Theta Gold Mines (STU:3LM) ROCE %: -28.90% (As of Dec. 2025)


STU:3LM Theta Gold Mines Ltd STU:3LM
34 GF Score
Price €0.13
! 2 Warning Signs
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What is Theta Gold Mines ROCE %?

Theta Gold Mines STU:3LM -3.08% 34 ROCE % is -28.90% as of Dec. 2025. GuruFocus rates STU:3LM with a GF Score™ of 34/100. 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. Theta Gold Mines's annualized ROCE % for the quarter that ended in Dec. 2025 was -28.90%.

Theta Gold Mines  (STU:3LM) 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.

Theta Gold Mines ROCE % Related Terms

Theta Gold Mines ROCE % Historical Data

* Premium members only.

The historical data trend for Theta Gold Mines'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.

Theta Gold Mines ROCE % Chart

Theta Gold Mines Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.13 -55.90 -53.52 -111.21 -66.33

Theta Gold Mines Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 -62.22 -110.99 -538.47 101.98 -28.90
STU:3LM
34GF Score
Theta Gold Mines Ltd STU:3LM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Theta Gold Mines ROCE % Calculation

Theta Gold Mines's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=-3.622/( ( (22.113 - 22.096) + (25.414 - 14.51) )/ 2 )
=-3.622/( (0.016999999999999+10.904)/ 2 )
=-3.622/5.4605
=-66.33 %

Theta Gold Mines'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: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-4.352/( ( (25.414 - 14.51) + (37.951 - 18.737) )/ 2 )
=-4.352/( ( 10.904 + 19.214 )/ 2 )
=-4.352/15.059
=-28.90 %

(1) Note: The EBIT data used here is two times the semi-annual (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 -28.90% mean?
Theta Gold Mines (STU:3LM) has a ROCE % of -28.90% as of Dec. 2025.
Is Theta Gold Mines' ROCE % too high?
Theta Gold Mines' current ROCE % is -28.90%. Overall, Theta Gold Mines has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Theta Gold Mines' ROCE % compare to NEM and AU?
Theta Gold Mines' ROCE % of -28.90% 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. Theta Gold Mines's current ROCE % is -28.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Theta Gold Mines stock overvalued right now?
Theta Gold Mines (STU:3LM) has a current ROCE % of -28.90%. The current ROCE % is -28.90%. Theta Gold Mines' overall GF Score™ is 34/100 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 Theta Gold Mines (STU:3LM), the current ROCE % is -28.90% 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.

Theta Gold Mines Business Description

Address 100 Barangaroo Avenue, Suite 80, Level 35 (ServCorp), International Tower One, Sydney, NSW, AUS, 2000
Theta Gold Mines Ltd is a gold exploration and development company. The company holds gold assets in the South African gold mining region. The projects of the company include the TGME Project near the historic gold mining town of Pilgrims Rest in Mpumalanga Province, and other projects.
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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