Macerich Co (FRA:M6G) ROCE %: 1.48% (As of Mar. 2026)


FRA:M6G Macerich Co FRA:M6G
55 GF Score
Price €21.40
GF Value €12.85
! 9 Warning Signs
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What is Macerich Co ROCE %?

Macerich Co FRA:M6G +5.94% 55 ROCE % is 1.48% as of Mar. 2026. GuruFocus rates FRA:M6G with a GF Score™ of 55/100 and a GF Value™ of €12.85. 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. Macerich Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 1.48%.

Macerich Co  (FRA:M6G) 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.

Macerich Co ROCE % Related Terms

Macerich Co ROCE % Historical Data

* Premium members only.

The historical data trend for Macerich 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.

Macerich Co ROCE % Chart

Macerich Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.70 2.03 -1.43 0.29 0.97

Macerich Co 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 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 0.84 1.45 2.25 -1.96 1.48
FRA:M6G
55GF Score
Macerich Co FRA:M6G
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Macerich Co ROCE % Calculation

Macerich Co'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 )
=68.568/( ( (8181.522 - 630.379) + (7146.857 - 602.659) )/ 2 )
=68.568/( (7551.143+6544.198)/ 2 )
=68.568/7047.6705
=0.97 %

Macerich Co'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 )
=96.76/( ( (7146.857 - 602.659) + (7085.822 - 589.99) )/ 2 )
=96.76/( ( 6544.198 + 6495.832 )/ 2 )
=96.76/6520.015
=1.48 %

(1) Note: The EBIT data used here is four times the quarterly (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 1.48% mean?
Macerich Co (FRA:M6G) has a ROCE % of 1.48% as of Mar. 2026.
Is Macerich Co's ROCE % too high?
Macerich Co's current ROCE % is 1.48%. The REITs industry median ROCE % is 5.17. Macerich Co's value of 1.48% is 71.4% below this industry median. Overall, Macerich Co has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Macerich Co's ROCE % compare to EPRT and KRG?
Macerich Co's ROCE % of 1.48% can be compared against companies in the REITs industry. The industry median ROCE % is 5.17. Macerich Co's value of 1.48% is 71.4% 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 REITs company?
The median ROCE % among REITs companies is 5.17, based on 757 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. Macerich Co's current ROCE % of 1.48% is 71.4% 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 REITs industry, the median ROCE % is 5.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macerich Co's current ROCE % is 1.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macerich Co stock overvalued right now?
Macerich Co (FRA:M6G) has a current ROCE % of 1.48%. The stock's GF Value™ is €12.85, compared to a current price of €21.40 — trading 66.5% above its estimated fair value. The current ROCE % is 1.48% and 71.4% below the REITs industry median of 5.17. Macerich Co's overall GF Score™ is 55/100 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 Macerich Co (FRA:M6G), the current ROCE % is 1.48% 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 Macerich Co (FRA:M6G) Overvalued in 2026?

Based on GuruFocus' analysis, Macerich Co stock appears to be overvalued. The current stock price of €21.40 is trading 66.5% above its estimated GF Value™ of €12.85.

Key valuation signals for FRA:M6G:

  • ROCE %: 1.48%
  • GF Value™: €12.85 vs. price of €21.40 (66.5% above fair value)
  • GF Score™: 55/100 with 9 warning signs
  • Industry Position: 71.4% below the REITs median

No single metric tells the full story. See the FRA:M6G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Macerich Co Business Description

Industry Real EstateREITs
Other Exchanges MAC:USA0JX5:UKM6G:Germany
Address 401 Wilshire Boulevard, Suite 700, Santa Monica, CA, USA, 90401
Macerich invests in premium mall assets. The company owns 27 regional malls in its consolidated portfolio and 10 regional malls in its unconsolidated portfolio along with a power center and seven other real estate assets. The company's total portfolio has 39.9 million square feet of gross leasable area and averaged $867 sales per square foot over the 12 months ended in September 2025.
55GF Score

Get the complete analysis for FRA:M6G

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

€21.40
Price
€12.85
GF Value