Harboes Bryggeri AS (FRA:DX4) ROCE %: 0.77% (As of Jan. 2026)

What is Harboes Bryggeri AS ROCE %?

Harboes Bryggeri AS FRA:DX4 +0.42% 71 ROCE % is 0.77% as of Jan. 2026. GuruFocus rates FRA:DX4 with a GF Score™ of 71/100 and a GF Value™ of €16.22. 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. Harboes Bryggeri AS's annualized ROCE % for the quarter that ended in Jan. 2026 was 0.77%.

Harboes Bryggeri AS (FRA:DX4) 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.

Harboes Bryggeri AS ROCE % Related Terms

Harboes Bryggeri AS ROCE % Historical Data

* Premium members only.

The historical data trend for Harboes Bryggeri AS'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.

Harboes Bryggeri AS ROCE % Chart

Harboes Bryggeri AS Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Apr25

ROCE %

Get a 7-Day Free Trial

1.11

-0.21

-0.18

8.93

7.06

Harboes Bryggeri AS Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26
ROCE %	Get a 7-Day Free Trial															4.20	-0.06	8.86	6.61	0.77

71GF Score

Harboes Bryggeri AS FRA:DX4

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

View Full Analysis

Harboes Bryggeri AS ROCE % Calculation

Harboes Bryggeri AS's annualized ROCE % for the fiscal year that ended in Apr. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2025 )		(A: Apr. 2024 )		(A: Apr. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2025 )		(A: Apr. 2024 )		(A: Apr. 2025 )
	=	8.787	/	( ( (176.877 - 54.74)	+	(190.233 - 63.563) )	/ 2 )
	=	8.787	/	( (122.137	+	126.67)	/ 2 )
	=	8.787	/	124.4035
	=	7.06 %

Harboes Bryggeri AS's ROCE % of for the quarter that ended in Jan. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2026 )		(Q: Oct. 2025 )		(Q: Jan. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2026 )		(Q: Oct. 2025 )		(Q: Jan. 2026 )
	=	0.984	/	( ( (189.785 - 62.183)	+	(182.757 - 54.695) )	/ 2 )
	=	0.984	/	( ( 127.602	+	128.062 )	/ 2 )
	=	0.984	/	127.832
	=	0.77 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 0.77% mean?

Harboes Bryggeri AS (FRA:DX4) has a ROCE % of 0.77% as of Jan. 2026.

Is Harboes Bryggeri AS's ROCE % too high?

Harboes Bryggeri AS's current ROCE % is 0.77%. The Beverages - Alcoholic industry median ROCE % is 7.68. Harboes Bryggeri AS's value of 0.77% is 90% below this industry median. Overall, Harboes Bryggeri AS has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.

How does Harboes Bryggeri AS's ROCE % compare to STZ and TAP?

Harboes Bryggeri AS's ROCE % of 0.77% can be compared against companies in the Beverages - Alcoholic industry. The industry median ROCE % is 7.68. Harboes Bryggeri AS's value of 0.77% is 90% below 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 Beverages - Alcoholic company?

The median ROCE % among Beverages - Alcoholic companies is 7.68, based on 208 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. Harboes Bryggeri AS's current ROCE % of 0.77% is 90% below 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 Beverages - Alcoholic industry, the median ROCE % is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harboes Bryggeri AS's current ROCE % is 0.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Harboes Bryggeri AS stock overvalued right now?

Harboes Bryggeri AS (FRA:DX4) has a current ROCE % of 0.77%. The stock's GF Value™ is €16.22, compared to a current price of €14.46 — trading 10.9% below its estimated fair value. The current ROCE % is 0.77% and 90% below the Beverages - Alcoholic industry median of 7.68. Harboes Bryggeri AS's overall GF Score™ is 71/100 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 Harboes Bryggeri AS (FRA:DX4), the current ROCE % is 0.77% as of Jan. 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 Harboes Bryggeri AS (FRA:DX4) Overvalued in 2026?

Based on GuruFocus' analysis, Harboes Bryggeri AS stock appears to be undervalued. The current stock price of €14.46 is trading 10.9% below its estimated GF Value™ of €16.22.

Key valuation signals for FRA:DX4:

ROCE %: 0.77%
GF Value™: €16.22 vs. price of €14.46 (10.9% below fair value)
GF Score™: 71/100 with 6 warning signs
Industry Position: 90% below the Beverages - Alcoholic median

No single metric tells the full story. See the FRA:DX4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Harboes Bryggeri AS Business Description

Industry Consumer Defensive Beverages - Alcoholic

Comparable Companies OCSE:ALEFRM XBRU:ABI XZIM:DLTA.ZW BSP:ABEV3 XAMS:HEIA MEX:FEMSAUBD STZ XAMS:HEIO OCSE:CARL B TSE:2502 TSE:2503 HKSE:01876 SHSE:600600 HKSE:00291 TSX:TPX.B TAP SZSE:000729 TSE:2501 SHSE:600132 BOM:532478

Other Exchanges 0ENE:UK HARB B:Denmark

Address Spegerborgvej 34, Skaelskor, DNK, 4230

Website http://www.harboes.dk

Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.

71GF Score

Get the complete analysis for FRA:DX4

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

€14.46

Price

€16.22

GF Value

View FRA:DX4 Analysis

See ROCE % data for all stocks →