THNCF (Thinkific Labs) ROCE %: -17.28% (As of Mar. 2026)

What is Thinkific Labs ROCE %?

Thinkific Labs THNCF 72 ROCE % is -17.28% as of Mar. 2026. GuruFocus rates THNCF with a GF Score™ of 72/100 and a GF Value™ of $2.52 (Significantly Undervalued). The stock has 4 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. Thinkific Labs's annualized ROCE % for the quarter that ended in Mar. 2026 was -17.28%.

Thinkific Labs (OTCPK:THNCF) 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.

Thinkific Labs ROCE % Related Terms

Thinkific Labs ROCE % Historical Data

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The historical data trend for Thinkific Labs'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.

Thinkific Labs ROCE % Chart

Thinkific Labs Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-37.93

-29.28

-12.34

-3.90

-3.03

Thinkific Labs 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															-1.79	-7.67	-2.07	-0.55	-17.28

72GF Score

Thinkific Labs Inc THNCF

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Thinkific Labs ROCE % Calculation

Thinkific Labs'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 )
	=	-1.325	/	( ( (61.368 - 18.373)	+	(62.779 - 18.396) )	/ 2 )
	=	-1.325	/	( (42.995	+	44.383)	/ 2 )
	=	-1.325	/	43.689
	=	-3.03 %

Thinkific Labs'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 )
	=	-7.54	/	( ( (62.779 - 18.396)	+	(61.618 - 18.733) )	/ 2 )
	=	-7.54	/	( ( 44.383	+	42.885 )	/ 2 )
	=	-7.54	/	43.634
	=	-17.28 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -17.28% mean?

Thinkific Labs (THNCF) has a ROCE % of -17.28% as of Mar. 2026.

Is Thinkific Labs' ROCE % too high?

Thinkific Labs' current ROCE % is -17.28%. Overall, Thinkific Labs has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Thinkific Labs' ROCE % compare to CRM and SHOP?

Thinkific Labs' ROCE % of -17.28% can be compared against companies in the Software industry. The industry median ROCE % is 5.28. 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 Software company?

The median ROCE % among Software companies is 5.28, based on 2,711 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. 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. For the Software industry, the median ROCE % is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinkific Labs's current ROCE % is -17.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Thinkific Labs stock overvalued right now?

Based on GuruFocus' analysis, Thinkific Labs (THNCF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.52, compared to a current price of $0.82 — trading 67.4% below its estimated fair value. The current ROCE % is -17.28%. Thinkific Labs' overall GF Score™ is 72/100 with 4 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 Thinkific Labs (THNCF), the current ROCE % is -17.28% 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.

Is Thinkific Labs (THNCF) Overvalued in 2026?

Based on GuruFocus' analysis, Thinkific Labs stock appears to be undervalued. The current stock price of $0.82 is trading 67.4% below its estimated GF Value™ of $2.52. GuruFocus considers Thinkific Labs to be Significantly Undervalued.

Key valuation signals for THNCF:

ROCE %: -17.28%
GF Value™: $2.52 vs. price of $0.82 (67.4% below fair value)
GF Score™: 72/100 with 4 warning signs

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

Thinkific Labs Business Description

Industry Technology Software

Comparable Companies TSX:IMP TSX:SYZ TSXV:ARGH TSXV:MHUB XCNQ:SPAI TSXV:DDD TSXV:AMT TSXV:ONE TSX:XTRA XCNQ:URL XTER:SAP CRM SHOP UBER NOW ADBE CDNS INTU ADP SNOW

Other Exchanges 5S0A:Germany THNC:Canada

Address 369 Terminal Avenue, Suite 400, Vancouver, BC, CAN, V6A 4C4

Website https://www.thinkific.com

Thinkific Labs Inc is a cloud-based software platform. Its business activity is to provide a learning commerce platform that helps businesses scale and generate revenue through courses, communities, AI and commerce. The company's platform provides its customers with a learning commerce solution that enables them to create new revenue streams, retain customers, and build community through customized courses, membership sites, communities, digital products and other experiences. Its sources of revenue consist of software subscriptions to its cloud-based platform and revenue from payment processing. Geographically, it operates in Canada; United States, generating maximum revenue; and Rest of the World.

72GF Score

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$0.82

Price

$2.52

GF Value

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