FANCF (First Atlantic Nickelbalt) ROCE %: -22.47% (As of Jan. 2026)


FANCF First Atlantic Nickel & Cobalt Corp FANCF
34 GF Score
Price $0.65
! 1 Warning Sign
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What is First Atlantic Nickelbalt ROCE %?

First Atlantic Nickelbalt FANCF -4.10% 34 ROCE % is -22.47% as of Jan. 2026. GuruFocus rates FANCF 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. First Atlantic Nickelbalt's annualized ROCE % for the quarter that ended in Jan. 2026 was -22.47%.

First Atlantic Nickelbalt  (OTCPK:FANCF) 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.

First Atlantic Nickelbalt ROCE % Related Terms

First Atlantic Nickelbalt ROCE % Historical Data

* Premium members only.

The historical data trend for First Atlantic Nickelbalt'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.

First Atlantic Nickelbalt ROCE % Chart

First Atlantic Nickelbalt Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.83 -166.73 -56.99 -40.40 -20.34

First Atlantic Nickelbalt Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 -46.62 -50.12 -13.07 -33.67 -22.47
FANCF
34GF Score
First Atlantic Nickel & Cobalt Corp FANCF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Atlantic Nickelbalt ROCE % Calculation

First Atlantic Nickelbalt's annualized ROCE % for the fiscal year that ended in Jan. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=-1.54/( ( (5.177 - 0.603) + (11.169 - 0.601) )/ 2 )
=-1.54/( (4.574+10.568)/ 2 )
=-1.54/7.571
=-20.34 %

First Atlantic Nickelbalt's ROCE % of for the quarter that ended in Jan. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=-2.044/( ( (7.787 - 0.159) + (11.169 - 0.601) )/ 2 )
=-2.044/( ( 7.628 + 10.568 )/ 2 )
=-2.044/9.098
=-22.47 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 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 -22.47% mean?
First Atlantic Nickelbalt (FANCF) has a ROCE % of -22.47% as of Jan. 2026.
Is First Atlantic Nickelbalt's ROCE % too high?
First Atlantic Nickelbalt's current ROCE % is -22.47%. Overall, First Atlantic Nickelbalt has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does First Atlantic Nickelbalt's ROCE % compare to competitors?
First Atlantic Nickelbalt's ROCE % of -22.47% 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. First Atlantic Nickelbalt's current ROCE % is -22.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Atlantic Nickelbalt stock overvalued right now?
First Atlantic Nickelbalt (FANCF) has a current ROCE % of -22.47%. The current ROCE % is -22.47%. First Atlantic Nickelbalt'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 First Atlantic Nickelbalt (FANCF), the current ROCE % is -22.47% as of Jan. 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.

First Atlantic Nickelbalt Business Description

Other Exchanges P210:GermanyFAN:Canada
Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
First Atlantic Nickel & Cobalt Corp is engaged in the identification, evaluation and acquisition of mineral properties in Canada. The Company owned a 100% interest in, or held options to acquire the Voisey's West Property, Rey Lake Property, Lucky Mike Mineral Property, Pipestone XL, Atlantis Project and the Ophiolite X Project.
34GF 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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