Canada Nickel Co (TSXV:CNC) ROCE %: -4.98% (As of Apr. 2026)

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TSXV:CNC Canada Nickel Co Inc TSXV:CNC
37 GF Score
Price C$1.53
! 1 Warning Sign
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What is Canada Nickel Co ROCE %?

Canada Nickel Co TSXV:CNC -3.16% 37 ROCE % is -4.98% as of Apr. 2026. GuruFocus rates TSXV:CNC with a GF Score™ of 37/100. 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. Canada Nickel Co's annualized ROCE % for the quarter that ended in Apr. 2026 was -4.98%.

Canada Nickel Co  (TSXV:CNC) 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.

Canada Nickel Co ROCE % Related Terms

Canada Nickel Co ROCE % Historical Data

* Premium members only.

The historical data trend for Canada Nickel Co'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.

Canada Nickel Co ROCE % Chart

Canada Nickel Co Annual Data
Trend Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROCE %
Get a 7-Day Free Trial -16.21 -2.85 -6.76 -1.10 -5.59

Canada Nickel Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -4.84 -5.73 -7.35 -7.50 -4.98
TSXV:CNC
37GF Score
Canada Nickel Co Inc TSXV:CNC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Canada Nickel Co ROCE % Calculation

Canada Nickel Co's annualized ROCE % for the fiscal year that ended in Oct. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=-12.693/( ( (264.554 - 55.592) + (284.234 - 38.807) )/ 2 )
=-12.693/( (208.962+245.427)/ 2 )
=-12.693/227.1945
=-5.59 %

Canada Nickel Co's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=-13.008/( ( (301.087 - 38.321) + (316.484 - 56.797) )/ 2 )
=-13.008/( ( 262.766 + 259.687 )/ 2 )
=-13.008/261.2265
=-4.98 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 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 -4.98% mean?
Canada Nickel Co (TSXV:CNC) has a ROCE % of -4.98% as of Apr. 2026.
Is Canada Nickel Co's ROCE % too high?
Canada Nickel Co's current ROCE % is -4.98%. Overall, Canada Nickel Co has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Canada Nickel Co's ROCE % compare to competitors?
Canada Nickel Co's ROCE % of -4.98% 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. Canada Nickel Co's current ROCE % is -4.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canada Nickel Co stock overvalued right now?
Canada Nickel Co (TSXV:CNC) has a current ROCE % of -4.98%. The current ROCE % is -4.98%. Canada Nickel Co's overall GF Score™ is 37/100 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 Canada Nickel Co (TSXV:CNC), the current ROCE % is -4.98% as of Apr. 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.

Canada Nickel Co Business Description

Other Exchanges CNIKF:USA4E0:Germany
Address 130 King Street West, Suite 1900, Toronto, ON, CAN, M5X1E3
Canada Nickel Co Inc is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless steel markets. The company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt, NetZero Iron and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions.
37GF 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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