CNH Industrial NV (FRA:37C) ROCE %: 4.58% (As of Mar. 2026)


FRA:37C CNH Industrial NV FRA:37C
67 GF Score
Price €9.25
GF Value €8.46
Valuation Modestly Overvalued
! 7 Warning Signs
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What is CNH Industrial NV ROCE %?

CNH Industrial NV FRA:37C +7.31% 67 ROCE % is 4.58% as of Mar. 2026. GuruFocus rates FRA:37C with a GF Score™ of 67/100 and a GF Value™ of €8.46 (Modestly Overvalued). 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. CNH Industrial NV's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.58%.

CNH Industrial NV  (FRA:37C) 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.

CNH Industrial NV ROCE % Related Terms

CNH Industrial NV ROCE % Historical Data

* Premium members only.

The historical data trend for CNH Industrial NV'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.

CNH Industrial NV ROCE % Chart

CNH Industrial NV 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 7.33 10.77 12.74 9.21 5.82

CNH Industrial NV 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 5.35 6.33 4.32 6.07 4.58
FRA:37C
67GF Score
CNH Industrial NV FRA:37C
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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CNH Industrial NV ROCE % Calculation

CNH Industrial NV'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 )
=1795.108/( ( (41001.015 - 3783.71) + (36505.938 - 12045.67) )/ 2 )
=1795.108/( (37217.305+24460.268)/ 2 )
=1795.108/30838.7865
=5.82 %

CNH Industrial NV'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 )
=1307.88/( ( (36505.938 - 12045.67) + (36362.87 - 3683.17) )/ 2 )
=1307.88/( ( 24460.268 + 32679.7 )/ 2 )
=1307.88/28569.984
=4.58 %

(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 4.58% mean?
CNH Industrial NV (FRA:37C) has a ROCE % of 4.58% as of Mar. 2026.
Is CNH Industrial NV's ROCE % too high?
CNH Industrial NV's current ROCE % is 4.58%. The Farm & Heavy Construction Machinery industry median ROCE % is 9.18. CNH Industrial NV's value of 4.58% is 50.1% below this industry median. Overall, CNH Industrial NV has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CNH Industrial NV's ROCE % compare to AGCO and OSK?
CNH Industrial NV's ROCE % of 4.58% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median ROCE % is 9.18. CNH Industrial NV's value of 4.58% is 50.1% 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 Farm & Heavy Construction Machinery company?
The median ROCE % among Farm & Heavy Construction Machinery companies is 9.18, based on 205 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. CNH Industrial NV's current ROCE % of 4.58% is 50.1% 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 Farm & Heavy Construction Machinery industry, the median ROCE % is 9.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNH Industrial NV's current ROCE % is 4.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNH Industrial NV stock overvalued right now?
Based on GuruFocus' analysis, CNH Industrial NV (FRA:37C) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.46, compared to a current price of €9.25 — trading 9.3% above its estimated fair value. The current ROCE % is 4.58% and 50.1% below the Farm & Heavy Construction Machinery industry median of 9.18. CNH Industrial NV's overall GF Score™ is 67/100 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 CNH Industrial NV (FRA:37C), the current ROCE % is 4.58% 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 CNH Industrial NV (FRA:37C) Overvalued in 2026?

Based on GuruFocus' analysis, CNH Industrial NV stock appears to be overvalued. The current stock price of €9.25 is trading 9.3% above its estimated GF Value™ of €8.46. GuruFocus considers CNH Industrial NV to be Modestly Overvalued.

Key valuation signals for FRA:37C:

  • ROCE %: 4.58%
  • GF Value™: €8.46 vs. price of €9.25 (9.3% above fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 50.1% below the Farm & Heavy Construction Machinery median

No single metric tells the full story. See the FRA:37C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CNH Industrial NV Business Description

Address Cranes Farm Road, Basildon, Essex, London, GBR, SS14 3AD
CNH Industrial is the world's second largest manufacturer of agricultural machinery (82% of industrial net sales) as well as a major player in construction equipment (18% of industrial net sales). Its Case and New Holland brands have served farmers for generations. Geographically, agricultural sales are 40% in North America, 32% in Europe, the Middle East, and Africa, 18% in South America, and 10% in Asia-Pacific. CNH's products are available through a robust independent dealer network, which includes over 2,600 dealer and distribution locations and reach into 164 countries. The construction business leverages over 400 dealers. The company's captive finance arm provides retail financing to its customers and wholesale financing to dealers to maintain inventory, thereby supporting sales.
67GF Score

Get the complete analysis for FRA:37C

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

€9.25
Price
€8.46
GF Value