AEVA (Aeva Technologies) ROCE %: -103.37% (As of Mar. 2026)

What is Aeva Technologies ROCE %?

Aeva Technologies AEVA +3.67% 69 ROCE % is -103.37% as of Mar. 2026. GuruFocus rates AEVA with a GF Score™ of 69/100 and a GF Value™ of $16.78 (Modestly Overvalued). 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. Aeva Technologies's annualized ROCE % for the quarter that ended in Mar. 2026 was -103.37%.

Aeva Technologies (NAS:AEVA) 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.

Aeva Technologies ROCE % Related Terms

Aeva Technologies ROCE % Historical Data

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The historical data trend for Aeva Technologies'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.

Aeva Technologies ROCE % Chart

Aeva Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-42.37

-38.00

-51.51

-84.58

-101.20

Aeva Technologies 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															-145.82	-410.41	-462.54	-107.88	-103.37

69GF Score

Aeva Technologies Inc AEVA

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Aeva Technologies ROCE % Calculation

Aeva Technologies'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 )
	=	-127.597	/	( ( (147.489 - 39.159)	+	(179.701 - 35.869) )	/ 2 )
	=	-127.597	/	( (108.33	+	143.832)	/ 2 )
	=	-127.597	/	126.081
	=	-101.20 %

Aeva Technologies'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 )
	=	-135.056	/	( ( (179.701 - 35.869)	+	(147.3 - 29.817) )	/ 2 )
	=	-135.056	/	( ( 143.832	+	117.483 )	/ 2 )
	=	-135.056	/	130.6575
	=	-103.37 %

(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 -103.37% mean?

Aeva Technologies (AEVA) has a ROCE % of -103.37% as of Mar. 2026.

Is Aeva Technologies' ROCE % too high?

Aeva Technologies' current ROCE % is -103.37%. Overall, Aeva Technologies has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Aeva Technologies' ROCE % compare to PAYO and MQ?

Aeva Technologies' ROCE % of -103.37% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. 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. 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. Aeva Technologies's current ROCE % is -103.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Aeva Technologies stock overvalued right now?

Based on GuruFocus' analysis, Aeva Technologies (AEVA) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.78, compared to a current price of $20.84 — trading 24.2% above its estimated fair value. The current ROCE % is -103.37%. Aeva Technologies' overall GF Score™ is 69/100 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 Aeva Technologies (AEVA), the current ROCE % is -103.37% 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 Aeva Technologies (AEVA) Overvalued in 2026?

Based on GuruFocus' analysis, Aeva Technologies stock appears to be overvalued. The current stock price of $20.84 is trading 24.2% above its estimated GF Value™ of $16.78. GuruFocus considers Aeva Technologies to be Modestly Overvalued.

Key valuation signals for AEVA:

ROCE %: -103.37%
GF Value™: $16.78 vs. price of $20.84 (24.2% above fair value)
GF Score™: 69/100 with 6 warning signs

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

Aeva Technologies Business Description

Industry Technology Software

Comparable Companies PAYO MQ APPN FIVN FLYW AI EVTC BAND ATEN PRGS MSFT ORCL PLTR PANW CRWD FTNT SNPS HKSE:02513 NET CRWV

Other Exchanges 4ZM:Germany

Address 555 Ellis Street, Mountain View, CA, USA, 94043

Website https://www.aeva.com

Aeva Technologies Inc through its Frequency Modulated Continuous Wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that, along with its proprietary software applications, has the potential to enable the adoption of LiDAR across broad applications from automated driving to consumer electronics, consumer health, industrial automation, and security application. The 4D LiDAR sensors are designed to detect both velocity and position, supporting perception and decision-making in automated systems. The company operates in North America, EMEA, and Asia. The company's revenue consists of sales of perception solutions or sensing systems and non-recurring engineering services. Geographically, it derives the majority of its revenue from North America.

69GF Score

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$20.84

Price

$16.78

GF Value

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