QQREF (Quebec Rare Earth Elements) ROCE %: -2.83% (As of Jan. 2026)


What is Quebec Rare Earth Elements ROCE %?

Quebec Rare Earth Elements QQREF ROCE % is -2.83% as of Jan. 2026. 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. Quebec Rare Earth Elements's annualized ROCE % for the quarter that ended in Jan. 2026 was -2.83%.


Quebec Rare Earth Elements  (OTCPK:QQREF) 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.


Quebec Rare Earth Elements ROCE % Related Terms


Quebec Rare Earth Elements ROCE % Historical Data

* Premium members only.

The historical data trend for Quebec Rare Earth Elements'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.

Quebec Rare Earth Elements ROCE % Chart

Quebec Rare Earth Elements Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.69 -35.11 -140.45 -5.42 -12.56

Quebec Rare Earth Elements Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 -1.46 -4.33 -1.25 -1.25 -2.83

Quebec Rare Earth Elements ROCE % Calculation

Quebec Rare Earth Elements's annualized ROCE % for the fiscal year that ended in Apr. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2025 )  (A: Apr. 2024 )(A: Apr. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2025 )  (A: Apr. 2024 )(A: Apr. 2025 )
=-0.481/( ( (3.661 - 0.115) + (4.175 - 0.062) )/ 2 )
=-0.481/( (3.546+4.113)/ 2 )
=-0.481/3.8295
=-12.56 %

Quebec Rare Earth Elements's ROCE % of for the quarter that ended in Jan. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=-0.104/( ( (4.164 - 0.059) + (3.295 - 0.038) )/ 2 )
=-0.104/( ( 4.105 + 3.257 )/ 2 )
=-0.104/3.681
=-2.83 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 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 -2.83% mean?
Quebec Rare Earth Elements (QQREF) has a ROCE % of -2.83% as of Jan. 2026.
Is Quebec Rare Earth Elements' ROCE % too high?
Quebec Rare Earth Elements' current ROCE % is -2.83%.
How does Quebec Rare Earth Elements' ROCE % compare to competitors?
Quebec Rare Earth Elements' ROCE % of -2.83% 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. Quebec Rare Earth Elements's current ROCE % is -2.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quebec Rare Earth Elements stock overvalued right now?
Quebec Rare Earth Elements (QQREF) has a current ROCE % of -2.83%. The current ROCE % is -2.83%. 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 Quebec Rare Earth Elements (QQREF), the current ROCE % is -2.83% as of Jan. 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.

Quebec Rare Earth Elements Business Description

Other Exchanges 41K:GermanyQREE:Canada
Address 217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Quebec Rare Earth Elements Corp is a mining exploration and development company focused on rare earth elements (REE) in the favorable mining jurisdiction of Quebec, Canada. The company explores properties including the Carcajou and Lynx projects in the Saguenay region, as well as gold projects areas in northwestern Ontario. The company's geographical presence is at Canada and Chile. Both the areas are engaged in exploration and development of minerals.