Orica (FRA:ICA) ROCE %: 5.86% (As of Mar. 2026)


FRA:ICA Orica Ltd FRA:ICA
76 GF Score
Price €14.10
GF Value €11.27
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Orica ROCE %?

Orica FRA:ICA +1.44% 76 ROCE % is 5.86% as of Mar. 2026. GuruFocus rates FRA:ICA with a GF Score™ of 76/100 and a GF Value™ of €11.27 (Modestly 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. Orica's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.86%.

Orica  (FRA:ICA) 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.

Orica ROCE % Related Terms

Orica ROCE % Historical Data

* Premium members only.

The historical data trend for Orica'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.

Orica ROCE % Chart

Orica Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.94 7.79 7.77 13.14 7.91

Orica Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.91 10.79 4.24 11.68 5.86
FRA:ICA
76GF Score
Orica Ltd FRA:ICA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Orica ROCE % Calculation

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

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=348.556/( ( (5855.158 - 1293.853) + (5591.391 - 1343.136) )/ 2 )
=348.556/( (4561.305+4248.255)/ 2 )
=348.556/4404.78
=7.91 %

Orica'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: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=256.89/( ( (5591.391 - 1343.136) + (5874.898 - 1352.192) )/ 2 )
=256.89/( ( 4248.255 + 4522.706 )/ 2 )
=256.89/4385.4805
=5.86 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 5.86% mean?
Orica (FRA:ICA) has a ROCE % of 5.86% as of Mar. 2026.
Is Orica's ROCE % too high?
Orica's current ROCE % is 5.86%. The Chemicals industry median ROCE % is 6.42. Orica's value of 5.86% is 8.7% below this industry median. Overall, Orica has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orica's ROCE % compare to LIN and SHW?
Orica's ROCE % of 5.86% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Orica's value of 5.86% is 8.7% 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 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. Orica's current ROCE % of 5.86% is 8.7% 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 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. Orica's current ROCE % is 5.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orica stock overvalued right now?
Based on GuruFocus' analysis, Orica (FRA:ICA) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.27, compared to a current price of €14.10 — trading 25.1% above its estimated fair value. The current ROCE % is 5.86% and 8.7% below the Chemicals industry median of 6.42. Orica's overall GF Score™ is 76/100 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 Orica (FRA:ICA), the current ROCE % is 5.86% 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 Orica (FRA:ICA) Overvalued in 2026?

Based on GuruFocus' analysis, Orica stock appears to be overvalued. The current stock price of €14.10 is trading 25.1% above its estimated GF Value™ of €11.27. GuruFocus considers Orica to be Modestly Overvalued.

Key valuation signals for FRA:ICA:

  • ROCE %: 5.86%
  • GF Value™: €11.27 vs. price of €14.10 (25.1% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 8.7% below the Chemicals median

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

Orica Business Description

Address 1 Nicholson Street, Level 3, East Melbourne, Melbourne, VIC, AUS, 3002
Orica is a leading global manufacturer and supplier of explosives and chemicals, primarily to the mining industry. It has operations in around 50 countries across six continents. Blasting solutions to the mining industry is the chief earnings engine. Orica has an approximate 28% share of the global commercial explosives market. It provided resins, steel bolts, and other products for underground mining and tunneling though this business is now sold. It also supplies chemicals such as sodium cyanide to the mining industry.
76GF Score

Get the complete analysis for FRA:ICA

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

€14.10
Price
€11.27
GF Value