Metals Exploration (STU:MJ4) ROCE %: 20.82% (As of Dec. 2025)


STU:MJ4 Metals Exploration PLC STU:MJ4
47 GF Score
Price €0.13
GF Value €0.04
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Metals Exploration ROCE %?

Metals Exploration STU:MJ4 +2.38% 47 ROCE % is 20.82% as of Dec. 2025. GuruFocus rates STU:MJ4 with a GF Score™ of 47/100 and a GF Value™ of €0.04 (Significantly Overvalued). The stock has 3 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. Metals Exploration's annualized ROCE % for the quarter that ended in Dec. 2025 was 20.82%.

Metals Exploration  (STU:MJ4) 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.

Metals Exploration ROCE % Related Terms

Metals Exploration ROCE % Historical Data

* Premium members only.

The historical data trend for Metals Exploration'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.

Metals Exploration ROCE % Chart

Metals Exploration Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.62 26.46 117.74 26.68 20.47

Metals Exploration 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 177.38 70.68 -27.25 16.65 20.82
STU:MJ4
47GF Score
Metals Exploration PLC STU:MJ4
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Metals Exploration ROCE % Calculation

Metals Exploration'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: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=39.258/( ( (166.444 - 31.213) + (275.973 - 27.553) )/ 2 )
=39.258/( (135.231+248.42)/ 2 )
=39.258/191.8255
=20.47 %

Metals Exploration'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 )
=49.116/( ( (236.639 - 13.236) + (275.973 - 27.553) )/ 2 )
=49.116/( ( 223.403 + 248.42 )/ 2 )
=49.116/235.9115
=20.82 %

(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 20.82% mean?
Metals Exploration (STU:MJ4) has a ROCE % of 20.82% as of Dec. 2025.
Is Metals Exploration's ROCE % too high?
Metals Exploration's current ROCE % is 20.82%. Overall, Metals Exploration has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metals Exploration's ROCE % compare to NEM and AU?
Metals Exploration's ROCE % of 20.82% 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. Metals Exploration's current ROCE % is 20.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metals Exploration stock overvalued right now?
Based on GuruFocus' analysis, Metals Exploration (STU:MJ4) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.04, compared to a current price of €0.13 — trading 222.5% above its estimated fair value. The current ROCE % is 20.82%. Metals Exploration's overall GF Score™ is 47/100 with 3 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 Metals Exploration (STU:MJ4), the current ROCE % is 20.82% 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.

Is Metals Exploration (STU:MJ4) Overvalued in 2026?

Based on GuruFocus' analysis, Metals Exploration stock appears to be overvalued. The current stock price of €0.13 is trading 222.5% above its estimated GF Value™ of €0.04. GuruFocus considers Metals Exploration to be Significantly Overvalued.

Key valuation signals for STU:MJ4:

  • ROCE %: 20.82%
  • GF Value™: €0.04 vs. price of €0.13 (222.5% above fair value)
  • GF Score™: 47/100 with 3 warning signs

No single metric tells the full story. See the STU:MJ4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Metals Exploration Business Description

Other Exchanges MTL:UKMJ4:Germany
Address 27-28 Eastcastle Street, London, GBR, W1W 8DH
Metals Exploration PLC is a natural resource exploration and development company. The company identifies, acquires, and develops mining and processing projects, mining companies, and businesses with a focus on base and precious metals mining opportunities. The main asset of the company is the Runruno gold-molybdenum project in Northern Philippines. The company operates in geographic areas of the UK, Philippines, and Singapore.
47GF Score

Get the complete analysis for STU:MJ4

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

€0.13
Price
€0.04
GF Value