KGHPF (KGHM Polska Miedz) ROCE %: 39.82% (As of Mar. 2026)


KGHPF KGHM Polska Miedz SA KGHPF
64 GF Score
Price $88.50
GF Value $41.29
Valuation Significantly Overvalued
! 8 Warning Signs
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What is KGHM Polska Miedz ROCE %?

KGHM Polska Miedz KGHPF 64 ROCE % is 39.82% as of Mar. 2026. GuruFocus rates KGHPF with a GF Score™ of 64/100 and a GF Value™ of $41.29 (Significantly Overvalued). 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. KGHM Polska Miedz's annualized ROCE % for the quarter that ended in Mar. 2026 was 39.82%.

KGHM Polska Miedz  (OTCPK:KGHPF) 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.

KGHM Polska Miedz ROCE % Related Terms

KGHM Polska Miedz ROCE % Historical Data

* Premium members only.

The historical data trend for KGHM Polska Miedz'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.

KGHM Polska Miedz ROCE % Chart

KGHM Polska Miedz 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 21.63 15.78 -8.22 11.76 12.59

KGHM Polska Miedz 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 7.28 5.82 8.66 28.13 39.82
KGHPF
64GF Score
KGHM Polska Miedz SA KGHPF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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KGHM Polska Miedz ROCE % Calculation

KGHM Polska Miedz'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 )
=1525.872/( ( (14666.006 - 2995.14) + (15849.258 - 3284.421) )/ 2 )
=1525.872/( (11670.866+12564.837)/ 2 )
=1525.872/12117.8515
=12.59 %

KGHM Polska Miedz'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 )
=5225.032/( ( (15849.258 - 3284.421) + (17268.452 - 3591.12) )/ 2 )
=5225.032/( ( 12564.837 + 13677.332 )/ 2 )
=5225.032/13121.0845
=39.82 %

(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 39.82% mean?
KGHM Polska Miedz (KGHPF) has a ROCE % of 39.82% as of Mar. 2026.
Is KGHM Polska Miedz's ROCE % too high?
KGHM Polska Miedz's current ROCE % is 39.82%. Overall, KGHM Polska Miedz has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KGHM Polska Miedz's ROCE % compare to SCCO and FCX?
KGHM Polska Miedz's ROCE % of 39.82% 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. KGHM Polska Miedz's current ROCE % is 39.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KGHM Polska Miedz stock overvalued right now?
Based on GuruFocus' analysis, KGHM Polska Miedz (KGHPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $41.29, compared to a current price of $88.50 — trading 114.3% above its estimated fair value. The current ROCE % is 39.82%. KGHM Polska Miedz's overall GF Score™ is 64/100 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 KGHM Polska Miedz (KGHPF), the current ROCE % is 39.82% 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 KGHM Polska Miedz (KGHPF) Overvalued in 2026?

Based on GuruFocus' analysis, KGHM Polska Miedz stock appears to be overvalued. The current stock price of $88.50 is trading 114.3% above its estimated GF Value™ of $41.29. GuruFocus considers KGHM Polska Miedz to be Significantly Overvalued.

Key valuation signals for KGHPF:

  • ROCE %: 39.82%
  • GF Value™: $41.29 vs. price of $88.50 (114.3% above fair value)
  • GF Score™: 64/100 with 8 warning signs

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

KGHM Polska Miedz Business Description

Address 48 M.Sklodowskiej-Curie Street, Lubin, POL, 59-301
KGHM Polska Miedz SA engages in copper ore mining and copper production predominantly in South-Western Poland. The company also produces precious metals such as silver, which is typically used for coins, jewelry, photography products, and industrial purposes. The bulk of group revenue is generated through copper sales, and the remainder is through sales of silver, while a minor portion is generated through the production of gold, salt, and casting of light metals. The materials are sold domestically, and exported to Germany, China, the U.S., the United Kingdom, and the Czech Republic, among many other European nations.
64GF Score

Get the complete analysis for KGHPF

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

$88.50
Price
$41.29
GF Value