PROG Holdings (FRA:AZD) ROCE %: 15.72% (As of Mar. 2026)

What is PROG Holdings ROCE %?

PROG Holdings FRA:AZD +4.97% 87 ROCE % is 15.72% as of Mar. 2026. GuruFocus rates FRA:AZD with a GF Score™ of 87/100 and a GF Value™ of €32.75 (Modestly 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. PROG Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.72%.

PROG Holdings (FRA:AZD) 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.

PROG Holdings ROCE % Related Terms

PROG Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for PROG Holdings'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.

PROG Holdings ROCE % Chart

PROG Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

26.66

14.00

16.43

15.65

14.44

PROG Holdings 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															16.82	18.23	16.06	10.79	15.72

87GF Score

PROG Holdings Inc FRA:AZD

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

View Full Analysis

PROG Holdings ROCE % Calculation

PROG Holdings'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 )
	=	182.619	/	( ( (1445.647 - 172.947)	+	(1375.288 - 117.95) )	/ 2 )
	=	182.619	/	( (1272.7	+	1257.338)	/ 2 )
	=	182.619	/	1265.019
	=	14.44 %

PROG Holdings'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 )
	=	228.192	/	( ( (1375.288 - 117.95)	+	(1766.773 - 121.406) )	/ 2 )
	=	228.192	/	( ( 1257.338	+	1645.367 )	/ 2 )
	=	228.192	/	1451.3525
	=	15.72 %

(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 15.72% mean?

PROG Holdings (FRA:AZD) has a ROCE % of 15.72% as of Mar. 2026.

Is PROG Holdings' ROCE % too high?

PROG Holdings' current ROCE % is 15.72%. The Business Services industry median ROCE % is 8.88. PROG Holdings' value of 15.72% is 77% above this industry median. Overall, PROG Holdings has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does PROG Holdings' ROCE % compare to WLFC and VSTS?

PROG Holdings' ROCE % of 15.72% can be compared against companies in the Business Services industry. The industry median ROCE % is 8.88. PROG Holdings' value of 15.72% is 77% 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 Business Services company?

The median ROCE % among Business Services companies is 8.88, based on 1,070 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. PROG Holdings's current ROCE % of 15.72% is 77% 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 Business Services industry, the median ROCE % is 8.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PROG Holdings's current ROCE % is 15.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is PROG Holdings stock overvalued right now?

Based on GuruFocus' analysis, PROG Holdings (FRA:AZD) is currently considered Modestly Overvalued. The stock's GF Value™ is €32.75, compared to a current price of €38.00 — trading 16% above its estimated fair value. The current ROCE % is 15.72% and 77% above the Business Services industry median of 8.88. PROG Holdings' overall GF Score™ is 87/100 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 PROG Holdings (FRA:AZD), the current ROCE % is 15.72% 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 PROG Holdings (FRA:AZD) Overvalued in 2026?

Based on GuruFocus' analysis, PROG Holdings stock appears to be overvalued. The current stock price of €38.00 is trading 16% above its estimated GF Value™ of €32.75. GuruFocus considers PROG Holdings to be Modestly Overvalued.

Key valuation signals for FRA:AZD:

ROCE %: 15.72%
GF Value™: €32.75 vs. price of €38.00 (16% above fair value)
GF Score™: 87/100 with 8 warning signs
Industry Position: 77% above the Business Services median

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

PROG Holdings Business Description

Industry Industrials Business Services

Comparable Companies WLFC VSTS HTZ CTOS MGRC ALTG DWAY MWG AITX AIHS URI SUNB AER XPAR:AYV UHAL R BSP:RENT3 TSX:EFN TSE:8439 HKSE:02588

Other Exchanges PRG:USA

Address 256 West Data Drive, Draper, UT, USA, 84020-2315

Website https://www.progholdings.com

PROG Holdings Inc is a financial technology holding company that provides transparent and competitive payment options to consumers. The company has two reportable segments: Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and Vive Financial (Vive), an omnichannel provider of second-look revolving credit products. The majority of the revenue of the company is earned through the Progressive Leasing segment.

87GF Score

Get the complete analysis for FRA:AZD

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

€38.00

Price

€32.75

GF Value

View FRA:AZD Analysis

See ROCE % data for all stocks →