Filtronic (FRA:FTI) ROCE %: 13.71% (As of Nov. 2025)

What is Filtronic ROCE %?

Filtronic FRA:FTI +1.27% 74 ROCE % is 13.71% as of Nov. 2025. GuruFocus rates FRA:FTI with a GF Score™ of 74/100 and a GF Value™ of €1.37 (Significantly Overvalued). The stock has 5 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. Filtronic's annualized ROCE % for the quarter that ended in Nov. 2025 was 13.71%.

Filtronic (FRA:FTI) 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.

Filtronic ROCE % Related Terms

Filtronic ROCE % Historical Data

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The historical data trend for Filtronic'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.

Filtronic ROCE % Chart

Filtronic Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

May24

May25

ROCE %

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3.94

17.88

2.27

22.59

47.40

Filtronic Semi-Annual Data
	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24	May25	Nov25
ROCE %	Get a 7-Day Free Trial															-5.22	48.92	59.72	41.59	13.71

74GF Score

Filtronic PLC FRA:FTI

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Filtronic ROCE % Calculation

Filtronic's annualized ROCE % for the fiscal year that ended in May. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2025 )		(A: May. 2024 )		(A: May. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2025 )		(A: May. 2024 )		(A: May. 2025 )
	=	16.171	/	( ( (32.591 - 9.586)	+	(58.968 - 13.735) )	/ 2 )
	=	16.171	/	( (23.005	+	45.233)	/ 2 )
	=	16.171	/	34.119
	=	47.40 %

Filtronic's ROCE % of for the quarter that ended in Nov. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2025 )		(Q: May. 2025 )		(Q: Nov. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2025 )		(Q: May. 2025 )		(Q: Nov. 2025 )
	=	6.322	/	( ( (58.968 - 13.735)	+	(62.536 - 15.547) )	/ 2 )
	=	6.322	/	( ( 45.233	+	46.989 )	/ 2 )
	=	6.322	/	46.111
	=	13.71 %

(1) Note: The EBIT data used here is two times the semi-annual (Nov. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 13.71% mean?

Filtronic (FRA:FTI) has a ROCE % of 13.71% as of Nov. 2025.

Is Filtronic's ROCE % too high?

Filtronic's current ROCE % is 13.71%. The Hardware industry median ROCE % is 5.83. Filtronic's value of 13.71% is 135.2% above this industry median. Overall, Filtronic has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Filtronic's ROCE % compare to CSCO and CIEN?

Filtronic's ROCE % of 13.71% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. Filtronic's value of 13.71% is 135.2% 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 2,445 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. Filtronic's current ROCE % of 13.71% is 135.2% 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. Filtronic's current ROCE % is 13.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Filtronic stock overvalued right now?

Based on GuruFocus' analysis, Filtronic (FRA:FTI) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.37, compared to a current price of €3.18 — trading 132.1% above its estimated fair value. The current ROCE % is 13.71% and 135.2% above the Hardware industry median of 5.83. Filtronic's overall GF Score™ is 74/100 with 5 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 Filtronic (FRA:FTI), the current ROCE % is 13.71% as of Nov. 2025. 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 Filtronic (FRA:FTI) Overvalued in 2026?

Based on GuruFocus' analysis, Filtronic stock appears to be overvalued. The current stock price of €3.18 is trading 132.1% above its estimated GF Value™ of €1.37. GuruFocus considers Filtronic to be Significantly Overvalued.

Key valuation signals for FRA:FTI:

ROCE %: 13.71%
GF Value™: €1.37 vs. price of €3.18 (132.1% above fair value)
GF Score™: 74/100 with 5 warning signs
Industry Position: 135.2% above the Hardware median

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

Filtronic Business Description

Industry Technology Hardware

Comparable Companies LSE:CLX LSE:MWE LSE:PEB LSE:CYAN CSCO SHSE:601138 SZSE:300308 SZSE:300502 CIEN OHEL:NOKIA MSI LITE HPE SZSE:300394 TPE:2345 OSTO:ERIC B HKSE:06869 UI ASTS SHSE:600487

Other Exchanges FLTCF:USA FTC:UK

Address 1 Rosalind Franklin Way, NETPark, Sedgefield, Durham, GBR, TS21 3FR

Website https://www.filtronic.com

Filtronic PLC designs and manufactures a broad range of customized RF, microwave, and millimeter-wave components and subsystems. Its products are used in mobile wireless communication equipment, point-to-point communication systems, and adjacent defense sectors. Its customer base includes international original equipment manufacturers as well as a wide range of mobile phone network operators. It has operations in the United Kingdom, Europe, Americas, and the Rest of the world.

74GF Score

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

€3.18

Price

€1.37

GF Value

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