Incap Oyj (LTS:0ERY) ROCE %: 12.56% (As of Mar. 2026)


LTS:0ERY Incap Oyj LTS:0ERY
90 GF Score
Price €8.74
GF Value €10.74
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Incap Oyj ROCE %?

Incap Oyj LTS:0ERY +0.46% 90 ROCE % is 12.56% as of Mar. 2026. GuruFocus rates LTS:0ERY with a GF Score™ of 90/100 and a GF Value™ of €10.74 (Modestly Undervalued). The stock has 2 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. Incap Oyj's annualized ROCE % for the quarter that ended in Mar. 2026 was 12.56%.


Incap Oyj  (LTS:0ERY) 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.


Incap Oyj ROCE % Related Terms


Incap Oyj ROCE % Historical Data

* Premium members only.

The historical data trend for Incap Oyj'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.

Incap Oyj ROCE % Chart

Incap Oyj 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 44.75 43.87 23.26 21.06 14.54

Incap Oyj Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 17.13 17.22 17.51 18.97 12.56
LTS:0ERY
90GF Score
Incap Oyj LTS:0ERY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Incap Oyj ROCE % Calculation

Incap Oyj'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 )
=23.835/( ( (214.82 - 49.983) + (207.557 - 44.446) )/ 2 )
=23.835/( (164.837+163.111)/ 2 )
=23.835/163.974
=14.54 %

Incap Oyj'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: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=23.156/( ( (207.557 - 44.446) + (262.703 - 57.038) )/ 2 )
=23.156/( ( 163.111 + 205.665 )/ 2 )
=23.156/184.388
=12.56 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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 12.56% mean?
Incap Oyj (LTS:0ERY) has a ROCE % of 12.56% as of Mar. 2026.
Is Incap Oyj's ROCE % too high?
Incap Oyj's current ROCE % is 12.56%. The Hardware industry median ROCE % is 5.83. Incap Oyj's value of 12.56% is 115.4% above this industry median. Overall, Incap Oyj has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Incap Oyj's ROCE % compare to APH and GLW?
Incap Oyj's ROCE % of 12.56% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. Incap Oyj's value of 12.56% is 115.4% 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. Incap Oyj's current ROCE % of 12.56% is 115.4% 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. Incap Oyj's current ROCE % is 12.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Incap Oyj stock overvalued right now?
Based on GuruFocus' analysis, Incap Oyj (LTS:0ERY) is currently considered Modestly Undervalued. The stock's GF Value™ is €10.74, compared to a current price of €8.74 — trading 18.6% below its estimated fair value. The current ROCE % is 12.56% and 115.4% above the Hardware industry median of 5.83. Incap Oyj's overall GF Score™ is 90/100 with 2 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 Incap Oyj (LTS:0ERY), the current ROCE % is 12.56% 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 Incap Oyj (LTS:0ERY) Overvalued in 2026?

Based on GuruFocus' analysis, Incap Oyj stock appears to be undervalued. The current stock price of €8.74 is trading 18.6% below its estimated GF Value™ of €10.74. GuruFocus considers Incap Oyj to be Modestly Undervalued.

Key valuation signals for LTS:0ERY:

  • ROCE %: 12.56%
  • GF Value™: €10.74 vs. price of €8.74 (18.6% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 115.4% above the Hardware median

No single metric tells the full story. See the LTS:0ERY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Incap Oyj Business Description

Other Exchanges ICP1V:FinlandI8J:Germany
Address Bulevardi 21, Helsinki, FIN, 00180
Incap Oyj operates as a full-service provider in Electronics Manufacturing Services (EMS), supporting customers ranging from large multinational corporations, mid-sized companies, and small start-ups across the complete manufacturing value chain. Its services include material procurement, prototyping and engineering, production ramp-up, serial production, design, project management, final assembly, testing, and logistics, along with key offerings such as prototyping and engineering, PCB assembly manufacturing, box-build assembly, and customised solutions. The Company operates across Europe, North America, Asia, Africa, and Australia, with Europe generating the majority of its revenue.
90GF Score

Get the complete analysis for LTS:0ERY

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

€8.74
Price
€10.74
GF Value