IRDEF (Iren SpA) ROCE %: 8.98% (As of Mar. 2026)


IRDEF Iren SpA IRDEF
76 GF Score
Price $2.61
GF Value $2.23
! 4 Warning Signs
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What is Iren SpA ROCE %?

Iren SpA IRDEF -20.91% 76 ROCE % is 8.98% as of Mar. 2026. GuruFocus rates IRDEF with a GF Score™ of 76/100 and a GF Value™ of $2.23. The stock has 4 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. Iren SpA's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.98%.

Iren SpA  (OTCPK:IRDEF) 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.

Iren SpA ROCE % Related Terms

Iren SpA ROCE % Historical Data

* Premium members only.

The historical data trend for Iren SpA'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.

Iren SpA ROCE % Chart

Iren SpA 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 5.90 5.47 5.86 6.48 6.52

Iren SpA 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 10.52 4.62 3.88 5.73 8.98
IRDEF
76GF Score
Iren SpA IRDEF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Iren SpA ROCE % Calculation

Iren SpA'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 )
=674.068/( ( (12786.72 - 3330.403) + (14200.776 - 2976.59) )/ 2 )
=674.068/( (9456.317+11224.186)/ 2 )
=674.068/10340.2515
=6.52 %

Iren SpA'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 )
=1011.088/( ( (14200.776 - 2976.59) + (14413.568 - 3114.646) )/ 2 )
=1011.088/( ( 11224.186 + 11298.922 )/ 2 )
=1011.088/11261.554
=8.98 %

(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 8.98% mean?
Iren SpA (IRDEF) has a ROCE % of 8.98% as of Mar. 2026.
Is Iren SpA's ROCE % too high?
Iren SpA's current ROCE % is 8.98%. The Utilities - Regulated industry median ROCE % is 6.91. Iren SpA's value of 8.98% is 30% above this industry median. Overall, Iren SpA has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Iren SpA's ROCE % compare to SRE?
Iren SpA's ROCE % of 8.98% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. Iren SpA's value of 8.98% is 30% 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. Iren SpA's current ROCE % of 8.98% is 30% 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. Iren SpA's current ROCE % is 8.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iren SpA stock overvalued right now?
Iren SpA (IRDEF) has a current ROCE % of 8.98%. The stock's GF Value™ is $2.23, compared to a current price of $2.61 — trading 17% above its estimated fair value. The current ROCE % is 8.98% and 30% above the Utilities - Regulated industry median of 6.91. Iren SpA's overall GF Score™ is 76/100 with 4 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 Iren SpA (IRDEF), the current ROCE % is 8.98% 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 Iren SpA (IRDEF) Overvalued in 2026?

Based on GuruFocus' analysis, Iren SpA stock appears to be overvalued. The current stock price of $2.61 is trading 17% above its estimated GF Value™ of $2.23.

Key valuation signals for IRDEF:

  • ROCE %: 8.98%
  • GF Value™: $2.23 vs. price of $2.61 (17% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 30% above the Utilities - Regulated median

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

Iren SpA Business Description

Address Via Nubi di Magellano, 30, Reggio Emilia, ITA, 42123
Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.
76GF Score

Get the complete analysis for IRDEF

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

$2.61
Price
$2.23
GF Value