MRRDF (Meridian Mining) ROCE %: -42.03% (As of Mar. 2026)


MRRDF Meridian Mining PLC MRRDF
22 GF Score
Price $1.11
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What is Meridian Mining ROCE %?

Meridian Mining MRRDF -8.26% 22 ROCE % is -42.03% as of Mar. 2026. GuruFocus rates MRRDF with a GF Score™ of 22/100.

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. Meridian Mining's annualized ROCE % for the quarter that ended in Mar. 2026 was -42.03%.

Meridian Mining  (OTCPK:MRRDF) 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.

Meridian Mining ROCE % Related Terms

Meridian Mining ROCE % Historical Data

* Premium members only.

The historical data trend for Meridian Mining'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.

Meridian Mining ROCE % Chart

Meridian Mining 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 -79.91 7.88 -89.04 -150.14 -65.17

Meridian Mining 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 -89.75 -81.99 -65.20 -44.60 -42.03
MRRDF
22GF Score
Meridian Mining PLC MRRDF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Meridian Mining ROCE % Calculation

Meridian Mining'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 )
=-16.981/( ( (11.232 - 2.042) + (46.121 - 3.195) )/ 2 )
=-16.981/( (9.19+42.926)/ 2 )
=-16.981/26.058
=-65.17 %

Meridian Mining'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 )
=-25.24/( ( (46.121 - 3.195) + (79.502 - 2.326) )/ 2 )
=-25.24/( ( 42.926 + 77.176 )/ 2 )
=-25.24/60.051
=-42.03 %

(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 -42.03% mean?
Meridian Mining (MRRDF) has a ROCE % of -42.03% as of Mar. 2026.
Is Meridian Mining's ROCE % too high?
Meridian Mining's current ROCE % is -42.03%. Overall, Meridian Mining has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Meridian Mining's ROCE % compare to competitors?
Meridian Mining's ROCE % of -42.03% 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. Meridian Mining's current ROCE % is -42.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Mining stock overvalued right now?
Meridian Mining (MRRDF) has a current ROCE % of -42.03%. The current ROCE % is -42.03%. Meridian Mining's overall GF Score™ is 22/100. 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 Meridian Mining (MRRDF), the current ROCE % is -42.03% 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.

Meridian Mining Business Description

Address 4 More London Riverside, 8th Floor, London, GBR, SE1 2AU
Meridian Mining PLC is engaged in the exploration and development of mineral deposits in Brazil. The Company is currently focused on resource development of the Cabacal Project, the regional scale exploration of the Cabacal VMS belt and the exploration in the Santa Helena and Espigao.
22GF 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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