NETD (Nabors Energy Transition II) ROCE %: -6.23% (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NETD Nabors Energy Transition Corp II NETD
22 GF Score
Price $11.52
! 1 Warning Sign
View Full Analysis

What is Nabors Energy Transition II ROCE %?

Nabors Energy Transition II NETD 22 ROCE % is -6.23% as of Sep. 2025. GuruFocus rates NETD with a GF Score™ of 22/100. The stock has 1 warning sign 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. Nabors Energy Transition II's annualized ROCE % for the quarter that ended in Sep. 2025 was -6.23%.

Nabors Energy Transition II  (NAS:NETD) 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.

Nabors Energy Transition II ROCE % Related Terms

Nabors Energy Transition II ROCE % Historical Data

* Premium members only.

The historical data trend for Nabors Energy Transition II'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.

Nabors Energy Transition II ROCE % Chart

Nabors Energy Transition II Annual Data
Trend Dec23 Dec24
ROCE %
0.00 -1.28

Nabors Energy Transition II Quarterly Data
Apr23 Jul23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.59 -3.81 -2.93 -1.26 -6.23
NETD
22GF Score
Nabors Energy Transition Corp II NETD
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nabors Energy Transition II ROCE % Calculation

Nabors Energy Transition II's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-4.161/( ( (318.031 - 0.196) + (333.516 - 0.314) )/ 2 )
=-4.161/( (317.835+333.202)/ 2 )
=-4.161/325.5185
=-1.28 %

Nabors Energy Transition II's ROCE % of for the quarter that ended in Sep. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=-15.304/( ( (339.757 - 0.43) + (154.828 - 2.967) )/ 2 )
=-15.304/( ( 339.327 + 151.861 )/ 2 )
=-15.304/245.594
=-6.23 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 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 -6.23% mean?
Nabors Energy Transition II (NETD) has a ROCE % of -6.23% as of Sep. 2025.
Is Nabors Energy Transition II's ROCE % too high?
Nabors Energy Transition II's current ROCE % is -6.23%. Overall, Nabors Energy Transition II has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Nabors Energy Transition II's ROCE % compare to MKLY and COPL?
Nabors Energy Transition II's ROCE % of -6.23% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services 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. Nabors Energy Transition II's current ROCE % is -6.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nabors Energy Transition II stock overvalued right now?
Nabors Energy Transition II (NETD) has a current ROCE % of -6.23%. The current ROCE % is -6.23%. Nabors Energy Transition II's overall GF Score™ is 22/100 with 1 warning sign 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 Nabors Energy Transition II (NETD), the current ROCE % is -6.23% as of Sep. 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.

Nabors Energy Transition II Business Description

Address 515 West Greens Road, Suite 1200, Houston, TX, USA, 77067
Nabors Energy Transition Corp II is a blank check company.
22GF Score

Get the complete analysis for NETD

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

$11.52
Price