Azzas 2154 (BSP:AZZA3) ROCE %: 2.62% (As of Mar. 2026)


BSP:AZZA3 Azzas 2154 SA BSP:AZZA3
76 GF Score
Price R$17.34
GF Value R$50.81
Valuation Possible Value Trap
! 10 Warning Signs
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What is Azzas 2154 ROCE %?

Azzas 2154 BSP:AZZA3 +1.70% 76 ROCE % is 2.62% as of Mar. 2026. GuruFocus rates BSP:AZZA3 with a GF Score™ of 76/100 and a GF Value™ of R$50.81 (Possible Value Trap). The stock has 10 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. Azzas 2154's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.62%.

Azzas 2154  (BSP:AZZA3) 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.

Azzas 2154 ROCE % Related Terms

Azzas 2154 ROCE % Historical Data

* Premium members only.

The historical data trend for Azzas 2154'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.

Azzas 2154 ROCE % Chart

Azzas 2154 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 23.60 24.54 15.47 3.32 7.47

Azzas 2154 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 7.90 13.45 10.91 5.02 2.62
BSP:AZZA3
76GF Score
Azzas 2154 SA BSP:AZZA3
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Azzas 2154 ROCE % Calculation

Azzas 2154'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 )
=836.986/( ( (15253.545 - 4517.132) + (15448.601 - 3765.563) )/ 2 )
=836.986/( (10736.413+11683.038)/ 2 )
=836.986/11209.7255
=7.47 %

Azzas 2154'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 )
=311.692/( ( (15448.601 - 3765.563) + (15193.878 - 3044.759) )/ 2 )
=311.692/( ( 11683.038 + 12149.119 )/ 2 )
=311.692/11916.0785
=2.62 %

(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 2.62% mean?
Azzas 2154 (BSP:AZZA3) has a ROCE % of 2.62% as of Mar. 2026.
Is Azzas 2154's ROCE % too high?
Azzas 2154's current ROCE % is 2.62%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.12. Azzas 2154's value of 2.62% is 57.2% below this industry median. Overall, Azzas 2154 has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Azzas 2154's ROCE % compare to NKE and DECK?
Azzas 2154's ROCE % of 2.62% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.12. Azzas 2154's value of 2.62% is 57.2% 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 a Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.12, based on 1,038 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. Azzas 2154's current ROCE % of 2.62% is 57.2% 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azzas 2154's current ROCE % is 2.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azzas 2154 stock overvalued right now?
Based on GuruFocus' analysis, Azzas 2154 (BSP:AZZA3) is currently considered Possible Value Trap. The stock's GF Value™ is R$50.81, compared to a current price of R$17.34 — trading 65.9% below its estimated fair value. The current ROCE % is 2.62% and 57.2% below the Manufacturing - Apparel & Accessories industry median of 6.12. Azzas 2154's overall GF Score™ is 76/100 with 10 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 Azzas 2154 (BSP:AZZA3), the current ROCE % is 2.62% 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 Azzas 2154 (BSP:AZZA3) Overvalued in 2026?

Based on GuruFocus' analysis, Azzas 2154 stock appears to be undervalued. The current stock price of R$17.34 is trading 65.9% below its estimated GF Value™ of R$50.81. GuruFocus considers Azzas 2154 to be Possible Value Trap.

Key valuation signals for BSP:AZZA3:

  • ROCE %: 2.62%
  • GF Value™: R$50.81 vs. price of R$17.34 (65.9% below fair value)
  • GF Score™: 76/100 with 10 warning signs
  • Industry Position: 57.2% below the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the BSP:AZZA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Azzas 2154 Business Description

Address Rua Fernandes Tourinho, 147 - sala 402, Rooms 1301 and 130, Belo Horizonte, MG, BRA, 30112000
Azzas 2154 SA, along with its subsidiaries, is engaged in the manufacturing, development, modeling and retail and wholesale trade of footwear, handbags, accessories and clothing for the women's, men's and democratic markets, particularly the women's market. The company also operates an online sales channel that makes available products of the brands Arezzo, Schutz, Anacapri, Alexandre Birman, Vans, Vicenza, Farm Rio, Animale, NV, Cris Barros, Maria Filó, Carol Bassi, Fábula, Off Premium, Reserva, Oficina, Foxton, Reserva Mini, Reserva Go, Reserva Ink, Hering, Hering Kids, Hering Sports, Hering Shoes and Hering Intimates. The majority of the company's revenue is derived from the sales of its products.
76GF Score

Get the complete analysis for BSP:AZZA3

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

R$17.34
Price
R$50.81
GF Value