VTech Holdings (FRA:VTCB) ROCE %: 20.66% (As of Mar. 2026)


FRA:VTCB VTech Holdings Ltd FRA:VTCB
79 GF Score
Price €5.60
GF Value €5.57
Valuation Fairly Valued
! 3 Warning Signs
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What is VTech Holdings ROCE %?

VTech Holdings FRA:VTCB 79 ROCE % is 20.66% as of Mar. 2026. GuruFocus rates FRA:VTCB with a GF Score™ of 79/100 and a GF Value™ of €5.57 (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. VTech Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was 20.66%.


VTech Holdings  (FRA:VTCB) 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.


VTech Holdings ROCE % Related Terms


VTech Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for VTech Holdings'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.

VTech Holdings ROCE % Chart

VTech Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.85 22.07 24.49 24.18 21.55

VTech Holdings 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 21.72 27.30 21.37 24.03 20.66
FRA:VTCB
79GF Score
VTech Holdings Ltd FRA:VTCB
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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VTech Holdings ROCE % Calculation

VTech Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=147.742/( ( (1220.26 - 503.385) + (1123.548 - 469.003) )/ 2 )
=147.742/( (716.875+654.545)/ 2 )
=147.742/685.71
=21.55 %

VTech Holdings'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 )
=131.998/( ( (1189.733 - 566.495) + (1123.548 - 469.003) )/ 2 )
=131.998/( ( 623.238 + 654.545 )/ 2 )
=131.998/638.8915
=20.66 %

(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 20.66% mean?
VTech Holdings (FRA:VTCB) has a ROCE % of 20.66% as of Mar. 2026.
Is VTech Holdings' ROCE % too high?
VTech Holdings' current ROCE % is 20.66%. The Hardware industry median ROCE % is 5.83. VTech Holdings' value of 20.66% is 254.4% above this industry median. Overall, VTech Holdings has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VTech Holdings' ROCE % compare to CSCO and CIEN?
VTech Holdings' ROCE % of 20.66% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. VTech Holdings' value of 20.66% is 254.4% 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 Hardware company?
The median ROCE % among Hardware companies is 5.83, based on 2,445 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. VTech Holdings's current ROCE % of 20.66% is 254.4% 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 Hardware industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VTech Holdings's current ROCE % is 20.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VTech Holdings stock overvalued right now?
Based on GuruFocus' analysis, VTech Holdings (FRA:VTCB) is currently considered Fairly Valued. The stock's GF Value™ is €5.57, compared to a current price of €5.60 — trading 0.5% above its estimated fair value. The current ROCE % is 20.66% and 254.4% above the Hardware industry median of 5.83. VTech Holdings' overall GF Score™ is 79/100 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 VTech Holdings (FRA:VTCB), the current ROCE % is 20.66% 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 VTech Holdings (FRA:VTCB) Overvalued in 2026?

Based on GuruFocus' analysis, VTech Holdings stock appears to be overvalued. The current stock price of €5.60 is trading 0.5% above its estimated GF Value™ of €5.57. GuruFocus considers VTech Holdings to be Fairly Valued.

Key valuation signals for FRA:VTCB:

  • ROCE %: 20.66%
  • GF Value™: €5.57 vs. price of €5.60 (0.5% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 254.4% above the Hardware median

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


VTech Holdings Business Description

Address Block 1, 57 Ting Kok Road, 23rd Floor, Tai Ping Industrial Centre, Tai Po, New Territories, Hong Kong, HKG
VTech Holdings Ltd is engaged in the designing, manufacturing, and distribution of consumer electronic products. It also provides contract manufacturing services. The company's diverse collection of products includes Telephone Products, Business Phones, Electronic Learning Toys, Baby Monitors, and Hospitality Products. In addition, it offers turnkey services to customers in several product categories. The company operates through four reportable segments: North America, (including the United States and Canada), Europe, Asia Pacific, and Others, which covers sales of electronic products to the rest of the world. It generates maximum revenue from Europe.
79GF Score

Get the complete analysis for FRA:VTCB

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

€5.60
Price
€5.57
GF Value