West Red Lake Gold Mines (FRA:UJ0) ROCE %: -1.51% (As of Mar. 2026)


FRA:UJ0 West Red Lake Gold Mines Ltd FRA:UJ0
22 GF Score
Price €0.37
! 3 Warning Signs
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What is West Red Lake Gold Mines ROCE %?

West Red Lake Gold Mines FRA:UJ0 +1.93% 22 ROCE % is -1.51% as of Mar. 2026. GuruFocus rates FRA:UJ0 with a GF Score™ of 22/100. The stock has 3 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. West Red Lake Gold Mines's annualized ROCE % for the quarter that ended in Mar. 2026 was -1.51%.

West Red Lake Gold Mines  (FRA:UJ0) 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.

West Red Lake Gold Mines ROCE % Related Terms

West Red Lake Gold Mines ROCE % Historical Data

* Premium members only.

The historical data trend for West Red Lake Gold Mines'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.

West Red Lake Gold Mines ROCE % Chart

West Red Lake Gold Mines Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.70 -10.23 -10.43 -74.82 2.93

West Red Lake Gold Mines Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 -33.68 13.25 -2.96 21.15 -1.51
FRA:UJ0
22GF Score
West Red Lake Gold Mines Ltd FRA:UJ0
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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West Red Lake Gold Mines ROCE % Calculation

West Red Lake Gold Mines'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: Nov. 2023 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Nov. 2023 )(A: Dec. 2025 )
=2.868/( ( (66.071 - 8.807) + (169.499 - 31.228) )/ 2 )
=2.868/( (57.264+138.271)/ 2 )
=2.868/97.7675
=2.93 %

West Red Lake Gold Mines'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 )
=-2.144/( ( (169.499 - 31.228) + (177.938 - 31.422) )/ 2 )
=-2.144/( ( 138.271 + 146.516 )/ 2 )
=-2.144/142.3935
=-1.51 %

(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 -1.51% mean?
West Red Lake Gold Mines (FRA:UJ0) has a ROCE % of -1.51% as of Mar. 2026.
Is West Red Lake Gold Mines' ROCE % too high?
West Red Lake Gold Mines' current ROCE % is -1.51%. Overall, West Red Lake Gold Mines has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does West Red Lake Gold Mines' ROCE % compare to NEM and AU?
West Red Lake Gold Mines' ROCE % of -1.51% 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. West Red Lake Gold Mines's current ROCE % is -1.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Red Lake Gold Mines stock overvalued right now?
West Red Lake Gold Mines (FRA:UJ0) has a current ROCE % of -1.51%. The current ROCE % is -1.51%. West Red Lake Gold Mines' overall GF Score™ is 22/100 with 3 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 West Red Lake Gold Mines (FRA:UJ0), the current ROCE % is -1.51% 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.

West Red Lake Gold Mines Business Description

Address 595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
West Red Lake Gold Mines Ltd operates in one reportable segment, being the acquisition, exploration, and development of gold properties. All of the Company's assets are located in Canada. Its projects include Madsen Mine and the Rowan Project.
22GF 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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