Novem Group (CHIX:NVMD) ROCE %: 6.41% (As of Mar. 2026)


CHIX:NVMD Novem Group SA CHIX:NVMD
14 GF Score
Price €11.18
GF Value €33.04
! 6 Warning Signs
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What is Novem Group ROCE %?

Novem Group CHIX:NVMD 14 ROCE % is 6.41% as of Mar. 2026. GuruFocus rates CHIX:NVMD with a GF Score™ of 14/100 and a GF Value™ of €33.04. The stock has 6 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. Novem Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.41%.

Novem Group  (CHIX:NVMd) 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.

Novem Group ROCE % Related Terms

Novem Group ROCE % Historical Data

* Premium members only.

The historical data trend for Novem Group'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.

Novem Group ROCE % Chart

Novem Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 17.03 20.08 15.64 10.62 13.13

Novem Group 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 7.57 24.06 9.96 6.19 6.41
CHIX:NVMD
14GF Score
Novem Group SA CHIX:NVMD
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Novem Group ROCE % Calculation

Novem Group's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=38.119/( ( (568.07 - 148.168) + (554.088 - 393.475) )/ 2 )
=38.119/( (419.902+160.613)/ 2 )
=38.119/290.2575
=13.13 %

Novem Group'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 )
=10.476/( ( (542.3 - 376.1) + (554.088 - 393.475) )/ 2 )
=10.476/( ( 166.2 + 160.613 )/ 2 )
=10.476/163.4065
=6.41 %

(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 6.41% mean?
Novem Group (CHIX:NVMD) has a ROCE % of 6.41% as of Mar. 2026.
Is Novem Group's ROCE % too high?
Novem Group's current ROCE % is 6.41%. The Vehicles & Parts industry median ROCE % is 7.94. Novem Group's value of 6.41% is 19.3% below this industry median. Overall, Novem Group has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Novem Group's ROCE % compare to ORLY and AZO?
Novem Group's ROCE % of 6.41% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Novem Group's value of 6.41% is 19.3% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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. Novem Group's current ROCE % of 6.41% is 19.3% 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novem Group's current ROCE % is 6.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novem Group stock overvalued right now?
Novem Group (CHIX:NVMD) has a current ROCE % of 6.41%. The stock's GF Value™ is €33.04, compared to a current price of €11.18 — trading 66.2% below its estimated fair value. The current ROCE % is 6.41% and 19.3% below the Vehicles & Parts industry median of 7.94. Novem Group's overall GF Score™ is 14/100 with 6 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 Novem Group (CHIX:NVMD), the current ROCE % is 6.41% 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 Novem Group (CHIX:NVMD) Overvalued in 2026?

Based on GuruFocus' analysis, Novem Group stock appears to be undervalued. The current stock price of €11.18 is trading 66.2% below its estimated GF Value™ of €33.04.

Key valuation signals for CHIX:NVMD:

  • ROCE %: 6.41%
  • GF Value™: €33.04 vs. price of €11.18 (66.2% below fair value)
  • GF Score™: 14/100 with 6 warning signs
  • Industry Position: 19.3% below the Vehicles & Parts median

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

Novem Group Business Description

Other Exchanges 0ABP:UKNVM:Germany
Address Industriestrasse 45, Vorbach, DEU, 95519
Novem Group SA operates as a developer, supplier, and system supplier for trim parts and decorative functional elements in vehicle interiors. The products of the company are central consoles, dashboards, beltlines, and others. The company operates in three reportable geographical segments namely Europe, Americas, and Asia. The business activities of these segments include the production, processing, and sale of high-quality trims and decorative functional elements in vehicle interiors. The three reportable operating segments of the Group are Europe, Americas, and Asia.
14GF Score

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

€11.18
Price
€33.04
GF Value