AEMMF (A2A SpA) ROCE %: 10.81% (As of Mar. 2026)


AEMMF A2A SpA AEMMF
75 GF Score
Price $2.60
GF Value $2.75
! 2 Warning Signs
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What is A2A SpA ROCE %?

A2A SpA AEMMF 75 ROCE % is 10.81% as of Mar. 2026. GuruFocus rates AEMMF with a GF Score™ of 75/100 and a GF Value™ of $2.75. The stock has 2 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. A2A SpA's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.81%.

A2A SpA  (OTCPK:AEMMF) 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.

A2A SpA ROCE % Related Terms

A2A SpA ROCE % Historical Data

* Premium members only.

The historical data trend for A2A SpA'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.

A2A SpA ROCE % Chart

A2A SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.68 7.69 9.18 10.70 9.88

A2A SpA Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 12.57 9.19 8.71 8.20 10.81
AEMMF
75GF Score
A2A SpA AEMMF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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A2A SpA ROCE % Calculation

A2A SpA'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 )
=1514.052/( ( (20924.607 - 6507.853) + (25038.642 - 8798.595) )/ 2 )
=1514.052/( (14416.754+16240.047)/ 2 )
=1514.052/15328.4005
=9.88 %

A2A SpA'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 )
=1775.724/( ( (25038.642 - 8798.595) + (27026.59 - 10421.965) )/ 2 )
=1775.724/( ( 16240.047 + 16604.625 )/ 2 )
=1775.724/16422.336
=10.81 %

(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 10.81% mean?
A2A SpA (AEMMF) has a ROCE % of 10.81% as of Mar. 2026.
Is A2A SpA's ROCE % too high?
A2A SpA's current ROCE % is 10.81%. The Utilities - Regulated industry median ROCE % is 6.95. A2A SpA's value of 10.81% is 55.5% above this industry median. Overall, A2A SpA has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does A2A SpA's ROCE % compare to SRE?
A2A SpA's ROCE % of 10.81% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.95. A2A SpA's value of 10.81% is 55.5% 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 ROCE % for an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.95, based on 505 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. A2A SpA's current ROCE % of 10.81% is 55.5% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median ROCE % is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A2A SpA's current ROCE % is 10.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A2A SpA stock overvalued right now?
A2A SpA (AEMMF) has a current ROCE % of 10.81%. The stock's GF Value™ is $2.75, compared to a current price of $2.60 — trading 5.5% below its estimated fair value. The current ROCE % is 10.81% and 55.5% above the Utilities - Regulated industry median of 6.95. A2A SpA's overall GF Score™ is 75/100 with 2 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 A2A SpA (AEMMF), the current ROCE % is 10.81% 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 A2A SpA (AEMMF) Overvalued in 2026?

Based on GuruFocus' analysis, A2A SpA stock appears to be undervalued. The current stock price of $2.60 is trading 5.5% below its estimated GF Value™ of $2.75.

Key valuation signals for AEMMF:

  • ROCE %: 10.81%
  • GF Value™: $2.75 vs. price of $2.60 (5.5% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 55.5% above the Utilities - Regulated median

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

A2A SpA Business Description

Address Via Lamarmora 230, Brescia, ITA, 25124
A2A SpA together with its subsidiaries is engaged in the production, sale, and distribution of electricity; sale and distribution of gas; production, distribution, and sale of heat through district heating networks, technical consultancy relating to energy efficiency certificates, waste management (from collection and sweeping to disposal) and the construction and management of integrated waste disposal plants and systems, also making these available for other operators, and integrated water cycle management.
75GF Score

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

$2.60
Price
$2.75
GF Value