RAFX (Rafex Gold) ROCE %: -9.70% (As of Sep. 2023)


RAFX Rafex Gold Corp RAFX
39 GF Score
Price $1.00
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What is Rafex Gold ROCE %?

Rafex Gold RAFX 39 ROCE % is -9.70% as of Sep. 2023. GuruFocus rates RAFX with a GF Score™ of 39/100.

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. Rafex Gold's annualized ROCE % for the quarter that ended in Sep. 2023 was -9.70%.

Rafex Gold  (OTCPK:RAFX) 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.

Rafex Gold ROCE % Related Terms

Rafex Gold ROCE % Historical Data

* Premium members only.

The historical data trend for Rafex Gold'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.

Rafex Gold ROCE % Chart

Rafex Gold Annual Data
Trend
ROCE %

Rafex Gold Quarterly Data
Sep22 Sep23
ROCE % 0.00 -9.70
RAFX
39GF Score
Rafex Gold Corp RAFX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Rafex Gold ROCE % Calculation

Rafex Gold's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Rafex Gold's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Sep. 2022 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Sep. 2022 )(Q: Sep. 2023 )
=-0.084/( ( (0 - 0) + (0.896 - 0.03) )/ 1 )
=-0.084/( ( 0 + 0.866 )/ 1 )
=-0.084/0.866
=-9.70 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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 -9.70% mean?
Rafex Gold (RAFX) has a ROCE % of -9.70% as of Sep. 2023.
Is Rafex Gold's ROCE % too high?
Rafex Gold's current ROCE % is -9.70%. Overall, Rafex Gold has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Rafex Gold's ROCE % compare to AHAD and BLAIF?
Rafex Gold's ROCE % of -9.70% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services 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. Rafex Gold's current ROCE % is -9.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafex Gold stock overvalued right now?
Rafex Gold (RAFX) has a current ROCE % of -9.70%. The current ROCE % is -9.70%. Rafex Gold's overall GF Score™ is 39/100. 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 Rafex Gold (RAFX), the current ROCE % is -9.70% as of Sep. 2023. 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.

Rafex Gold Business Description

Address 1912 Capitol Avenue, Suite 500, Cheyenne, WY, USA, 82001
Rafex Gold Corp engages in mineral exploration activities, focusing on the exploration and development of various mineral resources. The company's key assets include the Bendoc, Mt Bute, and Rutherglen projects, along with the Aur Gading iron ore mine. The Mt Bute Project is located in the Lachlan Orogen, a region known for hosting gold deposits, and is currently undergoing exploration and development activities.
39GF 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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