NN (NextNav) ROCE %: -33.92% (As of Mar. 2026)


NN NextNav Inc NN
43 GF Score
Price $16.98
GF Value $6.94
Valuation Significantly Overvalued
! 6 Warning Signs
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What is NextNav ROCE %?

NextNav NN -0.85% 43 ROCE % is -33.92% as of Mar. 2026. GuruFocus rates NN with a GF Score™ of 43/100 and a GF Value™ of $6.94 (Significantly Overvalued). The stock has 6 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. NextNav's annualized ROCE % for the quarter that ended in Mar. 2026 was -33.92%.

NextNav  (NAS:NN) 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.

NextNav ROCE % Related Terms

NextNav ROCE % Historical Data

* Premium members only.

The historical data trend for NextNav'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.

NextNav ROCE % Chart

NextNav Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial -49.68 -53.49 -47.54 -39.81 -36.56

NextNav 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 -33.45 -95.90 6.02 69.56 -33.92
NN
43GF Score
NextNav Inc NN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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NextNav ROCE % Calculation

NextNav'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 )
=-70.232/( ( (161.74 - 12.144) + (247.019 - 12.385) )/ 2 )
=-70.232/( (149.596+234.634)/ 2 )
=-70.232/192.115
=-36.56 %

NextNav'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 )
=-77.372/( ( (247.019 - 12.385) + (235.644 - 14.102) )/ 2 )
=-77.372/( ( 234.634 + 221.542 )/ 2 )
=-77.372/228.088
=-33.92 %

(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 -33.92% mean?
NextNav (NN) has a ROCE % of -33.92% as of Mar. 2026.
Is NextNav's ROCE % too high?
NextNav's current ROCE % is -33.92%. Overall, NextNav has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NextNav's ROCE % compare to STNE and EEFT?
NextNav's ROCE % of -33.92% can be compared against companies in the Software industry. The industry median ROCE % is 5.28. 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 5.28, based on 2,711 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 Software industry, the median ROCE % is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextNav's current ROCE % is -33.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextNav stock overvalued right now?
Based on GuruFocus' analysis, NextNav (NN) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.94, compared to a current price of $16.98 — trading 144.7% above its estimated fair value. The current ROCE % is -33.92%. NextNav's overall GF Score™ is 43/100 with 6 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 NextNav (NN), the current ROCE % is -33.92% 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 NextNav (NN) Overvalued in 2026?

Based on GuruFocus' analysis, NextNav stock appears to be overvalued. The current stock price of $16.98 is trading 144.7% above its estimated GF Value™ of $6.94. GuruFocus considers NextNav to be Significantly Overvalued.

Key valuation signals for NN:

  • ROCE %: -33.92%
  • GF Value™: $6.94 vs. price of $16.98 (144.7% above fair value)
  • GF Score™: 43/100 with 6 warning signs

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

NextNav Business Description

Other Exchanges KK0:Germany
Address 11911 Freedom Drive, Suite 200, Reston, VA, USA, 20190
NextNav Inc provides GPS service. The company NextNav TerraPoiNT system delivers resilient, next-generation, complementary positioning, navigation, and timing (PNT) solutions designed to overcome the limitations and vulnerabilities of existing space-based Global Navigation Satellite Systems (GNSS), including the Global Positioning System (GPS). The products of the company include NextNav Pinnacle: Accurate vertical location, NextNav 3D: 3D location visualization, NextNav TerraPoiNT: Resilient PNT for 3D and indoor geolocation, Next Generation Solution: Terrestrial 3D PNT powered by spectrum.
43GF Score

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

$16.98
Price
$6.94
GF Value