Gol Linhas Aereas Inteligentes (BSP:GOLL54) ROCE %: 42.57% (As of Sep. 2025)


BSP:GOLL54 Gol Linhas Aereas Inteligentes SA BSP:GOLL54
36 GF Score
Price R$9.75
GF Value R$43.98
! 5 Warning Signs
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What is Gol Linhas Aereas Inteligentes ROCE %?

Gol Linhas Aereas Inteligentes BSP:GOLL54 36 ROCE % is 42.57% as of Sep. 2025. GuruFocus rates BSP:GOLL54 with a GF Score™ of 36/100 and a GF Value™ of R$43.98. 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. Gol Linhas Aereas Inteligentes's annualized ROCE % for the quarter that ended in Sep. 2025 was 42.57%.

Gol Linhas Aereas Inteligentes  (BSP:GOLL54) 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.

Gol Linhas Aereas Inteligentes ROCE % Related Terms

Gol Linhas Aereas Inteligentes ROCE % Historical Data

* Premium members only.

The historical data trend for Gol Linhas Aereas Inteligentes'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.

Gol Linhas Aereas Inteligentes ROCE % Chart

Gol Linhas Aereas Inteligentes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -114.36 -180.43 62.19 65.64 -396.80

Gol Linhas Aereas Inteligentes Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25
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 -6,359.30 0.00 0.00 -3.07 42.57
BSP:GOLL54
36GF Score
Gol Linhas Aereas Inteligentes SA BSP:GOLL54
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gol Linhas Aereas Inteligentes ROCE % Calculation

Gol Linhas Aereas Inteligentes's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-2692.249/( ( (16726.194 - 13001.593) + (23986.261 - 26353.878) )/ 2 )
=-2692.249/( (3724.601+-2367.617)/ 2 )
=-2692.249/678.492
=-396.80 %

Gol Linhas Aereas Inteligentes's ROCE % of for the quarter that ended in Sep. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=5768.412/( ( (26132.572 - 12450.773) + (26719.338 - 13297.927) )/ 2 )
=5768.412/( ( 13681.799 + 13421.411 )/ 2 )
=5768.412/13551.605
=42.57 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2025) 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 42.57% mean?
Gol Linhas Aereas Inteligentes (BSP:GOLL54) has a ROCE % of 42.57% as of Sep. 2025.
Is Gol Linhas Aereas Inteligentes' ROCE % too high?
Gol Linhas Aereas Inteligentes' current ROCE % is 42.57%. The Transportation industry median ROCE % is 7.73. Gol Linhas Aereas Inteligentes' value of 42.57% is 450.7% above this industry median. Overall, Gol Linhas Aereas Inteligentes has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Gol Linhas Aereas Inteligentes' ROCE % compare to DAL and UAL?
Gol Linhas Aereas Inteligentes' ROCE % of 42.57% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. Gol Linhas Aereas Inteligentes' value of 42.57% is 450.7% 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 a Transportation company?
The median ROCE % among Transportation companies is 7.73, based on 989 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. Gol Linhas Aereas Inteligentes's current ROCE % of 42.57% is 450.7% 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 Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gol Linhas Aereas Inteligentes's current ROCE % is 42.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gol Linhas Aereas Inteligentes stock overvalued right now?
Gol Linhas Aereas Inteligentes (BSP:GOLL54) has a current ROCE % of 42.57%. The stock's GF Value™ is R$43.98, compared to a current price of R$9.75 — trading 77.8% below its estimated fair value. The current ROCE % is 42.57% and 450.7% above the Transportation industry median of 7.73. Gol Linhas Aereas Inteligentes' overall GF Score™ is 36/100 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 Gol Linhas Aereas Inteligentes (BSP:GOLL54), the current ROCE % is 42.57% as of Sep. 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 Gol Linhas Aereas Inteligentes (BSP:GOLL54) Overvalued in 2026?

Based on GuruFocus' analysis, Gol Linhas Aereas Inteligentes stock appears to be undervalued. The current stock price of R$9.75 is trading 77.8% below its estimated GF Value™ of R$43.98.

Key valuation signals for BSP:GOLL54:

  • ROCE %: 42.57%
  • GF Value™: R$43.98 vs. price of R$9.75 (77.8% below fair value)
  • GF Score™: 36/100 with 5 warning signs
  • Industry Position: 450.7% above the Transportation median

No single metric tells the full story. See the BSP:GOLL54 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Gol Linhas Aereas Inteligentes Business Description

Address Portaria 3, Predio 24, Praca Comandante Linneu Gomes, Jardim Aeroporto, Sao Paulo, SP, BRA, 04630-000
Gol Linhas Aereas Inteligentes SA is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operates both domestic and international flights from which the majority of revenues come in from domestic operations.
36GF Score

Get the complete analysis for BSP:GOLL54

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

R$9.75
Price
R$43.98
GF Value