NCC Group (FRA:NZB) ROCE %: 10.79% (As of Mar. 2026)


FRA:NZB NCC Group PLC FRA:NZB
66 GF Score
Price €1.38
GF Value €1.40
Valuation Fairly Valued
! 3 Warning Signs
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What is NCC Group ROCE %?

NCC Group FRA:NZB +0.73% 66 ROCE % is 10.79% as of Mar. 2026. GuruFocus rates FRA:NZB with a GF Score™ of 66/100 and a GF Value™ of €1.40 (Fairly Valued). The stock has 3 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. NCC Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.79%.

NCC Group  (FRA:NZB) 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.

NCC Group ROCE % Related Terms

NCC Group ROCE % Historical Data

* Premium members only.

The historical data trend for NCC Group'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.

NCC Group ROCE % Chart

NCC Group Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 Sep25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.20 9.17 0.31 -6.12 -2.20

NCC Group Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 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 0.11 -12.85 12.71 -18.71 10.79
FRA:NZB
66GF Score
NCC Group PLC FRA:NZB
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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NCC Group ROCE % Calculation

NCC Group'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: May. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: May. 2024 )(A: Sep. 2025 )
=-7.023/( ( (506.704 - 132.961) + (395.259 - 131.024) )/ 2 )
=-7.023/( (373.743+264.235)/ 2 )
=-7.023/318.989
=-2.20 %

NCC Group'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 )
=27.45/( ( (395.259 - 131.024) + (422.235 - 177.844) )/ 2 )
=27.45/( ( 264.235 + 244.391 )/ 2 )
=27.45/254.313
=10.79 %

(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 10.79% mean?
NCC Group (FRA:NZB) has a ROCE % of 10.79% as of Mar. 2026.
Is NCC Group's ROCE % too high?
NCC Group's current ROCE % is 10.79%. The Software industry median ROCE % is 5.18. NCC Group's value of 10.79% is 108.5% above this industry median. Overall, NCC Group has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NCC Group's ROCE % compare to MSFT and ORCL?
NCC Group's ROCE % of 10.79% can be compared against companies in the Software industry. The industry median ROCE % is 5.18. NCC Group's value of 10.79% is 108.5% 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 Software company?
The median ROCE % among Software companies is 5.18, based on 2,710 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. NCC Group's current ROCE % of 10.79% is 108.5% 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 Software industry, the median ROCE % is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCC Group's current ROCE % is 10.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCC Group stock overvalued right now?
Based on GuruFocus' analysis, NCC Group (FRA:NZB) is currently considered Fairly Valued. The stock's GF Value™ is €1.40, compared to a current price of €1.38 — trading 1.4% below its estimated fair value. The current ROCE % is 10.79% and 108.5% above the Software industry median of 5.18. NCC Group's overall GF Score™ is 66/100 with 3 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 NCC Group (FRA:NZB), the current ROCE % is 10.79% 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 NCC Group (FRA:NZB) Overvalued in 2026?

Based on GuruFocus' analysis, NCC Group stock appears to be undervalued. The current stock price of €1.38 is trading 1.4% below its estimated GF Value™ of €1.40. GuruFocus considers NCC Group to be Fairly Valued.

Key valuation signals for FRA:NZB:

  • ROCE %: 10.79%
  • GF Value™: €1.40 vs. price of €1.38 (1.4% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 108.5% above the Software median

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

NCC Group Business Description

Other Exchanges NCCGF:USANCCl:UKNCC:UK
Address 2 Hardman Boulevard, XYZ Building, Spinningfields, Manchester, GBR, M3 3AQ
NCC Group PLC is a holding company. The provision of independent advice and services to customers through the provision of software resilience and Cyber Security services. The Group reports its business segment: the Cyber Security division. The reporting segments provide distinct types of service, and within the reporting segments, the operating segment provide a homogeneous group of services. The company operates in the UK, North America, APAC, and Europe, and the majority of revenue comes from the UK.
66GF Score

Get the complete analysis for FRA:NZB

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

€1.38
Price
€1.40
GF Value