West African Resources (STU:W25) ROCE %: 52.26% (As of Dec. 2025)


STU:W25 West African Resources Ltd STU:W25
96 GF Score
Price €1.72
GF Value €1.98
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is West African Resources ROCE %?

West African Resources STU:W25 +0.09% 96 ROCE % is 52.26% as of Dec. 2025. GuruFocus rates STU:W25 with a GF Score™ of 96/100 and a GF Value™ of €1.98 (Modestly Undervalued). 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. West African Resources's annualized ROCE % for the quarter that ended in Dec. 2025 was 52.26%.

West African Resources  (STU:W25) 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.

West African Resources ROCE % Related Terms

West African Resources ROCE % Historical Data

* Premium members only.

The historical data trend for West African Resources'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.

West African Resources ROCE % Chart

West African Resources Annual Data
Trend Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.73 37.25 25.39 23.88 40.66

West African Resources 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 23.46 22.33 25.32 31.08 52.26
STU:W25
96GF Score
West African Resources Ltd STU:W25
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

West African Resources ROCE % Calculation

West African Resources'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 )
=475.46/( ( (1194.083 - 117.924) + (1540.945 - 278.557) )/ 2 )
=475.46/( (1076.159+1262.388)/ 2 )
=475.46/1169.2735
=40.66 %

West African Resources'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 )
=613.336/( ( (1279.306 - 194.643) + (1540.945 - 278.557) )/ 2 )
=613.336/( ( 1084.663 + 1262.388 )/ 2 )
=613.336/1173.5255
=52.26 %

(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 52.26% mean?
West African Resources (STU:W25) has a ROCE % of 52.26% as of Dec. 2025.
Is West African Resources' ROCE % too high?
West African Resources' current ROCE % is 52.26%. Overall, West African Resources has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' ROCE % compare to NEM and AU?
West African Resources' ROCE % of 52.26% 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. West African Resources's current ROCE % is 52.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West African Resources stock overvalued right now?
Based on GuruFocus' analysis, West African Resources (STU:W25) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.98, compared to a current price of €1.72 — trading 13.1% below its estimated fair value. The current ROCE % is 52.26%. West African Resources' overall GF Score™ is 96/100 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 West African Resources (STU:W25), the current ROCE % is 52.26% 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 West African Resources (STU:W25) Overvalued in 2026?

Based on GuruFocus' analysis, West African Resources stock appears to be undervalued. The current stock price of €1.72 is trading 13.1% below its estimated GF Value™ of €1.98. GuruFocus considers West African Resources to be Modestly Undervalued.

Key valuation signals for STU:W25:

  • ROCE %: 52.26%
  • GF Value™: €1.98 vs. price of €1.72 (13.1% below fair value)
  • GF Score™: 96/100 with 3 warning signs

No single metric tells the full story. See the STU:W25 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

West African Resources Business Description

Other Exchanges WFRSF:USAWAF:Australia
Address 1 Alvan Street, Level 1, Subiaco, WA, AUS, 6008
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
96GF Score

Get the complete analysis for STU:W25

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

€1.72
Price
€1.98
GF Value