Light (LGSXY) ROCE %: 3.35% (As of Mar. 2026)


LGSXY Light SA LGSXY
40 GF Score
Price $0.45
GF Value $0.83
Valuation Possible Value Trap
! 7 Warning Signs
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What is Light ROCE %?

Light LGSXY 40 ROCE % is 3.35% as of Mar. 2026. GuruFocus rates LGSXY with a GF Score™ of 40/100 and a GF Value™ of $0.83 (Possible Value Trap). The stock has 7 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. Light's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.35%.

Light  (OTCPK:LGSXY) 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.

Light ROCE % Related Terms

Light ROCE % Historical Data

* Premium members only.

The historical data trend for Light'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.

Light ROCE % Chart

Light 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 2.40 -23.00 12.81 13.13 6.28

Light 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 13.86 3.66 4.01 1.85 3.35
LGSXY
40GF Score
Light SA LGSXY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Light ROCE % Calculation

Light'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 )
=215.123/( ( (4154.018 - 825.15) + (4716.794 - 1192.484) )/ 2 )
=215.123/( (3328.868+3524.31)/ 2 )
=215.123/3426.589
=6.28 %

Light'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 )
=126.868/( ( (4716.794 - 1192.484) + (5408.301 - 1361.453) )/ 2 )
=126.868/( ( 3524.31 + 4046.848 )/ 2 )
=126.868/3785.579
=3.35 %

(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 3.35% mean?
Light (LGSXY) has a ROCE % of 3.35% as of Mar. 2026.
Is Light's ROCE % too high?
Light's current ROCE % is 3.35%. The Utilities - Independent Power Producers industry median ROCE % is 4.79. Light's value of 3.35% is 30.1% below this industry median. Overall, Light has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Light's ROCE % compare to competitors?
Light's ROCE % of 3.35% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.79. Light's value of 3.35% is 30.1% below 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 - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.79, based on 437 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. Light's current ROCE % of 3.35% is 30.1% below 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 - Independent Power Producers industry, the median ROCE % is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Light's current ROCE % is 3.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Light stock overvalued right now?
Based on GuruFocus' analysis, Light (LGSXY) is currently considered Possible Value Trap. The stock's GF Value™ is $0.83, compared to a current price of $0.45 — trading 45.8% below its estimated fair value. The current ROCE % is 3.35% and 30.1% below the Utilities - Independent Power Producers industry median of 4.79. Light's overall GF Score™ is 40/100 with 7 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 Light (LGSXY), the current ROCE % is 3.35% 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 Light (LGSXY) Overvalued in 2026?

Based on GuruFocus' analysis, Light stock appears to be undervalued. The current stock price of $0.45 is trading 45.8% below its estimated GF Value™ of $0.83. GuruFocus considers Light to be Possible Value Trap.

Key valuation signals for LGSXY:

  • ROCE %: 3.35%
  • GF Value™: $0.83 vs. price of $0.45 (45.8% below fair value)
  • GF Score™: 40/100 with 7 warning signs
  • Industry Position: 30.1% below the Utilities - Independent Power Producers median

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

Light Business Description

Other Exchanges LIGT3:Brazil
Address Rua Marechal Floriano, No. 168, block 1-2nd floor, Rio de Janeiro, RJ, BRA, 20080-002
Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. The company generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives maximum of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. The company operates in three segments namely: Distribution, Generation and Trading, out of which maximum revenue is generated from Distribution segment.
40GF Score

Get the complete analysis for LGSXY

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

$0.45
Price
$0.83
GF Value