Frendy Energy SpA (MIL:FRE) ROCE %: 1.39% (As of Dec. 2025)

What is Frendy Energy SpA ROCE %?

Frendy Energy SpA MIL:FRE -2.09% 28 ROCE % is 1.39% as of Dec. 2025. GuruFocus rates MIL:FRE with a GF Score™ of 28/100 and a GF Value™ of €0.22 (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. Frendy Energy SpA's annualized ROCE % for the quarter that ended in Dec. 2025 was 1.39%.

Frendy Energy SpA (MIL:FRE) 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.

Frendy Energy SpA ROCE % Related Terms

Frendy Energy SpA ROCE % Historical Data

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The historical data trend for Frendy Energy SpA'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.

Frendy Energy SpA ROCE % Chart

Frendy Energy SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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1.88

-28.87

2.44

6.46

1.63

Frendy Energy SpA Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
ROCE %	Get a 7-Day Free Trial															4.26	7.09	5.84	1.88	1.39

28GF Score

Frendy Energy SpA MIL:FRE

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

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Frendy Energy SpA ROCE % Calculation

Frendy Energy SpA'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 )
	=	0.224	/	( ( (14.632 - 0.831)	+	(14.7 - 1.04) )	/ 2 )
	=	0.224	/	( (13.801	+	13.66)	/ 2 )
	=	0.224	/	13.7305
	=	1.63 %

Frendy Energy SpA's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	0.19	/	( ( (14.475 - 0.771)	+	(14.7 - 1.04) )	/ 2 )
	=	0.19	/	( ( 13.704	+	13.66 )	/ 2 )
	=	0.19	/	13.682
	=	1.39 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 1.39% mean?

Frendy Energy SpA (MIL:FRE) has a ROCE % of 1.39% as of Dec. 2025.

Is Frendy Energy SpA's ROCE % too high?

Frendy Energy SpA's current ROCE % is 1.39%. The Utilities - Independent Power Producers industry median ROCE % is 4.79. Frendy Energy SpA's value of 1.39% is 71% below this industry median. Overall, Frendy Energy SpA has a GF Score™ of 28/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Frendy Energy SpA's ROCE % compare to competitors?

Frendy Energy SpA's ROCE % of 1.39% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.79. Frendy Energy SpA's value of 1.39% is 71% 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 an Utilities - Independent Power Producers company?

The median ROCE % among Utilities - Independent Power Producers companies is 4.79, based on 437 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. Frendy Energy SpA's current ROCE % of 1.39% is 71% 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 Utilities - Independent Power Producers industry, the median ROCE % is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frendy Energy SpA's current ROCE % is 1.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Frendy Energy SpA stock overvalued right now?

Based on GuruFocus' analysis, Frendy Energy SpA (MIL:FRE) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.22, compared to a current price of €0.19 — trading 15% below its estimated fair value. The current ROCE % is 1.39% and 71% below the Utilities - Independent Power Producers industry median of 4.79. Frendy Energy SpA's overall GF Score™ is 28/100 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 Frendy Energy SpA (MIL:FRE), the current ROCE % is 1.39% as of Dec. 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 Frendy Energy SpA (MIL:FRE) Overvalued in 2026?

Based on GuruFocus' analysis, Frendy Energy SpA stock appears to be undervalued. The current stock price of €0.19 is trading 15% below its estimated GF Value™ of €0.22. GuruFocus considers Frendy Energy SpA to be Modestly Undervalued.

Key valuation signals for MIL:FRE:

ROCE %: 1.39%
GF Value™: €0.22 vs. price of €0.19 (15% below fair value)
GF Score™: 28/100 with 2 warning signs
Industry Position: 71% below the Utilities - Independent Power Producers median

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

Frendy Energy SpA Business Description

Industry Utilities Utilities - Independent Power Producers

Comparable Companies SHSE:600900 SHSE:600930 OCSE:ORSTED SHSE:600025 BOM:541450 ISX:BREN BSP:AXIA3 WBO:VER OHEL:FORTUM SHSE:600905 XLIS:EDPR SHSE:600886 SZSE:001289 TSE:9503 XTAE:ENLT ATH:PPC BOM:544390 SHSE:600795 SHSE:600236 BSE:H2O

Address Foro Buonaparte, 31, Milano, ITA, 20121

Website http://www.frendyenergy.it

Frendy Energy SpA is an Italian company. It is engaged in building and operating mini hydropower plants towards the production and sale of electricity.

28GF Score

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

€0.19

Price

€0.22

GF Value

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