New Age Metals (TSXV:NAM) ROCE %: 1.68% (As of Jan. 2026)


TSXV:NAM New Age Metals Inc TSXV:NAM
36 GF Score
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What is New Age Metals ROCE %?

New Age Metals TSXV:NAM +7.55% 36 ROCE % is 1.68% as of Jan. 2026. GuruFocus rates TSXV:NAM with a GF Score™ of 36/100. 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. New Age Metals's annualized ROCE % for the quarter that ended in Jan. 2026 was 1.68%.

New Age Metals  (TSXV:NAM) 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.

New Age Metals ROCE % Related Terms

New Age Metals ROCE % Historical Data

* Premium members only.

The historical data trend for New Age Metals'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.

New Age Metals ROCE % Chart

New Age Metals Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.32 -8.62 -4.35 -4.60 -3.69

New Age Metals Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 -6.93 7.92 -2.70 0.77 1.68
TSXV:NAM
36GF Score
New Age Metals Inc TSXV:NAM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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New Age Metals ROCE % Calculation

New Age Metals's annualized ROCE % for the fiscal year that ended in Apr. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2025 )  (A: Apr. 2024 )(A: Apr. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2025 )  (A: Apr. 2024 )(A: Apr. 2025 )
=-0.494/( ( (15.439 - 1.792) + (13.231 - 0.129) )/ 2 )
=-0.494/( (13.647+13.102)/ 2 )
=-0.494/13.3745
=-3.69 %

New Age Metals's ROCE % of for the quarter that ended in Jan. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=0.288/( ( (17.285 - 0.228) + (17.432 - 0.226) )/ 2 )
=0.288/( ( 17.057 + 17.206 )/ 2 )
=0.288/17.1315
=1.68 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 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 1.68% mean?
New Age Metals (TSXV:NAM) has a ROCE % of 1.68% as of Jan. 2026.
Is New Age Metals' ROCE % too high?
New Age Metals' current ROCE % is 1.68%. Overall, New Age Metals has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does New Age Metals' ROCE % compare to competitors?
New Age Metals' ROCE % of 1.68% 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. New Age Metals's current ROCE % is 1.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Age Metals stock overvalued right now?
New Age Metals (TSXV:NAM) has a current ROCE % of 1.68%. The current ROCE % is 1.68%. New Age Metals' overall GF Score™ is 36/100 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 New Age Metals (TSXV:NAM), the current ROCE % is 1.68% as of Jan. 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.

New Age Metals Business Description

Other Exchanges NMTLF:USAP7J:Germany
Address 2148 West 38th Avenue, Suite 101, Vancouver, BC, CAN, V6M 1R9
New Age Metals Inc is a mineral exploration company focused on the acquisition, exploration, and development of Platinum Group Metals (PGMs), precious metals, base metals, and strategic critical metals, including lithium, antimony, and high-purity iron ore. The company's project portfolio comprises the River Valley Palladium project, located in the Sudbury Region of Ontario; several lithium projects such as Lithium One, Lithium Two, Litham West, Cat Lake Lithium, Litham East, Litham East Extension, and Litham North, located northeast of Winnipeg, Manitoba; the Alaska Genesis project; and the Newfoundland portfolio, which includes eight wholly owned properties in Canada's mineral exploration belts. The company's operations are carried out in Canada and the United States.
36GF 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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