Nobel Resources (TSXV:NBLC) ROCE %: -787.45% (As of Mar. 2026)


What is Nobel Resources ROCE %?

Nobel Resources TSXV:NBLC ROCE % is -787.45% as of Mar. 2026. 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. Nobel Resources's annualized ROCE % for the quarter that ended in Mar. 2026 was -787.45%.

Nobel Resources  (TSXV:NBLC) 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.

Nobel Resources ROCE % Related Terms

Nobel Resources ROCE % Historical Data

* Premium members only.

The historical data trend for Nobel Resources'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.

Nobel Resources ROCE % Chart

Nobel Resources Annual Data
Trend Sep19 Sep20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial -818.70 -166.75 0.00 0.00 -357.25

Nobel Resources Quarterly Data
Mar21 Jun21 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 0.00 0.00 0.00 -546.50 -787.45

Nobel Resources ROCE % Calculation

Nobel Resources'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 )
=-2.131/( ( (0.573 - 0.625) + (1.823 - 0.578) )/ 2 )
=-2.131/( (-0.052+1.245)/ 2 )
=-2.131/0.5965
=-357.25 %

Nobel Resources'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 )
=-11.04/( ( (1.823 - 0.578) + (2.261 - 0.702) )/ 2 )
=-11.04/( ( 1.245 + 1.559 )/ 2 )
=-11.04/1.402
=-787.45 %

(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 -787.45% mean?
Nobel Resources (TSXV:NBLC) has a ROCE % of -787.45% as of Mar. 2026.
Is Nobel Resources' ROCE % too high?
Nobel Resources' current ROCE % is -787.45%.
How does Nobel Resources' ROCE % compare to competitors?
Nobel Resources' ROCE % of -787.45% 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. Nobel Resources's current ROCE % is -787.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nobel Resources stock overvalued right now?
Nobel Resources (TSXV:NBLC) has a current ROCE % of -787.45%. The current ROCE % is -787.45%. 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 Nobel Resources (TSXV:NBLC), the current ROCE % is -787.45% 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.

Nobel Resources Business Description

Other Exchanges NBTRF:USA7Z00:Germany
Address 36 Lombard Street, 4th Floor, Toronto, ON, CAN, M5C 2X3
Nobel Resources Corp is engaged in the acquisition, exploration, and development of mineral properties. It holds an option agreement to fully acquire four separate copper projects, namely Cuprita, Janett, Pampa Austral, and Anais, in the Antofagasta Region, Chile. The company conducts business as a single operating segment, being mineral exploration and evaluation in Chile.