Firefly AB (FRA:A63) ROCE %: 21.60% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:A63 Firefly AB FRA:A63
86 GF Score
Price €13.50
GF Value €16.15
! 2 Warning Signs
View Full Analysis

What is Firefly AB ROCE %?

Firefly AB FRA:A63 86 ROCE % is 21.60% as of Mar. 2026. GuruFocus rates FRA:A63 with a GF Score™ of 86/100 and a GF Value™ of €16.15. 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. Firefly AB's annualized ROCE % for the quarter that ended in Mar. 2026 was 21.60%.


Firefly AB  (FRA:A63) 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.


Firefly AB ROCE % Related Terms


Firefly AB ROCE % Historical Data

* Premium members only.

The historical data trend for Firefly AB'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.

Firefly AB ROCE % Chart

Firefly AB 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 22.44 34.50 37.27 39.41 29.77

Firefly AB 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 35.08 -2.81 48.79 46.00 21.60
FRA:A63
86GF Score
Firefly AB FRA:A63
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Firefly AB ROCE % Calculation

Firefly AB'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 )
=61.996/( ( (302.998 - 102.838) + (307.752 - 91.413) )/ 2 )
=61.996/( (200.16+216.339)/ 2 )
=61.996/208.2495
=29.77 %

Firefly AB'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 )
=47.644/( ( (307.752 - 91.413) + (324.674 - 99.861) )/ 2 )
=47.644/( ( 216.339 + 224.813 )/ 2 )
=47.644/220.576
=21.60 %

(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 21.60% mean?
Firefly AB (FRA:A63) has a ROCE % of 21.60% as of Mar. 2026.
Is Firefly AB's ROCE % too high?
Firefly AB's current ROCE % is 21.60%. The Construction industry median ROCE % is 8.29. Firefly AB's value of 21.60% is 160.6% above this industry median. Overall, Firefly AB has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Firefly AB's ROCE % compare to TT and JCI?
Firefly AB's ROCE % of 21.60% can be compared against companies in the Construction industry. The industry median ROCE % is 8.29. Firefly AB's value of 21.60% is 160.6% 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 Construction company?
The median ROCE % among Construction companies is 8.29, based on 1,753 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. Firefly AB's current ROCE % of 21.60% is 160.6% 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 Construction industry, the median ROCE % is 8.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firefly AB's current ROCE % is 21.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firefly AB stock overvalued right now?
Firefly AB (FRA:A63) has a current ROCE % of 21.60%. The stock's GF Value™ is €16.15, compared to a current price of €13.50 — trading 16.4% below its estimated fair value. The current ROCE % is 21.60% and 160.6% above the Construction industry median of 8.29. Firefly AB's overall GF Score™ is 86/100 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 Firefly AB (FRA:A63), the current ROCE % is 21.60% 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 Firefly AB (FRA:A63) Overvalued in 2026?

Based on GuruFocus' analysis, Firefly AB stock appears to be undervalued. The current stock price of €13.50 is trading 16.4% below its estimated GF Value™ of €16.15.

Key valuation signals for FRA:A63:

  • ROCE %: 21.60%
  • GF Value™: €16.15 vs. price of €13.50 (16.4% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 160.6% above the Construction median

No single metric tells the full story. See the FRA:A63 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Firefly AB Business Description

Other Exchanges FIRE:Sweden
Address Heliosgatan 3, Stockholm, SWE, 120 30
Firefly AB is a supplier of spark detection, fire and dust explosion protection systems in Sweden. The company develops, manufactures and sells high-tech systems, which detect and minimise the risk of fires and dust explosions. It has two business areas: Industrial applications and Infra systems. Industrial applications include customized fire prevention systems, which monitor industrial processes in areas such as tissue, food, woodworking, bioenergy, and recycling. The business area of Infra systems includes early fire detection in subway-, train-, road or cable tunnel systems by means of multiple-gas detection.
86GF Score

Get the complete analysis for FRA:A63

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

€13.50
Price
€16.15
GF Value