Ocado Group (LSE:OCDO) ROCE %: -6.56% (As of Nov. 2025)


LSE:OCDO Ocado Group PLC LSE:OCDO
48 GF Score
Price £1.73
GF Value £3.35
Valuation Possible Value Trap
! 6 Warning Signs
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What is Ocado Group ROCE %?

Ocado Group LSE:OCDO -2.98% 48 ROCE % is -6.56% as of Nov. 2025. GuruFocus rates LSE:OCDO with a GF Score™ of 48/100 and a GF Value™ of £3.35 (Possible Value Trap). The stock has 6 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. Ocado Group's annualized ROCE % for the quarter that ended in Nov. 2025 was -6.56%.

Ocado Group  (LSE:OCDO) 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.

Ocado Group ROCE % Related Terms

Ocado Group ROCE % Historical Data

* Premium members only.

The historical data trend for Ocado 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.

Ocado Group ROCE % Chart

Ocado Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.84 -10.11 -4.98 -6.41 -6.19

Ocado Group Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 2.16 -5.26 -7.75 -5.68 -6.56
LSE:OCDO
48GF Score
Ocado Group PLC LSE:OCDO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ocado Group ROCE % Calculation

Ocado Group's annualized ROCE % for the fiscal year that ended in Nov. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=-236.5/( ( (4156.5 - 324.9) + (4279 - 469.2) )/ 2 )
=-236.5/( (3831.6+3809.8)/ 2 )
=-236.5/3820.7
=-6.19 %

Ocado Group's ROCE % of for the quarter that ended in Nov. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Nov. 2025 )  (Q: May. 2025 )(Q: Nov. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Nov. 2025 )  (Q: May. 2025 )(Q: Nov. 2025 )
=-253.2/( ( (4394.6 - 484.7) + (4279 - 469.2) )/ 2 )
=-253.2/( ( 3909.9 + 3809.8 )/ 2 )
=-253.2/3859.85
=-6.56 %

(1) Note: The EBIT data used here is two times the semi-annual (Nov. 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 -6.56% mean?
Ocado Group (LSE:OCDO) has a ROCE % of -6.56% as of Nov. 2025.
Is Ocado Group's ROCE % too high?
Ocado Group's current ROCE % is -6.56%. Overall, Ocado Group has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocado Group's ROCE % compare to KR and SFM?
Ocado Group's ROCE % of -6.56% can be compared against companies in the Retail - Defensive industry. The industry median ROCE % is 8.98. 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 Retail - Defensive company?
The median ROCE % among Retail - Defensive companies is 8.98, based on 307 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. 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 Retail - Defensive industry, the median ROCE % is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocado Group's current ROCE % is -6.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocado Group stock overvalued right now?
Based on GuruFocus' analysis, Ocado Group (LSE:OCDO) is currently considered Possible Value Trap. The stock's GF Value™ is £3.35, compared to a current price of £1.73 — trading 48.4% below its estimated fair value. The current ROCE % is -6.56%. Ocado Group's overall GF Score™ is 48/100 with 6 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 Ocado Group (LSE:OCDO), the current ROCE % is -6.56% as of Nov. 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 Ocado Group (LSE:OCDO) Overvalued in 2026?

Based on GuruFocus' analysis, Ocado Group stock appears to be undervalued. The current stock price of £1.73 is trading 48.4% below its estimated GF Value™ of £3.35. GuruFocus considers Ocado Group to be Possible Value Trap.

Key valuation signals for LSE:OCDO:

  • ROCE %: -6.56%
  • GF Value™: £3.35 vs. price of £1.73 (48.4% below fair value)
  • GF Score™: 48/100 with 6 warning signs

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

Ocado Group Business Description

Address Mosquito Way, Buildings One and Two Trident Place, Hatfield Business Park, Hatfield, Hertfordshire, GBR, AL10 9UL
Founded in 2000, Ocado provides automation and logistics solutions to grocers. Ocado operates in two segments: logistics and solutions. Logistics provides fulfillment and delivery services in the United Kingdom. Solutions is based on the Ocado Smart Platform, a modular, automated online retail fulfillment and delivery solution that provides software, fulfillment hardware, and support services to corporate customers in return for upfront and recurring fees. Partners include leading grocers around the world, like Sobeys, Morrisons, ICA, Groupe Casino, Bon Preu, Kroger, and Coles. Ocado also has a 50% stake in Ocado Retail, a pure-play e-grocery business. The other 50% is owned by Marks & Spencer.
48GF Score

Get the complete analysis for LSE:OCDO

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

£1.73
Price
£3.35
GF Value