Strategy (BSP:M2ST34) ROCE %: -0.10% (As of Mar. 2026)

What is Strategy ROCE %?

Strategy BSP:M2ST34 -3.22% 37 ROCE % is -0.10% as of Mar. 2026. GuruFocus rates BSP:M2ST34 with a GF Score™ of 37/100 and a GF Value™ of R$8.90 (Modestly Undervalued). The stock has 8 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. Strategy's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.10%.

Strategy (BSP:M2ST34) 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.

Strategy ROCE % Related Terms

Strategy ROCE % Historical Data

* Premium members only.

The historical data trend for Strategy'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.

Strategy ROCE % Chart

Strategy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-36.23

-45.40

-2.26

-12.89

-12.18

Strategy 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															-0.17	102.23	22.24	-104.77	-0.10

37GF Score

Strategy Inc BSP:M2ST34

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

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Strategy ROCE % Calculation

Strategy'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 )
	=	-29793.501	/	( ( (157672.322 - 2168.198)	+	(336295.251 - 2490.483) )	/ 2 )
	=	-29793.501	/	( (155504.124	+	333804.768)	/ 2 )
	=	-29793.501	/	244654.446
	=	-12.18 %

Strategy'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 )
	=	-312.52	/	( ( (336295.251 - 2490.483)	+	(283803.855 - 2065.99) )	/ 2 )
	=	-312.52	/	( ( 333804.768	+	281737.865 )	/ 2 )
	=	-312.52	/	307771.3165
	=	-0.10 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -0.10% mean?

Strategy (BSP:M2ST34) has a ROCE % of -0.10% as of Mar. 2026.

Is Strategy's ROCE % too high?

Strategy's current ROCE % is -0.10%. Overall, Strategy has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Strategy's ROCE % compare to ADSK and WDAY?

Strategy's ROCE % of -0.10% can be compared against companies in the Software industry. The industry median ROCE % is 5.28. 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 5.28, based on 2,711 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 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Strategy's current ROCE % is -0.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Strategy stock overvalued right now?

Based on GuruFocus' analysis, Strategy (BSP:M2ST34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$8.90, compared to a current price of R$7.81 — trading 12.2% below its estimated fair value. The current ROCE % is -0.10%. Strategy's overall GF Score™ is 37/100 with 8 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 Strategy (BSP:M2ST34), the current ROCE % is -0.10% 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 Strategy (BSP:M2ST34) Overvalued in 2026?

Based on GuruFocus' analysis, Strategy stock appears to be undervalued. The current stock price of R$7.81 is trading 12.2% below its estimated GF Value™ of R$8.90. GuruFocus considers Strategy to be Modestly Undervalued.

Key valuation signals for BSP:M2ST34:

ROCE %: -0.10%
GF Value™: R$8.90 vs. price of R$7.81 (12.2% below fair value)
GF Score™: 37/100 with 8 warning signs

No single metric tells the full story. See the BSP:M2ST34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Strategy Business Description

Industry Technology Software

Comparable Companies ADSK WDAY PAYX ROP ZM FICO TEAM DDOG SNOW ADP XTER:SAP CRM SHOP UBER NOW ADBE CDNS INTU TSX:CSU XPAR:DSY

Other Exchanges MSTR:USA MSTR:Peru MSTR:Mexico 1MSTR:Italy 0A7O:UK MIGA:Germany MSTR:Canada

Address 1850 Towers Crescent Plaza, Tysons Corner, VA, USA, 22182

Website https://www.strategy.com

Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company's enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education). Geographically, the company operates in EMEA, U.S. and Other Regions, of which maximum revenue is derived from U.S..

37GF Score

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

R$7.81

Price

R$8.90

GF Value

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