KME Group SpA (MIL:KMER) ROCE %: -18.95% (As of Dec. 2025)


MIL:KMER KME Group SpA MIL:KMER
35 GF Score
Price €1.39
GF Value €1,941.22
Valuation Possible Value Trap
! 3 Warning Signs
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What is KME Group SpA ROCE %?

KME Group SpA MIL:KMER +1.46% 35 ROCE % is -18.95% as of Dec. 2025. GuruFocus rates MIL:KMER with a GF Score™ of 35/100 and a GF Value™ of €1,941.22 (Possible Value Trap). The stock has 3 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. KME Group SpA's annualized ROCE % for the quarter that ended in Dec. 2025 was -18.95%.

KME Group SpA  (MIL:KMER) 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.

KME Group SpA ROCE % Related Terms

KME Group SpA ROCE % Historical Data

* Premium members only.

The historical data trend for KME Group 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.

KME Group SpA ROCE % Chart

KME Group SpA 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 11.04 3.71 0.00 -0.56 -7.66

KME Group 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 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 -9.50 1.45 -2.84 5.29 -18.95
MIL:KMER
35GF Score
KME Group SpA MIL:KMER
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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KME Group SpA ROCE % Calculation

KME Group 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 )
=-70.405/( ( (1980.274 - 1103.609) + (2074.956 - 1112.671) )/ 2 )
=-70.405/( (876.665+962.285)/ 2 )
=-70.405/919.475
=-7.66 %

KME Group 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 )
=-192.21/( ( (2069.996 - 1003.896) + (2074.956 - 1112.671) )/ 2 )
=-192.21/( ( 1066.1 + 962.285 )/ 2 )
=-192.21/1014.1925
=-18.95 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 -18.95% mean?
KME Group SpA (MIL:KMER) has a ROCE % of -18.95% as of Dec. 2025.
Is KME Group SpA's ROCE % too high?
KME Group SpA's current ROCE % is -18.95%. Overall, KME Group SpA has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KME Group SpA's ROCE % compare to SCCO and FCX?
KME Group SpA's ROCE % of -18.95% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. 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. KME Group SpA's current ROCE % is -18.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KME Group SpA stock overvalued right now?
Based on GuruFocus' analysis, KME Group SpA (MIL:KMER) is currently considered Possible Value Trap. The stock's GF Value™ is €1,941.22, compared to a current price of €1.39 — trading 99.9% below its estimated fair value. The current ROCE % is -18.95%. KME Group SpA's overall GF Score™ is 35/100 with 3 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 KME Group SpA (MIL:KMER), the current ROCE % is -18.95% 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 KME Group SpA (MIL:KMER) Overvalued in 2026?

Based on GuruFocus' analysis, KME Group SpA stock appears to be undervalued. The current stock price of €1.39 is trading 99.9% below its estimated GF Value™ of €1,941.22. GuruFocus considers KME Group SpA to be Possible Value Trap.

Key valuation signals for MIL:KMER:

  • ROCE %: -18.95%
  • GF Value™: €1,941.22 vs. price of €1.39 (99.9% below fair value)
  • GF Score™: 35/100 with 3 warning signs

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

KME Group SpA Business Description

Other Exchanges KME:ItalyMTJ3:Germany
Address Foro Buonaparte 44, Milan, ITA, 20121
KME Group SpA is a diversified investment holding company. It invests in copper sector and financial and real estate assets sector. The copper sector includes the production and marketing of copper and copper-alloy semi-finished products. The financial and real estate assets sector includes the private equity activity, carried out mainly through the closed-ended investment fund, and the management of receivables. The company generates the majority of the revenue from the copper sector.
35GF Score

Get the complete analysis for MIL:KMER

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

€1.39
Price
€1,941.22
GF Value