MLPNF (Millennial Potash) ROCE %: -26.49% (As of Feb. 2026)


MLPNF Millennial Potash Corp MLPNF
35 GF Score
Price $1.23
! 1 Warning Sign
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What is Millennial Potash ROCE %?

Millennial Potash MLPNF -6.39% 35 ROCE % is -26.49% as of Feb. 2026. GuruFocus rates MLPNF with a GF Score™ of 35/100. 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. Millennial Potash's annualized ROCE % for the quarter that ended in Feb. 2026 was -26.49%.

Millennial Potash  (OTCPK:MLPNF) 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.

Millennial Potash ROCE % Related Terms

Millennial Potash ROCE % Historical Data

* Premium members only.

The historical data trend for Millennial Potash'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.

Millennial Potash ROCE % Chart

Millennial Potash Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROCE %
Get a 7-Day Free Trial -87.64 -28.90 -81.96 -35.01 -26.47

Millennial Potash 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 -44.12 -9.91 -43.26 -49.30 -26.49
MLPNF
35GF Score
Millennial Potash Corp MLPNF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Millennial Potash ROCE % Calculation

Millennial Potash'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 )
=-4.286/( ( (8.983 - 0.436) + (24.368 - 0.535) )/ 2 )
=-4.286/( (8.547+23.833)/ 2 )
=-4.286/16.19
=-26.47 %

Millennial Potash'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 )
=-7.992/( ( (24.155 - 0.478) + (37.402 - 0.742) )/ 2 )
=-7.992/( ( 23.677 + 36.66 )/ 2 )
=-7.992/30.1685
=-26.49 %

(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 -26.49% mean?
Millennial Potash (MLPNF) has a ROCE % of -26.49% as of Feb. 2026.
Is Millennial Potash's ROCE % too high?
Millennial Potash's current ROCE % is -26.49%. Overall, Millennial Potash has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Millennial Potash's ROCE % compare to competitors?
Millennial Potash's ROCE % of -26.49% 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. Millennial Potash's current ROCE % is -26.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennial Potash stock overvalued right now?
Millennial Potash (MLPNF) has a current ROCE % of -26.49%. The current ROCE % is -26.49%. Millennial Potash's overall GF Score™ is 35/100 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 Millennial Potash (MLPNF), the current ROCE % is -26.49% 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.

Millennial Potash Business Description

Other Exchanges X0D:GermanyMLP:Canada
Address 300-1455 Bellevue Avenue, West Vancouver, Vancouver, BC, CAN, V7T 1C3
Millennial Potash Corp is a Canadian resource company focused on the exploration and development of potash deposits. The company's flagship asset is the Banio Potash Project located along the coast of Gabon, West Africa, which has the potential to have all the right characteristics to become a producer of potash.
35GF 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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