MGAFF (Mega Uranium) ROCE %: -1.84% (As of Mar. 2026)


MGAFF Mega Uranium Ltd MGAFF
30 GF Score
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What is Mega Uranium ROCE %?

Mega Uranium MGAFF -2.67% 30 ROCE % is -1.84% as of Mar. 2026. GuruFocus rates MGAFF with a GF Score™ of 30/100.

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. Mega Uranium's annualized ROCE % for the quarter that ended in Mar. 2026 was -1.84%.

Mega Uranium  (OTCPK:MGAFF) 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.

Mega Uranium ROCE % Related Terms

Mega Uranium ROCE % Historical Data

* Premium members only.

The historical data trend for Mega Uranium'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.

Mega Uranium ROCE % Chart

Mega Uranium Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.31 -4.51 -2.10 -3.19 -2.00

Mega Uranium 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 -8.33 -3.96 13.93 -3.45 -1.84
MGAFF
30GF Score
Mega Uranium Ltd MGAFF
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Mega Uranium ROCE % Calculation

Mega Uranium's annualized ROCE % for the fiscal year that ended in Sep. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=-3.165/( ( (146.959 - 12.424) + (195.794 - 14.248) )/ 2 )
=-3.165/( (134.535+181.546)/ 2 )
=-3.165/158.0405
=-2.00 %

Mega Uranium'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 )
=-3.824/( ( (198.689 - 15.992) + (250.054 - 16.423) )/ 2 )
=-3.824/( ( 182.697 + 233.631 )/ 2 )
=-3.824/208.164
=-1.84 %

(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 -1.84% mean?
Mega Uranium (MGAFF) has a ROCE % of -1.84% as of Mar. 2026.
Is Mega Uranium's ROCE % too high?
Mega Uranium's current ROCE % is -1.84%. Overall, Mega Uranium has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Mega Uranium's ROCE % compare to UEC and LEU?
Mega Uranium's ROCE % of -1.84% can be compared against companies in the Other Energy Sources industry. The industry median ROCE % is 1.16. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Other Energy Sources company?
The median ROCE % among Other Energy Sources companies is 1.16, based on 177 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 Other Energy Sources industry, the median ROCE % is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Uranium's current ROCE % is -1.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Uranium stock overvalued right now?
Mega Uranium (MGAFF) has a current ROCE % of -1.84%. The current ROCE % is -1.84%. Mega Uranium's overall GF Score™ is 30/100. 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 Mega Uranium (MGAFF), the current ROCE % is -1.84% 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.

Mega Uranium Business Description

Other Exchanges M6J:GermanyMGA:Canada
Address 217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Mega Uranium Ltd is a Canada-based exploration-stage mineral resources company. The company is engaged in the acquisition and exploration of uranium prospective properties. Its properties include the Maureen project. Geographically, it operates in Canada and Australia.
30GF Score

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

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