ICLTF (GreenFirst Forest Products) ROCE %: -52.78% (As of Mar. 2026)


ICLTF GreenFirst Forest Products Inc ICLTF
48 GF Score
Price $1.57
GF Value $1.90
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is GreenFirst Forest Products ROCE %?

GreenFirst Forest Products ICLTF +4.67% 48 ROCE % is -52.78% as of Mar. 2026. GuruFocus rates ICLTF with a GF Score™ of 48/100 and a GF Value™ of $1.90 (Modestly Undervalued). The stock has 8 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. GreenFirst Forest Products's annualized ROCE % for the quarter that ended in Mar. 2026 was -52.78%.

GreenFirst Forest Products  (OTCPK:ICLTF) 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.

GreenFirst Forest Products ROCE % Related Terms

GreenFirst Forest Products ROCE % Historical Data

* Premium members only.

The historical data trend for GreenFirst Forest Products'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.

GreenFirst Forest Products ROCE % Chart

GreenFirst Forest Products 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 -3.87 1.72 -15.14 -6.61 -62.89

GreenFirst Forest Products 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 3.39 -21.03 -122.30 -95.73 -52.78
ICLTF
48GF Score
GreenFirst Forest Products Inc ICLTF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GreenFirst Forest Products ROCE % Calculation

GreenFirst Forest Products'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 )
=-67.779/( ( (154.746 - 36.892) + (137.604 - 39.906) )/ 2 )
=-67.779/( (117.854+97.698)/ 2 )
=-67.779/107.776
=-62.89 %

GreenFirst Forest Products'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 )
=-55.756/( ( (137.604 - 39.906) + (160.006 - 46.408) )/ 2 )
=-55.756/( ( 97.698 + 113.598 )/ 2 )
=-55.756/105.648
=-52.78 %

(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 -52.78% mean?
GreenFirst Forest Products (ICLTF) has a ROCE % of -52.78% as of Mar. 2026.
Is GreenFirst Forest Products' ROCE % too high?
GreenFirst Forest Products' current ROCE % is -52.78%. Overall, GreenFirst Forest Products has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GreenFirst Forest Products' ROCE % compare to SSD and UFPI?
GreenFirst Forest Products' ROCE % of -52.78% can be compared against companies in the Forest Products industry. The industry median ROCE % is 3.38. 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 Forest Products company?
The median ROCE % among Forest Products companies is 3.38, based on 280 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. 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. For the Forest Products industry, the median ROCE % is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenFirst Forest Products's current ROCE % is -52.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenFirst Forest Products stock overvalued right now?
Based on GuruFocus' analysis, GreenFirst Forest Products (ICLTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.90, compared to a current price of $1.57 — trading 17.4% below its estimated fair value. The current ROCE % is -52.78%. GreenFirst Forest Products' overall GF Score™ is 48/100 with 8 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 GreenFirst Forest Products (ICLTF), the current ROCE % is -52.78% 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 GreenFirst Forest Products (ICLTF) Overvalued in 2026?

Based on GuruFocus' analysis, GreenFirst Forest Products stock appears to be undervalued. The current stock price of $1.57 is trading 17.4% below its estimated GF Value™ of $1.90. GuruFocus considers GreenFirst Forest Products to be Modestly Undervalued.

Key valuation signals for ICLTF:

  • ROCE %: -52.78%
  • GF Value™: $1.90 vs. price of $1.57 (17.4% below fair value)
  • GF Score™: 48/100 with 8 warning signs

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

GreenFirst Forest Products Business Description

Other Exchanges IMT1:GermanyGFP:Canada
Address 222 McIntyre Street West, Unit 200, North Bay, ON, CAN, P1B 2Y8
GreenFirst Forest Products Inc operates as a forest products business consisting of four operating sawmills located in Ontario. The company manufactures and markets a range of spruce-pine-fir (SPF) lumber products for use in residential and commercial construction, with by-products from production sold to pulp producers. It operates in a single operating segment, being lumber products. The group's geographic markets are Canada and the United States, with the majority of revenue derived from the United States. The company generates almost all of its revenue from the sale of Lumber products and a small portion of its revenue from the sale of Chips, by-products, and other.
48GF Score

Get the complete analysis for ICLTF

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

$1.57
Price
$1.90
GF Value