Element 29 Resources (FRA:2IK) ROCE %: -8.43% (As of Mar. 2026)


FRA:2IK Element 29 Resources Inc FRA:2IK
28 GF Score
Price €0.97
! 2 Warning Signs
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What is Element 29 Resources ROCE %?

Element 29 Resources FRA:2IK 28 ROCE % is -8.43% as of Mar. 2026. GuruFocus rates FRA:2IK with a GF Score™ of 28/100. The stock has 2 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. Element 29 Resources's annualized ROCE % for the quarter that ended in Mar. 2026 was -8.43%.

Element 29 Resources  (FRA:2IK) 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.

Element 29 Resources ROCE % Related Terms

Element 29 Resources ROCE % Historical Data

* Premium members only.

The historical data trend for Element 29 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.

Element 29 Resources ROCE % Chart

Element 29 Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial -20.58 -33.76 -12.69 -49.40 -13.87

Element 29 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 -26.70 -20.41 -10.83 -8.10 -8.43
FRA:2IK
28GF Score
Element 29 Resources Inc FRA:2IK
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Element 29 Resources ROCE % Calculation

Element 29 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 )
=-1.581/( ( (8.915 - 0.308) + (15.086 - 0.9) )/ 2 )
=-1.581/( (8.607+14.186)/ 2 )
=-1.581/11.3965
=-13.87 %

Element 29 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 )
=-1.2/( ( (15.086 - 0.9) + (14.452 - 0.153) )/ 2 )
=-1.2/( ( 14.186 + 14.299 )/ 2 )
=-1.2/14.2425
=-8.43 %

(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 -8.43% mean?
Element 29 Resources (FRA:2IK) has a ROCE % of -8.43% as of Mar. 2026.
Is Element 29 Resources' ROCE % too high?
Element 29 Resources' current ROCE % is -8.43%. Overall, Element 29 Resources has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Element 29 Resources' ROCE % compare to SCCO and FCX?
Element 29 Resources' ROCE % of -8.43% 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. Element 29 Resources's current ROCE % is -8.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Element 29 Resources stock overvalued right now?
Element 29 Resources (FRA:2IK) has a current ROCE % of -8.43%. The current ROCE % is -8.43%. Element 29 Resources' overall GF Score™ is 28/100 with 2 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 Element 29 Resources (FRA:2IK), the current ROCE % is -8.43% 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.

Element 29 Resources Business Description

Other Exchanges EMTRF:USAECU:Canada
Address 1650 - 1066 West Hastings Street, Vancouver, BC, CAN, V6C3X1
Element 29 Resources Inc is focused on the exploration of mineral property interests in Peru. The Company has one business segment, the exploration of mineral properties. The Company is focused on growing its porphyry copper-molybdenum-silver resource inventory at Elida while continuing to explore for new porphyry copper deposits on its titled concessions in Peru. Its projects include the Flor de Cobre copper project, Elida copper project, Pahuay copper skarn project, and Paka copper skarn project.
28GF 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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