AGZNF (Aegean Airlines) ROCE %: 18.04% (As of Dec. 2025)

What is Aegean Airlines ROCE %?

Aegean Airlines AGZNF 73 ROCE % is 18.04% as of Dec. 2025. GuruFocus rates AGZNF with a GF Score™ of 73/100 and a GF Value™ of $17.05 (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. Aegean Airlines's annualized ROCE % for the quarter that ended in Dec. 2025 was 18.04%.

Aegean Airlines (OTCPK:AGZNF) 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.

Aegean Airlines ROCE % Related Terms

Aegean Airlines ROCE % Historical Data

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The historical data trend for Aegean Airlines'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.

Aegean Airlines ROCE % Chart

Aegean Airlines Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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2.27

15.57

19.89

13.35

14.36

Aegean Airlines Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
ROCE %	Get a 7-Day Free Trial															26.62	8.44	18.26	12.14	18.04

73GF Score

Aegean Airlines SA AGZNF

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Aegean Airlines ROCE % Calculation

Aegean Airlines'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 )
	=	323.684	/	( ( (3009.852 - 942.499)	+	(3762.827 - 1320.649) )	/ 2 )
	=	323.684	/	( (2067.353	+	2442.178)	/ 2 )
	=	323.684	/	2254.7655
	=	14.36 %

Aegean Airlines's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	398.264	/	( ( (3493.416 - 1519.641)	+	(3762.827 - 1320.649) )	/ 2 )
	=	398.264	/	( ( 1973.775	+	2442.178 )	/ 2 )
	=	398.264	/	2207.9765
	=	18.04 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 18.04% mean?

Aegean Airlines (AGZNF) has a ROCE % of 18.04% as of Dec. 2025.

Is Aegean Airlines' ROCE % too high?

Aegean Airlines' current ROCE % is 18.04%. The Transportation industry median ROCE % is 7.73. Aegean Airlines' value of 18.04% is 133.4% above this industry median. Overall, Aegean Airlines has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Aegean Airlines' ROCE % compare to DAL and UAL?

Aegean Airlines' ROCE % of 18.04% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. Aegean Airlines' value of 18.04% is 133.4% 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 Transportation company?

The median ROCE % among Transportation companies is 7.73, based on 997 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. Aegean Airlines's current ROCE % of 18.04% is 133.4% 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 Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aegean Airlines's current ROCE % is 18.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Aegean Airlines stock overvalued right now?

Based on GuruFocus' analysis, Aegean Airlines (AGZNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.05, compared to a current price of $14.20 — trading 16.7% below its estimated fair value. The current ROCE % is 18.04% and 133.4% above the Transportation industry median of 7.73. Aegean Airlines' overall GF Score™ is 73/100 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 Aegean Airlines (AGZNF), the current ROCE % is 18.04% as of Dec. 2025. 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 Aegean Airlines (AGZNF) Overvalued in 2026?

Based on GuruFocus' analysis, Aegean Airlines stock appears to be undervalued. The current stock price of $14.20 is trading 16.7% below its estimated GF Value™ of $17.05. GuruFocus considers Aegean Airlines to be Modestly Undervalued.

Key valuation signals for AGZNF:

ROCE %: 18.04%
GF Value™: $17.05 vs. price of $14.20 (16.7% below fair value)
GF Score™: 73/100 with 6 warning signs
Industry Position: 133.4% above the Transportation median

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

Aegean Airlines Business Description

Industry Industrials Transportation

Comparable Companies ATH:PPA ATH:ATTICA ATH:OLTH ATH:OLYMP ATH:AIA DAL UAL DUB:RYA LSE:IAG LUV NSE:INDIGO SGX:C6L SHSE:601111 XSGO:LTM SHSE:600115 SHSE:600029 XTER:LHA HKSE:00293 ASX:QAN AAL

Other Exchanges AEGN:Greece 0OHY:UK 32A:Germany

Address Athens International Airport, Building 57, Spata Attiki, Athens, GRC, 19019

Website https://www.aegeanair.com

Aegean Airlines SA is Greece's airline provider. The company generates revenue from Scheduled flights, Chartered flights, and others. The company generates maximum revenue from Scheduled flights. Additionally, it offers services related to air transportation, technical support, and ground-handling amenities. Approximately half of total passenger traffic derives from routes within Greece.

73GF Score

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

$14.20

Price

$17.05

GF Value

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