Ace Digital AS (FRA:ZR9) ROCE %: -115.35% (As of Dec. 2025)

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FRA:ZR9 Ace Digital AS FRA:ZR9
12 GF Score
Price €0.03
! 3 Warning Signs
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What is Ace Digital AS ROCE %?

Ace Digital AS FRA:ZR9 +3.92% 12 ROCE % is -115.35% as of Dec. 2025. GuruFocus rates FRA:ZR9 with a GF Score™ of 12/100. 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. Ace Digital AS's annualized ROCE % for the quarter that ended in Dec. 2025 was -115.35%.

Ace Digital AS  (FRA:ZR9) 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.

Ace Digital AS ROCE % Related Terms

Ace Digital AS ROCE % Historical Data

* Premium members only.

The historical data trend for Ace Digital AS'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.

Ace Digital AS ROCE % Chart

Ace Digital AS Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROCE %
0.00 0.00 0.00 -115.35

Ace Digital AS Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
ROCE % 0.00 0.00 0.00 -115.35
FRA:ZR9
12GF Score
Ace Digital AS FRA:ZR9
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ace Digital AS ROCE % Calculation

Ace Digital AS'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 )
=-2.476/( ( (0.984 - 0.985) + (4.361 - 0.067) )/ 2 )
=-2.476/( (-0.001+4.294)/ 2 )
=-2.476/2.1465
=-115.35 %

Ace Digital AS'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 )
=-2.476/( ( (0.984 - 0.985) + (4.361 - 0.067) )/ 2 )
=-2.476/( ( -0.001 + 4.294 )/ 2 )
=-2.476/2.1465
=-115.35 %

(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 -115.35% mean?
Ace Digital AS (FRA:ZR9) has a ROCE % of -115.35% as of Dec. 2025.
Is Ace Digital AS's ROCE % too high?
Ace Digital AS's current ROCE % is -115.35%. Overall, Ace Digital AS has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ace Digital AS's ROCE % compare to MS and GS?
Ace Digital AS's ROCE % of -115.35% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 6.04. 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 Capital Markets company?
The median ROCE % among Capital Markets companies is 6.04, based on 690 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 Capital Markets industry, the median ROCE % is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ace Digital AS's current ROCE % is -115.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ace Digital AS stock overvalued right now?
Ace Digital AS (FRA:ZR9) has a current ROCE % of -115.35%. The current ROCE % is -115.35%. Ace Digital AS's overall GF Score™ is 12/100 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 Ace Digital AS (FRA:ZR9), the current ROCE % is -115.35% 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.

Ace Digital AS Business Description

Other Exchanges ACED:Norway
Address Haakon VIIs gate 1, Oslo, NOR, 0161
Ace Digital AS is an investment holding company. The company focuses on investing in and managing businesses in the Bitcoin ecosystem. The company's purpose is to be an attractive way to participate in that thesis - through a structure designed to do more than hold Bitcoin passively. It is building a Bitcoin platform. The company uses Bitcoin as a main asset while offering products and services.
12GF Score

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

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