TCECUR Sweden AB (NGM:TCC A) ROCE %: 5.41% (As of Mar. 2026)

What is TCECUR Sweden AB ROCE %?

TCECUR Sweden AB NGM:TCC A 69 ROCE % is 5.41% as of Mar. 2026. GuruFocus rates NGM:TCC A with a GF Score™ of 69/100 and a GF Value™ of kr23.70 (Modestly Undervalued). The stock has 4 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. TCECUR Sweden AB's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.41%.

TCECUR Sweden AB (NGM:TCC A) 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.

TCECUR Sweden AB ROCE % Related Terms

TCECUR Sweden AB ROCE % Historical Data

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The historical data trend for TCECUR Sweden 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.

TCECUR Sweden AB ROCE % Chart

TCECUR Sweden AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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5.64

8.25

6.87

-1.37

-6.59

TCECUR Sweden AB 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															4.63	-26.09	-1.62	-0.75	5.41

69GF Score

TCECUR Sweden AB NGM:TCC A

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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TCECUR Sweden AB ROCE % Calculation

TCECUR Sweden 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 )
	=	-19.742	/	( ( (513.048 - 195.539)	+	(457.66 - 175.833) )	/ 2 )
	=	-19.742	/	( (317.509	+	281.827)	/ 2 )
	=	-19.742	/	299.668
	=	-6.59 %

TCECUR Sweden AB'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 )
	=	15.164	/	( ( (457.66 - 175.833)	+	(458.538 - 179.338) )	/ 2 )
	=	15.164	/	( ( 281.827	+	279.2 )	/ 2 )
	=	15.164	/	280.5135
	=	5.41 %

(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 5.41% mean?

TCECUR Sweden AB (NGM:TCC A) has a ROCE % of 5.41% as of Mar. 2026.

Is TCECUR Sweden AB's ROCE % too high?

TCECUR Sweden AB's current ROCE % is 5.41%. The Hardware industry median ROCE % is 5.81. TCECUR Sweden AB's value of 5.41% is 6.9% below this industry median. Overall, TCECUR Sweden AB has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does TCECUR Sweden AB's ROCE % compare to CSCO and CIEN?

TCECUR Sweden AB's ROCE % of 5.41% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.81. TCECUR Sweden AB's value of 5.41% is 6.9% below 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 Hardware company?

The median ROCE % among Hardware companies is 5.81, based on 2,449 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. TCECUR Sweden AB's current ROCE % of 5.41% is 6.9% below 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 Hardware industry, the median ROCE % is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCECUR Sweden AB's current ROCE % is 5.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is TCECUR Sweden AB stock overvalued right now?

Based on GuruFocus' analysis, TCECUR Sweden AB (NGM:TCC A) is currently considered Modestly Undervalued. The stock's GF Value™ is kr23.70, compared to a current price of kr17.30 — trading 27% below its estimated fair value. The current ROCE % is 5.41% and 6.9% below the Hardware industry median of 5.81. TCECUR Sweden AB's overall GF Score™ is 69/100 with 4 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 TCECUR Sweden AB (NGM:TCC A), the current ROCE % is 5.41% 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 TCECUR Sweden AB (NGM:TCC A) Overvalued in 2026?

Based on GuruFocus' analysis, TCECUR Sweden AB stock appears to be undervalued. The current stock price of kr17.30 is trading 27% below its estimated GF Value™ of kr23.70. GuruFocus considers TCECUR Sweden AB to be Modestly Undervalued.

Key valuation signals for NGM:TCC A:

ROCE %: 5.41%
GF Value™: kr23.70 vs. price of kr17.30 (27% below fair value)
GF Score™: 69/100 with 4 warning signs
Industry Position: 6.9% below the Hardware median

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

TCECUR Sweden AB Business Description

Industry Technology Hardware

Comparable Companies OSTO:INCOAX OSTO:MAVEN XSAT:EXALT OSTO:WAYS OSTO:TAGM B OSTO:GAPW B OSTO:LUMEN OSTO:ALCA CSCO SZSE:300308 SHSE:601138 SZSE:300502 OHEL:NOKIA CIEN MSI LITE HPE SZSE:300394 HKSE:06869 TPE:2345

Address Kungsgatan 9, Stockholm, SWE, 111 43

Website https://www.tcecur.com

TCECUR Sweden AB is a TCECUR is a technology-oriented security group that delivers comprehensive solutions with a focus on creating a safe and secure society. The group consists of independent and TCECUR is a technology-oriented security group that independent companies in physical security and secure communications, where local leadership plays a crucial role. Secure Communications, National Security Systems, and Global Security Systems. The National Security Systems includes the majority of its revenue.

69GF Score

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

kr17.30

Price

kr23.70

GF Value

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