ASPN (Aspen Aerogels) ROCE %: -24.93% (As of Mar. 2026)

What is Aspen Aerogels ROCE %?

Aspen Aerogels ASPN -2.88% 66 ROCE % is -24.93% as of Mar. 2026. GuruFocus rates ASPN with a GF Score™ of 66/100 and a GF Value™ of $5.13 (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. Aspen Aerogels's annualized ROCE % for the quarter that ended in Mar. 2026 was -24.93%.

Aspen Aerogels (NYSE:ASPN) 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.

Aspen Aerogels ROCE % Related Terms

Aspen Aerogels ROCE % Historical Data

* Premium members only.

The historical data trend for Aspen Aerogels'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.

Aspen Aerogels ROCE % Chart

Aspen Aerogels Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

-32.07

-21.84

-6.81

3.84

-66.65

Aspen Aerogels 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															-189.55	-4.48	-2.55	-73.50	-24.93

66GF Score

Aspen Aerogels Inc ASPN

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

View Full Analysis

Aspen Aerogels ROCE % Calculation

Aspen Aerogels'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 )
	=	-376.442	/	( ( (895.144 - 110.112)	+	(406.679 - 62.025) )	/ 2 )
	=	-376.442	/	( (785.032	+	344.654)	/ 2 )
	=	-376.442	/	564.843
	=	-66.65 %

Aspen Aerogels'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 )
	=	-83.172	/	( ( (406.679 - 62.025)	+	(410.476 - 87.803) )	/ 2 )
	=	-83.172	/	( ( 344.654	+	322.673 )	/ 2 )
	=	-83.172	/	333.6635
	=	-24.93 %

(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 -24.93% mean?

Aspen Aerogels (ASPN) has a ROCE % of -24.93% as of Mar. 2026.

Is Aspen Aerogels' ROCE % too high?

Aspen Aerogels' current ROCE % is -24.93%. Overall, Aspen Aerogels has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Aspen Aerogels' ROCE % compare to SWIM and JLHL?

Aspen Aerogels' ROCE % of -24.93% can be compared against companies in the Construction industry. The industry median ROCE % is 8.25. 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 Construction company?

The median ROCE % among Construction companies is 8.25, based on 1,754 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 Construction industry, the median ROCE % is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Aerogels's current ROCE % is -24.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Aspen Aerogels stock overvalued right now?

Based on GuruFocus' analysis, Aspen Aerogels (ASPN) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.13, compared to a current price of $5.73 — trading 11.7% above its estimated fair value. The current ROCE % is -24.93%. Aspen Aerogels' overall GF Score™ is 66/100 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 Aspen Aerogels (ASPN), the current ROCE % is -24.93% 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 Aspen Aerogels (ASPN) Overvalued in 2026?

Based on GuruFocus' analysis, Aspen Aerogels stock appears to be overvalued. The current stock price of $5.73 is trading 11.7% above its estimated GF Value™ of $5.13. GuruFocus considers Aspen Aerogels to be Modestly Overvalued.

Key valuation signals for ASPN:

ROCE %: -24.93%
GF Value™: $5.13 vs. price of $5.73 (11.7% above fair value)
GF Score™: 66/100 with 6 warning signs

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

Aspen Aerogels Business Description

Industry Industrials Construction

Comparable Companies SWIM JLHL JBI AIRJ PPIH APOG NX JELD LMB BURCA TT JCI CARR XPAR:SGO TSE:6367 MAIR XSWX:GEBN LII DUB:KRX MAS

Address 30 Forbes Road, Building B, Northborough, MA, USA, 01532

Website https://www.aerogel.com

Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology, supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Thermal Barrier segment and the United States market. Some of its products include Pyrogel XTE, Cryogel Z, Spaceloft Subsea, and others.

66GF Score

Get the complete analysis for ASPN

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

$5.73

Price

$5.13

GF Value

View ASPN Analysis

See ROCE % data for all stocks →