Andromeda Metals

Andromeda Metals ROCE

The Return on Capital Employed (ROCE) of Andromeda Metals (ADN.AX) as of Oct 9, 2026 is -10.09 %. In the previous year, Return on Capital Employed (ROCE) was -4.21 % — a change of 139.89% (lower).

ROCE

-10.09 %

YoY

139.89%

Last updated:

In 2026, Andromeda Metals's return on capital employed (ROCE) was -10.09 %, a 139.89% increase from the -4.21 % ROCE in the previous year.

The Andromeda Metals ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2019
-13,372.66 AUD
Jan 1, 2020
-31.35 AUD
Jan 1, 2021
-37.58 AUD
Jan 1, 2022
-4.98 AUD
Jan 1, 2023
-6.61 AUD
Jan 1, 2024
-4.80 AUD
Jan 1, 2025
-4.21 AUD
Jan 1, 2026
-10.09 AUD
The Andromeda Metals ROCE history
YEARROCEYoY
-10.09 %+139.89%
-4.21 %-12.36%
-4.80 %-27.38%
-6.61 %+32.76%
-4.98 %-86.75%
-37.58 %+19.87%
-31.35 %-99.77%
-13,372.66 %-14.62%
-15,662.60 %-15.35%
-18,502.71 %-55.88%
-41,941.31 %+515.64%
-6,812.63 %-88.11%
-57,307.77 %—
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Andromeda Metals Stock analysis

What does Andromeda Metals do? Andromeda Metals Ltd is an Australian mining company that focuses on the exploration, development, and production of precious metals, particularly rare earths. The company was founded in 1993 and is headquartered in Adelaide, South Australia. Andromeda Metals' business model is specialized in identifying mineralized areas with high potential. State-of-the-art technologies, such as geophysical survey methods, are used to locate deposits of precious metals and rare earths in the ground. The identified deposits are then exploited for economic use. Andromeda Metals operates in four different business areas: - Development of precious metal deposits, especially rare earths, - Development of copper-gold projects, - Exploration of minerals in South Australian areas, - Licensing and joint ventures with other companies. Andromeda Metals has several projects in different countries, including Australia, North America, Europe, and Africa. The company's flagship project is the Great White project located on the Eyre Peninsula in South Australia. The Great White project is a significant deposit of rare earths, especially dysprosium, yttrium, and neodymium, which are used in various applications such as electric vehicles and wind turbines. In addition to rare earths, Andromeda Metals also focuses on developing copper-gold projects, such as the Moonta project on the Yorke Peninsula in South Australia. The company has also partnered with Australian mining company Evolution Mining Limited to develop the Drummond Gold project in Western Australia. Andromeda Metals has an experienced management team with extensive knowledge in the mining sector. The company is committed to applying sustainable and socially responsible practices in its operations and works closely with local communities and landowners. Overall, Andromeda Metals is a leading company in the exploration and development of precious metal deposits and rare earths. With its advanced technologies and dedicated management team, the company is well-positioned to continue capitalizing on strong growth opportunities in the mining sector. Andromeda Metals is one of the most popular companies on Eulerpool.

ROCE Details

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

Andromeda Metals'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 Andromeda Metals'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

Andromeda Metals'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 Andromeda Metals’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 Andromeda Metals stock

Return on Capital Employed (ROCE) of Andromeda Metals is -10.09 % in 2026.

Return on Capital Employed (ROCE) of Andromeda Metals changed from -4.21 % to -10.09 %, representing a 139.89% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Andromeda Metals 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 Andromeda Metals 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 — Andromeda Metals

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