Tesmec SpA (FRA:2GV) ROCE %: 16.04% (As of Mar. 2026)


FRA:2GV Tesmec SpA FRA:2GV
58 GF Score
Price €0.41
GF Value €0.10
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Tesmec SpA ROCE %?

Tesmec SpA FRA:2GV -3.50% 58 ROCE % is 16.04% as of Mar. 2026. GuruFocus rates FRA:2GV with a GF Score™ of 58/100 and a GF Value™ of €0.10 (Significantly Overvalued). 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. Tesmec SpA's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.04%.

Tesmec SpA  (FRA:2GV) 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.

Tesmec SpA ROCE % Related Terms

Tesmec SpA ROCE % Historical Data

* Premium members only.

The historical data trend for Tesmec SpA'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.

Tesmec SpA ROCE % Chart

Tesmec SpA 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 4.28 9.45 5.30 9.84 8.02

Tesmec SpA 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 11.51 20.21 11.65 -8.32 16.04
FRA:2GV
58GF Score
Tesmec SpA FRA:2GV
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tesmec SpA ROCE % Calculation

Tesmec SpA'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 )
=14.675/( ( (423.951 - 237.195) + (402.375 - 222.973) )/ 2 )
=14.675/( (186.756+179.402)/ 2 )
=14.675/183.079
=8.02 %

Tesmec SpA'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 )
=28.652/( ( (402.375 - 222.973) + (416.135 - 238.247) )/ 2 )
=28.652/( ( 179.402 + 177.888 )/ 2 )
=28.652/178.645
=16.04 %

(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 16.04% mean?
Tesmec SpA (FRA:2GV) has a ROCE % of 16.04% as of Mar. 2026.
Is Tesmec SpA's ROCE % too high?
Tesmec SpA's current ROCE % is 16.04%. The Industrial Products industry median ROCE % is 7.10. Tesmec SpA's value of 16.04% is 125.9% above this industry median. Overall, Tesmec SpA has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tesmec SpA's ROCE % compare to GEV and ETN?
Tesmec SpA's ROCE % of 16.04% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. Tesmec SpA's value of 16.04% is 125.9% 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 Industrial Products company?
The median ROCE % among Industrial Products companies is 7.10, based on 3,032 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. Tesmec SpA's current ROCE % of 16.04% is 125.9% 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 Industrial Products industry, the median ROCE % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tesmec SpA's current ROCE % is 16.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tesmec SpA stock overvalued right now?
Based on GuruFocus' analysis, Tesmec SpA (FRA:2GV) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.10, compared to a current price of €0.41 — trading 314% above its estimated fair value. The current ROCE % is 16.04% and 125.9% above the Industrial Products industry median of 7.10. Tesmec SpA's overall GF Score™ is 58/100 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 Tesmec SpA (FRA:2GV), the current ROCE % is 16.04% 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 Tesmec SpA (FRA:2GV) Overvalued in 2026?

Based on GuruFocus' analysis, Tesmec SpA stock appears to be overvalued. The current stock price of €0.41 is trading 314% above its estimated GF Value™ of €0.10. GuruFocus considers Tesmec SpA to be Significantly Overvalued.

Key valuation signals for FRA:2GV:

  • ROCE %: 16.04%
  • GF Value™: €0.10 vs. price of €0.41 (314% above fair value)
  • GF Score™: 58/100 with 8 warning signs
  • Industry Position: 125.9% above the Industrial Products median

No single metric tells the full story. See the FRA:2GV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tesmec SpA Business Description

Other Exchanges TSMCF:USATES:Italy0MVJ:UK
Address Via Zanica 17/O, Grassobbio, Bergamo, ITA, 24050
Tesmec SpA specialises in developing technologies and solutions for the construction, maintenance, and management of strategic infrastructure in the energy, telecommunications, rail, and natural resources sectors. Its product portfolio consists of rock trenching equipment, surface miners, stringing equipment, railway equipment, and electronic devices for smart grid management. The Group's operating segments are: Energy, Trencher, and Rail. The majority of its revenue is generated from the Trencher segment, which offers crawler trenching machines for excavation, surface mines, and earth-moving works. This segment also includes the provision of excavation services for power networks and fibre optic cables. Geographically, the Group operates globally and generates maximum revenue from Italy.
58GF Score

Get the complete analysis for FRA:2GV

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

€0.41
Price
€0.10
GF Value