2 Cheap Cars Group (NZSE:2CC) ROCE %: 19.20% (As of Mar. 2026)


NZSE:2CC 2 Cheap Cars Group Ltd NZSE:2CC
51 GF Score
Price NZ$0.65
GF Value NZ$0.71
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is 2 Cheap Cars Group ROCE %?

2 Cheap Cars Group NZSE:2CC -2.99% 51 ROCE % is 19.20% as of Mar. 2026. GuruFocus rates NZSE:2CC with a GF Score™ of 51/100 and a GF Value™ of NZ$0.71 (Fairly Valued). 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. 2 Cheap Cars Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 19.20%.

2 Cheap Cars Group  (NZSE:2CC) 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.

2 Cheap Cars Group ROCE % Related Terms

2 Cheap Cars Group ROCE % Historical Data

* Premium members only.

The historical data trend for 2 Cheap Cars Group'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.

2 Cheap Cars Group ROCE % Chart

2 Cheap Cars Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 17.79 12.04 37.57 17.87 15.80

2 Cheap Cars Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.65 20.21 15.23 12.17 19.20
NZSE:2CC
51GF Score
2 Cheap Cars Group Ltd NZSE:2CC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

2 Cheap Cars Group ROCE % Calculation

2 Cheap Cars Group's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=4.498/( ( (34.201 - 6.719) + (36.345 - 6.879) )/ 2 )
=4.498/( (27.482+29.466)/ 2 )
=4.498/28.474
=15.80 %

2 Cheap Cars Group'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: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=5.58/( ( (33.853 - 5.192) + (36.345 - 6.879) )/ 2 )
=5.58/( ( 28.661 + 29.466 )/ 2 )
=5.58/29.0635
=19.20 %

(1) Note: The EBIT data used here is two times the semi-annual (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 19.20% mean?
2 Cheap Cars Group (NZSE:2CC) has a ROCE % of 19.20% as of Mar. 2026.
Is 2 Cheap Cars Group's ROCE % too high?
2 Cheap Cars Group's current ROCE % is 19.20%. The Vehicles & Parts industry median ROCE % is 7.94. 2 Cheap Cars Group's value of 19.20% is 141.8% above this industry median. Overall, 2 Cheap Cars Group has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 2 Cheap Cars Group's ROCE % compare to CVNA and PAG?
2 Cheap Cars Group's ROCE % of 19.20% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. 2 Cheap Cars Group's value of 19.20% is 141.8% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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. 2 Cheap Cars Group's current ROCE % of 19.20% is 141.8% 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 2 Cheap Cars Group's current ROCE % is 19.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2 Cheap Cars Group stock overvalued right now?
Based on GuruFocus' analysis, 2 Cheap Cars Group (NZSE:2CC) is currently considered Fairly Valued. The stock's GF Value™ is NZ$0.71, compared to a current price of NZ$0.65 — trading 8.5% below its estimated fair value. The current ROCE % is 19.20% and 141.8% above the Vehicles & Parts industry median of 7.94. 2 Cheap Cars Group's overall GF Score™ is 51/100 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 2 Cheap Cars Group (NZSE:2CC), the current ROCE % is 19.20% 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 2 Cheap Cars Group (NZSE:2CC) Overvalued in 2026?

Based on GuruFocus' analysis, 2 Cheap Cars Group stock appears to be undervalued. The current stock price of NZ$0.65 is trading 8.5% below its estimated GF Value™ of NZ$0.71. GuruFocus considers 2 Cheap Cars Group to be Fairly Valued.

Key valuation signals for NZSE:2CC:

  • ROCE %: 19.20%
  • GF Value™: NZ$0.71 vs. price of NZ$0.65 (8.5% below fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 141.8% above the Vehicles & Parts median

No single metric tells the full story. See the NZSE:2CC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

2 Cheap Cars Group Business Description

Address 102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061
2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The group draws revenue from the two divisions: automotive retail division, revenue is derived from the sale of vehicles and from agent commissions relating to third-party finance and insurance products.
51GF Score

Get the complete analysis for NZSE:2CC

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

NZ$0.65
Price
NZ$0.71
GF Value