Riot Platforms (FRA:AP4N) ROCE %: -61.89% (As of Mar. 2026)

What is Riot Platforms ROCE %?

Riot Platforms FRA:AP4N +1.10% 64 ROCE % is -61.89% as of Mar. 2026. GuruFocus rates FRA:AP4N with a GF Score™ of 64/100 and a GF Value™ of €11.75 (Significantly Overvalued). The stock has 8 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. Riot Platforms's annualized ROCE % for the quarter that ended in Mar. 2026 was -61.89%.

Riot Platforms (FRA:AP4N) 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.

Riot Platforms ROCE % Related Terms

Riot Platforms ROCE % Historical Data

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The historical data trend for Riot Platforms'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.

Riot Platforms ROCE % Chart

Riot Platforms Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-1.78

-41.23

-3.27

3.98

-16.63

Riot Platforms 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															-31.42	23.38	11.28	-72.39	-61.89

64GF Score

Riot Platforms Inc FRA:AP4N

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

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Riot Platforms ROCE % Calculation

Riot Platforms'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 )
	=	-545.866	/	( ( (3758.218 - 153.168)	+	(3361.999 - 401.188) )	/ 2 )
	=	-545.866	/	( (3605.05	+	2960.811)	/ 2 )
	=	-545.866	/	3282.9305
	=	-16.63 %

Riot Platforms'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 )
	=	-1721.584	/	( ( (3361.999 - 401.188)	+	(2973.887 - 371.361) )	/ 2 )
	=	-1721.584	/	( ( 2960.811	+	2602.526 )	/ 2 )
	=	-1721.584	/	2781.6685
	=	-61.89 %

(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 -61.89% mean?

Riot Platforms (FRA:AP4N) has a ROCE % of -61.89% as of Mar. 2026.

Is Riot Platforms' ROCE % too high?

Riot Platforms' current ROCE % is -61.89%. Overall, Riot Platforms has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Riot Platforms' ROCE % compare to HLI and SF?

Riot Platforms' ROCE % of -61.89% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.58. 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 Capital Markets company?

The median ROCE % among Capital Markets companies is 5.58, based on 690 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 Capital Markets industry, the median ROCE % is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riot Platforms's current ROCE % is -61.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Riot Platforms stock overvalued right now?

Based on GuruFocus' analysis, Riot Platforms (FRA:AP4N) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.75, compared to a current price of €24.26 — trading 106.5% above its estimated fair value. The current ROCE % is -61.89%. Riot Platforms' overall GF Score™ is 64/100 with 8 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 Riot Platforms (FRA:AP4N), the current ROCE % is -61.89% 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 Riot Platforms (FRA:AP4N) Overvalued in 2026?

Based on GuruFocus' analysis, Riot Platforms stock appears to be overvalued. The current stock price of €24.26 is trading 106.5% above its estimated GF Value™ of €11.75. GuruFocus considers Riot Platforms to be Significantly Overvalued.

Key valuation signals for FRA:AP4N:

ROCE %: -61.89%
GF Value™: €11.75 vs. price of €24.26 (106.5% above fair value)
GF Score™: 64/100 with 8 warning signs

No single metric tells the full story. See the FRA:AP4N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Riot Platforms Business Description

Industry Financial Services Capital Markets

Comparable Companies HLI SF JEF BMNR SNEX XP WULF FIGR EVR HUT MS GS SCHW HOOD ASX:MQG SHSE:600030 BSP:BPAC3 SZSE:300059 IBKR SHSE:601211

Other Exchanges RIOT:USA RIOT:Mexico 1RIOT:Italy 0KX0:UK AP4N:Germany

Address 3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109

Website https://www.riotplatforms.com

Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets. The Company's business centers on enhancing its electrical infrastructure and deploying it across two complementary platforms: (i) Bitcoin Mining and (ii) scalable data center solutions designed to support non-mining workloads. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.

64GF Score

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

€24.26

Price

€11.75

GF Value

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