TGOLF (Thunder Gold) ROCE %: -1.63% (As of Jan. 2026)


TGOLF Thunder Gold Corp TGOLF
39 GF Score
Price $0.08
! 1 Warning Sign
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What is Thunder Gold ROCE %?

Thunder Gold TGOLF +0.36% 39 ROCE % is -1.63% as of Jan. 2026. GuruFocus rates TGOLF with a GF Score™ of 39/100. The stock has 1 warning sign 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. Thunder Gold's annualized ROCE % for the quarter that ended in Jan. 2026 was -1.63%.

Thunder Gold  (OTCPK:TGOLF) 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.

Thunder Gold ROCE % Related Terms

Thunder Gold ROCE % Historical Data

* Premium members only.

The historical data trend for Thunder Gold'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.

Thunder Gold ROCE % Chart

Thunder Gold Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.81 -15.84 -3.82 -8.46 -13.82

Thunder Gold Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 -27.01 -11.72 8.80 2.40 -1.63
TGOLF
39GF Score
Thunder Gold Corp TGOLF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thunder Gold ROCE % Calculation

Thunder Gold's annualized ROCE % for the fiscal year that ended in Apr. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2025 )  (A: Apr. 2024 )(A: Apr. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2025 )  (A: Apr. 2024 )(A: Apr. 2025 )
=-0.821/( ( (5.565 - 0.035) + (6.374 - 0.026) )/ 2 )
=-0.821/( (5.53+6.348)/ 2 )
=-0.821/5.939
=-13.82 %

Thunder Gold's ROCE % of for the quarter that ended in Jan. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=-0.132/( ( (7.655 - 0.214) + (9.091 - 0.379) )/ 2 )
=-0.132/( ( 7.441 + 8.712 )/ 2 )
=-0.132/8.0765
=-1.63 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 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 -1.63% mean?
Thunder Gold (TGOLF) has a ROCE % of -1.63% as of Jan. 2026.
Is Thunder Gold's ROCE % too high?
Thunder Gold's current ROCE % is -1.63%. Overall, Thunder Gold has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Thunder Gold's ROCE % compare to competitors?
Thunder Gold's ROCE % of -1.63% 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. Thunder Gold's current ROCE % is -1.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thunder Gold stock overvalued right now?
Thunder Gold (TGOLF) has a current ROCE % of -1.63%. The current ROCE % is -1.63%. Thunder Gold's overall GF Score™ is 39/100 with 1 warning sign 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 Thunder Gold (TGOLF), the current ROCE % is -1.63% as of Jan. 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.

Thunder Gold Business Description

Other Exchanges Z25:GermanyTGOL:Canada
Address 128-1100 Memorial Avenue, Thunder Bay, ON, CAN, P7B 4A3
Thunder Gold Corp is a junior exploration company. The company's flagship property is the Tower Mountain gold project, located in northwestern Ontario, fifty km west of Thunder Bay. The firm also holds a 100% interest in the Pen Property (Au) and the Seagull Lake Property (PGEs), both located in northwestern ON. In addition, the company has optioned the following properties to other companies: Okohongo (Cu-Ag) and Dorwit (Cu-Ag) in Namibia, Vanguard-Iris Lake (Au), and Far Lake (CuAg) in ON, and the Startrek (Au-Ag) property in NF.
39GF 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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