Peak Rare Earths (FRA:M3U) ROCE % : -27.83% (As of Dec. 2023)

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What is Peak Rare Earths ROCE %?

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. Peak Rare Earths's annualized ROCE % for the quarter that ended in Dec. 2023 was -27.83%.

Peak Rare Earths ROCE % Historical Data

The historical data trend for Peak Rare Earths'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.

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Peak Rare Earths ROCE % Chart

Peak Rare Earths Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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16.52

-7.56

-23.00

-40.52

-23.90

Peak Rare Earths Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-26.37	-16.30	-70.42	-27.83	-20.22

Peak Rare Earths ROCE % Calculation

Peak Rare Earths's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-11.781	/	( ( (56.67 - 1.528)	+	(44.776 - 1.328) )	/ 2 )
	=	-11.781	/	( (55.142	+	43.448)	/ 2 )
	=	-11.781	/	49.295
	=	-23.90 %

Peak Rare Earths's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-14.288	/	( ( (56.67 - 1.528)	+	(49.654 - 2.098) )	/ 2 )
	=	-14.288	/	( ( 55.142	+	47.556 )	/ 2 )
	=	-14.288	/	51.349
	=	-27.83 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Peak Rare Earths (FRA:M3U) 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.

Peak Rare Earths ROCE % Related Terms

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Peak Rare Earths Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Peak Rare Earths Ltd (FRA:M3U) » Definitions » ROCE %

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PEK:Australia

Address

190 St Georges Terrace, Level 9, Perth, WA, AUS, 6000

Website

https://www.peakresources.com.au

Peak Rare Earths Ltd engages in the exploration and evaluation of mineral licenses. Mineral processing technological evaluations, Mining and associated infrastructure feasibility evaluations and Progressing approvals for the Ngualla Project. The company focuses on the production of neodymium and praseodymium, which are the raw materials, that power low carbon technologies such as electric (e) mobility, clean energy, and automatization/robotic technology.

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