M3 Metals (HAM:X0V) ROCE %: -15.98% (As of Feb. 2026)


HAM:X0V M3 Metals Corp HAM:X0V
33 GF Score
Price €0.18
View Full Analysis

What is M3 Metals ROCE %?

M3 Metals HAM:X0V +13.84% 33 ROCE % is -15.98% as of Feb. 2026. GuruFocus rates HAM:X0V with a GF Score™ of 33/100.

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. M3 Metals's annualized ROCE % for the quarter that ended in Feb. 2026 was -15.98%.

M3 Metals  (HAM:X0V) 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.

M3 Metals ROCE % Related Terms

M3 Metals ROCE % Historical Data

* Premium members only.

The historical data trend for M3 Metals'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.

M3 Metals ROCE % Chart

M3 Metals Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.33 -51.29 -90.86 -40.81 -19.82

M3 Metals Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -16.05 -17.12 -21.51 -14.99 -15.98
HAM:X0V
33GF Score
M3 Metals Corp HAM:X0V
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

M3 Metals ROCE % Calculation

M3 Metals's annualized ROCE % for the fiscal year that ended in Aug. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=-0.301/( ( (1.763 - 0.092) + (1.444 - 0.078) )/ 2 )
=-0.301/( (1.671+1.366)/ 2 )
=-0.301/1.5185
=-19.82 %

M3 Metals's ROCE % of for the quarter that ended in Feb. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=-0.324/( ( (2.033 - 0.09) + (2.161 - 0.05) )/ 2 )
=-0.324/( ( 1.943 + 2.111 )/ 2 )
=-0.324/2.027
=-15.98 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 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 -15.98% mean?
M3 Metals (HAM:X0V) has a ROCE % of -15.98% as of Feb. 2026.
Is M3 Metals' ROCE % too high?
M3 Metals' current ROCE % is -15.98%. Overall, M3 Metals has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does M3 Metals' ROCE % compare to competitors?
M3 Metals' ROCE % of -15.98% 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. M3 Metals's current ROCE % is -15.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M3 Metals stock overvalued right now?
M3 Metals (HAM:X0V) has a current ROCE % of -15.98%. The current ROCE % is -15.98%. M3 Metals' overall GF Score™ is 33/100. 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 M3 Metals (HAM:X0V), the current ROCE % is -15.98% as of Feb. 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.

M3 Metals Business Description

Address 1455 Bellevue Avenue, Suite 300, Vancouver, BC, CAN, V7T 1C3
M3 Metals Corp is a Canadian-listed company. The company's business is to acquire, explore, and develop interests in mineral properties located in North America. It's only operating segment, being the acquisition and exploration of assets. The company's projects include the Great Texas Spring project, the Lakshmi-Daggett Ridge project, the California Project, Lithium project in Elko County, Nevada.
33GF Score

Get the complete analysis for HAM:X0V

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

€0.18
Price