NATL (NCR Atleos) ROCE %: 10.16% (As of Mar. 2026)

What is NCR Atleos ROCE %?

NCR Atleos NATL +1.24% 49 ROCE % is 10.16% as of Mar. 2026. GuruFocus rates NATL with a GF Score™ of 49/100 and a GF Value™ of $28.57 (Significantly Overvalued). 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. NCR Atleos's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.16%.

NCR Atleos (NYSE:NATL) 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.

NCR Atleos ROCE % Related Terms

NCR Atleos ROCE % Historical Data

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The historical data trend for NCR Atleos'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.

NCR Atleos ROCE % Chart

NCR Atleos Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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7.59

4.24

4.30

11.21

12.11

NCR Atleos Quarterly Data
	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													9.29	13.58	10.37	14.98	10.16

49GF Score

NCR Atleos Corp NATL

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NCR Atleos ROCE % Calculation

NCR Atleos'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 )
	=	459	/	( ( (5535 - 1722)	+	(5668 - 1899) )	/ 2 )
	=	459	/	( (3813	+	3769)	/ 2 )
	=	459	/	3791
	=	12.11 %

NCR Atleos'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 )
	=	384	/	( ( (5668 - 1899)	+	(5641 - 1851) )	/ 2 )
	=	384	/	( ( 3769	+	3790 )	/ 2 )
	=	384	/	3779.5
	=	10.16 %

(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 10.16% mean?

NCR Atleos (NATL) has a ROCE % of 10.16% as of Mar. 2026.

Is NCR Atleos' ROCE % too high?

NCR Atleos' current ROCE % is 10.16%. The Software industry median ROCE % is 5.19. NCR Atleos' value of 10.16% is 95.8% above this industry median. Overall, NCR Atleos has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does NCR Atleos' ROCE % compare to RNG and QTWO?

NCR Atleos' ROCE % of 10.16% can be compared against companies in the Software industry. The industry median ROCE % is 5.19. NCR Atleos' value of 10.16% is 95.8% 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 5.19, based on 2,709 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. NCR Atleos's current ROCE % of 10.16% is 95.8% 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 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCR Atleos's current ROCE % is 10.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NCR Atleos stock overvalued right now?

Based on GuruFocus' analysis, NCR Atleos (NATL) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.57, compared to a current price of $43.41 — trading 51.9% above its estimated fair value. The current ROCE % is 10.16% and 95.8% above the Software industry median of 5.19. NCR Atleos' overall GF Score™ is 49/100 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 NCR Atleos (NATL), the current ROCE % is 10.16% 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 NCR Atleos (NATL) Overvalued in 2026?

Based on GuruFocus' analysis, NCR Atleos stock appears to be overvalued. The current stock price of $43.41 is trading 51.9% above its estimated GF Value™ of $28.57. GuruFocus considers NCR Atleos to be Significantly Overvalued.

Key valuation signals for NATL:

ROCE %: 10.16%
GF Value™: $28.57 vs. price of $43.41 (51.9% above fair value)
GF Score™: 49/100 with 5 warning signs
Industry Position: 95.8% above the Software median

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

NCR Atleos Business Description

Industry Technology Software

Comparable Companies RNG QTWO ADEA DBD CCC AGYS BILL SOUN BULL WK XTER:SAP UBER SHOP CRM CDNS NOW ADP SNOW DDOG ADBE

Other Exchanges Y2G:Germany

Address 864 Spring Street NW, Atlanta, GA, USA, 30308

Website https://www.ncratleos.com

NCR Atleos Corp is a financial technology company providing self-directed banking solutions to a customer base including financial institutions, merchants, manufacturers, retailers, and consumers. Self-directed banking is a rapidly growing, secular trend that allows banking customers to transact seamlessly between various channels, all for the same transaction. Their comprehensive solutions enable the acceleration of self-directed banking through ATM and interactive teller machine (ITM) technology, including software, services, hardware, and its proprietary Allpoint network. Atleos manages its operations in the following segments: Self-Service Banking, which generates maximum revenue, Network, and Telecommunications and Technology. Geographically, it derives maximum revenue from the U.S.

49GF Score

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$43.41

Price

$28.57

GF Value

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