Multi-Metal Development (TSXV:MLY.H) ROCE %: 28.50% (As of Mar. 2023)


What is Multi-Metal Development ROCE %?

Multi-Metal Development TSXV:MLY.H ROCE % is 28.50% as of Mar. 2023.

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. Multi-Metal Development's annualized ROCE % for the quarter that ended in Mar. 2023 was 28.50%.

Multi-Metal Development  (TSXV:MLY.H) 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.

Multi-Metal Development ROCE % Related Terms

Multi-Metal Development ROCE % Historical Data

* Premium members only.

The historical data trend for Multi-Metal Development'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.

Multi-Metal Development ROCE % Chart

Multi-Metal Development Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.23 -25.11 -2.16 -7.02 -7.45

Multi-Metal Development Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -8.28 -8.51 -7.13 -6.97 28.50

Multi-Metal Development ROCE % Calculation

Multi-Metal Development's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=-1.392/( ( (25.612 - 9.787) + (26.688 - 5.161) )/ 2 )
=-1.392/( (15.825+21.527)/ 2 )
=-1.392/18.676
=-7.45 %

Multi-Metal Development's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=10.028/( ( (27.838 - 5.268) + (53.221 - 5.423) )/ 2 )
=10.028/( ( 22.57 + 47.798 )/ 2 )
=10.028/35.184
=28.50 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2023) 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 28.50% mean?
Multi-Metal Development (TSXV:MLY.H) has a ROCE % of 28.50% as of Mar. 2023.
Is Multi-Metal Development's ROCE % too high?
Multi-Metal Development's current ROCE % is 28.50%.
How does Multi-Metal Development's ROCE % compare to SVBL and LBRMF?
Multi-Metal Development's ROCE % of 28.50% 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. Multi-Metal Development's current ROCE % is 28.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi-Metal Development stock overvalued right now?
Multi-Metal Development (TSXV:MLY.H) has a current ROCE % of 28.50%. The current ROCE % is 28.50%. 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 Multi-Metal Development (TSXV:MLY.H), the current ROCE % is 28.50% as of Mar. 2023. 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.

Multi-Metal Development Business Description

Address 638 Millbank, Vancouver, BC, CAN, V5Z 4B7
Multi-Metal Development Ltd is a Canadian-based mining company. It is advancing two projects the CuMo Project in Idaho and its newly-acquired Bleiberg Project in Austria.