Smartbroker Holding AG (HAM:SB1) ROCE %: -19.14% (As of Jun. 2025)


HAM:SB1 Smartbroker Holding AG HAM:SB1
78 GF Score
Price €10.20
GF Value €10.78
! 3 Warning Signs
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What is Smartbroker Holding AG ROCE %?

Smartbroker Holding AG HAM:SB1 +0.49% 78 ROCE % is -19.14% as of Jun. 2025. GuruFocus rates HAM:SB1 with a GF Score™ of 78/100 and a GF Value™ of €10.78. 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. Smartbroker Holding AG's annualized ROCE % for the quarter that ended in Jun. 2025 was -19.14%.

Smartbroker Holding AG  (HAM:SB1) 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.

Smartbroker Holding AG ROCE % Related Terms

Smartbroker Holding AG ROCE % Historical Data

* Premium members only.

The historical data trend for Smartbroker Holding 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.

Smartbroker Holding AG ROCE % Chart

Smartbroker Holding AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.66 0.41 -15.29 -8.43 -2.73

Smartbroker Holding AG Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 -1.15 -15.90 -7.61 2.13 -19.14
HAM:SB1
78GF Score
Smartbroker Holding AG HAM:SB1
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Smartbroker Holding AG ROCE % Calculation

Smartbroker Holding AG'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 )
=-1.507/( ( (63.836 - 9.745) + (63.362 - 7.13) )/ 2 )
=-1.507/( (54.091+56.232)/ 2 )
=-1.507/55.1615
=-2.73 %

Smartbroker Holding AG's ROCE % of for the quarter that ended in Jun. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2025 )  (Q: Dec. 2024 )(Q: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2025 )  (Q: Dec. 2024 )(Q: Jun. 2025 )
=-10.112/( ( (63.362 - 7.13) + (55.435 - 5.978) )/ 2 )
=-10.112/( ( 56.232 + 49.457 )/ 2 )
=-10.112/52.8445
=-19.14 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 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 -19.14% mean?
Smartbroker Holding AG (HAM:SB1) has a ROCE % of -19.14% as of Jun. 2025.
Is Smartbroker Holding AG's ROCE % too high?
Smartbroker Holding AG's current ROCE % is -19.14%. Overall, Smartbroker Holding AG has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Smartbroker Holding AG's ROCE % compare to SPGI and CME?
Smartbroker Holding AG's ROCE % of -19.14% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.58. 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 5.58, 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 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartbroker Holding AG's current ROCE % is -19.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartbroker Holding AG stock overvalued right now?
Smartbroker Holding AG (HAM:SB1) has a current ROCE % of -19.14%. The stock's GF Value™ is €10.78, compared to a current price of €10.20 — trading 5.4% below its estimated fair value. The current ROCE % is -19.14%. Smartbroker Holding AG's overall GF Score™ is 78/100 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 Smartbroker Holding AG (HAM:SB1), the current ROCE % is -19.14% as of Jun. 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.

Is Smartbroker Holding AG (HAM:SB1) Overvalued in 2026?

Based on GuruFocus' analysis, Smartbroker Holding AG stock appears to be undervalued. The current stock price of €10.20 is trading 5.4% below its estimated GF Value™ of €10.78.

Key valuation signals for HAM:SB1:

  • ROCE %: -19.14%
  • GF Value™: €10.78 vs. price of €10.20 (5.4% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the HAM:SB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Smartbroker Holding AG Business Description

Other Exchanges 0CDX:UKSB1:Germany
Address Ritterstrasse 11, Berlin, DEU, 10969
Smartbroker Holding AG operates as a trading portal. It offers information regarding market, economics and finance. The company also provides community news, commentary and analysis and security details to equities, commodities ETFs, funds and certificates.
78GF Score

Get the complete analysis for HAM:SB1

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

€10.20
Price
€10.78
GF Value