Fortive (FRA:F03) ROCE %: 8.32% (As of Mar. 2026)

What is Fortive ROCE %?

Fortive FRA:F03 -0.60% 75 ROCE % is 8.32% as of Mar. 2026. GuruFocus rates FRA:F03 with a GF Score™ of 75/100 and a GF Value™ of €52.07 (Fairly Valued). The stock has 9 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. Fortive's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.32%.

Fortive (FRA:F03) 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.

Fortive ROCE % Related Terms

Fortive ROCE % Historical Data

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The historical data trend for Fortive'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.

Fortive ROCE % Chart

Fortive Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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6.25

7.74

3.88

4.50

5.56

Fortive 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															4.47	6.00	5.28	9.66	8.32

75GF Score

Fortive Corp FRA:F03

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

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Fortive ROCE % Calculation

Fortive'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 )
	=	617.186	/	( ( (16250.376 - 2137.672)	+	(10023.996 - 1918.596) )	/ 2 )
	=	617.186	/	( (14112.704	+	8105.4)	/ 2 )
	=	617.186	/	11109.052
	=	5.56 %

Fortive'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 )
	=	675.392	/	( ( (10023.996 - 1918.596)	+	(10020.246 - 1890.284) )	/ 2 )
	=	675.392	/	( ( 8105.4	+	8129.962 )	/ 2 )
	=	675.392	/	8117.681
	=	8.32 %

(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 8.32% mean?

Fortive (FRA:F03) has a ROCE % of 8.32% as of Mar. 2026.

Is Fortive's ROCE % too high?

Fortive's current ROCE % is 8.32%. The Hardware industry median ROCE % is 5.83. Fortive's value of 8.32% is 42.8% above this industry median. Overall, Fortive has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Fortive's ROCE % compare to MKSI and TRMB?

Fortive's ROCE % of 8.32% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. Fortive's value of 8.32% is 42.8% 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 Hardware company?

The median ROCE % among Hardware companies is 5.83, based on 2,444 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. Fortive's current ROCE % of 8.32% is 42.8% 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 Hardware industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortive's current ROCE % is 8.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Fortive stock overvalued right now?

Based on GuruFocus' analysis, Fortive (FRA:F03) is currently considered Fairly Valued. The stock's GF Value™ is €52.07, compared to a current price of €52.70 — trading 1.2% above its estimated fair value. The current ROCE % is 8.32% and 42.8% above the Hardware industry median of 5.83. Fortive's overall GF Score™ is 75/100 with 9 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 Fortive (FRA:F03), the current ROCE % is 8.32% 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 Fortive (FRA:F03) Overvalued in 2026?

Based on GuruFocus' analysis, Fortive stock appears to be overvalued. The current stock price of €52.70 is trading 1.2% above its estimated GF Value™ of €52.07. GuruFocus considers Fortive to be Fairly Valued.

Key valuation signals for FRA:F03:

ROCE %: 8.32%
GF Value™: €52.07 vs. price of €52.70 (1.2% above fair value)
GF Score™: 75/100 with 9 warning signs
Industry Position: 42.8% above the Hardware median

No single metric tells the full story. See the FRA:F03 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fortive Business Description

Industry Technology Hardware

Comparable Companies MKSI TRMB CGNX ESE ST TDY NOVT VNT ITRI BMI TSE:6861 COHR KEYS GRMN TPE:2360 OSTO:HEXA B SZSE:002414 SZSE:300567 TSE:6856 TSE:7701

Other Exchanges FTV:USA 1FTV:Italy 0IRE:UK F03:Germany F1TV34:Brazil

Address 6920 Seaway Boulevard, Everett, WA, USA, 98203

Website https://www.fortive.com

Fortive Corp is a diversified industrial technology firm offering essential technologies, software, and services globally across several industries, such as manufacturing, utilities, medical, electronics, etc. It has two reportable segments: Intelligent Operating Solutions and Advanced Healthcare Solutions. Maximum revenue is generated from the Intelligent Operating Solutions segment, which offers professional instruments used in applications like maintenance, repair, measurement, and condition monitoring, connected worker safety, compliance solutions, etc. The products and services in this segment are marketed under various brands, including Fluke, Servicechannel, Gordian, Accruent, Industrial Scientific, and Intelex. Geographically, the firm generates maximum revenue from North America.

75GF Score

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€52.70

Price

€52.07

GF Value

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