Space42 (ADX:SPACE42) ROCE %: 1.40% (As of Mar. 2026)


ADX:SPACE42 Space42 PLC ADX:SPACE42
88 GF Score
Price د.إ1.75
GF Value د.إ2.17
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Space42 ROCE %?

Space42 ADX:SPACE42 -0.57% 88 ROCE % is 1.40% as of Mar. 2026. GuruFocus rates ADX:SPACE42 with a GF Score™ of 88/100 and a GF Value™ of د.إ2.17 (Modestly Undervalued). The stock has 6 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. Space42's annualized ROCE % for the quarter that ended in Mar. 2026 was 1.40%.

Space42  (ADX:SPACE42) 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.

Space42 ROCE % Related Terms

Space42 ROCE % Historical Data

* Premium members only.

The historical data trend for Space42'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.

Space42 ROCE % Chart

Space42 Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 54.47 30.46 19.29 4.51 -1.84

Space42 Quarterly Data
Dec20 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 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 3.52 2.37 0.65 -13.93 1.40
ADX:SPACE42
88GF Score
Space42 PLC ADX:SPACE42
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Space42 ROCE % Calculation

Space42'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 )
=-210.284/( ( (14243.275 - 2980.956) + (13430.572 - 1882.368) )/ 2 )
=-210.284/( (11262.319+11548.204)/ 2 )
=-210.284/11405.2615
=-1.84 %

Space42'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 )
=160.972/( ( (13430.572 - 1882.368) + (13297.508 - 1862.967) )/ 2 )
=160.972/( ( 11548.204 + 11434.541 )/ 2 )
=160.972/11491.3725
=1.40 %

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

* 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 ROCE % →
What does a ROCE % of 1.40% mean?
Space42 (ADX:SPACE42) has a ROCE % of 1.40% as of Mar. 2026.
Is Space42's ROCE % too high?
Space42's current ROCE % is 1.40%. The Software industry median ROCE % is 5.27. Space42's value of 1.40% is 73.4% below this industry median. Overall, Space42 has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Space42's ROCE % compare to IBM and ACN?
Space42's ROCE % of 1.40% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. Space42's value of 1.40% is 73.4% below 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 Software company?
The median ROCE % among Software companies is 5.27, based on 2,713 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. Space42's current ROCE % of 1.40% is 73.4% below 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 Software industry, the median ROCE % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space42's current ROCE % is 1.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space42 stock overvalued right now?
Based on GuruFocus' analysis, Space42 (ADX:SPACE42) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ2.17, compared to a current price of د.إ1.75 — trading 19.4% below its estimated fair value. The current ROCE % is 1.40% and 73.4% below the Software industry median of 5.27. Space42's overall GF Score™ is 88/100 with 6 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 Space42 (ADX:SPACE42), the current ROCE % is 1.40% 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 Space42 (ADX:SPACE42) Overvalued in 2026?

Based on GuruFocus' analysis, Space42 stock appears to be undervalued. The current stock price of د.إ1.75 is trading 19.4% below its estimated GF Value™ of د.إ2.17. GuruFocus considers Space42 to be Modestly Undervalued.

Key valuation signals for ADX:SPACE42:

  • ROCE %: 1.40%
  • GF Value™: د.إ2.17 vs. price of د.إ1.75 (19.4% below fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 73.4% below the Software median

No single metric tells the full story. See the ADX:SPACE42 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Space42 Business Description

Address Sweihan Road, Zayed Military City, Abu Dhabi, ARE
Space42 PLC is a UAE-based AI-powered space tech group that integrates satellite communications, geospatial insights, and artificial intelligence capabilities for customers globally. Its operating segments are: Space Services and Smart Solutions. The majority of the group's revenue is generated by the Space Services segment, which provides secure satellite communication solutions for government and mission-critical applications, reliable mobility and communication solutions, and high-speed data connectivity. The Smart Solutions business provides earth observation, geospatial, and industry-specific solutions using an AI-driven multi-intelligence platform, GIQ. Geographically, the group derives maximum revenue from the UAE, followed by Asia, Africa, Europe, North America, and other regions.
88GF Score

Get the complete analysis for ADX:SPACE42

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

د.إ1.75
Price
د.إ2.17
GF Value