Mineros (TSX:MSA) ROCE %: 82.45% (As of Mar. 2026)


TSX:MSA Mineros SA TSX:MSA
82 GF Score
Price C$6.28
GF Value C$2.57
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Mineros ROCE %?

Mineros TSX:MSA +2.78% 82 ROCE % is 82.45% as of Mar. 2026. GuruFocus rates TSX:MSA with a GF Score™ of 82/100 and a GF Value™ of C$2.57 (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. Mineros's annualized ROCE % for the quarter that ended in Mar. 2026 was 82.45%.

Mineros  (TSX:MSA) 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.

Mineros ROCE % Related Terms

Mineros ROCE % Historical Data

* Premium members only.

The historical data trend for Mineros'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.

Mineros ROCE % Chart

Mineros 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 19.45 22.87 26.21 34.80 44.13

Mineros 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 46.51 50.79 56.67 27.58 82.45
TSX:MSA
82GF Score
Mineros SA TSX:MSA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mineros ROCE % Calculation

Mineros'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 )
=330.532/( ( (829.227 - 151.05) + (1036.028 - 216.346) )/ 2 )
=330.532/( (678.177+819.682)/ 2 )
=330.532/748.9295
=44.13 %

Mineros'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 )
=708.376/( ( (1036.028 - 216.346) + (1186.751 - 288.02) )/ 2 )
=708.376/( ( 819.682 + 898.731 )/ 2 )
=708.376/859.2065
=82.45 %

(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 82.45% mean?
Mineros (TSX:MSA) has a ROCE % of 82.45% as of Mar. 2026.
Is Mineros' ROCE % too high?
Mineros' current ROCE % is 82.45%. Overall, Mineros has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mineros' ROCE % compare to NEM and AU?
Mineros' ROCE % of 82.45% 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. Mineros's current ROCE % is 82.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineros stock overvalued right now?
Based on GuruFocus' analysis, Mineros (TSX:MSA) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.57, compared to a current price of C$6.28 — trading 144.4% above its estimated fair value. The current ROCE % is 82.45%. Mineros' overall GF Score™ is 82/100 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 Mineros (TSX:MSA), the current ROCE % is 82.45% 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 Mineros (TSX:MSA) Overvalued in 2026?

Based on GuruFocus' analysis, Mineros stock appears to be overvalued. The current stock price of C$6.28 is trading 144.4% above its estimated GF Value™ of C$2.57. GuruFocus considers Mineros to be Significantly Overvalued.

Key valuation signals for TSX:MSA:

  • ROCE %: 82.45%
  • GF Value™: C$2.57 vs. price of C$6.28 (144.4% above fair value)
  • GF Score™: 82/100 with 1 warning sign

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

Mineros Business Description

Other Exchanges MNSAF:USAMINEROS:Colombia
Address Carrera 43 A No 14-109, Nova Tempo Building, 6th floor, Medellin, COL
Mineros SA is a precious metals producer with gold production, development, and exploration stage properties in Latin and South America, including Colombia and Nicaragua. Its principal producing mining properties are the Nechi Alluvial mine in Colombia and the Pioneer and Panama mines in Nicaragua. The Group operates in two principal countries, Colombia (Nechi Alluvial) and Nicaragua (HEMCO Nicaragua). The Group also has gold exploration projects, including the La Pepa project in Chile, included in the Segment Chile (La Pepa). Key revenue is generated from Nicaragua (HEMCO Nicaragua).
82GF Score

Get the complete analysis for TSX:MSA

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

C$6.28
Price
C$2.57
GF Value