LUGDF (Lundin Gold) ROCE %: 112.78% (As of Mar. 2026)


LUGDF Lundin Gold Inc LUGDF
92 GF Score
Price $53.82
GF Value $46.44
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Lundin Gold ROCE %?

Lundin Gold LUGDF +3.98% 92 ROCE % is 112.78% as of Mar. 2026. GuruFocus rates LUGDF with a GF Score™ of 92/100 and a GF Value™ of $46.44 (Modestly 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. Lundin Gold's annualized ROCE % for the quarter that ended in Mar. 2026 was 112.78%.

Lundin Gold  (OTCPK:LUGDF) 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.

Lundin Gold ROCE % Related Terms

Lundin Gold ROCE % Historical Data

* Premium members only.

The historical data trend for Lundin 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.

Lundin Gold ROCE % Chart

Lundin 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 22.01 15.93 24.13 69.46 82.90

Lundin 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 62.63 83.67 82.48 96.20 112.78
LUGDF
92GF Score
Lundin Gold Inc LUGDF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lundin Gold ROCE % Calculation

Lundin 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 )
=1123.542/( ( (1527.481 - 215.515) + (1787.158 - 388.51) )/ 2 )
=1123.542/( (1311.966+1398.648)/ 2 )
=1123.542/1355.307
=82.90 %

Lundin 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 )
=1564.112/( ( (1787.158 - 388.51) + (1830.438 - 455.259) )/ 2 )
=1564.112/( ( 1398.648 + 1375.179 )/ 2 )
=1564.112/1386.9135
=112.78 %

(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 112.78% mean?
Lundin Gold (LUGDF) has a ROCE % of 112.78% as of Mar. 2026.
Is Lundin Gold's ROCE % too high?
Lundin Gold's current ROCE % is 112.78%. Overall, Lundin Gold has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lundin Gold's ROCE % compare to NEM and AU?
Lundin Gold's ROCE % of 112.78% 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. Lundin Gold's current ROCE % is 112.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lundin Gold stock overvalued right now?
Based on GuruFocus' analysis, Lundin Gold (LUGDF) is currently considered Modestly Overvalued. The stock's GF Value™ is $46.44, compared to a current price of $53.82 — trading 15.9% above its estimated fair value. The current ROCE % is 112.78%. Lundin Gold's overall GF Score™ is 92/100 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 Lundin Gold (LUGDF), the current ROCE % is 112.78% 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 Lundin Gold (LUGDF) Overvalued in 2026?

Based on GuruFocus' analysis, Lundin Gold stock appears to be overvalued. The current stock price of $53.82 is trading 15.9% above its estimated GF Value™ of $46.44. GuruFocus considers Lundin Gold to be Modestly Overvalued.

Key valuation signals for LUGDF:

  • ROCE %: 112.78%
  • GF Value™: $46.44 vs. price of $53.82 (15.9% above fair value)
  • GF Score™: 92/100 with 1 warning sign

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

Lundin Gold Business Description

Address 1055 Dunsmuir Street, Suite 2800, Four Bentall Centre, Po Box 49225, Vancouver, BC, CAN, V7X 1L2
Lundin Gold Inc is a Canada based company focused on its Fruta del Norte gold operation and developing its portfolio of mineral concessions in Ecuador. The Fruta del Norte deposit is located within long copper-gold metallogenic sub-province located in the Cordillera del Condor region in southeastern Ecuador. The company[s primary business activity is the Fruta del Norte operating mine in Ecuador which derives majority of its revenues.
92GF Score

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

$53.82
Price
$46.44
GF Value