WGELF (Western Gold Exploration) ROCE %: -39.41% (As of Mar. 2026)


WGELF Western Gold Exploration Ltd WGELF
38 GF Score
Price $0.10
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What is Western Gold Exploration ROCE %?

Western Gold Exploration WGELF 38 ROCE % is -39.41% as of Mar. 2026. GuruFocus rates WGELF with a GF Score™ of 38/100. 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. Western Gold Exploration's annualized ROCE % for the quarter that ended in Mar. 2026 was -39.41%.

Western Gold Exploration  (OTCPK:WGELF) 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.

Western Gold Exploration ROCE % Related Terms

Western Gold Exploration ROCE % Historical Data

* Premium members only.

The historical data trend for Western Gold Exploration'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.

Western Gold Exploration ROCE % Chart

Western Gold Exploration Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial -31.28 -92.19 -124.98 -146.32 -81.97

Western Gold Exploration 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 -121.76 -252.95 -148.53 -86.95 -39.41
WGELF
38GF Score
Western Gold Exploration Ltd WGELF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Gold Exploration ROCE % Calculation

Western Gold Exploration'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 )
=-1.164/( ( (0.625 - 0.029) + (2.301 - 0.057) )/ 2 )
=-1.164/( (0.596+2.244)/ 2 )
=-1.164/1.42
=-81.97 %

Western Gold Exploration'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 )
=-0.844/( ( (2.301 - 0.057) + (2.062 - 0.023) )/ 2 )
=-0.844/( ( 2.244 + 2.039 )/ 2 )
=-0.844/2.1415
=-39.41 %

(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 -39.41% mean?
Western Gold Exploration (WGELF) has a ROCE % of -39.41% as of Mar. 2026.
Is Western Gold Exploration's ROCE % too high?
Western Gold Exploration's current ROCE % is -39.41%. Overall, Western Gold Exploration has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Western Gold Exploration's ROCE % compare to NEM and AU?
Western Gold Exploration's ROCE % of -39.41% 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. Western Gold Exploration's current ROCE % is -39.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Gold Exploration stock overvalued right now?
Western Gold Exploration (WGELF) has a current ROCE % of -39.41%. The current ROCE % is -39.41%. Western Gold Exploration's overall GF Score™ is 38/100 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 Western Gold Exploration (WGELF), the current ROCE % is -39.41% 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.

Western Gold Exploration Business Description

Other Exchanges WGLD:Canada
Address 421 - 7th Avenue SW, Suite 1600, Calgary, AB, CAN, T2P 4K9
Western Gold Exploration Ltd is a mineral exploration company. The company is engaged in the exploration and development of its prospective mineral properties located in Argyll County in western Scotland. The company focuses on Gold and copper exploration and development. The properties include the Caledonian Gold Project and Lorne Porphyry Project.
38GF 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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