BluEnergies (TSXV:BLU) ROCE %: -92.85% (As of Mar. 2026)

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TSXV:BLU BluEnergies Ltd TSXV:BLU
17 GF Score
Price C$2.25
! 1 Warning Sign
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What is BluEnergies ROCE %?

BluEnergies TSXV:BLU +8.17% 17 ROCE % is -92.85% as of Mar. 2026. GuruFocus rates TSXV:BLU with a GF Score™ of 17/100. 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. BluEnergies's annualized ROCE % for the quarter that ended in Mar. 2026 was -92.85%.

BluEnergies  (TSXV:BLU) 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.

BluEnergies ROCE % Related Terms

BluEnergies ROCE % Historical Data

* Premium members only.

The historical data trend for BluEnergies'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.

BluEnergies ROCE % Chart

BluEnergies Annual Data
Trend Dec22 Dec23 Dec24 Sep25
ROCE %
0.00 0.00 -48.29 -42.50

BluEnergies Quarterly Data
Sep23 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only -35.97 -95.95 -33.81 -29.96 -92.85
TSXV:BLU
17GF Score
BluEnergies Ltd TSXV:BLU
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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BluEnergies ROCE % Calculation

BluEnergies's annualized ROCE % for the fiscal year that ended in Sep. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Dec. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Dec. 2024 )(A: Sep. 2025 )
=-1.747/( ( (3.873 - 0.679) + (5.834 - 0.806) )/ 2 )
=-1.747/( (3.194+5.028)/ 2 )
=-1.747/4.111
=-42.50 %

BluEnergies'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 )
=-6.96/( ( (7.864 - 3.067) + (12.968 - 2.773) )/ 2 )
=-6.96/( ( 4.797 + 10.195 )/ 2 )
=-6.96/7.496
=-92.85 %

(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 -92.85% mean?
BluEnergies (TSXV:BLU) has a ROCE % of -92.85% as of Mar. 2026.
Is BluEnergies' ROCE % too high?
BluEnergies' current ROCE % is -92.85%. Overall, BluEnergies has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does BluEnergies' ROCE % compare to COP and EOG?
BluEnergies' ROCE % of -92.85% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.88. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.88, based on 977 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 Oil & Gas industry, the median ROCE % is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BluEnergies's current ROCE % is -92.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BluEnergies stock overvalued right now?
BluEnergies (TSXV:BLU) has a current ROCE % of -92.85%. The current ROCE % is -92.85%. BluEnergies' overall GF Score™ is 17/100 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 BluEnergies (TSXV:BLU), the current ROCE % is -92.85% 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.

BluEnergies Business Description

Industry EnergyOil & Gas
Other Exchanges 66E:Germany
Address 999 West Hastings Street, Suite 1500, Vancouver, BC, CAN, V6C 2W2
BluEnergies Ltd is a Canadian oil and gas exploration company that holds a 100% interest in the Harper Basin Reconnaissance License in Liberia, Africa. The near-term exploration and development plan of the company is to assess the conventional oil and gas potential of Reconnaissance License No. LPRA-002 through a pre-drill technical and economic evaluation of its prospective resource potential, and subsequent drilling and appraisal of potentially discovered hydrocarbon volumes.
17GF 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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