FRSPF (First Phosphate) ROCE %: -119.81% (As of Nov. 2025)


FRSPF First Phosphate Corp FRSPF
30 GF Score
Price $1.25
! 2 Warning Signs
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What is First Phosphate ROCE %?

First Phosphate FRSPF -5.30% 30 ROCE % is -119.81% as of Nov. 2025. GuruFocus rates FRSPF with a GF Score™ of 30/100. 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. First Phosphate's annualized ROCE % for the quarter that ended in Nov. 2025 was -119.81%.


First Phosphate  (OTCPK:FRSPF) 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.


First Phosphate ROCE % Related Terms


First Phosphate ROCE % Historical Data

* Premium members only.

The historical data trend for First Phosphate'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.

First Phosphate ROCE % Chart

First Phosphate Annual Data
Trend Feb10 Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -119.31 -111.50 -88.93

First Phosphate Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 -109.15 -108.00 -91.81 -67.61 -119.81
FRSPF
30GF Score
First Phosphate Corp FRSPF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Phosphate ROCE % Calculation

First Phosphate's annualized ROCE % for the fiscal year that ended in Feb. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2025 )  (A: Feb. 2024 )(A: Feb. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2025 )  (A: Feb. 2024 )(A: Feb. 2025 )
=-5.055/( ( (9.627 - 2.728) + (5.212 - 0.742) )/ 2 )
=-5.055/( (6.899+4.47)/ 2 )
=-5.055/5.6845
=-88.93 %

First Phosphate's ROCE % of for the quarter that ended in Nov. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Nov. 2025 )  (Q: Aug. 2025 )(Q: Nov. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Nov. 2025 )  (Q: Aug. 2025 )(Q: Nov. 2025 )
=-16.444/( ( (10.642 - 0.191) + (17.876 - 0.877) )/ 2 )
=-16.444/( ( 10.451 + 16.999 )/ 2 )
=-16.444/13.725
=-119.81 %

(1) Note: The EBIT data used here is four times the quarterly (Nov. 2025) 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 -119.81% mean?
First Phosphate (FRSPF) has a ROCE % of -119.81% as of Nov. 2025.
Is First Phosphate's ROCE % too high?
First Phosphate's current ROCE % is -119.81%. Overall, First Phosphate has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does First Phosphate's ROCE % compare to competitors?
First Phosphate's ROCE % of -119.81% 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. First Phosphate's current ROCE % is -119.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Phosphate stock overvalued right now?
First Phosphate (FRSPF) has a current ROCE % of -119.81%. The current ROCE % is -119.81%. First Phosphate's overall GF Score™ is 30/100 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 First Phosphate (FRSPF), the current ROCE % is -119.81% as of Nov. 2025. 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.

First Phosphate Business Description

Address 1055 West Georgia Street, Suite 1500, Royal Centre, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7
First Phosphate Corp owns and is developing igneous rock phosphate mineral properties in the Saguenay Region of Quebec for the production of phosphoric acid for the production of cathode active material for use in lithium iron phosphate (LPF) batteries for the electric vehicle industry.
30GF 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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