare to competitors?
Erdene Resource Development's ROCE % of 26.83% 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. Erdene Resource Development's current ROCE % is 26.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erdene Resource Development stock overvalued right now?
Erdene Resource Development (ERDCF) has a current ROCE % of 26.83%. The current ROCE % is 26.83%. Erdene Resource Development's overall GF Score™ is 34/100 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 Erdene Resource Development (ERDCF), the current ROCE % is 26.83% 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.

Erdene Resource Development Business Description

Other Exchanges E8K:GermanyERD:Canada
Address 170 Cromarty Drive, Suite 200, Dartmouth, NS, CAN, B3B 0G1
Erdene Resource Development Corp is a Canadian-based company focused on the acquisition, exploration, and development of large, high-grade, near-surface, precious and base metals deposits in underexplored and prospective Mongolia. Currently, the corporation's principal development is the Bayan Khundii Gold Project, located in Bayankhongor province, Mongolia. Its other exploration and evaluation assets consist of interests in the Zuun Mod, Greater Dark Horse, Altan Nar, Dark Horse, Ulaan, Tereg Uul, and other properties located in Mongolia.
34GF Score

Get the complete analysis for ERDCF

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

$3.71
Price