SPMEF (South Pacific Metals) ROCE %: -12.13% (As of Dec. 2025)


SPMEF South Pacific Metals Corp SPMEF
34 GF Score
Price $0.23
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What is South Pacific Metals ROCE %?

South Pacific Metals SPMEF +3.90% 34 ROCE % is -12.13% as of Dec. 2025. GuruFocus rates SPMEF with a GF Score™ of 34/100.

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. South Pacific Metals's annualized ROCE % for the quarter that ended in Dec. 2025 was -12.13%.

South Pacific Metals  (OTCPK:SPMEF) 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.

South Pacific Metals ROCE % Related Terms

South Pacific Metals ROCE % Historical Data

* Premium members only.

The historical data trend for South Pacific Metals'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.

South Pacific Metals ROCE % Chart

South Pacific Metals Annual Data
Trend Nov20 Dec22 Dec23
ROCE %
-9.05 -31.38 -14.44

South Pacific Metals Quarterly Data
Feb20 Nov20 Feb21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 -6.56 -10.83 -12.65 -19.17 -12.13
SPMEF
34GF Score
South Pacific Metals Corp SPMEF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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South Pacific Metals ROCE % Calculation

South Pacific Metals's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-1.164/( ( (7.609 - 0.708) + (11.394 - 2.171) )/ 2 )
=-1.164/( (6.901+9.223)/ 2 )
=-1.164/8.062
=-14.44 %

South Pacific Metals's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=-2.78/( ( (20.026 - 1.063) + (27.915 - 1.028) )/ 2 )
=-2.78/( ( 18.963 + 26.887 )/ 2 )
=-2.78/22.925
=-12.13 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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 -12.13% mean?
South Pacific Metals (SPMEF) has a ROCE % of -12.13% as of Dec. 2025.
Is South Pacific Metals' ROCE % too high?
South Pacific Metals' current ROCE % is -12.13%. Overall, South Pacific Metals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does South Pacific Metals' ROCE % compare to NEM and AU?
South Pacific Metals' ROCE % of -12.13% 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. South Pacific Metals's current ROCE % is -12.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Pacific Metals stock overvalued right now?
South Pacific Metals (SPMEF) has a current ROCE % of -12.13%. The current ROCE % is -12.13%. South Pacific Metals' overall GF Score™ is 34/100. 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 South Pacific Metals (SPMEF), the current ROCE % is -12.13% as of Dec. 2025. 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.

South Pacific Metals Business Description

Other Exchanges SPMC:Canada
Address 1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6C 0A3
South Pacific Metals Corp is an emerging gold-copper exploration company operating in the heart of Papua New Guinea's gold and copper production corridors. With an expansive 3,000 sqkm land package and four transformative gold-copper projects contiguous with producers K92 Mining, PanAust and neighbouring Barrick Gold, new leadership and experienced in-country teams are prioritizing thoughtful and rigorous technical programs focused on boots-on-the-ground exploration to prioritize discovery across its portfolio projects: Anga, Osena, Kili Teke and May River.
34GF 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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