Smart (J) (Contractors) (LSE:SMJ) ROCE %: 0.16% (As of Jan. 2026)

What is Smart (J) (Contractors) ROCE %?

Smart (J) (Contractors) LSE:SMJ 60 ROCE % is 0.16% as of Jan. 2026. GuruFocus rates LSE:SMJ with a GF Score™ of 60/100 and a GF Value™ of £2.17 (Significantly Undervalued). The stock has 1 warning sign 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. Smart (J) (Contractors)'s annualized ROCE % for the quarter that ended in Jan. 2026 was 0.16%.

Smart (J) (Contractors) (LSE:SMJ) 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.

Smart (J) (Contractors) ROCE % Related Terms

Smart (J) (Contractors) ROCE % Historical Data

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The historical data trend for Smart (J) (Contractors)'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.

Smart (J) (Contractors) ROCE % Chart

Smart (J) (Contractors) Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Jul25

ROCE %

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13.31

6.44

0.09

1.76

4.93

Smart (J) (Contractors) Semi-Annual Data
	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24	Jan25	Jul25	Jan26
ROCE %	Get a 7-Day Free Trial															0.32	3.22	0.20	9.70	0.16

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Smart (J) & Co (Contractors) PLC LSE:SMJ

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Smart (J) (Contractors) ROCE % Calculation

Smart (J) (Contractors)'s annualized ROCE % for the fiscal year that ended in Jul. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2025 )		(A: Jul. 2024 )		(A: Jul. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2025 )		(A: Jul. 2024 )		(A: Jul. 2025 )
	=	6.88	/	( ( (146.498 - 10.145)	+	(158.335 - 15.413) )	/ 2 )
	=	6.88	/	( (136.353	+	142.922)	/ 2 )
	=	6.88	/	139.6375
	=	4.93 %

Smart (J) (Contractors)'s ROCE % of for the quarter that ended in Jan. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2026 )		(Q: Jul. 2025 )		(Q: Jan. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2026 )		(Q: Jul. 2025 )		(Q: Jan. 2026 )
	=	0.224	/	( ( (158.335 - 15.413)	+	(152.08 - 9.491) )	/ 2 )
	=	0.224	/	( ( 142.922	+	142.589 )	/ 2 )
	=	0.224	/	142.7555
	=	0.16 %

(1) Note: The EBIT data used here is two times the semi-annual (Jan. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 0.16% mean?

Smart (J) (Contractors) (LSE:SMJ) has a ROCE % of 0.16% as of Jan. 2026.

Is Smart (J) (Contractors)'s ROCE % too high?

Smart (J) (Contractors)'s current ROCE % is 0.16%. The Construction industry median ROCE % is 8.22. Smart (J) (Contractors)'s value of 0.16% is 98.1% below this industry median. Overall, Smart (J) (Contractors) has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Smart (J) (Contractors)'s ROCE % compare to PWR and FIX?

Smart (J) (Contractors)'s ROCE % of 0.16% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. Smart (J) (Contractors)'s value of 0.16% is 98.1% 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 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. Smart (J) (Contractors)'s current ROCE % of 0.16% is 98.1% 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 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. Smart (J) (Contractors)'s current ROCE % is 0.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Smart (J) (Contractors) stock overvalued right now?

Based on GuruFocus' analysis, Smart (J) (Contractors) (LSE:SMJ) is currently considered Significantly Undervalued. The stock's GF Value™ is £2.17, compared to a current price of £1.13 — trading 48.2% below its estimated fair value. The current ROCE % is 0.16% and 98.1% below the Construction industry median of 8.22. Smart (J) (Contractors)'s overall GF Score™ is 60/100 with 1 warning sign 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 Smart (J) (Contractors) (LSE:SMJ), the current ROCE % is 0.16% as of Jan. 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 Smart (J) (Contractors) (LSE:SMJ) Overvalued in 2026?

Based on GuruFocus' analysis, Smart (J) (Contractors) stock appears to be undervalued. The current stock price of £1.13 is trading 48.2% below its estimated GF Value™ of £2.17. GuruFocus considers Smart (J) (Contractors) to be Significantly Undervalued.

Key valuation signals for LSE:SMJ:

ROCE %: 0.16%
GF Value™: £2.17 vs. price of £1.13 (48.2% below fair value)
GF Score™: 60/100 with 1 warning sign
Industry Position: 98.1% below the Construction median

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

Smart (J) (Contractors) Business Description

Industry Industrials Construction

Comparable Companies LSE:BILN LSE:VANL LSE:TGP LSE:NEXS LSE:CEPS LSE:BUC LSE:SFR PWR XPAR:DG FIX NSE:LT XAMS:FER XKRX:028260 XTER:HOT XMAD:ACS EME MTZ SHSE:601668 STRL XPAR:EN

Address 28 Cramond Road South, Edinburgh, GBR, EH4 6AB

Website https://www.jsmart.co.uk

Smart (J) & Co (Contractors) PLC is a construction company. Its activities include building and civil engineering contracting, a residential development for sale, and the development of industrial and commercial property for lease and sale. The main construction activity undertaken by the company is that of social housing for several housing associations and registered social landlords predominately in the Edinburgh area. It has a portfolio of self-financed industrial and commercial properties that are owned and managed by its subsidiary company. The investment properties are located throughout the central belt of Scotland and in the Edinburgh area.

60GF Score

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

£1.13

Price

£2.17

GF Value

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