Clicks Group (JSE:CLS) ROCE %: 48.13% (As of Feb. 2026)


JSE:CLS Clicks Group Ltd JSE:CLS
85 GF Score
Price R226.64
GF Value R384.72
Valuation Significantly Undervalued
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What is Clicks Group ROCE %?

Clicks Group JSE:CLS -1.42% 85 ROCE % is 48.13% as of Feb. 2026. GuruFocus rates JSE:CLS with a GF Score™ of 85/100 and a GF Value™ of R384.72 (Significantly Undervalued).

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. Clicks Group's annualized ROCE % for the quarter that ended in Feb. 2026 was 48.13%.

Clicks Group  (JSE:CLS) 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.

Clicks Group ROCE % Related Terms

Clicks Group ROCE % Historical Data

* Premium members only.

The historical data trend for Clicks Group'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.

Clicks Group ROCE % Chart

Clicks Group Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.56 51.62 45.79 49.34 51.30

Clicks Group Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 47.00 55.38 46.99 55.55 48.13
JSE:CLS
85GF Score
Clicks Group Ltd JSE:CLS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Clicks Group ROCE % Calculation

Clicks Group's annualized ROCE % for the fiscal year that ended in Aug. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=4814.103/( ( (20817.141 - 11829.566) + (22591.916 - 12811.654) )/ 2 )
=4814.103/( (8987.575+9780.262)/ 2 )
=4814.103/9383.9185
=51.30 %

Clicks Group's ROCE % of for the quarter that ended in Feb. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=4595.684/( ( (22591.916 - 12811.654) + (23003.792 - 13688.94) )/ 2 )
=4595.684/( ( 9780.262 + 9314.852 )/ 2 )
=4595.684/9547.557
=48.13 %

(1) Note: The EBIT data used here is two times the semi-annual (Feb. 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 48.13% mean?
Clicks Group (JSE:CLS) has a ROCE % of 48.13% as of Feb. 2026.
Is Clicks Group's ROCE % too high?
Clicks Group's current ROCE % is 48.13%. The Healthcare Providers & Services industry median ROCE % is 6.41. Clicks Group's value of 48.13% is 650.9% above this industry median. Overall, Clicks Group has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clicks Group's ROCE % compare to competitors?
Clicks Group's ROCE % of 48.13% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROCE % is 6.41. Clicks Group's value of 48.13% is 650.9% 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 a Healthcare Providers & Services company?
The median ROCE % among Healthcare Providers & Services companies is 6.41, based on 648 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. Clicks Group's current ROCE % of 48.13% is 650.9% 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 Healthcare Providers & Services industry, the median ROCE % is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clicks Group's current ROCE % is 48.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clicks Group stock overvalued right now?
Based on GuruFocus' analysis, Clicks Group (JSE:CLS) is currently considered Significantly Undervalued. The stock's GF Value™ is R384.72, compared to a current price of R226.64 — trading 41.1% below its estimated fair value. The current ROCE % is 48.13% and 650.9% above the Healthcare Providers & Services industry median of 6.41. Clicks Group's overall GF Score™ is 85/100. 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 Clicks Group (JSE:CLS), the current ROCE % is 48.13% as of Feb. 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 Clicks Group (JSE:CLS) Overvalued in 2026?

Based on GuruFocus' analysis, Clicks Group stock appears to be undervalued. The current stock price of R226.64 is trading 41.1% below its estimated GF Value™ of R384.72. GuruFocus considers Clicks Group to be Significantly Undervalued.

Key valuation signals for JSE:CLS:

  • ROCE %: 48.13%
  • GF Value™: R384.72 vs. price of R226.64 (41.1% below fair value)
  • GF Score™: 85/100
  • Industry Position: 650.9% above the Healthcare Providers & Services median

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

Clicks Group Business Description

Address Cnr Searle and Pontac Streets, PO Box 5142, Cape Town, ZAF, 8001
Clicks Group Ltd operates prominently in health, beauty, and wellness retail across southern Africa. The company predominantly operates a retail pharmacy chain in South Africa, with a limited number of operations in bordering countries. The company has a portfolio of retail franchise brands including The Body Shop, M-Kem, and Sorbet among others. The company's business segments include Retail and Distribution. The company generates revenue from in-store and online sales of health, beauty, and wellness items, plus wholesale pharmaceutical distribution. Geographically, the maximum revenue is generated from South Africa.
85GF Score

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

R226.64
Price
R384.72
GF Value