Akita Drilling (FRA:774) ROCE %: -2.55% (As of Mar. 2026)

What is Akita Drilling ROCE %?

Akita Drilling FRA:774 +3.88% 55 ROCE % is -2.55% as of Mar. 2026. GuruFocus rates FRA:774 with a GF Score™ of 55/100 and a GF Value™ of €1.08 (Significantly Overvalued). 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. Akita Drilling's annualized ROCE % for the quarter that ended in Mar. 2026 was -2.55%.

Akita Drilling (FRA:774) 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.

Akita Drilling ROCE % Related Terms

Akita Drilling ROCE % Historical Data

* Premium members only.

The historical data trend for Akita Drilling'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.

Akita Drilling ROCE % Chart

Akita Drilling Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

-8.23

4.38

10.77

8.82

8.11

Akita Drilling 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															17.67	4.84	5.37	4.82	-2.55

55GF Score

Akita Drilling Ltd FRA:774

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

View Full Analysis

Akita Drilling ROCE % Calculation

Akita Drilling'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 )
	=	12.142	/	( ( (180.156 - 24.434)	+	(155.986 - 12.209) )	/ 2 )
	=	12.142	/	( (155.722	+	143.777)	/ 2 )
	=	12.142	/	149.7495
	=	8.11 %

Akita Drilling'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 )
	=	-3.692	/	( ( (155.986 - 12.209)	+	(157.784 - 11.833) )	/ 2 )
	=	-3.692	/	( ( 143.777	+	145.951 )	/ 2 )
	=	-3.692	/	144.864
	=	-2.55 %

(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 -2.55% mean?

Akita Drilling (FRA:774) has a ROCE % of -2.55% as of Mar. 2026.

Is Akita Drilling's ROCE % too high?

Akita Drilling's current ROCE % is -2.55%. Overall, Akita Drilling has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Akita Drilling's ROCE % compare to NE and RIG?

Akita Drilling's ROCE % of -2.55% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. 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 Oil & Gas company?

The median ROCE % among Oil & Gas companies is 6.79, based on 977 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 Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akita Drilling's current ROCE % is -2.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Akita Drilling stock overvalued right now?

Based on GuruFocus' analysis, Akita Drilling (FRA:774) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.08, compared to a current price of €2.14 — trading 98.1% above its estimated fair value. The current ROCE % is -2.55%. Akita Drilling's overall GF Score™ is 55/100 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 Akita Drilling (FRA:774), the current ROCE % is -2.55% 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 Akita Drilling (FRA:774) Overvalued in 2026?

Based on GuruFocus' analysis, Akita Drilling stock appears to be overvalued. The current stock price of €2.14 is trading 98.1% above its estimated GF Value™ of €1.08. GuruFocus considers Akita Drilling to be Significantly Overvalued.

Key valuation signals for FRA:774:

ROCE %: -2.55%
GF Value™: €1.08 vs. price of €2.14 (98.1% above fair value)
GF Score™: 55/100 with 2 warning signs

No single metric tells the full story. See the FRA:774 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Akita Drilling Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:WRG TSX:ACX TSXV:SDI TSXV:WGT TSX:PHX TSX:ESI ADX:ADNOCDRILL NE RIG VAL SAU:2382 SHSE:600871 PTEN HP SDRL OSL:ODL SOC SAU:2381 BORR NBR

Other Exchanges AKTAF:USA AKT.B:Canada AKT.A:Canada

Address 333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1

Website https://www.akita-drilling.com

Akita Drilling Ltd is a Canadian oil and gas drilling contractor. It provides contract drilling services to the oil and gas industry. The company has two operating segments, Canada and the United States, providing contract drilling services to the oil and gas industry and from time to time, other forms of drilling related to potash mining and the development of storage caverns. The majority of the company's revenue is derived from the United States segment.

55GF Score

Get the complete analysis for FRA:774

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

€2.14

Price

€1.08

GF Value

View FRA:774 Analysis

See ROCE % data for all stocks →