GRAY (Grayscale Investments) ROCE %: 310.59% (As of Sep. 2025)

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What is Grayscale Investments ROCE %?

Grayscale Investments GRAY ROCE % is 310.59% as of Sep. 2025.

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. Grayscale Investments's annualized ROCE % for the quarter that ended in Sep. 2025 was 310.59%.

Grayscale Investments  (NYSE:GRAY) 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.

Grayscale Investments ROCE % Related Terms

Grayscale Investments ROCE % Historical Data

* Premium members only.

The historical data trend for Grayscale Investments'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.

Grayscale Investments ROCE % Chart

Grayscale Investments Annual Data
Trend Dec23 Dec24
ROCE %
450.28 402.60

Grayscale Investments Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
ROCE % Get a 7-Day Free Trial 0.00 332.75 301.09 242.78 310.59

Grayscale Investments ROCE % Calculation

Grayscale Investments's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=365.365/( ( (122.382 - 30.762) + (123.383 - 33.502) )/ 2 )
=365.365/( (91.62+89.881)/ 2 )
=365.365/90.7505
=402.60 %

Grayscale Investments's ROCE % of for the quarter that ended in Sep. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=320.7/( ( (123.01 - 29.027) + (141.186 - 28.658) )/ 2 )
=320.7/( ( 93.983 + 112.528 )/ 2 )
=320.7/103.2555
=310.59 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 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 310.59% mean?
Grayscale Investments (GRAY) has a ROCE % of 310.59% as of Sep. 2025.
Is Grayscale Investments' ROCE % too high?
Grayscale Investments' current ROCE % is 310.59%. The Asset Management industry median ROCE % is 4.88. Grayscale Investments' value of 310.59% is 6264.5% above this industry median.
How does Grayscale Investments' ROCE % compare to ?
Grayscale Investments' ROCE % of 310.59% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.88. Grayscale Investments' value of 310.59% is 6264.5% 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 an Asset Management company?
The median ROCE % among Asset Management companies is 4.88, based on 701 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. Grayscale Investments's current ROCE % of 310.59% is 6264.5% 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 Asset Management industry, the median ROCE % is 4.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grayscale Investments's current ROCE % is 310.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grayscale Investments stock overvalued right now?
Grayscale Investments (GRAY) has a current ROCE % of 310.59%. The current ROCE % is 310.59% and 6264.5% above the Asset Management industry median of 4.88. 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 Grayscale Investments (GRAY), the current ROCE % is 310.59% as of Sep. 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.

Grayscale Investments Business Description

Comparable Companies
Address 290 Harbor Drive, 4th Floor, Stamford, CT, USA, 06902
Grayscale Investments Inc is a digital asset-focused investment platform. Its platform spans the full spectrum of institutional-grade solutions, providing investors with the broadest and diverse suite of digital asset-focused investment products in the United States based on number of products. The company generates revenue from management fees. The company's key offerings include ETFs/ETPs, Publicly Traded Funds, and Private Funds.