FTEK (Fuel Tech) ROCE %: -15.88% (As of Mar. 2026)

What is Fuel Tech ROCE %?

Fuel Tech FTEK -3.02% 63 ROCE % is -15.88% as of Mar. 2026. GuruFocus rates FTEK with a GF Score™ of 63/100 and a GF Value™ of $1.13 (Significantly Overvalued). 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. Fuel Tech's annualized ROCE % for the quarter that ended in Mar. 2026 was -15.88%.

Fuel Tech (NAS:FTEK) 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.

Fuel Tech ROCE % Related Terms

Fuel Tech ROCE % Historical Data

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The historical data trend for Fuel Tech'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.

Fuel Tech ROCE % Chart

Fuel Tech Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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0.24

-2.98

-3.22

-10.73

-8.78

Fuel Tech 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															-8.92	-12.44	0.04	-13.75	-15.88

63GF Score

Fuel Tech Inc FTEK

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Fuel Tech ROCE % Calculation

Fuel Tech'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 )
	=	-3.681	/	( ( (48.797 - 5.855)	+	(47.179 - 6.273) )	/ 2 )
	=	-3.681	/	( (42.942	+	40.906)	/ 2 )
	=	-3.681	/	41.924
	=	-8.78 %

Fuel Tech'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 )
	=	-6.384	/	( ( (47.179 - 6.273)	+	(44.487 - 4.988) )	/ 2 )
	=	-6.384	/	( ( 40.906	+	39.499 )	/ 2 )
	=	-6.384	/	40.2025
	=	-15.88 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -15.88% mean?

Fuel Tech (FTEK) has a ROCE % of -15.88% as of Mar. 2026.

Is Fuel Tech's ROCE % too high?

Fuel Tech's current ROCE % is -15.88%. Overall, Fuel Tech has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Fuel Tech's ROCE % compare to BCHT and SCWO?

Fuel Tech's ROCE % of -15.88% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for an Industrial Products company?

The median ROCE % among Industrial Products companies is 7.10, based on 3,032 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 Industrial Products industry, the median ROCE % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuel Tech's current ROCE % is -15.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Fuel Tech stock overvalued right now?

Based on GuruFocus' analysis, Fuel Tech (FTEK) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.13, compared to a current price of $1.94 — trading 71.7% above its estimated fair value. The current ROCE % is -15.88%. Fuel Tech's overall GF Score™ is 63/100 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 Fuel Tech (FTEK), the current ROCE % is -15.88% 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 Fuel Tech (FTEK) Overvalued in 2026?

Based on GuruFocus' analysis, Fuel Tech stock appears to be overvalued. The current stock price of $1.94 is trading 71.7% above its estimated GF Value™ of $1.13. GuruFocus considers Fuel Tech to be Significantly Overvalued.

Key valuation signals for FTEK:

ROCE %: -15.88%
GF Value™: $1.13 vs. price of $1.94 (71.7% above fair value)
GF Score™: 63/100 with 3 warning signs

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

Fuel Tech Business Description

Industry Industrials Industrial Products

Comparable Companies BCHT SCWO CLIR TOMZ RAIN BNET LIQT CLWT EESH QWTR VLTO SZSE:300390 ZWS TSE:6370 TSE:6368 OSTO:MTRS SHSE:600388 CECO HKSE:00586 TPE:6944

Other Exchanges FUE1:Germany

Address 27601 Bella Vista Parkway, Warrenville, IL, USA, 60555-1617

Website http://www.ftek.com

Fuel Tech Inc is a technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources. The Fuel Chem technology segment uses chemical processes in combination with Computational Fluid Dynamics and Chemical Kinetics Modeling for boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.

63GF Score

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

$1.94

Price

$1.13

GF Value

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