FSROF (F-Secure) ROC %: 6.63% (As of Mar. 2026)


FSROF F-Secure Corp FSROF
62 GF Score
Price $2.62
GF Value $2.66
Valuation Fairly Valued
! 10 Warning Signs
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What is F-Secure ROC %?

F-Secure FSROF +29.06% 62 ROC % is 6.63% as of Mar. 2026. GuruFocus rates FSROF with a GF Score™ of 62/100 and a GF Value™ of $2.66 (Fairly Valued). The stock has 10 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. F-Secure's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 6.63%.

As of today (2026-06-25), F-Secure's WACC % is 7.49%. F-Secure's ROC % is 9.66% (calculated using TTM income statement data). F-Secure generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


F-Secure  (OTCPK:FSROF) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, F-Secure's WACC % is 7.49%. F-Secure's ROC % is 9.66% (calculated using TTM income statement data). F-Secure generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


F-Secure ROC % Related Terms


F-Secure ROC % Historical Data

* Premium members only.

The historical data trend for F-Secure's ROC % 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.

F-Secure ROC % Chart

F-Secure Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial 90.53 75.86 14.85 10.13 10.60

F-Secure Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % 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 10.74 10.73 11.82 10.07 6.63
FSROF
62GF Score
F-Secure Corp FSROF
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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F-Secure ROC % Calculation

F-Secure's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=41.614 * ( 1 - 18.8% )/( (311.494 + 326.284)/ 2 )
=33.790568/318.889
=10.60 %

where

F-Secure's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=26.672 * ( 1 - 20.92% )/( (326.284 + 310.162)/ 2 )
=21.0922176/318.223
=6.63 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROC % →
What does a ROC % of 6.63% mean?
F-Secure (FSROF) has a ROC % of 6.63% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on F-Secure and its competitors.
Is F-Secure's ROC % too high?
F-Secure's current ROC % is 6.63%. The Software industry median ROC % is 3.12. F-Secure's value of 6.63% is 112.5% above this industry median. Overall, F-Secure has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does F-Secure's ROC % compare to MSFT and ORCL?
F-Secure's ROC % of 6.63% can be compared against companies in the Software industry. The industry median ROC % is 3.12. F-Secure's value of 6.63% is 112.5% 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 ROC % for a Software company?
The median ROC % among Software companies is 3.12, based on 2,828 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. F-Secure's current ROC % of 6.63% is 112.5% 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on F-Secure and its competitors. For the Software industry, the median ROC % is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. F-Secure's current ROC % is 6.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is F-Secure stock overvalued right now?
Based on GuruFocus' analysis, F-Secure (FSROF) is currently considered Fairly Valued. The stock's GF Value™ is $2.66, compared to a current price of $2.62 — trading 1.5% below its estimated fair value. The current ROC % is 6.63% and 112.5% above the Software industry median of 3.12. F-Secure's overall GF Score™ is 62/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For F-Secure (FSROF), the current ROC % is 6.63% 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 F-Secure (FSROF) Overvalued in 2026?

Based on GuruFocus' analysis, F-Secure stock appears to be undervalued. The current stock price of $2.62 is trading 1.5% below its estimated GF Value™ of $2.66. GuruFocus considers F-Secure to be Fairly Valued.

Key valuation signals for FSROF:

  • ROC %: 6.63%
  • GF Value™: $2.66 vs. price of $2.62 (1.5% below fair value)
  • GF Score™: 62/100 with 10 warning signs
  • Industry Position: 112.5% above the Software median

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


F-Secure Business Description

Other Exchanges FSECURE:Finland3I6:Germany
Address Tammasaarenkatu 7, Helsinki, FIN, 00180
F-Secure Corp is engaged in designing and providing a comprehensive range of Cyber-security products and services related to data security, privacy protection as well as privacy protection and digital identity protection of consumer terminal devices, networks, and devices connected to a network, sold in each case either directly or indirectly to consumers. Geographically, the company earns a majority of its revenue from Europe, followed by the Nordic Countries. Its products are F-Secure Total, F-Secure Internet Security, F-Secure VPN, F-Secure ID Protection, and F-Secure Scam Protection.
62GF Score

Get the complete analysis for FSROF

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

$2.62
Price
$2.66
GF Value