CanAsia Energy (TSXV:CEC) ROCE %: -37.76% (As of Mar. 2026)

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TSXV:CEC CanAsia Energy Corp TSXV:CEC
32 GF Score
Price C$0.28
! 1 Warning Sign
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What is CanAsia Energy ROCE %?

CanAsia Energy TSXV:CEC 32 ROCE % is -37.76% as of Mar. 2026. GuruFocus rates TSXV:CEC with a GF Score™ of 32/100. 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. CanAsia Energy's annualized ROCE % for the quarter that ended in Mar. 2026 was -37.76%.

CanAsia Energy  (TSXV:CEC) 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.

CanAsia Energy ROCE % Related Terms

CanAsia Energy ROCE % Historical Data

* Premium members only.

The historical data trend for CanAsia Energy'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.

CanAsia Energy ROCE % Chart

CanAsia Energy Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROCE %
-15.75 -53.28 -39.46 -33.05

CanAsia Energy Quarterly Data
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 -30.68 -34.97 -33.93 -33.89 -37.76
TSXV:CEC
32GF Score
CanAsia Energy Corp TSXV:CEC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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CanAsia Energy ROCE % Calculation

CanAsia Energy'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 )
=-2.969/( ( (14.868 - 4.419) + (11.753 - 4.235) )/ 2 )
=-2.969/( (10.449+7.518)/ 2 )
=-2.969/8.9835
=-33.05 %

CanAsia Energy'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 )
=-2.716/( ( (11.753 - 4.235) + (11.121 - 4.254) )/ 2 )
=-2.716/( ( 7.518 + 6.867 )/ 2 )
=-2.716/7.1925
=-37.76 %

(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 -37.76% mean?
CanAsia Energy (TSXV:CEC) has a ROCE % of -37.76% as of Mar. 2026.
Is CanAsia Energy's ROCE % too high?
CanAsia Energy's current ROCE % is -37.76%. Overall, CanAsia Energy has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does CanAsia Energy's ROCE % compare to COP and EOG?
CanAsia Energy's ROCE % of -37.76% 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. CanAsia Energy's current ROCE % is -37.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CanAsia Energy stock overvalued right now?
CanAsia Energy (TSXV:CEC) has a current ROCE % of -37.76%. The current ROCE % is -37.76%. CanAsia Energy's overall GF Score™ is 32/100 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 CanAsia Energy (TSXV:CEC), the current ROCE % is -37.76% 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.

CanAsia Energy Business Description

Industry EnergyOil & Gas
Other Exchanges CECAF:USA
Address 3rd Street SW, Unit 1505, 505, Calgary, AB, CAN, T2P 3E6
CanAsia Energy Corp is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The company has interest in Sawn Lake, Alberta.
32GF 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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