Centerra Gold (TSX:CG) ROCE %: 21.42% (As of Mar. 2026)

What is Centerra Gold ROCE %?

Centerra Gold TSX:CG -2.98% 91 ROCE % is 21.42% as of Mar. 2026. GuruFocus rates TSX:CG with a GF Score™ of 91/100 and a GF Value™ of C$14.23 (Significantly Overvalued). 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. Centerra Gold's annualized ROCE % for the quarter that ended in Mar. 2026 was 21.42%.

Centerra Gold (TSX:CG) 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.

Centerra Gold ROCE % Related Terms

Centerra Gold ROCE % Historical Data

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The historical data trend for Centerra 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.

Centerra Gold ROCE % Chart

Centerra Gold Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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15.15

-2.00

0.70

9.10

32.14

Centerra 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															11.95	13.65	65.51	41.02	21.42

91GF Score

Centerra Gold Inc TSX:CG

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Centerra Gold ROCE % Calculation

Centerra 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 )
	=	1010.418	/	( ( (3227.135 - 404.444)	+	(4081.458 - 616.503) )	/ 2 )
	=	1010.418	/	( (2822.691	+	3464.955)	/ 2 )
	=	1010.418	/	3143.823
	=	32.14 %

Centerra 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 )
	=	753.688	/	( ( (4081.458 - 616.503)	+	(4219.196 - 645.925) )	/ 2 )
	=	753.688	/	( ( 3464.955	+	3573.271 )	/ 2 )
	=	753.688	/	3519.113
	=	21.42 %

(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 21.42% mean?

Centerra Gold (TSX:CG) has a ROCE % of 21.42% as of Mar. 2026.

Is Centerra Gold's ROCE % too high?

Centerra Gold's current ROCE % is 21.42%. Overall, Centerra Gold has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Centerra Gold's ROCE % compare to NEM and AU?

Centerra Gold's ROCE % of 21.42% 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. Centerra Gold's current ROCE % is 21.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Centerra Gold stock overvalued right now?

Based on GuruFocus' analysis, Centerra Gold (TSX:CG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.23, compared to a current price of C$22.82 — trading 60.4% above its estimated fair value. The current ROCE % is 21.42%. Centerra Gold's overall GF Score™ is 91/100 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 Centerra Gold (TSX:CG), the current ROCE % is 21.42% 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 Centerra Gold (TSX:CG) Overvalued in 2026?

Based on GuruFocus' analysis, Centerra Gold stock appears to be overvalued. The current stock price of C$22.82 is trading 60.4% above its estimated GF Value™ of C$14.23. GuruFocus considers Centerra Gold to be Significantly Overvalued.

Key valuation signals for TSX:CG:

ROCE %: 21.42%
GF Value™: C$14.23 vs. price of C$22.82 (60.4% above fair value)
GF Score™: 91/100 with 1 warning sign

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

Centerra Gold Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSX:ARIS TSX:NG TSX:AAUC TSX:FVI TSX:WDO TSX:TXG TSX:KNT TSX:OLA TSX:MAU TSX:SXGC SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM AU TSX:FNV HKSE:02259 TSX:K JSE:GFI

Other Exchanges CGAU:USA 0UP5:UK GOU:Germany

Address 1 University Avenue, Suite 1800, Toronto, ON, CAN, M5J 2P1

Website https://www.centerragold.com

Centerra Gold Inc is principally focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets world-wide. The company reportable operating segments are Oksut; Mount Milligan; and Molybdenum. It derives maximum revenue from Mount Milligan segment. Geographically, it operates in Turkey, United States, and Canada.

91GF Score

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

C$22.82

Price

C$14.23

GF Value

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