NVDA (NVIDIA) ROCE %: 143.52% (As of Apr. 2026)

What is NVIDIA ROCE %?

NVIDIA NVDA -1.26% 95 ROCE % is 143.52% as of Apr. 2026. GuruFocus rates NVDA with a GF Score™ of 95/100 and a GF Value™ of $349.20 (Possible Value Trap). The stock has 3 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. NVIDIA's annualized ROCE % for the quarter that ended in Apr. 2026 was 143.52%.

NVIDIA (NAS:NVDA) 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.

NVIDIA ROCE % Related Terms

NVIDIA ROCE % Historical Data

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The historical data trend for NVIDIA'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.

NVIDIA ROCE % Chart

NVIDIA Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Jan26

ROCE %

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31.45

11.93

75.96

113.38

105.68

NVIDIA Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
ROCE %	Get a 7-Day Free Trial															91.43	116.24	120.84	130.37	143.52

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NVIDIA ROCE % Calculation

NVIDIA's annualized ROCE % for the fiscal year that ended in Jan. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2026 )		(A: Jan. 2025 )		(A: Jan. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2026 )		(A: Jan. 2025 )		(A: Jan. 2026 )
	=	141709	/	( ( (111601 - 18047)	+	(206803 - 32163) )	/ 2 )
	=	141709	/	( (93554	+	174640)	/ 2 )
	=	141709	/	134097
	=	105.68 %

NVIDIA's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2026 )		(Q: Jan. 2026 )		(Q: Apr. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2026 )		(Q: Jan. 2026 )		(Q: Apr. 2026 )
	=	280020	/	( ( (206803 - 32163)	+	(259474 - 43884) )	/ 2 )
	=	280020	/	( ( 174640	+	215590 )	/ 2 )
	=	280020	/	195115
	=	143.52 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 143.52% mean?

NVIDIA (NVDA) has a ROCE % of 143.52% as of Apr. 2026.

Is NVIDIA's ROCE % too high?

NVIDIA's current ROCE % is 143.52%. The Semiconductors industry median ROCE % is 4.81. NVIDIA's value of 143.52% is 2886.9% above this industry median. Overall, NVIDIA has a GF Score™ of 95/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does NVIDIA's ROCE % compare to AVGO and MU?

NVIDIA's ROCE % of 143.52% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. NVIDIA's value of 143.52% is 2886.9% 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 a Semiconductors company?

The median ROCE % among Semiconductors companies is 4.81, based on 1,018 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. NVIDIA's current ROCE % of 143.52% is 2886.9% 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 Semiconductors industry, the median ROCE % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NVIDIA's current ROCE % is 143.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NVIDIA stock overvalued right now?

Based on GuruFocus' analysis, NVIDIA (NVDA) is currently considered Possible Value Trap. The stock's GF Value™ is $349.20, compared to a current price of $193.28 — trading 44.7% below its estimated fair value. The current ROCE % is 143.52% and 2886.9% above the Semiconductors industry median of 4.81. NVIDIA's overall GF Score™ is 95/100 with 3 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 NVIDIA (NVDA), the current ROCE % is 143.52% as of Apr. 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 NVIDIA (NVDA) Overvalued in 2026?

Based on GuruFocus' analysis, NVIDIA stock appears to be undervalued. The current stock price of $193.28 is trading 44.7% below its estimated GF Value™ of $349.20. GuruFocus considers NVIDIA to be Possible Value Trap.

Key valuation signals for NVDA:

ROCE %: 143.52%
GF Value™: $349.20 vs. price of $193.28 (44.7% below fair value)
GF Score™: 95/100 with 3 warning signs
Industry Position: 2886.9% above the Semiconductors median

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

NVIDIA Business Description

Industry Technology Semiconductors

Comparable Companies AVGO MU AMD INTC TXN QCOM ADI MRVL NXPI MPWR TPE:2330 XKRX:000660 TSE:285A TPE:2454 XTER:IFX SHSE:688256 XKRX:402340 HKSE:00981 TPE:3711 XPAR:STMPA

Other Exchanges NVDA01:Thailand NVDA80:Thailand NVDA:Poland NVDA:Peru NVDA:Mexico NVDA_KZ:Kazakhstan 1NVDA:Italy NVDd:UK 0R1I:UK NVD:Germany NVDACL:Chile NVDA:Switzerland ZNVD:Canada NVDA:Canada NVDC34:Brazil NVD:Bulgaria NVDA:Austria NVDA:Argentina

Address 2788 San Tomas Expressway, Santa Clara, CA, USA, 95051

Website https://www.nvidia.com

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence to run large language models. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.

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

$193.28

Price

$349.20

GF Value

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