AST SpaceMobile (FRA:3ZU0) ROCE %: -16.78% (As of Mar. 2026)

What is AST SpaceMobile ROCE %?

AST SpaceMobile FRA:3ZU0 +2.43% 23 ROCE % is -16.78% as of Mar. 2026. GuruFocus rates FRA:3ZU0 with a GF Score™ of 23/100 and a GF Value™ of €388.79 (Possible Value Trap). 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. AST SpaceMobile's annualized ROCE % for the quarter that ended in Mar. 2026 was -16.78%.

AST SpaceMobile (FRA:3ZU0) 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.

AST SpaceMobile ROCE % Related Terms

AST SpaceMobile ROCE % Historical Data

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The historical data trend for AST SpaceMobile'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.

AST SpaceMobile ROCE % Chart

AST SpaceMobile Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-34.50

-25.36

-58.72

-85.76

-14.40

AST SpaceMobile 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															-21.43	-33.05	-29.62	-8.46	-16.78

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AST SpaceMobile Inc FRA:3ZU0

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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AST SpaceMobile ROCE % Calculation

AST SpaceMobile'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 )
	=	-359.57	/	( ( (911.606 - 72.525)	+	(4282.286 - 128.394) )	/ 2 )
	=	-359.57	/	( (839.081	+	4153.892)	/ 2 )
	=	-359.57	/	2496.4865
	=	-14.40 %

AST SpaceMobile'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 )
	=	-775.504	/	( ( (4282.286 - 128.394)	+	(5234.237 - 147.655) )	/ 2 )
	=	-775.504	/	( ( 4153.892	+	5086.582 )	/ 2 )
	=	-775.504	/	4620.237
	=	-16.78 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -16.78% mean?

AST SpaceMobile (FRA:3ZU0) has a ROCE % of -16.78% as of Mar. 2026.

Is AST SpaceMobile's ROCE % too high?

AST SpaceMobile's current ROCE % is -16.78%. Overall, AST SpaceMobile has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does AST SpaceMobile's ROCE % compare to ZBRA and VIAV?

AST SpaceMobile's ROCE % of -16.78% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.84. 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 Hardware company?

The median ROCE % among Hardware companies is 5.84, based on 2,448 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. 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 Hardware industry, the median ROCE % is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AST SpaceMobile's current ROCE % is -16.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is AST SpaceMobile stock overvalued right now?

Based on GuruFocus' analysis, AST SpaceMobile (FRA:3ZU0) is currently considered Possible Value Trap. The stock's GF Value™ is €388.79, compared to a current price of €80.00 — trading 79.4% below its estimated fair value. The current ROCE % is -16.78%. AST SpaceMobile's overall GF Score™ is 23/100 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 AST SpaceMobile (FRA:3ZU0), the current ROCE % is -16.78% 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 AST SpaceMobile (FRA:3ZU0) Overvalued in 2026?

Based on GuruFocus' analysis, AST SpaceMobile stock appears to be undervalued. The current stock price of €80.00 is trading 79.4% below its estimated GF Value™ of €388.79. GuruFocus considers AST SpaceMobile to be Possible Value Trap.

Key valuation signals for FRA:3ZU0:

ROCE %: -16.78%
GF Value™: €388.79 vs. price of €80.00 (79.4% below fair value)
GF Score™: 23/100 with 6 warning signs

No single metric tells the full story. See the FRA:3ZU0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

AST SpaceMobile Business Description

Industry Technology Hardware

Comparable Companies ZBRA VIAV AAOI UI VSAT BDC EXTR ONDS VISN DGII CSCO SZSE:300308 SHSE:601138 SZSE:300502 OHEL:NOKIA CIEN MSI LITE HPE SZSE:300394

Other Exchanges ASTS:USA ASTS:Mexico 1ASTS:Italy

Address 2901 Enterprise Lane, Midland International Air & Space Port, Midland, TX, USA, 79706

Website https://www.ast-science.com

AST SpaceMobile Inc is currently designing, developing and manufacturing the constellation of BlueBird (BB) satellites and has begun launching its planned space-based Cellular Broadband network distributed through a constellation of low Earth orbit (LEO) satellites. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.

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€80.00

Price

€388.79

GF Value

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