Northern Data AG (FRA:NB2) ROCE %: -33.86% (As of Dec. 2025)


FRA:NB2 Northern Data AG FRA:NB2
51 GF Score
Price €8.10
GF Value €9.07
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Northern Data AG ROCE %?

Northern Data AG FRA:NB2 +8.43% 51 ROCE % is -33.86% as of Dec. 2025. GuruFocus rates FRA:NB2 with a GF Score™ of 51/100 and a GF Value™ of €9.07 (Modestly Undervalued). The stock has 8 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. Northern Data AG's annualized ROCE % for the quarter that ended in Dec. 2025 was -33.86%.

Northern Data AG  (FRA:NB2) 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.

Northern Data AG ROCE % Related Terms

Northern Data AG ROCE % Historical Data

* Premium members only.

The historical data trend for Northern Data AG'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.

Northern Data AG ROCE % Chart

Northern Data AG 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 79.77 -53.05 -23.73 -5.22 -33.86

Northern Data AG Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.77 -53.05 -23.73 -5.22 -33.86
FRA:NB2
51GF Score
Northern Data AG FRA:NB2
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Data AG ROCE % Calculation

Northern Data AG'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 )
=-459.382/( ( (1659.297 - 107.133) + (1260.994 - 99.889) )/ 2 )
=-459.382/( (1552.164+1161.105)/ 2 )
=-459.382/1356.6345
=-33.86 %

Northern Data AG's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=-459.382/( ( (1659.297 - 107.133) + (1260.994 - 99.889) )/ 2 )
=-459.382/( ( 1552.164 + 1161.105 )/ 2 )
=-459.382/1356.6345
=-33.86 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2025) 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 -33.86% mean?
Northern Data AG (FRA:NB2) has a ROCE % of -33.86% as of Dec. 2025.
Is Northern Data AG's ROCE % too high?
Northern Data AG's current ROCE % is -33.86%. Overall, Northern Data AG has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northern Data AG's ROCE % compare to IBM and ACN?
Northern Data AG's ROCE % of -33.86% can be compared against companies in the Software industry. The industry median ROCE % is 5.28. 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 Software company?
The median ROCE % among Software companies is 5.28, based on 2,711 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 Software industry, the median ROCE % is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Data AG's current ROCE % is -33.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Data AG stock overvalued right now?
Based on GuruFocus' analysis, Northern Data AG (FRA:NB2) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.07, compared to a current price of €8.10 — trading 10.7% below its estimated fair value. The current ROCE % is -33.86%. Northern Data AG's overall GF Score™ is 51/100 with 8 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 Northern Data AG (FRA:NB2), the current ROCE % is -33.86% as of Dec. 2025. 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 Northern Data AG (FRA:NB2) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Data AG stock appears to be undervalued. The current stock price of €8.10 is trading 10.7% below its estimated GF Value™ of €9.07. GuruFocus considers Northern Data AG to be Modestly Undervalued.

Key valuation signals for FRA:NB2:

  • ROCE %: -33.86%
  • GF Value™: €9.07 vs. price of €8.10 (10.7% below fair value)
  • GF Score™: 51/100 with 8 warning signs

No single metric tells the full story. See the FRA:NB2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Northern Data AG Business Description

Address An der Welle 3, Frankfurt, HE, DEU, 60322
Northern Data AG is a Business-to-Business technology company developing, using, and selling solutions on vertically integrated computing infrastructure. Its segment includes Peak Mining; Taiga Cloud and Ardent Data Centers. Geographically, it operates in Europe (excluding Germany), North America, and Germany. The company derives maximum revenue from Europe.
51GF Score

Get the complete analysis for FRA:NB2

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

€8.10
Price
€9.07
GF Value