Orezone Gold (TSX:ORE) ROCE %: 42.12% (As of Mar. 2026)


TSX:ORE Orezone Gold Corp TSX:ORE
50 GF Score
Price C$2.18
GF Value C$1.21
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Orezone Gold ROCE %?

Orezone Gold TSX:ORE -4.80% 50 ROCE % is 42.12% as of Mar. 2026. GuruFocus rates TSX:ORE with a GF Score™ of 50/100 and a GF Value™ of C$1.21 (Significantly Overvalued). The stock has 2 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. Orezone Gold's annualized ROCE % for the quarter that ended in Mar. 2026 was 42.12%.

Orezone Gold  (TSX:ORE) 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.

Orezone Gold ROCE % Related Terms

Orezone Gold ROCE % Historical Data

* Premium members only.

The historical data trend for Orezone 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.

Orezone Gold ROCE % Chart

Orezone 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 -28.54 2.41 37.41 33.55 32.14

Orezone 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 33.60 28.99 19.24 43.97 42.12
TSX:ORE
50GF Score
Orezone Gold Corp TSX:ORE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orezone Gold ROCE % Calculation

Orezone 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 )
=190.942/( ( (639.088 - 119.669) + (919.929 - 251.251) )/ 2 )
=190.942/( (519.419+668.678)/ 2 )
=190.942/594.0485
=32.14 %

Orezone 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 )
=441.108/( ( (919.929 - 251.251) + (1786.706 - 360.656) )/ 2 )
=441.108/( ( 668.678 + 1426.05 )/ 2 )
=441.108/1047.364
=42.12 %

(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 42.12% mean?
Orezone Gold (TSX:ORE) has a ROCE % of 42.12% as of Mar. 2026.
Is Orezone Gold's ROCE % too high?
Orezone Gold's current ROCE % is 42.12%. Overall, Orezone Gold has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orezone Gold's ROCE % compare to NEM and AU?
Orezone Gold's ROCE % of 42.12% 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. Orezone Gold's current ROCE % is 42.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orezone Gold stock overvalued right now?
Based on GuruFocus' analysis, Orezone Gold (TSX:ORE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$1.21, compared to a current price of C$2.18 — trading 80.2% above its estimated fair value. The current ROCE % is 42.12%. Orezone Gold's overall GF Score™ is 50/100 with 2 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 Orezone Gold (TSX:ORE), the current ROCE % is 42.12% 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 Orezone Gold (TSX:ORE) Overvalued in 2026?

Based on GuruFocus' analysis, Orezone Gold stock appears to be overvalued. The current stock price of C$2.18 is trading 80.2% above its estimated GF Value™ of C$1.21. GuruFocus considers Orezone Gold to be Significantly Overvalued.

Key valuation signals for TSX:ORE:

  • ROCE %: 42.12%
  • GF Value™: C$1.21 vs. price of C$2.18 (80.2% above fair value)
  • GF Score™: 50/100 with 2 warning signs

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

Orezone Gold Business Description

Address 505 Burrard Street, Suite 450, Vancouver, BC, CAN, V7X 1M3
Orezone Gold Corp is a Canada-based gold mining company mainly engaged in the exploration and evaluation, and development of gold. The company operates the open pit Bombore Gold Mine in Burkina Faso. The company operates in the business segment of acquisition, exploration, and potential development of precious metal properties.
50GF Score

Get the complete analysis for TSX:ORE

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

C$2.18
Price
C$1.21
GF Value