New Fortress Energy (MEX:NFE) ROCE %: -46.71% (As of Mar. 2026)

What is New Fortress Energy ROCE %?

New Fortress Energy MEX:NFE 23 ROCE % is -46.71% as of Mar. 2026. GuruFocus rates MEX:NFE with a GF Score™ of 23/100 and a GF Value™ of MXN148.62 (Possible Value Trap). The stock has 10 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. New Fortress Energy's annualized ROCE % for the quarter that ended in Mar. 2026 was -46.71%.

New Fortress Energy (MEX:NFE) 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.

New Fortress Energy ROCE % Related Terms

New Fortress Energy ROCE % Historical Data

* Premium members only.

The historical data trend for New Fortress Energy'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.

New Fortress Energy ROCE % Chart

New Fortress Energy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

6.29

4.44

11.44

0.91

-14.40

New Fortress Energy 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															0.52	-13.11	-4.83	-85.64	-46.71

23GF Score

New Fortress Energy Inc MEX:NFE

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

View Full Analysis

New Fortress Energy ROCE % Calculation

New Fortress Energy'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 )
	=	-19238.622	/	( ( (269522.903 - 36560.334)	+	(190061.381 - 155802.206) )	/ 2 )
	=	-19238.622	/	( (232962.569	+	34259.175)	/ 2 )
	=	-19238.622	/	133610.872
	=	-14.40 %

New Fortress Energy'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 )
	=	-14181.78	/	( ( (190061.381 - 155802.206)	+	(187437.979 - 160974.27) )	/ 2 )
	=	-14181.78	/	( ( 34259.175	+	26463.709 )	/ 2 )
	=	-14181.78	/	30361.442
	=	-46.71 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -46.71% mean?

New Fortress Energy (MEX:NFE) has a ROCE % of -46.71% as of Mar. 2026.

Is New Fortress Energy's ROCE % too high?

New Fortress Energy's current ROCE % is -46.71%. Overall, New Fortress Energy has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does New Fortress Energy's ROCE % compare to TORO and DLNG?

New Fortress Energy's ROCE % of -46.71% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for an Oil & Gas company?

The median ROCE % among Oil & Gas companies is 6.79, based on 977 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 Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Fortress Energy's current ROCE % is -46.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is New Fortress Energy stock overvalued right now?

Based on GuruFocus' analysis, New Fortress Energy (MEX:NFE) is currently considered Possible Value Trap. The stock's GF Value™ is MXN148.62, compared to a current price of MXN12.50 — trading 91.6% below its estimated fair value. The current ROCE % is -46.71%. New Fortress Energy's overall GF Score™ is 23/100 with 10 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 New Fortress Energy (MEX:NFE), the current ROCE % is -46.71% 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 New Fortress Energy (MEX:NFE) Overvalued in 2026?

Based on GuruFocus' analysis, New Fortress Energy stock appears to be undervalued. The current stock price of MXN12.50 is trading 91.6% below its estimated GF Value™ of MXN148.62. GuruFocus considers New Fortress Energy to be Possible Value Trap.

Key valuation signals for MEX:NFE:

ROCE %: -46.71%
GF Value™: MXN148.62 vs. price of MXN12.50 (91.6% below fair value)
GF Score™: 23/100 with 10 warning signs

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

New Fortress Energy Business Description

Industry Energy Oil & Gas

Comparable Companies TORO DLNG MMLP IMPP PXS TMDE BANL MARPS RBNE TOPS TSX:ENB WMB EPD TSX:TRP KMI ET MPLX TRGP OKE LNG

Other Exchanges NFE:USA NF0:Germany

Address 111 W. 19th Street, 8th Floor, New York, NY, USA, 10011

Website https://www.newfortressenergy.com

New Fortress Energy Inc is an integrated gas-to-power company. It owns and operates natural gas and liquefied natural gas (LNG) infrastructure, and an integrated fleet of ships and logistics assets to deliver turnkey energy solutions to markets globally. The company's reportable segments are: Terminals and Infrastructure, and Ships. Maximum revenue is generated from the Terminals and Infrastructure segment, which includes vertically integrated gas-to-power solutions, spanning the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities, and conversion or development of natural gas-fired power generation. Vessels that are utilized in the company's terminal, logistics, or sub-charter operations are included in this segment.

23GF Score

Get the complete analysis for MEX:NFE

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

MXN12.50

Price

MXN148.62

GF Value

View MEX:NFE Analysis

See ROCE % data for all stocks →