Applied Industrial Technologies (FRA:AT4) ROCE %: 21.63% (As of Mar. 2026)


FRA:AT4 Applied Industrial Technologies Inc FRA:AT4
88 GF Score
Price €278.60
GF Value €217.86
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Applied Industrial Technologies ROCE %?

Applied Industrial Technologies FRA:AT4 +1.53% 88 ROCE % is 21.63% as of Mar. 2026. GuruFocus rates FRA:AT4 with a GF Score™ of 88/100 and a GF Value™ of €217.86 (Modestly Overvalued). 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. Applied Industrial Technologies's annualized ROCE % for the quarter that ended in Mar. 2026 was 21.63%.

Applied Industrial Technologies  (FRA:AT4) 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.

Applied Industrial Technologies ROCE % Related Terms

Applied Industrial Technologies ROCE % Historical Data

* Premium members only.

The historical data trend for Applied Industrial Technologies'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.

Applied Industrial Technologies ROCE % Chart

Applied Industrial Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.85 19.97 22.58 22.36 19.68

Applied Industrial Technologies 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 19.38 22.79 19.17 18.37 21.63
FRA:AT4
88GF Score
Applied Industrial Technologies Inc FRA:AT4
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Applied Industrial Technologies ROCE % Calculation

Applied Industrial Technologies's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=450.13/( ( (2742.324 - 465.522) + (2753.197 - 456.173) )/ 2 )
=450.13/( (2276.802+2297.024)/ 2 )
=450.13/2286.913
=19.68 %

Applied Industrial Technologies'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 )
=477.22/( ( (2698.061 - 406.062) + (2585.235 - 464.178) )/ 2 )
=477.22/( ( 2291.999 + 2121.057 )/ 2 )
=477.22/2206.528
=21.63 %

(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 21.63% mean?
Applied Industrial Technologies (FRA:AT4) has a ROCE % of 21.63% as of Mar. 2026.
Is Applied Industrial Technologies' ROCE % too high?
Applied Industrial Technologies' current ROCE % is 21.63%. The Industrial Distribution industry median ROCE % is 9.42. Applied Industrial Technologies' value of 21.63% is 129.6% above this industry median. Overall, Applied Industrial Technologies has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Industrial Technologies' ROCE % compare to QXO and CNM?
Applied Industrial Technologies' ROCE % of 21.63% can be compared against companies in the Industrial Distribution industry. The industry median ROCE % is 9.42. Applied Industrial Technologies' value of 21.63% is 129.6% 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 an Industrial Distribution company?
The median ROCE % among Industrial Distribution companies is 9.42, based on 157 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. Applied Industrial Technologies's current ROCE % of 21.63% is 129.6% 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 Industrial Distribution industry, the median ROCE % is 9.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Industrial Technologies's current ROCE % is 21.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Industrial Technologies stock overvalued right now?
Based on GuruFocus' analysis, Applied Industrial Technologies (FRA:AT4) is currently considered Modestly Overvalued. The stock's GF Value™ is €217.86, compared to a current price of €278.60 — trading 27.9% above its estimated fair value. The current ROCE % is 21.63% and 129.6% above the Industrial Distribution industry median of 9.42. Applied Industrial Technologies' overall GF Score™ is 88/100 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 Applied Industrial Technologies (FRA:AT4), the current ROCE % is 21.63% 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 Applied Industrial Technologies (FRA:AT4) Overvalued in 2026?

Based on GuruFocus' analysis, Applied Industrial Technologies stock appears to be overvalued. The current stock price of €278.60 is trading 27.9% above its estimated GF Value™ of €217.86. GuruFocus considers Applied Industrial Technologies to be Modestly Overvalued.

Key valuation signals for FRA:AT4:

  • ROCE %: 21.63%
  • GF Value™: €217.86 vs. price of €278.60 (27.9% above fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 129.6% above the Industrial Distribution median

No single metric tells the full story. See the FRA:AT4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Applied Industrial Technologies Business Description

Other Exchanges AIT:USA0HGR:UKAT4:Germany
Address 1 Applied Plaza, Cleveland, OH, USA, 44115
Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. The company's reportable segments are; Service Center Based Distribution which derives key revenue, and Engineered Solutions. Geographically, the company derives its key revenue from the United States and the rest from Canada and other countries.
88GF Score

Get the complete analysis for FRA:AT4

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

€278.60
Price
€217.86
GF Value