H.B. Fuller Co (FRA:HB1) ROCE %: 11.04% (As of May. 2026)

What is H.B. Fuller Co ROCE %?

H.B. Fuller Co FRA:HB1 -5.31% 80 ROCE % is 11.04% as of May. 2026. GuruFocus rates FRA:HB1 with a GF Score™ of 80/100 and a GF Value™ of €56.51 (Fairly Valued). The stock has 7 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. H.B. Fuller Co's annualized ROCE % for the quarter that ended in May. 2026 was 11.04%.

H.B. Fuller Co (FRA:HB1) 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.

H.B. Fuller Co ROCE % Related Terms

H.B. Fuller Co ROCE % Historical Data

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The historical data trend for H.B. Fuller Co'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.

H.B. Fuller Co ROCE % Chart

H.B. Fuller Co Annual Data

Trend

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Nov25

ROCE %

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8.52

9.93

9.20

7.73

H.B. Fuller Co Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26	May26
ROCE %	Get a 7-Day Free Trial															9.45	10.27	6.60	5.32	11.04

80GF Score

H.B. Fuller Co FRA:HB1

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

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H.B. Fuller Co ROCE % Calculation

H.B. Fuller Co's annualized ROCE % for the fiscal year that ended in Nov. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2025 )		(A: Nov. 2024 )		(A: Nov. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2025 )		(A: Nov. 2024 )		(A: Nov. 2025 )
	=	301.681	/	( ( (4647.116 - 677.571)	+	(4483.041 - 643.006) )	/ 2 )
	=	301.681	/	( (3969.545	+	3840.035)	/ 2 )
	=	301.681	/	3904.79
	=	7.73 %

H.B. Fuller Co's ROCE % of for the quarter that ended in May. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: May. 2026 )		(Q: Feb. 2026 )		(Q: May. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2026 )		(Q: Feb. 2026 )		(Q: May. 2026 )
	=	427.58	/	( ( (4416.371 - 563.358)	+	(4561.447 - 666.876) )	/ 2 )
	=	427.58	/	( ( 3853.013	+	3894.571 )	/ 2 )
	=	427.58	/	3873.792
	=	11.04 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 11.04% mean?

H.B. Fuller Co (FRA:HB1) has a ROCE % of 11.04% as of May. 2026.

Is H.B. Fuller Co's ROCE % too high?

H.B. Fuller Co's current ROCE % is 11.04%. The Chemicals industry median ROCE % is 6.42. H.B. Fuller Co's value of 11.04% is 72% above this industry median. Overall, H.B. Fuller Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does H.B. Fuller Co's ROCE % compare to CC and AVNT?

H.B. Fuller Co's ROCE % of 11.04% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. H.B. Fuller Co's value of 11.04% is 72% 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 Chemicals company?

The median ROCE % among Chemicals companies is 6.42, based on 1,595 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. H.B. Fuller Co's current ROCE % of 11.04% is 72% 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 Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H.B. Fuller Co's current ROCE % is 11.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is H.B. Fuller Co stock overvalued right now?

Based on GuruFocus' analysis, H.B. Fuller Co (FRA:HB1) is currently considered Fairly Valued. The stock's GF Value™ is €56.51, compared to a current price of €53.50 — trading 5.3% below its estimated fair value. The current ROCE % is 11.04% and 72% above the Chemicals industry median of 6.42. H.B. Fuller Co's overall GF Score™ is 80/100 with 7 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 H.B. Fuller Co (FRA:HB1), the current ROCE % is 11.04% as of May. 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 H.B. Fuller Co (FRA:HB1) Overvalued in 2026?

Based on GuruFocus' analysis, H.B. Fuller Co stock appears to be undervalued. The current stock price of €53.50 is trading 5.3% below its estimated GF Value™ of €56.51. GuruFocus considers H.B. Fuller Co to be Fairly Valued.

Key valuation signals for FRA:HB1:

ROCE %: 11.04%
GF Value™: €56.51 vs. price of €53.50 (5.3% below fair value)
GF Score™: 80/100 with 7 warning signs
Industry Position: 72% above the Chemicals median

No single metric tells the full story. See the FRA:HB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

H.B. Fuller Co Business Description

Industry Basic Materials Chemicals

Comparable Companies CC AVNT HWKN CLMT WDFC ASH KWR CBT MTX NGVT LIN XPAR:AI SHW ECL APD XSWX:GIVN SHSE:600309 XSWX:SIKA SZSE:002466 OCSE:NSIS B

Other Exchanges FUL:USA

Address 1200 Willow Lake Boulevard, Saint Paul, MN, USA, 55110-5101

Website https://www.hbfuller.com

H.B. Fuller Co manufactures and sells adhesives, sealants, and other chemical-based products. The company organizes itself into three segments: Hygiene, Health and Consumable Adhesives, Engineering Adhesives, and Construction Adhesives. It generates the maximum revenue from hygiene, health, and consumable adhesives. This segment produces and supplies a full range of specialty industrial adhesives such as thermoplastic, thermoset, reactive, water-based, and solvent-based products for applications in various markets, including packaging, converting, nonwoven, and hygiene (disposable diapers, feminine care, and medical garments) and health and beauty. The company generates around half of its revenue in the United States.

80GF Score

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€53.50

Price

€56.51

GF Value

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