KEYS (Keysight Technologies) ROCE %: 18.89% (As of Apr. 2026)


KEYS Keysight Technologies Inc KEYS
82 GF Score
Price $328.66
GF Value $197.99
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Keysight Technologies ROCE %?

Keysight Technologies KEYS -8.72% 82 ROCE % is 18.89% as of Apr. 2026. GuruFocus rates KEYS with a GF Score™ of 82/100 and a GF Value™ of $197.99 (Significantly 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. Keysight Technologies's annualized ROCE % for the quarter that ended in Apr. 2026 was 18.89%.

Keysight Technologies  (NYSE:KEYS) 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.

Keysight Technologies ROCE % Related Terms

Keysight Technologies ROCE % Historical Data

* Premium members only.

The historical data trend for Keysight Technologies'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.

Keysight Technologies ROCE % Chart

Keysight Technologies Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.27 20.72 21.54 13.11 13.62

Keysight Technologies Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 16.19 11.95 15.10 9.49 18.89
KEYS
82GF Score
Keysight Technologies Inc KEYS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Keysight Technologies ROCE % Calculation

Keysight Technologies's annualized ROCE % for the fiscal year that ended in Oct. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=1178/( ( (9269 - 1427) + (11301 - 1850) )/ 2 )
=1178/( (7842+9451)/ 2 )
=1178/8646.5
=13.62 %

Keysight Technologies's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=1772/( ( (11481 - 1805) + (11738 - 2649) )/ 2 )
=1772/( ( 9676 + 9089 )/ 2 )
=1772/9382.5
=18.89 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 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 18.89% mean?
Keysight Technologies (KEYS) has a ROCE % of 18.89% as of Apr. 2026.
Is Keysight Technologies' ROCE % too high?
Keysight Technologies' current ROCE % is 18.89%. The Hardware industry median ROCE % is 5.83. Keysight Technologies' value of 18.89% is 224% above this industry median. Overall, Keysight Technologies has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keysight Technologies' ROCE % compare to GRMN and COHR?
Keysight Technologies' ROCE % of 18.89% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. Keysight Technologies' value of 18.89% is 224% 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 Hardware company?
The median ROCE % among Hardware companies is 5.83, based on 2,445 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. Keysight Technologies's current ROCE % of 18.89% is 224% 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 Hardware industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keysight Technologies's current ROCE % is 18.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keysight Technologies stock overvalued right now?
Based on GuruFocus' analysis, Keysight Technologies (KEYS) is currently considered Significantly Overvalued. The stock's GF Value™ is $197.99, compared to a current price of $328.66 — trading 66% above its estimated fair value. The current ROCE % is 18.89% and 224% above the Hardware industry median of 5.83. Keysight Technologies' overall GF Score™ is 82/100 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 Keysight Technologies (KEYS), the current ROCE % is 18.89% as of Apr. 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 Keysight Technologies (KEYS) Overvalued in 2026?

Based on GuruFocus' analysis, Keysight Technologies stock appears to be overvalued. The current stock price of $328.66 is trading 66% above its estimated GF Value™ of $197.99. GuruFocus considers Keysight Technologies to be Significantly Overvalued.

Key valuation signals for KEYS:

  • ROCE %: 18.89%
  • GF Value™: $197.99 vs. price of $328.66 (66% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 224% above the Hardware median

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

Keysight Technologies Business Description

Address 1400 Fountaingrove Parkway, Santa Rosa, CA, USA, 95403
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.
82GF Score

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

$328.66
Price
$197.99
GF Value