MRIRF (Route 109 Resources) ROCE %: -1.80% (As of Feb. 2026)


MRIRF Route 109 Resources Inc MRIRF
39 GF Score
Price $0.08
! 1 Warning Sign
View Full Analysis

What is Route 109 Resources ROCE %?

Route 109 Resources MRIRF 39 ROCE % is -1.80% as of Feb. 2026. GuruFocus rates MRIRF with a GF Score™ of 39/100. 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. Route 109 Resources's annualized ROCE % for the quarter that ended in Feb. 2026 was -1.80%.

Route 109 Resources  (OTCPK:MRIRF) 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.

Route 109 Resources ROCE % Related Terms

Route 109 Resources ROCE % Historical Data

* Premium members only.

The historical data trend for Route 109 Resources'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.

Route 109 Resources ROCE % Chart

Route 109 Resources Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROCE %
Get a 7-Day Free Trial Premium Member Only -43.30 -6.50 -0.80 -1.85 -1.37

Route 109 Resources 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 -1.72 -0.88 -1.01 -0.85 -1.80
MRIRF
39GF Score
Route 109 Resources Inc MRIRF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Route 109 Resources ROCE % Calculation

Route 109 Resources'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 )
=-0.153/( ( (11.54 - 0.146) + (11.337 - 0.357) )/ 2 )
=-0.153/( (11.394+10.98)/ 2 )
=-0.153/11.187
=-1.37 %

Route 109 Resources'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 )
=-0.196/( ( (11.091 - 0.341) + (11.42 - 0.404) )/ 2 )
=-0.196/( ( 10.75 + 11.016 )/ 2 )
=-0.196/10.883
=-1.80 %

(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 -1.80% mean?
Route 109 Resources (MRIRF) has a ROCE % of -1.80% as of Feb. 2026.
Is Route 109 Resources' ROCE % too high?
Route 109 Resources' current ROCE % is -1.80%. Overall, Route 109 Resources has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Route 109 Resources' ROCE % compare to NEM and AU?
Route 109 Resources' ROCE % of -1.80% 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. Route 109 Resources's current ROCE % is -1.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Route 109 Resources stock overvalued right now?
Route 109 Resources (MRIRF) has a current ROCE % of -1.80%. The current ROCE % is -1.80%. Route 109 Resources' overall GF Score™ is 39/100 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 Route 109 Resources (MRIRF), the current ROCE % is -1.80% 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.

Route 109 Resources Business Description

Other Exchanges 8M0:GermanyRTE:Canada
Address 1185 W. Georgia Street, Suite 1400, Vancouver, BC, CAN, V6E 4E6
Route 109 Resources Inc is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions of Quebec, Canada. The company operates in one reportable operating segment, being exploration and evaluation of mineral properties in Canada.
39GF Score

Get the complete analysis for MRIRF

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

$0.08
Price