Argo Defence Group AB (NGM:ARGO) ROCE %: -8.11% (As of Dec. 2025)

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NGM:ARGO Argo Defence Group AB NGM:ARGO
11 GF Score
Price kr15.90
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What is Argo Defence Group AB ROCE %?

Argo Defence Group AB NGM:ARGO -3.40% 11 ROCE % is -8.11% as of Dec. 2025. GuruFocus rates NGM:ARGO with a GF Score™ of 11/100.

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. Argo Defence Group AB's annualized ROCE % for the quarter that ended in Dec. 2025 was -8.11%.

Argo Defence Group AB  (NGM:ARGO) 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.

Argo Defence Group AB ROCE % Related Terms

Argo Defence Group AB ROCE % Historical Data

* Premium members only.

The historical data trend for Argo Defence Group AB'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.

Argo Defence Group AB ROCE % Chart

Argo Defence Group AB Annual Data
Trend Dec23 Dec24 Dec25
ROCE %
-27.94 -7.27 -8.11

Argo Defence Group AB Semi-Annual Data
Dec23 Dec24 Dec25
ROCE % -27.94 -7.27 -8.11
NGM:ARGO
11GF Score
Argo Defence Group AB NGM:ARGO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Argo Defence Group AB ROCE % Calculation

Argo Defence Group AB'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 )
=-9.297/( ( (112.364 - 30.547) + (177.73 - 30.391) )/ 2 )
=-9.297/( (81.817+147.339)/ 2 )
=-9.297/114.578
=-8.11 %

Argo Defence Group AB'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: Dec. 2024 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=-9.297/( ( (112.364 - 30.547) + (177.73 - 30.391) )/ 2 )
=-9.297/( ( 81.817 + 147.339 )/ 2 )
=-9.297/114.578
=-8.11 %

(1) Note: The EBIT data used here is one times the 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 -8.11% mean?
Argo Defence Group AB (NGM:ARGO) has a ROCE % of -8.11% as of Dec. 2025.
Is Argo Defence Group AB's ROCE % too high?
Argo Defence Group AB's current ROCE % is -8.11%. Overall, Argo Defence Group AB has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Argo Defence Group AB's ROCE % compare to SPCX and GE?
Argo Defence Group AB's ROCE % of -8.11% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.21. 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 Aerospace & Defense company?
The median ROCE % among Aerospace & Defense companies is 6.21, based on 353 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. 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 Aerospace & Defense industry, the median ROCE % is 6.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Defence Group AB's current ROCE % is -8.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Defence Group AB stock overvalued right now?
Argo Defence Group AB (NGM:ARGO) has a current ROCE % of -8.11%. The current ROCE % is -8.11%. Argo Defence Group AB's overall GF Score™ is 11/100. 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 Argo Defence Group AB (NGM:ARGO), the current ROCE % is -8.11% 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.

Argo Defence Group AB Business Description

Address Munkbrogatan 2, Stockholm, SWE, 111 27
Argo Defence Group AB is a defence company. The company is focused on providing materiel, technology, and system solutions to strengthen military and civil defence sectors. The company operates in three areas namely, Defence Materiel, Counter-Explosive Risk Solutions, and Airfield Operations. The Defence Materiel develops equipment and systems for national defence and civil protection; Counter-Explosive Risk Solutions handles mine clearance, risk management, and safe munitions destruction; and Airfield Operations builds technical systems for airports and high-security sites.
11GF Score

Get the complete analysis for NGM:ARGO

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

kr15.90
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