29Metals

29Metals ROCE

The Return on Capital Employed (ROCE) of 29Metals (29M.AX) as of Nov 5, 2026 is 11.06 %. In the previous year, Return on Capital Employed (ROCE) was -35.01 % — a change of -131.59% (higher).

ROCE

11.06 %

YoY

-131.59%

Last updated:

In 2025, 29Metals's return on capital employed (ROCE) was 11.06 %, a -131.59% increase from the -35.01 % ROCE in the previous year.

The 29Metals ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2020
13.75 AUD
Jan 1, 2021
5.79 AUD
Jan 1, 2022
-6.52 AUD
Jan 1, 2023
-84.15 AUD
Jan 1, 2024
-35.01 AUD
Jan 1, 2025
11.06 AUD
The 29Metals ROCE history
YEARROCEYoY
11.06 %-131.59%
-35.01 %-58.39%
-84.15 %+1,191.11%
-6.52 %-212.66%
5.79 %-57.92%
13.75 %—

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29Metals Stock analysis

What does 29Metals do? 29Metals Ltd. generates revenue through the mining and mineral production of copper, zinc, gold, and silver at its Golden Grove and Capricorn Copper mines. The company sells mineral concentrates from these operations, with Golden Grove located in Western Australia covering over 129 km2 and Capricorn Copper in Queensland spanning approximately 1,858 km2. Exploration activities focus on the Redhill project in southern Chile, specifically the Cutters Cove area near the historical Cutters Cove copper mine. The company retains full ownership of the Redhill exploration project. Golden Grove, a long-life producing asset, benefits from its extensive mining leases of over 129 km2, while Capricorn Copper operates within the Western Fold Belt of the Mount Isa Inlier, a highly prospective region for mineral development. Mineral concentrate sales form a key revenue stream, with the company leveraging its two producing mines to supply base and precious metals to global markets. The Redhill exploration project aims to expand the company's resource base through near-mine exploration near existing operations. 29Metals Ltd. targets markets seeking copper, zinc, gold, and silver concentrates, primarily serving industrial and mining sectors. The company's focus on long-life assets ensures sustained production, with Golden Grove and Capricorn Copper providing consistent output. Exploration efforts at Redhill, particularly around Cutters Cove, support future growth by identifying new mineral deposits near established mining areas. 29Metals is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling 29Metals's Return on Capital Employed (ROCE)

29Metals's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing 29Metals's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

29Metals's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in 29Metals’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about 29Metals stock

Return on Capital Employed (ROCE) of 29Metals is 11.06 % in 2025.

Return on Capital Employed (ROCE) of 29Metals changed from -35.01 % to 11.06 %, representing a -131.59% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) 29Metals since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s 29Metals with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — 29Metals

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — 29Metals