Trade & Value AG (HAM:TAV) ROCE %: 6.81% (As of Dec. 2025)


HAM:TAV Trade & Value AG HAM:TAV
38 GF Score
Price €1.60
GF Value €0.46
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Trade & Value AG ROCE %?

Trade & Value AG HAM:TAV 38 ROCE % is 6.81% as of Dec. 2025. GuruFocus rates HAM:TAV with a GF Score™ of 38/100 and a GF Value™ of €0.46 (Significantly Overvalued). The stock has 2 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. Trade & Value AG's annualized ROCE % for the quarter that ended in Dec. 2025 was 6.81%.

Trade & Value AG  (HAM:TAV) 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.

Trade & Value AG ROCE % Related Terms

Trade & Value AG ROCE % Historical Data

* Premium members only.

The historical data trend for Trade & Value 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.

Trade & Value AG ROCE % Chart

Trade & Value AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.04 -7.83 -5.86 -6.40 6.81

Trade & Value AG Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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 -7.04 -7.83 -5.86 -6.40 6.81
HAM:TAV
38GF Score
Trade & Value AG HAM:TAV
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Trade & Value AG ROCE % Calculation

Trade & Value AG'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 )
=0.036/( ( (0.531 - 0.013) + (0.558 - 0.018) )/ 2 )
=0.036/( (0.518+0.54)/ 2 )
=0.036/0.529
=6.81 %

Trade & Value AG's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=0.036/( ( (0.531 - 0.013) + (0.558 - 0.018) )/ 2 )
=0.036/( ( 0.518 + 0.54 )/ 2 )
=0.036/0.529
=6.81 %

(1) Note: The EBIT data used here is one times the annual (Dec. 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 6.81% mean?
Trade & Value AG (HAM:TAV) has a ROCE % of 6.81% as of Dec. 2025.
Is Trade & Value AG's ROCE % too high?
Trade & Value AG's current ROCE % is 6.81%. The Asset Management industry median ROCE % is 4.46. Trade & Value AG's value of 6.81% is 52.7% above this industry median. Overall, Trade & Value AG has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trade & Value AG's ROCE % compare to BLK and BX?
Trade & Value AG's ROCE % of 6.81% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.46. Trade & Value AG's value of 6.81% is 52.7% 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 4.46, based on 707 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. Trade & Value AG's current ROCE % of 6.81% is 52.7% 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 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trade & Value AG's current ROCE % is 6.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trade & Value AG stock overvalued right now?
Based on GuruFocus' analysis, Trade & Value AG (HAM:TAV) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.46, compared to a current price of €1.60 — trading 247.8% above its estimated fair value. The current ROCE % is 6.81% and 52.7% above the Asset Management industry median of 4.46. Trade & Value AG's overall GF Score™ is 38/100 with 2 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 Trade & Value AG (HAM:TAV), the current ROCE % is 6.81% as of Dec. 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 Trade & Value AG (HAM:TAV) Overvalued in 2026?

Based on GuruFocus' analysis, Trade & Value AG stock appears to be overvalued. The current stock price of €1.60 is trading 247.8% above its estimated GF Value™ of €0.46. GuruFocus considers Trade & Value AG to be Significantly Overvalued.

Key valuation signals for HAM:TAV:

  • ROCE %: 6.81%
  • GF Value™: €0.46 vs. price of €1.60 (247.8% above fair value)
  • GF Score™: 38/100 with 2 warning signs
  • Industry Position: 52.7% above the Asset Management median

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

Trade & Value AG Business Description

Address Am Hayengraben 7, Oldenburg, DEU, 26135
Trade & Value AG is an asset management company operating in Germany. The company focuses on investing in valued companies, undervalued assets, and turnaround stocks.
38GF Score

Get the complete analysis for HAM:TAV

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

€1.60
Price
€0.46
GF Value