Adnams (AQSE:ADB) ROCE %: 28.24% (As of Dec. 2025)

What is Adnams ROCE %?

Adnams AQSE:ADB 68 ROCE % is 28.24% as of Dec. 2025. GuruFocus rates AQSE:ADB with a GF Score™ of 68/100 and a GF Value™ of £20.14 (Modestly Undervalued). 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. Adnams's annualized ROCE % for the quarter that ended in Dec. 2025 was 28.24%.

Adnams (AQSE:ADB) 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.

Adnams ROCE % Related Terms

Adnams ROCE % Historical Data

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The historical data trend for Adnams'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.

Adnams ROCE % Chart

Adnams Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-2.56

-3.99

-6.98

1.61

9.92

Adnams Semi-Annual Data
	Dec15	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															-0.19	-12.68	20.78	-6.89	28.24

68GF Score

Adnams PLC AQSE:ADB

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

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Adnams ROCE % Calculation

Adnams'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 )
	=	1.98	/	( ( (46.624 - 26.365)	+	(41.661 - 22.007) )	/ 2 )
	=	1.98	/	( (20.259	+	19.654)	/ 2 )
	=	1.98	/	19.9565
	=	9.92 %

Adnams'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 )
	=	5.266	/	( ( (43.895 - 26.25)	+	(41.661 - 22.007) )	/ 2 )
	=	5.266	/	( ( 17.645	+	19.654 )	/ 2 )
	=	5.266	/	18.6495
	=	28.24 %

(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 28.24% mean?

Adnams (AQSE:ADB) has a ROCE % of 28.24% as of Dec. 2025.

Is Adnams' ROCE % too high?

Adnams' current ROCE % is 28.24%. The Beverages - Alcoholic industry median ROCE % is 7.59. Adnams' value of 28.24% is 272.3% above this industry median. Overall, Adnams has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Adnams' ROCE % compare to BUD and STZ?

Adnams' ROCE % of 28.24% can be compared against companies in the Beverages - Alcoholic industry. The industry median ROCE % is 7.59. Adnams' value of 28.24% is 272.3% 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 Beverages - Alcoholic company?

The median ROCE % among Beverages - Alcoholic companies is 7.59, based on 208 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. Adnams's current ROCE % of 28.24% is 272.3% 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 Beverages - Alcoholic industry, the median ROCE % is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adnams's current ROCE % is 28.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Adnams stock overvalued right now?

Based on GuruFocus' analysis, Adnams (AQSE:ADB) is currently considered Modestly Undervalued. The stock's GF Value™ is £20.14, compared to a current price of £16.00 — trading 20.6% below its estimated fair value. The current ROCE % is 28.24% and 272.3% above the Beverages - Alcoholic industry median of 7.59. Adnams' overall GF Score™ is 68/100 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 Adnams (AQSE:ADB), the current ROCE % is 28.24% 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 Adnams (AQSE:ADB) Overvalued in 2026?

Based on GuruFocus' analysis, Adnams stock appears to be undervalued. The current stock price of £16.00 is trading 20.6% below its estimated GF Value™ of £20.14. GuruFocus considers Adnams to be Modestly Undervalued.

Key valuation signals for AQSE:ADB:

ROCE %: 28.24%
GF Value™: £20.14 vs. price of £16.00 (20.6% below fair value)
GF Score™: 68/100 with 2 warning signs
Industry Position: 272.3% above the Beverages - Alcoholic median

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

Adnams Business Description

Industry Consumer Defensive Beverages - Alcoholic

Comparable Companies LSE:RHR LSE:VINO LSE:DIS LSE:ART BUD XZIM:DLTA.ZW BSP:ABEV3 XAMS:HEIA MEX:FEMSAUBD STZ XAMS:HEIO OCSE:CARL B TSE:2502 TSE:2503 HKSE:01876 SHSE:600600 HKSE:00291 TSX:TPX.B TAP TSE:2501

Address Sole Bay Brewery, Southwold, Suffolk, GBR, IP18 6JW

Website https://www.adnams.co.uk

Adnams PLC is engaged in brewers, distillers, wine merchants, retailers, publicans, and hoteliers. The company's business segments are Adnams Brewing & Brands (Drinks), which comprises brewing and distribution of beer, spirits, and other products, Adnams Pubs & Hotel Properties, which comprises tenanted pubs and managed inns, and Adnams Retail, which comprises shops together with the mail order and web businesses. The maximum of its revenue is derived from Brewing & Brands segment.

68GF Score

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

£16.00

Price

£20.14

GF Value

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