Befesa (MEX:BFSAN) ROCE %: 9.60% (As of Mar. 2026)


MEX:BFSAN Befesa SA MEX:BFSAN
75 GF Score
Price MXN600.57
GF Value MXN595.11
Valuation Fairly Valued
! 5 Warning Signs
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What is Befesa ROCE %?

Befesa MEX:BFSAN -16.49% 75 ROCE % is 9.60% as of Mar. 2026. GuruFocus rates MEX:BFSAN with a GF Score™ of 75/100 and a GF Value™ of MXN595.11 (Fairly Valued). 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. Befesa's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.60%.

Befesa  (MEX:BFSAN) 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.

Befesa ROCE % Related Terms

Befesa ROCE % Historical Data

* Premium members only.

The historical data trend for Befesa'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.

Befesa ROCE % Chart

Befesa 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 10.32 9.28 5.90 7.37 8.95

Befesa Quarterly Data
Jun21 Sep21 Dec21 Mar22 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 8.14 9.50 10.55 7.97 9.60
MEX:BFSAN
75GF Score
Befesa SA MEX:BFSAN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Befesa ROCE % Calculation

Befesa'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 )
=3160.338/( ( (43197.352 - 6557.272) + (39509.355 - 5533.569) )/ 2 )
=3160.338/( (36640.08+33975.786)/ 2 )
=3160.338/35307.933
=8.95 %

Befesa'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 )
=3261.728/( ( (39509.355 - 5533.569) + (40203.957 - 6198.266) )/ 2 )
=3261.728/( ( 33975.786 + 34005.691 )/ 2 )
=3261.728/33990.7385
=9.60 %

(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 9.60% mean?
Befesa (MEX:BFSAN) has a ROCE % of 9.60% as of Mar. 2026.
Is Befesa's ROCE % too high?
Befesa's current ROCE % is 9.60%. The Waste Management industry median ROCE % is 5.89. Befesa's value of 9.60% is 63.1% above this industry median. Overall, Befesa has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Befesa's ROCE % compare to WM and RSG?
Befesa's ROCE % of 9.60% can be compared against companies in the Waste Management industry. The industry median ROCE % is 5.89. Befesa's value of 9.60% is 63.1% 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 Waste Management company?
The median ROCE % among Waste Management companies is 5.89, based on 238 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. Befesa's current ROCE % of 9.60% is 63.1% 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 Waste Management industry, the median ROCE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Befesa's current ROCE % is 9.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Befesa stock overvalued right now?
Based on GuruFocus' analysis, Befesa (MEX:BFSAN) is currently considered Fairly Valued. The stock's GF Value™ is MXN595.11, compared to a current price of MXN600.57 — trading 0.9% above its estimated fair value. The current ROCE % is 9.60% and 63.1% above the Waste Management industry median of 5.89. Befesa's overall GF Score™ is 75/100 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 Befesa (MEX:BFSAN), the current ROCE % is 9.60% 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 Befesa (MEX:BFSAN) Overvalued in 2026?

Based on GuruFocus' analysis, Befesa stock appears to be overvalued. The current stock price of MXN600.57 is trading 0.9% above its estimated GF Value™ of MXN595.11. GuruFocus considers Befesa to be Fairly Valued.

Key valuation signals for MEX:BFSAN:

  • ROCE %: 9.60%
  • GF Value™: MXN595.11 vs. price of MXN600.57 (0.9% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 63.1% above the Waste Management median

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

Befesa Business Description

Address 68-70, Boulevard de la Petrusse, Grand Duchy of Luxembourg, Luxembourg, LUX, L-2320
Befesa SA provides sustainable services for the recycling of hazardous residues from the Steel & Aluminium industry. It operates in two business segments: Steel dust recycling services & Aluminum salt slags recycling services. In the Steel Dust Recycling segment, the company collects & recycles steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel. The Aluminum Salt Slags recycling services are divided into salt slags & secondary aluminum segments. Its secondary aluminum operations include the collection and recycling of aluminum scrap and other aluminum residues. Geographically, it generates the majority of its revenue from Spain, and also has a presence in Germany, Belgium, Finland, the Netherlands, Italy, France, and other countries.
75GF Score

Get the complete analysis for MEX:BFSAN

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

MXN600.57
Price
MXN595.11
GF Value