Northern Graphite (FRA:0NG) ROCE %: -209.44% (As of Mar. 2026)


FRA:0NG Northern Graphite Corp FRA:0NG
21 GF Score
Price €0.08
GF Value €0.09
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Northern Graphite ROCE %?

Northern Graphite FRA:0NG +0.26% 21 ROCE % is -209.44% as of Mar. 2026. GuruFocus rates FRA:0NG with a GF Score™ of 21/100 and a GF Value™ of €0.09 (Modestly Undervalued). 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. Northern Graphite's annualized ROCE % for the quarter that ended in Mar. 2026 was -209.44%.

Northern Graphite  (FRA:0NG) 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.

Northern Graphite ROCE % Related Terms

Northern Graphite ROCE % Historical Data

* Premium members only.

The historical data trend for Northern Graphite'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.

Northern Graphite ROCE % Chart

Northern Graphite 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 -20.04 -19.29 -21.01 -49.69 -30.52

Northern Graphite 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 -31.02 39.61 -130.22 -33.31 -209.44
FRA:0NG
21GF Score
Northern Graphite Corp FRA:0NG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Graphite ROCE % Calculation

Northern Graphite'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 )
=-4.216/( ( (51.776 - 33.04) + (44.708 - 35.816) )/ 2 )
=-4.216/( (18.736+8.892)/ 2 )
=-4.216/13.814
=-30.52 %

Northern Graphite'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 )
=-15.768/( ( (44.708 - 35.816) + (43.712 - 37.547) )/ 2 )
=-15.768/( ( 8.892 + 6.165 )/ 2 )
=-15.768/7.5285
=-209.44 %

(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 -209.44% mean?
Northern Graphite (FRA:0NG) has a ROCE % of -209.44% as of Mar. 2026.
Is Northern Graphite's ROCE % too high?
Northern Graphite's current ROCE % is -209.44%. Overall, Northern Graphite has a GF Score™ of 21/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northern Graphite's ROCE % compare to competitors?
Northern Graphite's ROCE % of -209.44% 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. Northern Graphite's current ROCE % is -209.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Graphite stock overvalued right now?
Based on GuruFocus' analysis, Northern Graphite (FRA:0NG) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.09, compared to a current price of €0.08 — trading 14.9% below its estimated fair value. The current ROCE % is -209.44%. Northern Graphite's overall GF Score™ is 21/100 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 Northern Graphite (FRA:0NG), the current ROCE % is -209.44% 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.

Is Northern Graphite (FRA:0NG) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Graphite stock appears to be undervalued. The current stock price of €0.08 is trading 14.9% below its estimated GF Value™ of €0.09. GuruFocus considers Northern Graphite to be Modestly Undervalued.

Key valuation signals for FRA:0NG:

  • ROCE %: -209.44%
  • GF Value™: €0.09 vs. price of €0.08 (14.9% below fair value)
  • GF Score™: 21/100 with 4 warning signs

No single metric tells the full story. See the FRA:0NG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Northern Graphite Business Description

Other Exchanges NGPHF:USANGC:Canada
Address 1000 Innovation Drive, Suite 500, Ottawa, ON, CAN, K2K 3E7
Northern Graphite Corp is the flake graphite-producing company in North America. It is focused on producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/EVs, fuel cells, and graphene, as well as industrial technologies. Its graphite assets include the producing Lac des Iles mine in Quebec, where the company is boosting output to meet growing demand from industrial customers and future demand from North American battery makers. It also owns the Bissett Creek graphite project in Ontario and the fully permitted Okanjande graphite mine in Namibia. It has three operating segments: Mining-LDI, Mining-Okanjande, Battery Materials, and corporate.
21GF Score

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

€0.08
Price
€0.09
GF Value