Chewy (FRA:3HH) ROCE %: 50.92% (As of Apr. 2026)


FRA:3HH Chewy Inc FRA:3HH
68 GF Score
Price €15.58
GF Value €28.31
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Chewy ROCE %?

Chewy FRA:3HH -4.42% 68 ROCE % is 50.92% as of Apr. 2026. GuruFocus rates FRA:3HH with a GF Score™ of 68/100 and a GF Value™ of €28.31 (Significantly Undervalued). The stock has 2 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. Chewy's annualized ROCE % for the quarter that ended in Apr. 2026 was 50.92%.


Chewy  (FRA:3HH) 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.


Chewy ROCE % Related Terms


Chewy ROCE % Historical Data

* Premium members only.

The historical data trend for Chewy'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.

Chewy ROCE % Chart

Chewy Annual Data
Trend Dec16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.83 9.91 5.85 17.18 25.66

Chewy Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 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 35.26 32.07 28.88 16.12 50.92
FRA:3HH
68GF Score
Chewy Inc FRA:3HH
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chewy ROCE % Calculation

Chewy's annualized ROCE % for the fiscal year that ended in Jan. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=216.409/( ( (2912.007 - 2131.672) + (2864.806 - 1958.662) )/ 2 )
=216.409/( (780.335+906.144)/ 2 )
=216.409/843.2395
=25.66 %

Chewy'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: Jan. 2026 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=439.468/( ( (2864.806 - 1958.662) + (2824.663 - 2004.547) )/ 2 )
=439.468/( ( 906.144 + 820.116 )/ 2 )
=439.468/863.13
=50.92 %

(1) Note: The EBIT data used here is four times the quarterly (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 50.92% mean?
Chewy (FRA:3HH) has a ROCE % of 50.92% as of Apr. 2026.
Is Chewy's ROCE % too high?
Chewy's current ROCE % is 50.92%. The Retail - Cyclical industry median ROCE % is 7.59. Chewy's value of 50.92% is 571.3% above this industry median. Overall, Chewy has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chewy's ROCE % compare to CART and W?
Chewy's ROCE % of 50.92% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.59. Chewy's value of 50.92% is 571.3% 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 Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.59, based on 1,112 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. Chewy's current ROCE % of 50.92% is 571.3% 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 Retail - Cyclical industry, the median ROCE % is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chewy's current ROCE % is 50.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chewy stock overvalued right now?
Based on GuruFocus' analysis, Chewy (FRA:3HH) is currently considered Significantly Undervalued. The stock's GF Value™ is €28.31, compared to a current price of €15.58 — trading 45% below its estimated fair value. The current ROCE % is 50.92% and 571.3% above the Retail - Cyclical industry median of 7.59. Chewy's overall GF Score™ is 68/100 with 2 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 Chewy (FRA:3HH), the current ROCE % is 50.92% 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 Chewy (FRA:3HH) Overvalued in 2026?

Based on GuruFocus' analysis, Chewy stock appears to be undervalued. The current stock price of €15.58 is trading 45% below its estimated GF Value™ of €28.31. GuruFocus considers Chewy to be Significantly Undervalued.

Key valuation signals for FRA:3HH:

  • ROCE %: 50.92%
  • GF Value™: €28.31 vs. price of €15.58 (45% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 571.3% above the Retail - Cyclical median

No single metric tells the full story. See the FRA:3HH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chewy Business Description

Address 7700 West Sunrise Boulevard, Plantation, FL, USA, 33322
Chewy is the largest e-commerce petcare retailer in the US, generating $12.6 billion in fiscal 2025 sales across pet food, treats, hard goods, and pharmacy categories. The firm was founded in 2011, acquired by PetSmart in 2017, and tapped public markets as a stand-alone company in 2019 after spending time developing under the aegis of the pet superstore chain. The firm generates sales from pet food, treats, over-the-counter medications, medical prescription fulfillment, veterinary care, membership fees, sponsored ads, and hard goods like crates, leashes, and bowls.
68GF Score

Get the complete analysis for FRA:3HH

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

€15.58
Price
€28.31
GF Value