RECAF (Reconnaissance Energy Africa) ROCE %: -6.40% (As of Mar. 2026)


RECAF Reconnaissance Energy Africa Ltd RECAF
28 GF Score
Price $0.75
GF Value $0.17
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Reconnaissance Energy Africa ROCE %?

Reconnaissance Energy Africa RECAF 28 ROCE % is -6.40% as of Mar. 2026. GuruFocus rates RECAF with a GF Score™ of 28/100 and a GF Value™ of $0.17 (Significantly Overvalued). 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. Reconnaissance Energy Africa's annualized ROCE % for the quarter that ended in Mar. 2026 was -6.40%.

Reconnaissance Energy Africa  (OTCPK:RECAF) 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.

Reconnaissance Energy Africa ROCE % Related Terms

Reconnaissance Energy Africa ROCE % Historical Data

* Premium members only.

The historical data trend for Reconnaissance Energy Africa'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.

Reconnaissance Energy Africa ROCE % Chart

Reconnaissance Energy Africa Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Mar24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -51.93 -452.03 -37.53 -18.02 -9.31

Reconnaissance Energy Africa Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 -9.40 -8.12 -8.74 -6.54 -6.40
RECAF
28GF Score
Reconnaissance Energy Africa Ltd RECAF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reconnaissance Energy Africa ROCE % Calculation

Reconnaissance Energy Africa'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: Mar. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Mar. 2024 )(A: Dec. 2025 )
=-11.816/( ( (105.128 - 3.257) + (154.121 - 2.144) )/ 2 )
=-11.816/( (101.871+151.977)/ 2 )
=-11.816/126.924
=-9.31 %

Reconnaissance Energy Africa'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 )
=-10.624/( ( (154.121 - 2.144) + (182.166 - 2.251) )/ 2 )
=-10.624/( ( 151.977 + 179.915 )/ 2 )
=-10.624/165.946
=-6.40 %

(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 -6.40% mean?
Reconnaissance Energy Africa (RECAF) has a ROCE % of -6.40% as of Mar. 2026.
Is Reconnaissance Energy Africa's ROCE % too high?
Reconnaissance Energy Africa's current ROCE % is -6.40%. Overall, Reconnaissance Energy Africa has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reconnaissance Energy Africa's ROCE % compare to COP and EOG?
Reconnaissance Energy Africa's ROCE % of -6.40% 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. Reconnaissance Energy Africa's current ROCE % is -6.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reconnaissance Energy Africa stock overvalued right now?
Based on GuruFocus' analysis, Reconnaissance Energy Africa (RECAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.17, compared to a current price of $0.75 — trading 340.6% above its estimated fair value. The current ROCE % is -6.40%. Reconnaissance Energy Africa's overall GF Score™ is 28/100 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 Reconnaissance Energy Africa (RECAF), the current ROCE % is -6.40% 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 Reconnaissance Energy Africa (RECAF) Overvalued in 2026?

Based on GuruFocus' analysis, Reconnaissance Energy Africa stock appears to be overvalued. The current stock price of $0.75 is trading 340.6% above its estimated GF Value™ of $0.17. GuruFocus considers Reconnaissance Energy Africa to be Significantly Overvalued.

Key valuation signals for RECAF:

  • ROCE %: -6.40%
  • GF Value™: $0.17 vs. price of $0.75 (340.6% above fair value)
  • GF Score™: 28/100 with 2 warning signs

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

Reconnaissance Energy Africa Business Description

Industry EnergyOil & Gas
Other Exchanges 0XD:GermanyRECO:Canada
Address 635-8th Avenue S.W, Suite 1250, Calgary, AB, CAN, T2P 3M3
Reconnaissance Energy Africa Ltd is a junior oil and natural gas company with a focus on exploration and development in Namibia, Botswana, Gabon and Angola. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Company's operating segments are: the exploration and evaluation of its African assets; and the corporate segment. The corporate segment majorly aggregates costs incurred at the Company's head office in Vancouver and the operations office in Calgary.
28GF Score

Get the complete analysis for RECAF

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

$0.75
Price
$0.17
GF Value