MTR (Mesa Royalty Trust) ROCE %: -2.16% (As of Mar. 2026)

What is Mesa Royalty Trust ROCE %?

Mesa Royalty Trust MTR -1.57% 69 ROCE % is -2.16% as of Mar. 2026. GuruFocus rates MTR with a GF Score™ of 69/100 and a GF Value™ of $3.67 (Modestly Undervalued). The stock has 3 warning signs 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. Mesa Royalty Trust's annualized ROCE % for the quarter that ended in Mar. 2026 was -2.16%.

Mesa Royalty Trust (NYSE:MTR) 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.

Mesa Royalty Trust ROCE % Related Terms

Mesa Royalty Trust ROCE % Historical Data

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The historical data trend for Mesa Royalty Trust'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.

Mesa Royalty Trust ROCE % Chart

Mesa Royalty Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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29.76

141.20

95.74

12.35

13.67

Mesa Royalty Trust 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															8.17	22.28	8.64	15.97	-2.16

69GF Score

Mesa Royalty Trust MTR

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Mesa Royalty Trust ROCE % Calculation

Mesa Royalty Trust'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 )
	=	0.43	/	( ( (3.188 - 0.058)	+	(3.286 - 0.124) )	/ 2 )
	=	0.43	/	( (3.13	+	3.162)	/ 2 )
	=	0.43	/	3.146
	=	13.67 %

Mesa Royalty Trust'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 )
	=	-0.068	/	( ( (3.286 - 0.124)	+	(3.327 - 0.181) )	/ 2 )
	=	-0.068	/	( ( 3.162	+	3.146 )	/ 2 )
	=	-0.068	/	3.154
	=	-2.16 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -2.16% mean?

Mesa Royalty Trust (MTR) has a ROCE % of -2.16% as of Mar. 2026.

Is Mesa Royalty Trust's ROCE % too high?

Mesa Royalty Trust's current ROCE % is -2.16%. Overall, Mesa Royalty Trust has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Mesa Royalty Trust's ROCE % compare to HGTXU and OKMN?

Mesa Royalty Trust's ROCE % of -2.16% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. 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 Oil & Gas company?

The median ROCE % among Oil & Gas companies is 6.79, based on 977 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 Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesa Royalty Trust's current ROCE % is -2.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mesa Royalty Trust stock overvalued right now?

Based on GuruFocus' analysis, Mesa Royalty Trust (MTR) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.67, compared to a current price of $3.14 — trading 14.4% below its estimated fair value. The current ROCE % is -2.16%. Mesa Royalty Trust's overall GF Score™ is 69/100 with 3 warning signs 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 Mesa Royalty Trust (MTR), the current ROCE % is -2.16% 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 Mesa Royalty Trust (MTR) Overvalued in 2026?

Based on GuruFocus' analysis, Mesa Royalty Trust stock appears to be undervalued. The current stock price of $3.14 is trading 14.4% below its estimated GF Value™ of $3.67. GuruFocus considers Mesa Royalty Trust to be Modestly Undervalued.

Key valuation signals for MTR:

ROCE %: -2.16%
GF Value™: $3.67 vs. price of $3.14 (14.4% below fair value)
GF Score™: 69/100 with 3 warning signs

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

Mesa Royalty Trust Business Description

Industry Energy Oil & Gas

Comparable Companies HGTXU OKMN ROYL GULTU ALTX CRCE TPET FECOF PTCO GRVE HKSE:00883 COP TSX:CNQ EOG OXY FANG DVN ASX:WDS EQT TPL

Address 601 Travis Street, Floor 16, Global Corporate Trust, Houston, TX, USA, 77002

Website https://mtr.q4web.com

Mesa Royalty Trust holds net overriding royalty interests in various oil and gas properties located in the: Hugoton field of Kansas, San Juan Basin field of New Mexico, and San Juan Basin Field of Colorado.

69GF Score

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

$3.14

Price

$3.67

GF Value

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