Norcros (LSE:NXR) ROCE %: 4.95% (As of Mar. 2026)

What is Norcros ROCE %?

Norcros LSE:NXR -3.01% 74 ROCE % is 4.95% as of Mar. 2026. GuruFocus rates LSE:NXR with a GF Score™ of 74/100 and a GF Value™ of £2.51 (Modestly 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. Norcros's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.95%.

Norcros (LSE:NXR) 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.

Norcros ROCE % Related Terms

Norcros ROCE % Historical Data

* Premium members only.

The historical data trend for Norcros'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.

Norcros ROCE % Chart

Norcros Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

Get a 7-Day Free Trial

15.72

9.60

12.28

3.23

6.97

Norcros 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															15.21	-4.92	11.94	9.92	4.95

74GF Score

Norcros PLC LSE:NXR

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

View Full Analysis

Norcros ROCE % Calculation

Norcros'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 )
	=	22	/	( ( (388 - 95.2)	+	(444.6 - 105.9) )	/ 2 )
	=	22	/	( (292.8	+	338.7)	/ 2 )
	=	22	/	315.75
	=	6.97 %

Norcros'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 )
	=	15.4	/	( ( (377.5 - 93.8)	+	(444.6 - 105.9) )	/ 2 )
	=	15.4	/	( ( 283.7	+	338.7 )	/ 2 )
	=	15.4	/	311.2
	=	4.95 %

(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 4.95% mean?

Norcros (LSE:NXR) has a ROCE % of 4.95% as of Mar. 2026.

Is Norcros' ROCE % too high?

Norcros' current ROCE % is 4.95%. The Construction industry median ROCE % is 8.22. Norcros' value of 4.95% is 39.8% below this industry median. Overall, Norcros has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Norcros' ROCE % compare to TT and JCI?

Norcros' ROCE % of 4.95% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. Norcros' value of 4.95% is 39.8% 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 a Construction company?

The median ROCE % among Construction companies is 8.22, based on 1,749 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. Norcros's current ROCE % of 4.95% is 39.8% 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norcros's current ROCE % is 4.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Norcros stock overvalued right now?

Based on GuruFocus' analysis, Norcros (LSE:NXR) is currently considered Modestly Overvalued. The stock's GF Value™ is £2.51, compared to a current price of £2.90 — trading 15.5% above its estimated fair value. The current ROCE % is 4.95% and 39.8% below the Construction industry median of 8.22. Norcros' overall GF Score™ is 74/100 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 Norcros (LSE:NXR), the current ROCE % is 4.95% 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 Norcros (LSE:NXR) Overvalued in 2026?

Based on GuruFocus' analysis, Norcros stock appears to be overvalued. The current stock price of £2.90 is trading 15.5% above its estimated GF Value™ of £2.51. GuruFocus considers Norcros to be Modestly Overvalued.

Key valuation signals for LSE:NXR:

ROCE %: 4.95%
GF Value™: £2.51 vs. price of £2.90 (15.5% above fair value)
GF Score™: 74/100 with 5 warning signs
Industry Position: 39.8% below the Construction median

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

Norcros Business Description

Industry Industrials Construction

Comparable Companies LSE:SRAD LSE:ECEL LSE:NTBR LSE:TON LSE:HSM LSE:JHD LSE:GEN LSE:FAN TT JCI CARR XPAR:SGO TSE:6367 XSWX:GEBN LII MAIR DUB:KRX MAS CSL XSWX:BEAN

Other Exchanges NXRl:UK 3N1N:Germany

Address Station Road, Ladyfield House, Wilmslow, Cheshire, GBR, SK9 1BU

Website https://www.norcros.com

Norcros PLC manufactures and markets showers, taps, bathroom accessories, tiles, and adhesives. The company has complementary UK businesses: Triton Showers, Merlyn, Vado, Croydex, Abode, Johnson Tiles, and Norcros Adhesives both for domestic and commercial applications, and three complementary businesses in South Africa: Johnson Tiles South Africa, TAL, and Tile Africa. The Group operates in two main geographical areas: the UK and Ireland and South Africa. The maximum revenue is generated from its business in the United Kingdom.

74GF Score

Get the complete analysis for LSE:NXR

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

£2.90

Price

£2.51

GF Value

View LSE:NXR Analysis

See ROCE % data for all stocks →