Stelmine Canada (FRA:SS5) ROCE %: -11.49% (As of Apr. 2024)


What is Stelmine Canada ROCE %?

Stelmine Canada FRA:SS5 ROCE % is -11.49% as of Apr. 2024.

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. Stelmine Canada's annualized ROCE % for the quarter that ended in Apr. 2024 was -11.49%.

Stelmine Canada  (FRA:SS5) 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.

Stelmine Canada ROCE % Related Terms

Stelmine Canada ROCE % Historical Data

* Premium members only.

The historical data trend for Stelmine Canada'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.

Stelmine Canada ROCE % Chart

Stelmine Canada Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.32 -15.64 -21.70 -27.16 -11.91

Stelmine Canada Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -10.03 -19.65 -10.10 -9.47 -11.49

Stelmine Canada ROCE % Calculation

Stelmine Canada's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=-0.768/( ( (7.554 - 0.91) + (6.779 - 0.529) )/ 2 )
=-0.768/( (6.644+6.25)/ 2 )
=-0.768/6.447
=-11.91 %

Stelmine Canada's ROCE % of for the quarter that ended in Apr. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2024 )  (Q: Jan. 2024 )(Q: Apr. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2024 )  (Q: Jan. 2024 )(Q: Apr. 2024 )
=-0.724/( ( (6.813 - 0.422) + (6.589 - 0.373) )/ 2 )
=-0.724/( ( 6.391 + 6.216 )/ 2 )
=-0.724/6.3035
=-11.49 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2024) 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 -11.49% mean?
Stelmine Canada (FRA:SS5) has a ROCE % of -11.49% as of Apr. 2024.
Is Stelmine Canada's ROCE % too high?
Stelmine Canada's current ROCE % is -11.49%.
How does Stelmine Canada's ROCE % compare to NRHI and ENRT?
Stelmine Canada's ROCE % of -11.49% 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. Stelmine Canada's current ROCE % is -11.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stelmine Canada stock overvalued right now?
Stelmine Canada (FRA:SS5) has a current ROCE % of -11.49%. The current ROCE % is -11.49%. 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 Stelmine Canada (FRA:SS5), the current ROCE % is -11.49% as of Apr. 2024. 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.

Stelmine Canada Business Description

Address 8255 Boulevard Henri-Bourassa, Bureau 230, Quebec, QC, CAN, G1G 4C8
Stelmine Canada Ltd is a Canadian mineral exploration company. It is engaged in the acquisition, exploration, production, and development of mining properties in Quebec. Its asset portfolio includes Courcy Property, Mercator Property, Joubert Property, Nouvelles property, Ilnu property, and Trieste Property.