ASCOF (Ascopiave SpA) ROCE %: 3.88% (As of Mar. 2026)


ASCOF Ascopiave SpA ASCOF
84 GF Score
Price $3.33
GF Value $4.02
! 3 Warning Signs
View Full Analysis

What is Ascopiave SpA ROCE %?

Ascopiave SpA ASCOF 84 ROCE % is 3.88% as of Mar. 2026. GuruFocus rates ASCOF with a GF Score™ of 84/100 and a GF Value™ of $4.02. The stock has 3 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. Ascopiave SpA's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.88%.


Ascopiave SpA  (OTCPK:ASCOF) 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.


Ascopiave SpA ROCE % Related Terms


Ascopiave SpA ROCE % Historical Data

* Premium members only.

The historical data trend for Ascopiave 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.

Ascopiave SpA ROCE % Chart

Ascopiave 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 4.96 3.57 4.38 4.95 8.69

Ascopiave SpA 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 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 5.47 18.90 5.12 4.76 3.88
ASCOF
84GF Score
Ascopiave SpA ASCOF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ascopiave SpA ROCE % Calculation

Ascopiave 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 )
=135.214/( ( (1520.754 - 224.814) + (2145.548 - 329.782) )/ 2 )
=135.214/( (1295.94+1815.766)/ 2 )
=135.214/1555.853
=8.69 %

Ascopiave 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 )
=70.16/( ( (2145.548 - 329.782) + (2191.015 - 386.055) )/ 2 )
=70.16/( ( 1815.766 + 1804.96 )/ 2 )
=70.16/1810.363
=3.88 %

(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 3.88% mean?
Ascopiave SpA (ASCOF) has a ROCE % of 3.88% as of Mar. 2026.
Is Ascopiave SpA's ROCE % too high?
Ascopiave SpA's current ROCE % is 3.88%. The Utilities - Regulated industry median ROCE % is 6.95. Ascopiave SpA's value of 3.88% is 44.2% below this industry median. Overall, Ascopiave SpA has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Ascopiave SpA's ROCE % compare to ATO and NI?
Ascopiave SpA's ROCE % of 3.88% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.95. Ascopiave SpA's value of 3.88% is 44.2% 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 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. Ascopiave SpA's current ROCE % of 3.88% is 44.2% 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 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. Ascopiave SpA's current ROCE % is 3.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascopiave SpA stock overvalued right now?
Ascopiave SpA (ASCOF) has a current ROCE % of 3.88%. The stock's GF Value™ is $4.02, compared to a current price of $3.33 — trading 17.2% below its estimated fair value. The current ROCE % is 3.88% and 44.2% below the Utilities - Regulated industry median of 6.95. Ascopiave SpA's overall GF Score™ is 84/100 with 3 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 Ascopiave SpA (ASCOF), the current ROCE % is 3.88% 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 Ascopiave SpA (ASCOF) Overvalued in 2026?

Based on GuruFocus' analysis, Ascopiave SpA stock appears to be undervalued. The current stock price of $3.33 is trading 17.2% below its estimated GF Value™ of $4.02.

Key valuation signals for ASCOF:

  • ROCE %: 3.88%
  • GF Value™: $4.02 vs. price of $3.33 (17.2% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 44.2% below the Utilities - Regulated median

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


Ascopiave SpA Business Description

Other Exchanges ASC:Italy0DME:UKAVA:Germany
Address Via Verizzo, 1030, Pieve di Soligo, Treviso, ITA, 31053
Ascopiave SpA is an Italy-based company engaged in the utility sector. It operates mainly in the field of natural gas distribution through its natural gas and LPG distribution networks across several towns. The Group is also present in the renewable energy sector, owning hydroelectric and wind power plants. Additionally, it is present in the field of cogeneration and heat management, as well as in the water sector, through its strategic investments. Ascopiave's operating business segments are: Gas Distribution, Renewables energies, and Other. Maximum revenue is generated from its Gas Distribution business. Geographically, the Group operates only in Italy.
84GF Score

Get the complete analysis for ASCOF

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

$3.33
Price
$4.02
GF Value