Reply SpA (MIL:REY) ROCE %: 44.73% (As of Mar. 2026)


MIL:REY Reply SpA MIL:REY
78 GF Score
Price €88.35
GF Value €146.12
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Reply SpA ROCE %?

Reply SpA MIL:REY -3.23% 78 ROCE % is 44.73% as of Mar. 2026. GuruFocus rates MIL:REY with a GF Score™ of 78/100 and a GF Value™ of €146.12 (Significantly Undervalued). 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. Reply SpA's annualized ROCE % for the quarter that ended in Mar. 2026 was 44.73%.

Reply SpA  (MIL:REY) 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.

Reply SpA ROCE % Related Terms

Reply SpA ROCE % Historical Data

* Premium members only.

The historical data trend for Reply 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.

Reply SpA ROCE % Chart

Reply 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 20.73 21.89 19.76 20.53 21.74

Reply SpA 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 43.39 41.00 44.32 48.25 44.73
MIL:REY
78GF Score
Reply SpA MIL:REY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Reply SpA ROCE % Calculation

Reply 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 )
=379.002/( ( (2630.935 - 971.703) + (2765.035 - 938.066) )/ 2 )
=379.002/( (1659.232+1826.969)/ 2 )
=379.002/1743.1005
=21.74 %

Reply SpA'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 )
=400.78/( ( (2765.035 - 938.066) + (0 - 35.025) )/ 2 )
=400.78/( ( 1826.969 + -35.025 )/ 2 )
=400.78/895.972
=44.73 %

(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 44.73% mean?
Reply SpA (MIL:REY) has a ROCE % of 44.73% as of Mar. 2026.
Is Reply SpA's ROCE % too high?
Reply SpA's current ROCE % is 44.73%. The Software industry median ROCE % is 5.27. Reply SpA's value of 44.73% is 748.8% above this industry median. Overall, Reply SpA has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reply SpA's ROCE % compare to IBM and ACN?
Reply SpA's ROCE % of 44.73% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. Reply SpA's value of 44.73% is 748.8% 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 Software company?
The median ROCE % among Software companies is 5.27, based on 2,713 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. Reply SpA's current ROCE % of 44.73% is 748.8% 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 Software industry, the median ROCE % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reply SpA's current ROCE % is 44.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reply SpA stock overvalued right now?
Based on GuruFocus' analysis, Reply SpA (MIL:REY) is currently considered Significantly Undervalued. The stock's GF Value™ is €146.12, compared to a current price of €88.35 — trading 39.5% below its estimated fair value. The current ROCE % is 44.73% and 748.8% above the Software industry median of 5.27. Reply SpA's overall GF Score™ is 78/100 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 Reply SpA (MIL:REY), the current ROCE % is 44.73% 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 Reply SpA (MIL:REY) Overvalued in 2026?

Based on GuruFocus' analysis, Reply SpA stock appears to be undervalued. The current stock price of €88.35 is trading 39.5% below its estimated GF Value™ of €146.12. GuruFocus considers Reply SpA to be Significantly Undervalued.

Key valuation signals for MIL:REY:

  • ROCE %: 44.73%
  • GF Value™: €146.12 vs. price of €88.35 (39.5% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 748.8% above the Software median

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

Reply SpA Business Description

Address Corso Francia, 110, Turin, ITA, 10143
Reply SpA specialises in consulting, digital services, and the integration of processes, applications, and devices. Reply serves clients in the telecommunication and media, banking, insurance, financial, industry and services, energy and utilities, and public administration industries. The company provides its services mainly through platforms such as X-Rais Reply, Discovery Reply, Brick Reply, TamTamy, and SideUp Reply. Reply researches, selects, and markets solutions through channels such as data analysis, digital communication, e-commerce, mobile, and social media. Its business segments are defined based on geographical areas of operation and include Region 1 (including Italy, USA, Brazil, Poland, Romania, and Nanjing), which derives key revenue, Region 2, Region 3, and IoT Incubator.
78GF Score

Get the complete analysis for MIL:REY

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

€88.35
Price
€146.12
GF Value