CIA Energetica Do Ceara - COELCE (BSP:COCE3) ROCE %: 15.82% (As of Mar. 2026)


BSP:COCE3 CIA Energetica Do Ceara - COELCE BSP:COCE3
63 GF Score
Price R$33.32
GF Value R$35.68
Valuation Fairly Valued
! 5 Warning Signs
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What is CIA Energetica Do Ceara - COELCE ROCE %?

CIA Energetica Do Ceara - COELCE BSP:COCE3 63 ROCE % is 15.82% as of Mar. 2026. GuruFocus rates BSP:COCE3 with a GF Score™ of 63/100 and a GF Value™ of R$35.68 (Fairly Valued). The stock has 5 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. CIA Energetica Do Ceara - COELCE's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.82%.

CIA Energetica Do Ceara - COELCE  (BSP:COCE3) 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.

CIA Energetica Do Ceara - COELCE ROCE % Related Terms

CIA Energetica Do Ceara - COELCE ROCE % Historical Data

* Premium members only.

The historical data trend for CIA Energetica Do Ceara - COELCE'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.

CIA Energetica Do Ceara - COELCE ROCE % Chart

CIA Energetica Do Ceara - COELCE 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 11.57 15.59 12.00 12.51 11.62

CIA Energetica Do Ceara - COELCE 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 10.37 13.08 8.01 15.73 15.82
BSP:COCE3
63GF Score
CIA Energetica Do Ceara - COELCE BSP:COCE3
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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CIA Energetica Do Ceara - COELCE ROCE % Calculation

CIA Energetica Do Ceara - COELCE'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 )
=1126.256/( ( (14406.941 - 5673.718) + (16214.965 - 5564.801) )/ 2 )
=1126.256/( (8733.223+10650.164)/ 2 )
=1126.256/9691.6935
=11.62 %

CIA Energetica Do Ceara - COELCE'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 )
=1732.04/( ( (16214.965 - 5564.801) + (16659.943 - 5407.276) )/ 2 )
=1732.04/( ( 10650.164 + 11252.667 )/ 2 )
=1732.04/10951.4155
=15.82 %

(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 15.82% mean?
CIA Energetica Do Ceara - COELCE (BSP:COCE3) has a ROCE % of 15.82% as of Mar. 2026.
Is CIA Energetica Do Ceara - COELCE's ROCE % too high?
CIA Energetica Do Ceara - COELCE's current ROCE % is 15.82%. The Utilities - Regulated industry median ROCE % is 6.91. CIA Energetica Do Ceara - COELCE's value of 15.82% is 128.9% above this industry median. Overall, CIA Energetica Do Ceara - COELCE has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CIA Energetica Do Ceara - COELCE's ROCE % compare to NEE and SO?
CIA Energetica Do Ceara - COELCE's ROCE % of 15.82% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. CIA Energetica Do Ceara - COELCE's value of 15.82% is 128.9% above 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 6.91, based on 504 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. CIA Energetica Do Ceara - COELCE's current ROCE % of 15.82% is 128.9% above 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 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIA Energetica Do Ceara - COELCE's current ROCE % is 15.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA Energetica Do Ceara - COELCE stock overvalued right now?
Based on GuruFocus' analysis, CIA Energetica Do Ceara - COELCE (BSP:COCE3) is currently considered Fairly Valued. The stock's GF Value™ is R$35.68, compared to a current price of R$33.32 — trading 6.6% below its estimated fair value. The current ROCE % is 15.82% and 128.9% above the Utilities - Regulated industry median of 6.91. CIA Energetica Do Ceara - COELCE's overall GF Score™ is 63/100 with 5 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 CIA Energetica Do Ceara - COELCE (BSP:COCE3), the current ROCE % is 15.82% 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 CIA Energetica Do Ceara - COELCE (BSP:COCE3) Overvalued in 2026?

Based on GuruFocus' analysis, CIA Energetica Do Ceara - COELCE stock appears to be undervalued. The current stock price of R$33.32 is trading 6.6% below its estimated GF Value™ of R$35.68. GuruFocus considers CIA Energetica Do Ceara - COELCE to be Fairly Valued.

Key valuation signals for BSP:COCE3:

  • ROCE %: 15.82%
  • GF Value™: R$35.68 vs. price of R$33.32 (6.6% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 128.9% above the Utilities - Regulated median

No single metric tells the full story. See the BSP:COCE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CIA Energetica Do Ceara - COELCE Business Description

Other Exchanges COCE5:Brazil
Address R Padre Valdevino 150, Fortaleza, CE, BRA, 60135040
CIA Energetica Do Ceara - COELCE is primarily engaged in the generation and sale of electricity business activities. It also involved in development, distribution, and marketing of electrical power. In addition, the company involved in the distribution of electrical power for industrial, rural, public and residential consumption. It derives most of its revenues from the sale of the electricity business activities and has operations spread across Brazil.
63GF Score

Get the complete analysis for BSP:COCE3

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

R$33.32
Price
R$35.68
GF Value