discoverIE Group (LSE:DSCV) ROCE %: 9.86% (As of Mar. 2026)

What is discoverIE Group ROCE %?

discoverIE Group LSE:DSCV -2.16% 80 ROCE % is 9.86% as of Mar. 2026. GuruFocus rates LSE:DSCV with a GF Score™ of 80/100 and a GF Value™ of £6.89 (Fairly Valued). The stock has 8 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. discoverIE Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.86%.

discoverIE Group (LSE:DSCV) 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.

discoverIE Group ROCE % Related Terms

discoverIE Group ROCE % Historical Data

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The historical data trend for discoverIE 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.

discoverIE Group ROCE % Chart

discoverIE Group Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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5.89

8.65

7.52

9.38

9.70

discoverIE 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															5.52	9.63	9.59	9.63	9.86

80GF Score

discoverIE Group PLC LSE:DSCV

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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discoverIE Group ROCE % Calculation

discoverIE Group's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	47.9	/	( ( (695 - 195.5)	+	(694.6 - 206.2) )	/ 2 )
	=	47.9	/	( (499.5	+	488.4)	/ 2 )
	=	47.9	/	493.95
	=	9.70 %

discoverIE 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 )
	=	48.2	/	( ( (691.4 - 202.5)	+	(694.6 - 206.2) )	/ 2 )
	=	48.2	/	( ( 488.9	+	488.4 )	/ 2 )
	=	48.2	/	488.65
	=	9.86 %

(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 9.86% mean?

discoverIE Group (LSE:DSCV) has a ROCE % of 9.86% as of Mar. 2026.

Is discoverIE Group's ROCE % too high?

discoverIE Group's current ROCE % is 9.86%. The Hardware industry median ROCE % is 5.83. discoverIE Group's value of 9.86% is 69.1% above this industry median. Overall, discoverIE Group has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does discoverIE Group's ROCE % compare to APH and GLW?

discoverIE Group's ROCE % of 9.86% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. discoverIE Group's value of 9.86% is 69.1% 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. discoverIE Group's current ROCE % of 9.86% is 69.1% 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. discoverIE Group's current ROCE % is 9.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is discoverIE Group stock overvalued right now?

Based on GuruFocus' analysis, discoverIE Group (LSE:DSCV) is currently considered Fairly Valued. The stock's GF Value™ is £6.89, compared to a current price of £6.79 — trading 1.5% below its estimated fair value. The current ROCE % is 9.86% and 69.1% above the Hardware industry median of 5.83. discoverIE Group's overall GF Score™ is 80/100 with 8 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 discoverIE Group (LSE:DSCV), the current ROCE % is 9.86% 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 discoverIE Group (LSE:DSCV) Overvalued in 2026?

Based on GuruFocus' analysis, discoverIE Group stock appears to be undervalued. The current stock price of £6.79 is trading 1.5% below its estimated GF Value™ of £6.89. GuruFocus considers discoverIE Group to be Fairly Valued.

Key valuation signals for LSE:DSCV:

ROCE %: 9.86%
GF Value™: £6.89 vs. price of £6.79 (1.5% below fair value)
GF Score™: 80/100 with 8 warning signs
Industry Position: 69.1% above the Hardware median

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

discoverIE Group Business Description

Industry Technology Hardware

Comparable Companies LSE:GHH LSE:TTG LSE:SOLI LSE:KETL LSE:WPHO LSE:LST LSE:CPX LSE:RPI TPE:2308 APH GLW TPE:2317 TSE:6981 XKRX:009150 SZSE:002475 TEL TPE:2383 SZSE:002384 FLEX SZSE:300476

Other Exchanges DSCVl:UK 9A5:Germany

Address 2 Chancellor Court, Occam Road, Surrey Research Park, Guildford, Surrey, GBR, GU2 7AH

Website https://www.discoverieplc.com

discoverIE Group PLC is a United Kingdom-based electronics manufacturing company. The company designs, manufactures, and distributes customer-specific electronic components and solutions. The company's segments include the Magnetics and Controls division (M&C) and the Sensing and Connectivity division (S&C). The company generates the majority of revenue from the M&C segment. Geographically, the company operates in the UK, Europe, North America, Asia, and the Rest of the world.

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£6.79

Price

£6.89

GF Value

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