NCAB Group AB (FRA:XB1) ROCE %: 16.41% (As of Mar. 2026)


FRA:XB1 NCAB Group AB FRA:XB1
88 GF Score
Price €7.28
GF Value €5.83
Valuation Modestly Overvalued
! 8 Warning Signs
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What is NCAB Group AB ROCE %?

NCAB Group AB FRA:XB1 -3.58% 88 ROCE % is 16.41% as of Mar. 2026. GuruFocus rates FRA:XB1 with a GF Score™ of 88/100 and a GF Value™ of €5.83 (Modestly Overvalued). 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. NCAB Group AB's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.41%.

NCAB Group AB  (FRA:XB1) 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.

NCAB Group AB ROCE % Related Terms

NCAB Group AB ROCE % Historical Data

* Premium members only.

The historical data trend for NCAB Group AB'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.

NCAB Group AB ROCE % Chart

NCAB Group AB 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 31.51 30.64 25.99 16.04 12.56

NCAB Group AB 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 13.41 12.45 14.69 12.70 16.41
FRA:XB1
88GF Score
NCAB Group AB FRA:XB1
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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NCAB Group AB ROCE % Calculation

NCAB Group AB'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 )
=29.393/( ( (294.885 - 70.371) + (323.548 - 80.179) )/ 2 )
=29.393/( (224.514+243.369)/ 2 )
=29.393/233.9415
=12.56 %

NCAB Group AB'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 )
=41.256/( ( (323.548 - 80.179) + (348.685 - 89.33) )/ 2 )
=41.256/( ( 243.369 + 259.355 )/ 2 )
=41.256/251.362
=16.41 %

(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 16.41% mean?
NCAB Group AB (FRA:XB1) has a ROCE % of 16.41% as of Mar. 2026.
Is NCAB Group AB's ROCE % too high?
NCAB Group AB's current ROCE % is 16.41%. The Hardware industry median ROCE % is 5.81. NCAB Group AB's value of 16.41% is 182.4% above this industry median. Overall, NCAB Group AB has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCAB Group AB's ROCE % compare to APH and GLW?
NCAB Group AB's ROCE % of 16.41% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.81. NCAB Group AB's value of 16.41% is 182.4% 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 5.81, based on 2,449 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. NCAB Group AB's current ROCE % of 16.41% is 182.4% 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 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCAB Group AB's current ROCE % is 16.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCAB Group AB stock overvalued right now?
Based on GuruFocus' analysis, NCAB Group AB (FRA:XB1) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.83, compared to a current price of €7.28 — trading 24.9% above its estimated fair value. The current ROCE % is 16.41% and 182.4% above the Hardware industry median of 5.81. NCAB Group AB's overall GF Score™ is 88/100 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 NCAB Group AB (FRA:XB1), the current ROCE % is 16.41% 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 NCAB Group AB (FRA:XB1) Overvalued in 2026?

Based on GuruFocus' analysis, NCAB Group AB stock appears to be overvalued. The current stock price of €7.28 is trading 24.9% above its estimated GF Value™ of €5.83. GuruFocus considers NCAB Group AB to be Modestly Overvalued.

Key valuation signals for FRA:XB1:

  • ROCE %: 16.41%
  • GF Value™: €5.83 vs. price of €7.28 (24.9% above fair value)
  • GF Score™: 88/100 with 8 warning signs
  • Industry Position: 182.4% above the Hardware median

No single metric tells the full story. See the FRA:XB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NCAB Group AB Business Description

Other Exchanges NCAB:SwedenNCABs:UK0AAQ:UK
Address Lofstroms alle 5, Sundbyberg, SWE, 172 66
NCAB Group AB offers a broad range of printed circuit board (PCB) which, after receiving a customer order, are sourced from external manufacturers, predominantly located in China. It provides comprehensive services comprising design support, through prototyping, production and quality control. The operating activities are controlled in four segments; Nordic, Europe, East and North America. It generates key revenue from the Europe segment which includes the provision of a broad range of PCBs from the companies in the UK, Poland, France, Italy, Germany and Spain.
88GF Score

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

€7.28
Price
€5.83
GF Value