Lafarge Africa (NSA:WAPCO) ROCE %: 71.02% (As of Mar. 2026)


NSA:WAPCO Lafarge Africa PLC NSA:WAPCO
87 GF Score
Price ₦317.40
GF Value ₦126.47
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Lafarge Africa ROCE %?

Lafarge Africa NSA:WAPCO 87 ROCE % is 71.02% as of Mar. 2026. GuruFocus rates NSA:WAPCO with a GF Score™ of 87/100 and a GF Value™ of ₦126.47 (Significantly Overvalued). 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. Lafarge Africa's annualized ROCE % for the quarter that ended in Mar. 2026 was 71.02%.

Lafarge Africa  (NSA:WAPCO) 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.

Lafarge Africa ROCE % Related Terms

Lafarge Africa ROCE % Historical Data

* Premium members only.

The historical data trend for Lafarge Africa'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.

Lafarge Africa ROCE % Chart

Lafarge Africa Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.10 17.14 18.05 28.96 59.60

Lafarge Africa 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 48.72 80.76 69.27 50.42 71.02
NSA:WAPCO
87GF Score
Lafarge Africa PLC NSA:WAPCO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lafarge Africa ROCE % Calculation

Lafarge Africa'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 )
=412480.214/( ( (990509.585 - 397102.077) + (1208024.398 - 417362.631) )/ 2 )
=412480.214/( (593407.508+790661.767)/ 2 )
=412480.214/692034.6375
=59.60 %

Lafarge Africa'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 )
=597180.044/( ( (1208024.398 - 417362.631) + (1372619.514 - 481646.261) )/ 2 )
=597180.044/( ( 790661.767 + 890973.253 )/ 2 )
=597180.044/840817.51
=71.02 %

(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 71.02% mean?
Lafarge Africa (NSA:WAPCO) has a ROCE % of 71.02% as of Mar. 2026.
Is Lafarge Africa's ROCE % too high?
Lafarge Africa's current ROCE % is 71.02%. The Building Materials industry median ROCE % is 6.00. Lafarge Africa's value of 71.02% is 1083.7% above this industry median. Overall, Lafarge Africa has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lafarge Africa's ROCE % compare to CRH and VMC?
Lafarge Africa's ROCE % of 71.02% can be compared against companies in the Building Materials industry. The industry median ROCE % is 6.00. Lafarge Africa's value of 71.02% is 1083.7% 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 Building Materials company?
The median ROCE % among Building Materials companies is 6.00, based on 406 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. Lafarge Africa's current ROCE % of 71.02% is 1083.7% 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 Building Materials industry, the median ROCE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lafarge Africa's current ROCE % is 71.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lafarge Africa stock overvalued right now?
Based on GuruFocus' analysis, Lafarge Africa (NSA:WAPCO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦126.47, compared to a current price of ₦317.40 — trading 151% above its estimated fair value. The current ROCE % is 71.02% and 1083.7% above the Building Materials industry median of 6.00. Lafarge Africa's overall GF Score™ is 87/100 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 Lafarge Africa (NSA:WAPCO), the current ROCE % is 71.02% 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 Lafarge Africa (NSA:WAPCO) Overvalued in 2026?

Based on GuruFocus' analysis, Lafarge Africa stock appears to be overvalued. The current stock price of ₦317.40 is trading 151% above its estimated GF Value™ of ₦126.47. GuruFocus considers Lafarge Africa to be Significantly Overvalued.

Key valuation signals for NSA:WAPCO:

  • ROCE %: 71.02%
  • GF Value™: ₦126.47 vs. price of ₦317.40 (151% above fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 1083.7% above the Building Materials median

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

Lafarge Africa Business Description

Address No. 27B, Gerrard Road, Ikoyi, Lagos, NGA
Lafarge Africa PLC through its subsidiaries is engaged in manufacturing and marketing of cement, concrete, and aggregates products, including the provision of building solutions. The brands in products portfolio of the company includes ECOPlanet Unicem, Elephant cement, ThermoSet, Watershield, Powermax, and Supaset cement among others. It has two segments Cement & Readymix products. The majority of the revenue is generated from the cement segment.
87GF Score

Get the complete analysis for NSA:WAPCO

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

₦317.40
Price
₦126.47
GF Value