Granite Construction (FRA:GRG) ROCE %: -5.34% (As of Mar. 2026)

What is Granite Construction ROCE %?

Granite Construction FRA:GRG +3.03% 74 ROCE % is -5.34% as of Mar. 2026. GuruFocus rates FRA:GRG with a GF Score™ of 74/100 and a GF Value™ of €91.67 (Significantly 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. Granite Construction's annualized ROCE % for the quarter that ended in Mar. 2026 was -5.34%.

Granite Construction (FRA:GRG) 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.

Granite Construction ROCE % Related Terms

Granite Construction ROCE % Historical Data

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The historical data trend for Granite Construction'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.

Granite Construction ROCE % Chart

Granite Construction Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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3.11

7.72

4.90

12.16

14.07

Granite Construction 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															-6.45	22.46	28.12	14.56	-5.34

74GF Score

Granite Construction Inc FRA:GRG

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

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Granite Construction ROCE % Calculation

Granite Construction'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 )
	=	286.987	/	( ( (2889.501 - 985.521)	+	(3441.956 - 1265.41) )	/ 2 )
	=	286.987	/	( (1903.98	+	2176.546)	/ 2 )
	=	286.987	/	2040.263
	=	14.07 %

Granite Construction'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 )
	=	-111.328	/	( ( (3441.956 - 1265.41)	+	(3269.388 - 1279.198) )	/ 2 )
	=	-111.328	/	( ( 2176.546	+	1990.19 )	/ 2 )
	=	-111.328	/	2083.368
	=	-5.34 %

(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 -5.34% mean?

Granite Construction (FRA:GRG) has a ROCE % of -5.34% as of Mar. 2026.

Is Granite Construction's ROCE % too high?

Granite Construction's current ROCE % is -5.34%. Overall, Granite Construction has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Granite Construction's ROCE % compare to ACA and FLR?

Granite Construction's ROCE % of -5.34% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. 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 Construction company?

The median ROCE % among Construction companies is 8.22, based on 1,754 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. 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granite Construction's current ROCE % is -5.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Granite Construction stock overvalued right now?

Based on GuruFocus' analysis, Granite Construction (FRA:GRG) is currently considered Significantly Overvalued. The stock's GF Value™ is €91.67, compared to a current price of €136.00 — trading 48.4% above its estimated fair value. The current ROCE % is -5.34%. Granite Construction's overall GF Score™ is 74/100 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 Granite Construction (FRA:GRG), the current ROCE % is -5.34% 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 Granite Construction (FRA:GRG) Overvalued in 2026?

Based on GuruFocus' analysis, Granite Construction stock appears to be overvalued. The current stock price of €136.00 is trading 48.4% above its estimated GF Value™ of €91.67. GuruFocus considers Granite Construction to be Significantly Overvalued.

Key valuation signals for FRA:GRG:

ROCE %: -5.34%
GF Value™: €91.67 vs. price of €136.00 (48.4% above fair value)
GF Score™: 74/100 with 6 warning signs

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

Granite Construction Business Description

Industry Industrials Construction

Comparable Companies ACA FLR LGN ROAD PRIM TTEK MYRG KBR ECG TPC PWR XPAR:DG FIX NSE:LT XAMS:FER XKRX:028260 XTER:HOT XMAD:ACS EME MTZ

Other Exchanges GVA:USA GRG:Germany

Address 585 West Beach Street, Watsonville, CA, USA, 95076

Website https://www.graniteconstruction.com

Granite Construction Inc engages in the construction and development of various infrastructure projects on behalf of public and private clients in the United States. The company focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, bridges, dams, tunnels, and other infrastructure projects. In addition, the company performs site preparation and infrastructure services for residential development, energy development, and other facilities. The majority of revenue is derived from the company's Construction operating segment, and rest from Materials segment.

74GF Score

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

€136.00

Price

€91.67

GF Value

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