NVGS (Navigator Holdings) ROCE %: 9.33% (As of Mar. 2026)

What is Navigator Holdings ROCE %?

Navigator Holdings NVGS -1.47% 78 ROCE % is 9.33% as of Mar. 2026. GuruFocus rates NVGS with a GF Score™ of 78/100 and a GF Value™ of $17.75 (Modestly Overvalued). The stock has 7 warning signs 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. Navigator Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.33%.

Navigator Holdings (NYSE:NVGS) 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.

Navigator Holdings ROCE % Related Terms

Navigator Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Navigator Holdings'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.

Navigator Holdings ROCE % Chart

Navigator Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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0.02

4.27

6.85

7.10

8.54

Navigator Holdings 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															8.61	6.47	9.78	7.61	9.33

78GF Score

Navigator Holdings Ltd NVGS

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Navigator Holdings ROCE % Calculation

Navigator Holdings'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 )
	=	166.102	/	( ( (2180.629 - 318.773)	+	(2279.114 - 250.946) )	/ 2 )
	=	166.102	/	( (1861.856	+	2028.168)	/ 2 )
	=	166.102	/	1945.012
	=	8.54 %

Navigator Holdings'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 )
	=	187.76	/	( ( (2279.114 - 250.946)	+	(2260.043 - 264.274) )	/ 2 )
	=	187.76	/	( ( 2028.168	+	1995.769 )	/ 2 )
	=	187.76	/	2011.9685
	=	9.33 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 9.33% mean?

Navigator Holdings (NVGS) has a ROCE % of 9.33% as of Mar. 2026.

Is Navigator Holdings' ROCE % too high?

Navigator Holdings' current ROCE % is 9.33%. The Oil & Gas industry median ROCE % is 6.79. Navigator Holdings' value of 9.33% is 37.4% above this industry median. Overall, Navigator Holdings has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Navigator Holdings' ROCE % compare to PBT and TEN?

Navigator Holdings' ROCE % of 9.33% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Navigator Holdings' value of 9.33% is 37.4% above this benchmark. 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 6.79, based on 977 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. Navigator Holdings's current ROCE % of 9.33% is 37.4% above the industry median. 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 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navigator Holdings's current ROCE % is 9.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Navigator Holdings stock overvalued right now?

Based on GuruFocus' analysis, Navigator Holdings (NVGS) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.75, compared to a current price of $22.05 — trading 24.2% above its estimated fair value. The current ROCE % is 9.33% and 37.4% above the Oil & Gas industry median of 6.79. Navigator Holdings' overall GF Score™ is 78/100 with 7 warning signs 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 Navigator Holdings (NVGS), the current ROCE % is 9.33% 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.

Is Navigator Holdings (NVGS) Overvalued in 2026?

Based on GuruFocus' analysis, Navigator Holdings stock appears to be overvalued. The current stock price of $22.05 is trading 24.2% above its estimated GF Value™ of $17.75. GuruFocus considers Navigator Holdings to be Modestly Overvalued.

Key valuation signals for NVGS:

ROCE %: 9.33%
GF Value™: $17.75 vs. price of $22.05 (24.2% above fair value)
GF Score™: 78/100 with 7 warning signs
Industry Position: 37.4% above the Oil & Gas median

No single metric tells the full story. See the NVGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Navigator Holdings Business Description

Industry Energy Oil & Gas

Comparable Companies PBT TEN NAT SBR GLP FLNG EE TK LPG GEL TSX:ENB WMB EPD TSX:TRP KMI ET MPLX TRGP OKE LNG

Other Exchanges 1NV:Germany

Address c/o NGT Services (UK) Ltd, 10 Bressenden Place, London, GBR, SW1E 5DH

Website https://www.navigatorgas.com

Navigator Holdings Ltd owns and operates liquefied gas carriers, which include a fleet of handysize liquefied gas carriers. The company also owns a share in an ethylene export marine terminal at Morgan's Point, Texas on the Houston Ship Channel (the Ethylene Export Terminal) through a joint venture (the Export Terminal Joint Venture). The company plays a vital role in the globalised liquefied gas supply chain, providing gas transportation solutions for energy companies, industrial users, and commodity traders.

78GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.05

Price

$17.75

GF Value

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