Positivo Tecnologia (BSP:POSI3) ROCE %: 6.17% (As of Mar. 2026)


BSP:POSI3 Positivo Tecnologia SA BSP:POSI3
74 GF Score
Price R$3.99
GF Value R$5.42
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Positivo Tecnologia ROCE %?

Positivo Tecnologia BSP:POSI3 +1.53% 74 ROCE % is 6.17% as of Mar. 2026. GuruFocus rates BSP:POSI3 with a GF Score™ of 74/100 and a GF Value™ of R$5.42 (Modestly Undervalued). The stock has 7 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. Positivo Tecnologia's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.17%.

Positivo Tecnologia  (BSP:POSI3) 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.

Positivo Tecnologia ROCE % Related Terms

Positivo Tecnologia ROCE % Historical Data

* Premium members only.

The historical data trend for Positivo Tecnologia'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.

Positivo Tecnologia ROCE % Chart

Positivo Tecnologia 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 22.45 27.66 19.57 9.68 7.61

Positivo Tecnologia 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 4.44 7.14 8.32 11.65 6.17
BSP:POSI3
74GF Score
Positivo Tecnologia SA BSP:POSI3
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Positivo Tecnologia ROCE % Calculation

Positivo Tecnologia'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 )
=219.574/( ( (4466.987 - 1503.102) + (4473.551 - 1667.997) )/ 2 )
=219.574/( (2963.885+2805.554)/ 2 )
=219.574/2884.7195
=7.61 %

Positivo Tecnologia'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 )
=171.024/( ( (4473.551 - 1667.997) + (4384.121 - 1647.07) )/ 2 )
=171.024/( ( 2805.554 + 2737.051 )/ 2 )
=171.024/2771.3025
=6.17 %

(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 6.17% mean?
Positivo Tecnologia (BSP:POSI3) has a ROCE % of 6.17% as of Mar. 2026.
Is Positivo Tecnologia's ROCE % too high?
Positivo Tecnologia's current ROCE % is 6.17%. The Hardware industry median ROCE % is 5.83. Positivo Tecnologia's value of 6.17% is 5.8% above this industry median. Overall, Positivo Tecnologia has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Positivo Tecnologia's ROCE % compare to DELL and SNDK?
Positivo Tecnologia's ROCE % of 6.17% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. Positivo Tecnologia's value of 6.17% is 5.8% 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 Hardware company?
The median ROCE % among Hardware companies is 5.83, based on 2,445 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. Positivo Tecnologia's current ROCE % of 6.17% is 5.8% 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 Hardware industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Positivo Tecnologia's current ROCE % is 6.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Positivo Tecnologia stock overvalued right now?
Based on GuruFocus' analysis, Positivo Tecnologia (BSP:POSI3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$5.42, compared to a current price of R$3.99 — trading 26.4% below its estimated fair value. The current ROCE % is 6.17% and 5.8% above the Hardware industry median of 5.83. Positivo Tecnologia's overall GF Score™ is 74/100 with 7 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 Positivo Tecnologia (BSP:POSI3), the current ROCE % is 6.17% 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 Positivo Tecnologia (BSP:POSI3) Overvalued in 2026?

Based on GuruFocus' analysis, Positivo Tecnologia stock appears to be undervalued. The current stock price of R$3.99 is trading 26.4% below its estimated GF Value™ of R$5.42. GuruFocus considers Positivo Tecnologia to be Modestly Undervalued.

Key valuation signals for BSP:POSI3:

  • ROCE %: 6.17%
  • GF Value™: R$5.42 vs. price of R$3.99 (26.4% below fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 5.8% above the Hardware median

No single metric tells the full story. See the BSP:POSI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Positivo Tecnologia Business Description

Address Rua Joao Bettega 5200, Bairro Cidade Industrial, Curitiba, PR, BRA, 81350-000
Positivo Tecnologia SA is a technology company. The Company is mainly engaged in the manufacturing, sale, and development of information technology projects; the manufacturing, sale, and lease of software and hardware; the sale of IT equipment, educational application systems, and school administration systems, as well as planning and providing technical and educational support; the representation, sale, implementation, training, and provision of technical support services for equipment and technical, technological, and scientific education systems across various fields; the development, manufacturing, and sale of electronic voting machines; and the provision of services in the information technology industry, including managed IT services.
74GF Score

Get the complete analysis for BSP:POSI3

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

R$3.99
Price
R$5.42
GF Value