The Middleby (FRA:MBY) ROCE %: 11.34% (As of Mar. 2026)


FRA:MBY The Middleby Corp FRA:MBY
84 GF Score
Price €146.00
GF Value €130.43
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is The Middleby ROCE %?

The Middleby FRA:MBY +3.55% 84 ROCE % is 11.34% as of Mar. 2026. GuruFocus rates FRA:MBY with a GF Score™ of 84/100 and a GF Value™ of €130.43 (Modestly 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. The Middleby's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.34%.

The Middleby  (FRA:MBY) 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.

The Middleby ROCE % Related Terms

The Middleby ROCE % Historical Data

* Premium members only.

The historical data trend for The Middleby'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.

The Middleby ROCE % Chart

The Middleby 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 14.02 11.87 10.85 10.75 9.24

The Middleby 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 7.90 9.12 -37.01 62.97 11.34
FRA:MBY
84GF Score
The Middleby Corp FRA:MBY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Middleby ROCE % Calculation

The Middleby'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 )
=491.992/( ( (6955.409 - 792.003) + (5393.152 - 912.269) )/ 2 )
=491.992/( (6163.406+4480.883)/ 2 )
=491.992/5322.1445
=9.24 %

The Middleby'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 )
=478.876/( ( (5393.152 - 912.269) + (4690.019 - 725.553) )/ 2 )
=478.876/( ( 4480.883 + 3964.466 )/ 2 )
=478.876/4222.6745
=11.34 %

(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 11.34% mean?
The Middleby (FRA:MBY) has a ROCE % of 11.34% as of Mar. 2026.
Is The Middleby's ROCE % too high?
The Middleby's current ROCE % is 11.34%. The Industrial Products industry median ROCE % is 7.10. The Middleby's value of 11.34% is 59.7% above this industry median. Overall, The Middleby has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Middleby's ROCE % compare to JBTM and XE?
The Middleby's ROCE % of 11.34% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. The Middleby's value of 11.34% is 59.7% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.10, based on 3,032 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. The Middleby's current ROCE % of 11.34% is 59.7% 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 Industrial Products industry, the median ROCE % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Middleby's current ROCE % is 11.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Middleby stock overvalued right now?
Based on GuruFocus' analysis, The Middleby (FRA:MBY) is currently considered Modestly Overvalued. The stock's GF Value™ is €130.43, compared to a current price of €146.00 — trading 11.9% above its estimated fair value. The current ROCE % is 11.34% and 59.7% above the Industrial Products industry median of 7.10. The Middleby's overall GF Score™ is 84/100 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 The Middleby (FRA:MBY), the current ROCE % is 11.34% 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 The Middleby (FRA:MBY) Overvalued in 2026?

Based on GuruFocus' analysis, The Middleby stock appears to be overvalued. The current stock price of €146.00 is trading 11.9% above its estimated GF Value™ of €130.43. GuruFocus considers The Middleby to be Modestly Overvalued.

Key valuation signals for FRA:MBY:

  • ROCE %: 11.34%
  • GF Value™: €130.43 vs. price of €146.00 (11.9% above fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 59.7% above the Industrial Products median

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

The Middleby Business Description

Other Exchanges MIDD:USA0K1G:UK
Address 1400 Toastmaster Drive, Elgin, IL, USA, 60120
The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.
84GF Score

Get the complete analysis for FRA:MBY

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

€146.00
Price
€130.43
GF Value