Nampak (JSE:NPK) ROCE %: 23.89% (As of Mar. 2026)

What is Nampak ROCE %?

Nampak JSE:NPK +0.02% 56 ROCE % is 23.89% as of Mar. 2026. GuruFocus rates JSE:NPK with a GF Score™ of 56/100 and a GF Value™ of R471.12 (Fairly Valued). 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. Nampak's annualized ROCE % for the quarter that ended in Mar. 2026 was 23.89%.

Nampak (JSE:NPK) 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.

Nampak ROCE % Related Terms

Nampak ROCE % Historical Data

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The historical data trend for Nampak'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.

Nampak ROCE % Chart

Nampak Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

ROCE %

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8.20

5.89

-12.86

19.63

25.61

Nampak 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															20.48	20.91	25.64	27.11	23.89

56GF Score

Nampak Ltd JSE:NPK

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Nampak ROCE % Calculation

Nampak'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 )
	=	1988.3	/	( ( (11289.4 - 3463.4)	+	(10992.4 - 3293.7) )	/ 2 )
	=	1988.3	/	( (7826	+	7698.7)	/ 2 )
	=	1988.3	/	7762.35
	=	25.61 %

Nampak'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 )
	=	1827	/	( ( (10992.4 - 3293.7)	+	(10729.8 - 3134) )	/ 2 )
	=	1827	/	( ( 7698.7	+	7595.8 )	/ 2 )
	=	1827	/	7647.25
	=	23.89 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 23.89% mean?

Nampak (JSE:NPK) has a ROCE % of 23.89% as of Mar. 2026.

Is Nampak's ROCE % too high?

Nampak's current ROCE % is 23.89%. The Packaging & Containers industry median ROCE % is 7.18. Nampak's value of 23.89% is 233% above this industry median. Overall, Nampak has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Nampak's ROCE % compare to SW and PKG?

Nampak's ROCE % of 23.89% can be compared against companies in the Packaging & Containers industry. The industry median ROCE % is 7.18. Nampak's value of 23.89% is 233% 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 Packaging & Containers company?

The median ROCE % among Packaging & Containers companies is 7.18, based on 392 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. Nampak's current ROCE % of 23.89% is 233% 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 Packaging & Containers industry, the median ROCE % is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nampak's current ROCE % is 23.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nampak stock overvalued right now?

Based on GuruFocus' analysis, Nampak (JSE:NPK) is currently considered Fairly Valued. The stock's GF Value™ is R471.12, compared to a current price of R440.10 — trading 6.6% below its estimated fair value. The current ROCE % is 23.89% and 233% above the Packaging & Containers industry median of 7.18. Nampak's overall GF Score™ is 56/100 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 Nampak (JSE:NPK), the current ROCE % is 23.89% 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 Nampak (JSE:NPK) Overvalued in 2026?

Based on GuruFocus' analysis, Nampak stock appears to be undervalued. The current stock price of R440.10 is trading 6.6% below its estimated GF Value™ of R471.12. GuruFocus considers Nampak to be Fairly Valued.

Key valuation signals for JSE:NPK:

ROCE %: 23.89%
GF Value™: R471.12 vs. price of R440.10 (6.6% below fair value)
GF Score™: 56/100 with 5 warning signs
Industry Position: 233% above the Packaging & Containers median

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

Nampak Business Description

Industry Consumer Cyclical Packaging & Containers

Comparable Companies JSE:MPT JSE:TPC JSE:BCF SW PKG AMCR IP BALL AVY TSX:CCL.A CCK SZSE:002812 OHEL:STERV XSWX:SIGN SZSE:002831 SON REYN SLGN TSE:5901 OHEL:HUH1V

Address 1 Waterhouse Place, Office G6, Century, ZAF, 7441

Website https://www.nampak.com

Nampak Ltd is a metals packaging company in South Africa and Angola, and also has substantial positions in other metal packaging. It is the producer of two-piece tinplate cans and aluminium monobloc aerosol cans. The company's operating segments include Metals, which involves the manufacture of beverage cans, food cans, aerosol cans, and other metal packaging, and Corporate, which provides for head office activities, treasury, property services, and consolidation adjustments, including goodwill. The majority of revenue comes from the Metals segment and from South Africa.

56GF Score

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R440.10

Price

R471.12

GF Value

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