CMGMF (Chemring Group) ROCE %: 6.58% (As of Apr. 2026)


CMGMF Chemring Group PLC CMGMF
83 GF Score
Price $6.71
GF Value $6.00
Valuation Fairly Valued
! 5 Warning Signs
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What is Chemring Group ROCE %?

Chemring Group CMGMF 83 ROCE % is 6.58% as of Apr. 2026. GuruFocus rates CMGMF with a GF Score™ of 83/100 and a GF Value™ of $6.00 (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. Chemring Group's annualized ROCE % for the quarter that ended in Apr. 2026 was 6.58%.

Chemring Group  (OTCPK:CMGMF) 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.

Chemring Group ROCE % Related Terms

Chemring Group ROCE % Historical Data

* Premium members only.

The historical data trend for Chemring 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.

Chemring Group ROCE % Chart

Chemring Group Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.05 9.64 9.81 11.96 12.53

Chemring Group Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 7.92 16.54 10.95 14.95 6.58
CMGMF
83GF Score
Chemring Group PLC CMGMF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chemring Group ROCE % Calculation

Chemring Group's annualized ROCE % for the fiscal year that ended in Oct. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=97.997/( ( (902.347 - 222.034) + (1152.336 - 268.892) )/ 2 )
=97.997/( (680.313+883.444)/ 2 )
=97.997/781.8785
=12.53 %

Chemring Group's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=58.412/( ( (1152.336 - 268.892) + (1222.207 - 329.206) )/ 2 )
=58.412/( ( 883.444 + 893.001 )/ 2 )
=58.412/888.2225
=6.58 %

(1) Note: The EBIT data used here is two times the semi-annual (Apr. 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 6.58% mean?
Chemring Group (CMGMF) has a ROCE % of 6.58% as of Apr. 2026.
Is Chemring Group's ROCE % too high?
Chemring Group's current ROCE % is 6.58%. The Aerospace & Defense industry median ROCE % is 6.29. Chemring Group's value of 6.58% is 4.6% above this industry median. Overall, Chemring Group has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chemring Group's ROCE % compare to GE and RTX?
Chemring Group's ROCE % of 6.58% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.29. Chemring Group's value of 6.58% is 4.6% 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 Aerospace & Defense company?
The median ROCE % among Aerospace & Defense companies is 6.29, based on 350 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. Chemring Group's current ROCE % of 6.58% is 4.6% 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 Aerospace & Defense industry, the median ROCE % is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemring Group's current ROCE % is 6.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemring Group stock overvalued right now?
Based on GuruFocus' analysis, Chemring Group (CMGMF) is currently considered Fairly Valued. The stock's GF Value™ is $6.00, compared to a current price of $6.71 — trading 11.8% above its estimated fair value. The current ROCE % is 6.58% and 4.6% above the Aerospace & Defense industry median of 6.29. Chemring Group's overall GF Score™ is 83/100 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 Chemring Group (CMGMF), the current ROCE % is 6.58% as of Apr. 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 Chemring Group (CMGMF) Overvalued in 2026?

Based on GuruFocus' analysis, Chemring Group stock appears to be overvalued. The current stock price of $6.71 is trading 11.8% above its estimated GF Value™ of $6.00. GuruFocus considers Chemring Group to be Fairly Valued.

Key valuation signals for CMGMF:

  • ROCE %: 6.58%
  • GF Value™: $6.00 vs. price of $6.71 (11.8% above fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 4.6% above the Aerospace & Defense median

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

Chemring Group Business Description

Address Old Salisbury Lane, Roke Manor, Romsey, Hampshire, GBR, SO51 0ZN
Chemring Group PLC is a defense technology company. The company's operating segment include: i) Countermeasures and Energetics segment: It is engaged in the development and manufacturing of expendable countermeasures for air and sea platforms, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile components, propellants, separation sub-systems, actuators, and energetic materials, ii) Sensors and Information: it is engaged in the development and manufacturing of electronic countermeasures, chemical and biological threat detection equipment, and explosive hazard detection (EHD) equipment. It generated the majority of the revenue from the Countermeasures and Energetics segment. Geographically, the maximum revenue is generated from the USA.
83GF Score

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

$6.71
Price
$6.00
GF Value