EVN AG (HAM:EVN) ROCE %: 8.35% (As of Mar. 2026)


HAM:EVN EVN AG HAM:EVN
73 GF Score
Price €28.50
GF Value €23.21
! 5 Warning Signs
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What is EVN AG ROCE %?

EVN AG HAM:EVN -0.18% 73 ROCE % is 8.35% as of Mar. 2026. GuruFocus rates HAM:EVN with a GF Score™ of 73/100 and a GF Value™ of €23.21. The stock has 5 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. EVN AG's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.35%.

EVN AG  (HAM:EVN) 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.

EVN AG ROCE % Related Terms

EVN AG ROCE % Historical Data

* Premium members only.

The historical data trend for EVN AG'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.

EVN AG ROCE % Chart

EVN AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.06 3.36 7.07 6.36 6.45

EVN AG 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 7.04 10.18 1.94 6.32 8.35
HAM:EVN
73GF Score
EVN AG HAM:EVN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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EVN AG ROCE % Calculation

EVN AG's annualized ROCE % for the fiscal year that ended in Sep. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=628.6/( ( (10913.6 - 1224.4) + (11030.7 - 1226.1) )/ 2 )
=628.6/( (9689.2+9804.6)/ 2 )
=628.6/9746.9
=6.45 %

EVN AG'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 )
=842.8/( ( (11233.8 - 1261.6) + (11184.4 - 970) )/ 2 )
=842.8/( ( 9972.2 + 10214.4 )/ 2 )
=842.8/10093.3
=8.35 %

(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 8.35% mean?
EVN AG (HAM:EVN) has a ROCE % of 8.35% as of Mar. 2026.
Is EVN AG's ROCE % too high?
EVN AG's current ROCE % is 8.35%. The Utilities - Regulated industry median ROCE % is 6.91. EVN AG's value of 8.35% is 20.8% above this industry median. Overall, EVN AG has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does EVN AG's ROCE % compare to SRE and AES?
EVN AG's ROCE % of 8.35% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. EVN AG's value of 8.35% is 20.8% 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 Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.91, based on 504 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. EVN AG's current ROCE % of 8.35% is 20.8% 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 Utilities - Regulated industry, the median ROCE % is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EVN AG's current ROCE % is 8.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EVN AG stock overvalued right now?
EVN AG (HAM:EVN) has a current ROCE % of 8.35%. The stock's GF Value™ is €23.21, compared to a current price of €28.50 — trading 22.8% above its estimated fair value. The current ROCE % is 8.35% and 20.8% above the Utilities - Regulated industry median of 6.91. EVN AG's overall GF Score™ is 73/100 with 5 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 EVN AG (HAM:EVN), the current ROCE % is 8.35% 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 EVN AG (HAM:EVN) Overvalued in 2026?

Based on GuruFocus' analysis, EVN AG stock appears to be overvalued. The current stock price of €28.50 is trading 22.8% above its estimated GF Value™ of €23.21.

Key valuation signals for HAM:EVN:

  • ROCE %: 8.35%
  • GF Value™: €23.21 vs. price of €28.50 (22.8% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 20.8% above the Utilities - Regulated median

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

EVN AG Business Description

Address EVN Platz, Maria Enzersdorf, AUT, A-2344
EVN AG is an Austrian-based utilities company that generates and distributes electricity and operates in natural gas, waste management, water supply, wastewater treatment and thermal waste utilization service. Evn operates in Austria, Bulgaria, North Macedonia, Croatia, Albania, and Germany. The company's operations are divided into segments that include Energy, Generation, Networks, South East Europe, Environment and All Other Segments, out of which South East Europe generates maximum revenue. The company earns majority revenue from Austria.
73GF Score

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

€28.50
Price
€23.21
GF Value