THMG (Thunder Mountain Gold) ROCE %: -148.01% (As of Mar. 2026)


THMG Thunder Mountain Gold Inc THMG
23 GF Score
Price $0.82
! 3 Warning Signs
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What is Thunder Mountain Gold ROCE %?

Thunder Mountain Gold THMG +0.87% 23 ROCE % is -148.01% as of Mar. 2026. GuruFocus rates THMG with a GF Score™ of 23/100. 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. Thunder Mountain Gold's annualized ROCE % for the quarter that ended in Mar. 2026 was -148.01%.

Thunder Mountain Gold  (OTCPK:THMG) 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 Mountain Gold ROCE % Related Terms

Thunder Mountain Gold ROCE % Historical Data

* Premium members only.

The historical data trend for Thunder Mountain 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 Mountain Gold ROCE % Chart

Thunder Mountain Gold 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 -31.00 -42.97 -654.26 0.00 -373.94

Thunder Mountain Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 -415.07 -282.06 -148.01
THMG
23GF Score
Thunder Mountain Gold Inc THMG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thunder Mountain Gold ROCE % Calculation

Thunder Mountain Gold'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 )
=-2.827/( ( (0.981 - 1.309) + (3.291 - 1.451) )/ 2 )
=-2.827/( (-0.328+1.84)/ 2 )
=-2.827/0.756
=-373.94 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-2.38/( ( (3.291 - 1.451) + (2.736 - 1.36) )/ 2 )
=-2.38/( ( 1.84 + 1.376 )/ 2 )
=-2.38/1.608
=-148.01 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 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 -148.01% mean?
Thunder Mountain Gold (THMG) has a ROCE % of -148.01% as of Mar. 2026.
Is Thunder Mountain Gold's ROCE % too high?
Thunder Mountain Gold's current ROCE % is -148.01%. Overall, Thunder Mountain Gold has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Thunder Mountain Gold's ROCE % compare to ACRG and GRML?
Thunder Mountain Gold's ROCE % of -148.01% 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 Mountain Gold's current ROCE % is -148.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thunder Mountain Gold stock overvalued right now?
Thunder Mountain Gold (THMG) has a current ROCE % of -148.01%. The current ROCE % is -148.01%. Thunder Mountain Gold's overall GF Score™ is 23/100 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 Thunder Mountain Gold (THMG), the current ROCE % is -148.01% as of Mar. 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 Mountain Gold Business Description

Other Exchanges THM:Canada
Address 11770 W. President Drive, Suite F, Boise, ID, USA, 83713
Thunder Mountain Gold Inc is a mineral exploration stage company. The company is engaged in exploring mining properties that have the potential to produce high-quality precious and base metal projects in North America. The company holds interests in the South Mountain and Trout Creek Project. The Company operates as a single business segment, focused on the exploration and development of the South Mountain Project.
23GF 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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