GDYN (Grid Dynamics Holdings) ROCE %: -2.65% (As of Mar. 2026)

What is Grid Dynamics Holdings ROCE %?

Grid Dynamics Holdings GDYN -2.48% 71 ROCE % is -2.65% as of Mar. 2026. GuruFocus rates GDYN with a GF Score™ of 71/100 and a GF Value™ of $13.00 (Significantly Undervalued). 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. Grid Dynamics Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was -2.65%.

Grid Dynamics Holdings (NAS:GDYN) 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.

Grid Dynamics Holdings ROCE % Related Terms

Grid Dynamics Holdings ROCE % Historical Data

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The historical data trend for Grid Dynamics 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.

Grid Dynamics Holdings ROCE % Chart

Grid Dynamics Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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0.03

-6.96

-1.20

0.06

-0.29

Grid Dynamics Holdings 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															-1.52	-0.09	-0.17	0.58	-2.65

71GF Score

Grid Dynamics Holdings Inc GDYN

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Grid Dynamics Holdings ROCE % Calculation

Grid Dynamics Holdings'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 )
	=	-1.595	/	( ( (592.192 - 55.544)	+	(612.89 - 52.114) )	/ 2 )
	=	-1.595	/	( (536.648	+	560.776)	/ 2 )
	=	-1.595	/	548.712
	=	-0.29 %

Grid Dynamics 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: 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 )
	=	-14.724	/	( ( (612.89 - 52.114)	+	(605.016 - 54.866) )	/ 2 )
	=	-14.724	/	( ( 560.776	+	550.15 )	/ 2 )
	=	-14.724	/	555.463
	=	-2.65 %

(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 -2.65% mean?

Grid Dynamics Holdings (GDYN) has a ROCE % of -2.65% as of Mar. 2026.

Is Grid Dynamics Holdings' ROCE % too high?

Grid Dynamics Holdings' current ROCE % is -2.65%. Overall, Grid Dynamics Holdings has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Grid Dynamics Holdings' ROCE % compare to TASK and IBEX?

Grid Dynamics Holdings' ROCE % of -2.65% can be compared against companies in the Software industry. The industry median ROCE % is 5.19. 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 5.19, based on 2,711 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 Software industry, the median ROCE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grid Dynamics Holdings's current ROCE % is -2.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Grid Dynamics Holdings stock overvalued right now?

Based on GuruFocus' analysis, Grid Dynamics Holdings (GDYN) is currently considered Significantly Undervalued. The stock's GF Value™ is $13.00, compared to a current price of $6.09 — trading 53.2% below its estimated fair value. The current ROCE % is -2.65%. Grid Dynamics Holdings' overall GF Score™ is 71/100 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 Grid Dynamics Holdings (GDYN), the current ROCE % is -2.65% 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 Grid Dynamics Holdings (GDYN) Overvalued in 2026?

Based on GuruFocus' analysis, Grid Dynamics Holdings stock appears to be undervalued. The current stock price of $6.09 is trading 53.2% below its estimated GF Value™ of $13.00. GuruFocus considers Grid Dynamics Holdings to be Significantly Undervalued.

Key valuation signals for GDYN:

ROCE %: -2.65%
GF Value™: $13.00 vs. price of $6.09 (53.2% below fair value)
GF Score™: 71/100 with 3 warning signs

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

Grid Dynamics Holdings Business Description

Industry Technology Software

Comparable Companies TASK IBEX FCCN TSSI HCKT TTGT UIS NABL VRRM CNDT IBM NSE:TCS ACN NSE:INFY TSE:6702 TSE:6701 NSE:HCLTECH FISV XMAD:AMS FIS

Other Exchanges 47E:Germany

Address 5000 Executive Parkway, Suite 520, San Ramon, CA, USA, 94583

Website https://www.griddynamics.com

Grid Dynamics Holdings Inc is a provider of technology consulting, platform and product engineering, and advanced analytics services. The company delivers tailored solutions in several industry verticals like Tech, Media and Telecom, Retail, Finance and Consumer Packaged goods (CPG)/manufacturing. The company derives maximum revenue from Retails. Geographically company earns revenue from North America, Europe and other regions.

71GF Score

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$6.09

Price

$13.00

GF Value

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