GGGOF (Golconda Gold) ROCE %: 45.92% (As of Mar. 2026)


GGGOF Golconda Gold Ltd GGGOF
38 GF Score
Price $1.62
GF Value $0.75
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Golconda Gold ROCE %?

Golconda Gold GGGOF +3.80% 38 ROCE % is 45.92% as of Mar. 2026. GuruFocus rates GGGOF with a GF Score™ of 38/100 and a GF Value™ of $0.75 (Significantly Overvalued). The stock has 1 warning sign 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. Golconda Gold's annualized ROCE % for the quarter that ended in Mar. 2026 was 45.92%.

Golconda Gold  (OTCPK:GGGOF) 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.

Golconda Gold ROCE % Related Terms

Golconda Gold ROCE % Historical Data

* Premium members only.

The historical data trend for Golconda Gold'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.

Golconda Gold ROCE % Chart

Golconda Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -2.45 -3.70 0.17 27.83

Golconda Gold 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 18.29 25.88 28.13 40.22 45.92
GGGOF
38GF Score
Golconda Gold Ltd GGGOF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Golconda Gold ROCE % Calculation

Golconda Gold'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 )
=11.983/( ( (45.7 - 7.324) + (55.871 - 8.122) )/ 2 )
=11.983/( (38.376+47.749)/ 2 )
=11.983/43.0625
=27.83 %

Golconda Gold'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 )
=23.188/( ( (55.871 - 8.122) + (60.642 - 7.404) )/ 2 )
=23.188/( ( 47.749 + 53.238 )/ 2 )
=23.188/50.4935
=45.92 %

(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 45.92% mean?
Golconda Gold (GGGOF) has a ROCE % of 45.92% as of Mar. 2026.
Is Golconda Gold's ROCE % too high?
Golconda Gold's current ROCE % is 45.92%. Overall, Golconda Gold has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golconda Gold's ROCE % compare to NEM and AU?
Golconda Gold's ROCE % of 45.92% 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. Golconda Gold's current ROCE % is 45.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golconda Gold stock overvalued right now?
Based on GuruFocus' analysis, Golconda Gold (GGGOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.75, compared to a current price of $1.62 — trading 115.9% above its estimated fair value. The current ROCE % is 45.92%. Golconda Gold's overall GF Score™ is 38/100 with 1 warning sign 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 Golconda Gold (GGGOF), the current ROCE % is 45.92% 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.

Is Golconda Gold (GGGOF) Overvalued in 2026?

Based on GuruFocus' analysis, Golconda Gold stock appears to be overvalued. The current stock price of $1.62 is trading 115.9% above its estimated GF Value™ of $0.75. GuruFocus considers Golconda Gold to be Significantly Overvalued.

Key valuation signals for GGGOF:

  • ROCE %: 45.92%
  • GF Value™: $0.75 vs. price of $1.62 (115.9% above fair value)
  • GF Score™: 38/100 with 1 warning sign

No single metric tells the full story. See the GGGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Golconda Gold Business Description

Other Exchanges Y87:GermanyGG:Canada
Address 181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Golconda Gold Ltd is an un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana, South Africa and New Mexico. The company's projects include Galaxy in South Africa; and Summit and Banner Mill in the United States of America. It has three geographic segments, being the Republic of South Africa, the U.S.A. and Canada, out of which it derives maximum revenue from South Africa.
38GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.62
Price
$0.75
GF Value