Black Pearl Group (ASX:BPG) ROCE %: -86.06% (As of Mar. 2026)


ASX:BPG Black Pearl Group Ltd ASX:BPG
22 GF Score
Price A$0.41
GF Value A$1.56
Valuation Possible Value Trap
! 4 Warning Signs
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What is Black Pearl Group ROCE %?

Black Pearl Group ASX:BPG +2.53% 22 ROCE % is -86.06% as of Mar. 2026. GuruFocus rates ASX:BPG with a GF Score™ of 22/100 and a GF Value™ of A$1.56 (Possible Value Trap). The stock has 4 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. Black Pearl Group's annualized ROCE % for the quarter that ended in Mar. 2026 was -86.06%.

Black Pearl Group  (ASX:BPG) 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.

Black Pearl Group ROCE % Related Terms

Black Pearl Group ROCE % Historical Data

* Premium members only.

The historical data trend for Black Pearl Group'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.

Black Pearl Group ROCE % Chart

Black Pearl Group Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
-209.34 -122.44 -116.62 -99.82

Black Pearl Group Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial -137.81 -194.52 -143.10 -89.40 -86.06
ASX:BPG
22GF Score
Black Pearl Group Ltd ASX:BPG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Pearl Group ROCE % Calculation

Black Pearl Group's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-14.558/( ( (12.012 - 2.733) + (29.593 - 9.704) )/ 2 )
=-14.558/( (9.279+19.889)/ 2 )
=-14.558/14.584
=-99.82 %

Black Pearl Group'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: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-17.024/( ( (29.655 - 9.982) + (29.593 - 9.704) )/ 2 )
=-17.024/( ( 19.673 + 19.889 )/ 2 )
=-17.024/19.781
=-86.06 %

(1) Note: The EBIT data used here is two times the semi-annual (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 -86.06% mean?
Black Pearl Group (ASX:BPG) has a ROCE % of -86.06% as of Mar. 2026.
Is Black Pearl Group's ROCE % too high?
Black Pearl Group's current ROCE % is -86.06%. Overall, Black Pearl Group has a GF Score™ of 22/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Black Pearl Group's ROCE % compare to CRM and SHOP?
Black Pearl Group's ROCE % of -86.06% 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. Black Pearl Group's current ROCE % is -86.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Pearl Group stock overvalued right now?
Based on GuruFocus' analysis, Black Pearl Group (ASX:BPG) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.56, compared to a current price of A$0.41 — trading 74% below its estimated fair value. The current ROCE % is -86.06%. Black Pearl Group's overall GF Score™ is 22/100 with 4 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 Black Pearl Group (ASX:BPG), the current ROCE % is -86.06% 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 Black Pearl Group (ASX:BPG) Overvalued in 2026?

Based on GuruFocus' analysis, Black Pearl Group stock appears to be undervalued. The current stock price of A$0.41 is trading 74% below its estimated GF Value™ of A$1.56. GuruFocus considers Black Pearl Group to be Possible Value Trap.

Key valuation signals for ASX:BPG:

  • ROCE %: -86.06%
  • GF Value™: A$1.56 vs. price of A$0.41 (74% below fair value)
  • GF Score™: 22/100 with 4 warning signs

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

Black Pearl Group Business Description

Other Exchanges BPG:New Zealand
Address 40 Johnston Street, Level 3, Wellington, NZL, 6011
Black Pearl Group Ltd is a data technology company that builds, acquires, and markets data-driven cloud services, consisting of a suite of productivity and demand generation applications for small and medium-sized businesses. The company had two reportable segments based on the company's product subscriptions available during the year: Pearl Diver and Newoldstamp. The company makes the majority of its revenue from subscriptions to Pearl Diver.
22GF Score

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

A$0.41
Price
A$1.56
GF Value