Sixty North Gold Mining (FRA:2F40) ROCE %: -5.47% (As of Apr. 2026)

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FRA:2F40 Sixty North Gold Mining Ltd FRA:2F40
35 GF Score
Price €0.08
! 1 Warning Sign
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What is Sixty North Gold Mining ROCE %?

Sixty North Gold Mining FRA:2F40 +8.16% 35 ROCE % is -5.47% as of Apr. 2026. GuruFocus rates FRA:2F40 with a GF Score™ of 35/100. 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. Sixty North Gold Mining's annualized ROCE % for the quarter that ended in Apr. 2026 was -5.47%.

Sixty North Gold Mining  (FRA:2F40) 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.

Sixty North Gold Mining ROCE % Related Terms

Sixty North Gold Mining ROCE % Historical Data

* Premium members only.

The historical data trend for Sixty North Gold Mining'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.

Sixty North Gold Mining ROCE % Chart

Sixty North Gold Mining Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROCE %
Get a 7-Day Free Trial Premium Member Only -14.63 -9.45 -14.13 -3.75 -6.26

Sixty North Gold Mining Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -9.87 -3.96 -9.14 -18.78 -5.47
FRA:2F40
35GF Score
Sixty North Gold Mining Ltd FRA:2F40
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sixty North Gold Mining ROCE % Calculation

Sixty North Gold Mining's annualized ROCE % for the fiscal year that ended in Oct. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=-0.356/( ( (6.008 - 0.278) + (6.099 - 0.463) )/ 2 )
=-0.356/( (5.73+5.636)/ 2 )
=-0.356/5.683
=-6.26 %

Sixty North Gold Mining's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=-0.496/( ( (9.225 - 0.161) + (9.49 - 0.41) )/ 2 )
=-0.496/( ( 9.064 + 9.08 )/ 2 )
=-0.496/9.072
=-5.47 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 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 -5.47% mean?
Sixty North Gold Mining (FRA:2F40) has a ROCE % of -5.47% as of Apr. 2026.
Is Sixty North Gold Mining's ROCE % too high?
Sixty North Gold Mining's current ROCE % is -5.47%. Overall, Sixty North Gold Mining has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Sixty North Gold Mining's ROCE % compare to NEM and AU?
Sixty North Gold Mining's ROCE % of -5.47% 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. Sixty North Gold Mining's current ROCE % is -5.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sixty North Gold Mining stock overvalued right now?
Sixty North Gold Mining (FRA:2F40) has a current ROCE % of -5.47%. The current ROCE % is -5.47%. Sixty North Gold Mining's overall GF Score™ is 35/100 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 Sixty North Gold Mining (FRA:2F40), the current ROCE % is -5.47% as of Apr. 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.

Sixty North Gold Mining Business Description

Other Exchanges SXNTF:USASXTY:Canada
Address 6120 - 185A Street, Surrey, BC, CAN, V3S 7P9
Sixty North Gold Mining Ltd is engaged in the acquisition and exploration of mineral property assets. The company entered into a mineral property earn-in agreement with New Discovery Mines. The projects of the company include the development and exploration of the Mon Gold Property.
35GF Score

Get the complete analysis for FRA:2F40

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

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