Transurban Group (ASX:TCL) ROCE %: 5.30% (As of Dec. 2025)

What is Transurban Group ROCE %?

Transurban Group ASX:TCL +0.07% 75 ROCE % is 5.30% as of Dec. 2025. GuruFocus rates ASX:TCL with a GF Score™ of 75/100 and a GF Value™ of A$13.47 (Modestly Overvalued). The stock has 11 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. Transurban Group's annualized ROCE % for the quarter that ended in Dec. 2025 was 5.30%.

Transurban Group (ASX:TCL) 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.

Transurban Group ROCE % Related Terms

Transurban Group ROCE % Historical Data

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The historical data trend for Transurban 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.

Transurban Group ROCE % Chart

Transurban Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

ROCE %

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1.39

1.60

2.65

3.47

3.32

Transurban Group 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															3.68	3.41	3.56	3.12	5.30

75GF Score

Transurban Group ASX:TCL

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

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Transurban Group ROCE % Calculation

Transurban Group's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2025 )		(A: Jun. 2024 )		(A: Jun. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2025 )		(A: Jun. 2024 )		(A: Jun. 2025 )
	=	1071	/	( ( (36694 - 3700)	+	(35567 - 3969) )	/ 2 )
	=	1071	/	( (32994	+	31598)	/ 2 )
	=	1071	/	32296
	=	3.32 %

Transurban Group'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 )
	=	1682	/	( ( (35567 - 3969)	+	(34690 - 2768) )	/ 2 )
	=	1682	/	( ( 31598	+	31922 )	/ 2 )
	=	1682	/	31760
	=	5.30 %

(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 5.30% mean?

Transurban Group (ASX:TCL) has a ROCE % of 5.30% as of Dec. 2025.

Is Transurban Group's ROCE % too high?

Transurban Group's current ROCE % is 5.30%. The Construction industry median ROCE % is 8.22. Transurban Group's value of 5.30% is 35.5% below this industry median. Overall, Transurban Group has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Transurban Group's ROCE % compare to competitors?

Transurban Group's ROCE % of 5.30% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. Transurban Group's value of 5.30% is 35.5% 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 a Construction company?

The median ROCE % among Construction companies is 8.22, 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. Transurban Group's current ROCE % of 5.30% is 35.5% 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transurban Group's current ROCE % is 5.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Transurban Group stock overvalued right now?

Based on GuruFocus' analysis, Transurban Group (ASX:TCL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$13.47, compared to a current price of A$15.17 — trading 12.6% above its estimated fair value. The current ROCE % is 5.30% and 35.5% below the Construction industry median of 8.22. Transurban Group's overall GF Score™ is 75/100 with 11 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 Transurban Group (ASX:TCL), the current ROCE % is 5.30% 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 Transurban Group (ASX:TCL) Overvalued in 2026?

Based on GuruFocus' analysis, Transurban Group stock appears to be overvalued. The current stock price of A$15.17 is trading 12.6% above its estimated GF Value™ of A$13.47. GuruFocus considers Transurban Group to be Modestly Overvalued.

Key valuation signals for ASX:TCL:

ROCE %: 5.30%
GF Value™: A$13.47 vs. price of A$15.17 (12.6% above fair value)
GF Score™: 75/100 with 11 warning signs
Industry Position: 35.5% below the Construction median

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

Transurban Group Business Description

Industry Industrials Construction

Comparable Companies ASX:ALX ASX:VNT ASX:SPZ ASX:AVD DFM:SALIK SZSE:001965 SHSE:600377 SHSE:600350 MEX:PINFRA BSP:MOTV3 HKSE:00576 DFM:PARKIN SHSE:600012 SZSE:000429 SHSE:600548 BOM:532947 SHSE:601107 BOM:543899 TSE:4666 HKSE:00152

Other Exchanges TRAUF:USA TU9:Germany

Address 727 Collins Street, Level 31, Tower 5, Collins Square, Docklands, VIC, AUS, 3008

Website https://www.transurban.com

Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA, and Montreal, Canada. The weighted average concession life across the portfolio is about 25 years. Australian assets contribute around 90% of proportional revenue.

75GF Score

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

A$15.17

Price

A$13.47

GF Value

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