PureWave Hydrogen (TSXV:PWH) ROCE %: -1.57% (As of May. 2025)


What is PureWave Hydrogen ROCE %?

PureWave Hydrogen TSXV:PWH ROCE % is -1.57% as of May. 2025.

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. PureWave Hydrogen's annualized ROCE % for the quarter that ended in May. 2025 was -1.57%.

PureWave Hydrogen  (TSXV:PWH) 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.

PureWave Hydrogen ROCE % Related Terms

PureWave Hydrogen ROCE % Historical Data

* Premium members only.

The historical data trend for PureWave Hydrogen'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.

PureWave Hydrogen ROCE % Chart

PureWave Hydrogen Annual Data
Trend Aug21 Aug22 Aug23 Aug24
ROCE %
0.00 -21.75 -29.59 -18.20

PureWave Hydrogen Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
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 -9.92 -48.15 -26.53 -18.88 -1.57

PureWave Hydrogen ROCE % Calculation

PureWave Hydrogen's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2024 )  (A: Aug. 2023 )(A: Aug. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2024 )  (A: Aug. 2023 )(A: Aug. 2024 )
=-0.207/( ( (0.613 - 0.028) + (1.733 - 0.043) )/ 2 )
=-0.207/( (0.585+1.69)/ 2 )
=-0.207/1.1375
=-18.20 %

PureWave Hydrogen's ROCE % of for the quarter that ended in May. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: May. 2025 )  (Q: Feb. 2025 )(Q: May. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: May. 2025 )  (Q: Feb. 2025 )(Q: May. 2025 )
=-0.048/( ( (3.274 - 0.223) + (3.237 - 0.182) )/ 2 )
=-0.048/( ( 3.051 + 3.055 )/ 2 )
=-0.048/3.053
=-1.57 %

(1) Note: The EBIT data used here is four times the quarterly (May. 2025) 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 -1.57% mean?
PureWave Hydrogen (TSXV:PWH) has a ROCE % of -1.57% as of May. 2025.
Is PureWave Hydrogen's ROCE % too high?
PureWave Hydrogen's current ROCE % is -1.57%.
How does PureWave Hydrogen's ROCE % compare to COP and EOG?
PureWave Hydrogen's ROCE % of -1.57% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.86, based on 978 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. 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. For the Oil & Gas industry, the median ROCE % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PureWave Hydrogen's current ROCE % is -1.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PureWave Hydrogen stock overvalued right now?
PureWave Hydrogen (TSXV:PWH) has a current ROCE % of -1.57%. The current ROCE % is -1.57%. 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 PureWave Hydrogen (TSXV:PWH), the current ROCE % is -1.57% as of May. 2025. 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.

PureWave Hydrogen Business Description

Industry EnergyOil & Gas
Address 1122 Mainland Street, No. 228, Vancouver, BC, CAN, V6B 5L1
PureWave Hydrogen Corp is a Colorado-based company that discovered and developed white (natural) hydrogen resources across North America. White hydrogen is a clean form that does not require energy-intensive processes. It is a clean and renewable energy source produced from geologic processes, offering a sustainable alternative without emitting greenhouse gases or pollutants. It holds immense potential for powering vehicles, generating electricity, and producing chemicals.