NMG (Nouveau Monde Graphite) ROCE %: -20.11% (As of Mar. 2026)


NMG Nouveau Monde Graphite Inc NMG
30 GF Score
Price $1.44
! 2 Warning Signs
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What is Nouveau Monde Graphite ROCE %?

Nouveau Monde Graphite NMG -0.69% 30 ROCE % is -20.11% as of Mar. 2026. GuruFocus rates NMG with a GF Score™ of 30/100. The stock has 2 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. Nouveau Monde Graphite's annualized ROCE % for the quarter that ended in Mar. 2026 was -20.11%.

Nouveau Monde Graphite  (NYSE:NMG) 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.

Nouveau Monde Graphite ROCE % Related Terms

Nouveau Monde Graphite ROCE % Historical Data

* Premium members only.

The historical data trend for Nouveau Monde Graphite'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.

Nouveau Monde Graphite ROCE % Chart

Nouveau Monde Graphite 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 -61.35 -36.27 -46.48 -62.76 -87.82

Nouveau Monde Graphite 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 -31.27 -61.19 -335.87 32.46 -20.11
NMG
30GF Score
Nouveau Monde Graphite Inc NMG
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Nouveau Monde Graphite ROCE % Calculation

Nouveau Monde Graphite'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 )
=-74.859/( ( (143.258 - 32.973) + (126.455 - 66.26) )/ 2 )
=-74.859/( (110.285+60.195)/ 2 )
=-74.859/85.24
=-87.82 %

Nouveau Monde Graphite'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 )
=-11.976/( ( (126.455 - 66.26) + (121.407 - 62.504) )/ 2 )
=-11.976/( ( 60.195 + 58.903 )/ 2 )
=-11.976/59.549
=-20.11 %

(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 -20.11% mean?
Nouveau Monde Graphite (NMG) has a ROCE % of -20.11% as of Mar. 2026.
Is Nouveau Monde Graphite's ROCE % too high?
Nouveau Monde Graphite's current ROCE % is -20.11%. Overall, Nouveau Monde Graphite has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Nouveau Monde Graphite's ROCE % compare to competitors?
Nouveau Monde Graphite's ROCE % of -20.11% 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. Nouveau Monde Graphite's current ROCE % is -20.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nouveau Monde Graphite stock overvalued right now?
Nouveau Monde Graphite (NMG) has a current ROCE % of -20.11%. The current ROCE % is -20.11%. Nouveau Monde Graphite's overall GF Score™ is 30/100 with 2 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 Nouveau Monde Graphite (NMG), the current ROCE % is -20.11% 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.

Nouveau Monde Graphite Business Description

Other Exchanges NM9A:GermanyNOU:Canada
Address 481 Brassard Street, Saint-Michel-des-Saints, QC, CAN, J0K 3B0
Nouveau Monde Graphite Inc is a mineral exploration company. The company specializes in the exploration, evaluation, and development of mineral properties located in Quebec and is developing a natural graphite-based anode material that would qualify as battery-grade material to supply the lithium-ion industry. The Company currently operates in two segments: the Mining projects (which includes the Matawinie Mine project and the Uatnan Mining Project) and the Battery Material Plant project.
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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