FNINF (49 North Resources) ROCE %: 11.20% (As of Mar. 2026)


What is 49 North Resources ROCE %?

49 North Resources FNINF +1,150.00% ROCE % is 11.20% as of Mar. 2026. The stock has 3 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. 49 North Resources's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.20%.

49 North Resources  (OTCPK:FNINF) 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.

49 North Resources ROCE % Related Terms

49 North Resources ROCE % Historical Data

* Premium members only.

The historical data trend for 49 North Resources'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.

49 North Resources ROCE % Chart

49 North Resources 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 -29.06 -49.98 -26.89 6.19 11.79

49 North Resources 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 -76.85 22.64 28.34 73.71 11.20

49 North Resources ROCE % Calculation

49 North Resources'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 )
=0.818/( ( (12.569 - 6.114) + (13.947 - 6.526) )/ 2 )
=0.818/( (6.455+7.421)/ 2 )
=0.818/6.938
=11.79 %

49 North Resources'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 )
=0.848/( ( (13.947 - 6.526) + (14.384 - 6.66) )/ 2 )
=0.848/( ( 7.421 + 7.724 )/ 2 )
=0.848/7.5725
=11.20 %

(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 11.20% mean?
49 North Resources (FNINF) has a ROCE % of 11.20% as of Mar. 2026.
Is 49 North Resources' ROCE % too high?
49 North Resources' current ROCE % is 11.20%. The Asset Management industry median ROCE % is 4.39. 49 North Resources' value of 11.20% is 155.1% above this industry median.
How does 49 North Resources' ROCE % compare to BLK and BX?
49 North Resources' ROCE % of 11.20% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.39. 49 North Resources' value of 11.20% is 155.1% above this benchmark. 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 Asset Management company?
The median ROCE % among Asset Management companies is 4.39, based on 707 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. 49 North Resources's current ROCE % of 11.20% is 155.1% above the industry median. 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 Asset Management industry, the median ROCE % is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 49 North Resources's current ROCE % is 11.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 49 North Resources stock overvalued right now?
49 North Resources (FNINF) has a current ROCE % of 11.20%. The current ROCE % is 11.20% and 155.1% above the Asset Management industry median of 4.39. 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 49 North Resources (FNINF), the current ROCE % is 11.20% 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.

49 North Resources Business Description

Other Exchanges O49:GermanyFNR:Canada
Address 224 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
49 North Resources Inc is a Saskatchewan-focused resource investment company. The company provides diversified exposure to oil & gas, potash, uranium, diamonds, coal, base & precious metals, and rare earth elements.