KAL Group (JSE:KAL) ROCE %: 28.73% (As of Mar. 2026)

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JSE:KAL KAL Group Ltd JSE:KAL
93 GF Score
Price R50.00
GF Value R43.66
Valuation Modestly Overvalued
! 5 Warning Signs
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What is KAL Group ROCE %?

KAL Group JSE:KAL 93 ROCE % is 28.73% as of Mar. 2026. GuruFocus rates JSE:KAL with a GF Score™ of 93/100 and a GF Value™ of R43.66 (Modestly Overvalued). 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. KAL Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 28.73%.

KAL Group  (JSE:KAL) 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.

KAL Group ROCE % Related Terms

KAL Group ROCE % Historical Data

* Premium members only.

The historical data trend for KAL 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.

KAL Group ROCE % Chart

KAL Group 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 17.84 19.85 24.95 20.94 19.27

KAL Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 27.72 13.27 24.09 13.32 28.73
JSE:KAL
93GF Score
KAL Group Ltd JSE:KAL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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KAL Group ROCE % Calculation

KAL Group'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 )
=884.004/( ( (8214.962 - 3535.474) + (8229.855 - 3732.463) )/ 2 )
=884.004/( (4679.488+4497.392)/ 2 )
=884.004/4588.44
=19.27 %

KAL Group'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: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=1341.726/( ( (8229.855 - 3732.463) + (8326.848 - 3485.236) )/ 2 )
=1341.726/( ( 4497.392 + 4841.612 )/ 2 )
=1341.726/4669.502
=28.73 %

(1) Note: The EBIT data used here is two times the semi-annual (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 28.73% mean?
KAL Group (JSE:KAL) has a ROCE % of 28.73% as of Mar. 2026.
Is KAL Group's ROCE % too high?
KAL Group's current ROCE % is 28.73%. The Retail - Cyclical industry median ROCE % is 7.70. KAL Group's value of 28.73% is 273.4% above this industry median. Overall, KAL Group has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KAL Group's ROCE % compare to CASY and WSM?
KAL Group's ROCE % of 28.73% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.70. KAL Group's value of 28.73% is 273.4% 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 Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.70, based on 1,122 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. KAL Group's current ROCE % of 28.73% is 273.4% 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 Retail - Cyclical industry, the median ROCE % is 7.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KAL Group's current ROCE % is 28.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KAL Group stock overvalued right now?
Based on GuruFocus' analysis, KAL Group (JSE:KAL) is currently considered Modestly Overvalued. The stock's GF Value™ is R43.66, compared to a current price of R50.00 — trading 14.5% above its estimated fair value. The current ROCE % is 28.73% and 273.4% above the Retail - Cyclical industry median of 7.70. KAL Group's overall GF Score™ is 93/100 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 KAL Group (JSE:KAL), the current ROCE % is 28.73% 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 KAL Group (JSE:KAL) Overvalued in 2026?

Based on GuruFocus' analysis, KAL Group stock appears to be overvalued. The current stock price of R50.00 is trading 14.5% above its estimated GF Value™ of R43.66. GuruFocus considers KAL Group to be Modestly Overvalued.

Key valuation signals for JSE:KAL:

  • ROCE %: 28.73%
  • GF Value™: R43.66 vs. price of R50.00 (14.5% above fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 273.4% above the Retail - Cyclical median

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

KAL Group Business Description

Address 1 Westhoven Street, Suite 110, , Private Bag X3041, Cape Winelands, Paarl, WC, ZAF, 7646
KAL Group Ltd is a lifestyle retailer offering agricultural inputs, fuel (farm and retail), and general and convenience retail products to consumers across Southern Africa. Its segments include Agrimark, PEG, Agrimark Grain and Manufacturing. The majority of the company's revenue is derived from the PEG segment, which operates retail fuel outlets, including convenience stores and quick-service restaurant locations, serving a broad customer base. Geographically, it generates the maximum revenue from South Africa and the rest from Namibia.
93GF Score

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

R50.00
Price
R43.66
GF Value