Gulf Marine Services (LSE:GMS) ROCE %: 8.74% (As of Dec. 2025)


LSE:GMS Gulf Marine Services PLC LSE:GMS
55 GF Score
Price £0.19
GF Value £0.17
Valuation Fairly Valued
! 3 Warning Signs
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What is Gulf Marine Services ROCE %?

Gulf Marine Services LSE:GMS +1.41% 55 ROCE % is 8.74% as of Dec. 2025. GuruFocus rates LSE:GMS with a GF Score™ of 55/100 and a GF Value™ of £0.17 (Fairly Valued). The stock has 3 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. Gulf Marine Services's annualized ROCE % for the quarter that ended in Dec. 2025 was 8.74%.

Gulf Marine Services  (LSE:GMS) 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.

Gulf Marine Services ROCE % Related Terms

Gulf Marine Services ROCE % Historical Data

* Premium members only.

The historical data trend for Gulf Marine Services'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.

Gulf Marine Services ROCE % Chart

Gulf Marine Services 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 8.38 7.69 12.63 11.34 8.15

Gulf Marine Services Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 17.00 9.35 18.54 7.99 8.74
LSE:GMS
55GF Score
Gulf Marine Services PLC LSE:GMS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gulf Marine Services ROCE % Calculation

Gulf Marine Services'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 )
=36.601/( ( (540.361 - 79.509) + (522.845 - 85.788) )/ 2 )
=36.601/( (460.852+437.057)/ 2 )
=36.601/448.9545
=8.15 %

Gulf Marine Services's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=37.484/( ( (493.793 - 72.611) + (522.845 - 85.788) )/ 2 )
=37.484/( ( 421.182 + 437.057 )/ 2 )
=37.484/429.1195
=8.74 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 8.74% mean?
Gulf Marine Services (LSE:GMS) has a ROCE % of 8.74% as of Dec. 2025.
Is Gulf Marine Services' ROCE % too high?
Gulf Marine Services' current ROCE % is 8.74%. The Oil & Gas industry median ROCE % is 6.79. Gulf Marine Services' value of 8.74% is 28.7% above this industry median. Overall, Gulf Marine Services has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gulf Marine Services' ROCE % compare to SLB and BKR?
Gulf Marine Services' ROCE % of 8.74% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Gulf Marine Services' value of 8.74% is 28.7% 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 an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.79, based on 977 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. Gulf Marine Services's current ROCE % of 8.74% is 28.7% 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 Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Marine Services's current ROCE % is 8.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Marine Services stock overvalued right now?
Based on GuruFocus' analysis, Gulf Marine Services (LSE:GMS) is currently considered Fairly Valued. The stock's GF Value™ is £0.17, compared to a current price of £0.19 — trading 9.6% above its estimated fair value. The current ROCE % is 8.74% and 28.7% above the Oil & Gas industry median of 6.79. Gulf Marine Services' overall GF Score™ is 55/100 with 3 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 Gulf Marine Services (LSE:GMS), the current ROCE % is 8.74% as of Dec. 2025. 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 Gulf Marine Services (LSE:GMS) Overvalued in 2026?

Based on GuruFocus' analysis, Gulf Marine Services stock appears to be overvalued. The current stock price of £0.19 is trading 9.6% above its estimated GF Value™ of £0.17. GuruFocus considers Gulf Marine Services to be Fairly Valued.

Key valuation signals for LSE:GMS:

  • ROCE %: 8.74%
  • GF Value™: £0.17 vs. price of £0.19 (9.6% above fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 28.7% above the Oil & Gas median

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

Gulf Marine Services Business Description

Industry EnergyOil & Gas
Other Exchanges GMSl:UKG0M:Germany
Address P.O. Box 46046, Abu Dhabi, ARE
Gulf Marine Services PLC is a United Kingdom-based operator of self-propelled and self-elevating support vessels (SESVs). Its assets provide a stable platform for the delivery of a range of services performed by the company's clients throughout the total lifecycle of offshore oil, gas, and renewable energy activities. Its operating business segments include Six K-Class vessels, which include the Kamikaze, Kikuyu, Kawawa, Kudeta, Keloa, and Pepper vessels; Three S-Class vessels, which include the Shamal, Scirocco, and Sharqi vessels; Five E-Class vessels, which include the Endeavour, Endurance, Enterprise, and Evolution vessels; and the Other vessels segment.
55GF Score

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

£0.19
Price
£0.17
GF Value