MAX Resource (TSXV:MAX) ROCE %: -23.89% (As of Mar. 2026)


TSXV:MAX MAX Resource Corp TSXV:MAX
33 GF Score
Price C$0.25
! 1 Warning Sign
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What is MAX Resource ROCE %?

MAX Resource TSXV:MAX -5.77% 33 ROCE % is -23.89% as of Mar. 2026. GuruFocus rates TSXV:MAX with a GF Score™ of 33/100. 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. MAX Resource's annualized ROCE % for the quarter that ended in Mar. 2026 was -23.89%.

MAX Resource  (TSXV:MAX) 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.

MAX Resource ROCE % Related Terms

MAX Resource ROCE % Historical Data

* Premium members only.

The historical data trend for MAX Resource'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.

MAX Resource ROCE % Chart

MAX Resource 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 -126.16 -42.40 -36.42 -34.01 -20.36

MAX Resource 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 -23.67 -17.09 -19.47 -26.77 -23.89
TSXV:MAX
33GF Score
MAX Resource Corp TSXV:MAX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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MAX Resource ROCE % Calculation

MAX Resource'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 )
=-3.298/( ( (19.86 - 3.962) + (18.423 - 1.917) )/ 2 )
=-3.298/( (15.898+16.506)/ 2 )
=-3.298/16.202
=-20.36 %

MAX Resource'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 )
=-3.884/( ( (18.423 - 1.917) + (18.128 - 2.125) )/ 2 )
=-3.884/( ( 16.506 + 16.003 )/ 2 )
=-3.884/16.2545
=-23.89 %

(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 -23.89% mean?
MAX Resource (TSXV:MAX) has a ROCE % of -23.89% as of Mar. 2026.
Is MAX Resource's ROCE % too high?
MAX Resource's current ROCE % is -23.89%. Overall, MAX Resource has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does MAX Resource's ROCE % compare to HL?
MAX Resource's ROCE % of -23.89% 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. MAX Resource's current ROCE % is -23.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAX Resource stock overvalued right now?
MAX Resource (TSXV:MAX) has a current ROCE % of -23.89%. The current ROCE % is -23.89%. MAX Resource's overall GF Score™ is 33/100 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 MAX Resource (TSXV:MAX), the current ROCE % is -23.89% 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.

MAX Resource Business Description

Other Exchanges MXROF:USAM1D:Germany
Address 1570-200 Burrard Street, Vancouver, BC, CAN, V6C 3L6
MAX Resource Corp is a mineral exploration company advancing the newly discovered district-scale Cesar copper-silver project. Its Cesar project sits along with the Colombian portion producing copper belt (Andean belt), with infrastructure and the presence of majors (Glencore and Chevron). The company holds a 100% interest in the RT Gold project in Peru. It has one operating segment which is the exploration of resource properties. The company has its geographical presence in Canada; Colombia; and Brazil.
33GF 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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