Accordant Group (NZSE:AGL) ROCE %: -0.58% (As of Mar. 2026)

What is Accordant Group ROCE %?

Accordant Group NZSE:AGL 33 ROCE % is -0.58% as of Mar. 2026. GuruFocus rates NZSE:AGL with a GF Score™ of 33/100 and a GF Value™ of NZ$0.38 (Possible Value Trap). The stock has 7 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. Accordant Group's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.58%.

Accordant Group (NZSE:AGL) 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.

Accordant Group ROCE % Related Terms

Accordant Group ROCE % Historical Data

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The historical data trend for Accordant 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.

Accordant Group ROCE % Chart

Accordant Group Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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8.53

6.21

-11.11

-2.98

-0.43

Accordant Group Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
ROCE %	Get a 7-Day Free Trial															-33.83	-1.63	-4.37	-0.29	-0.58

33GF Score

Accordant Group Ltd NZSE:AGL

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Accordant Group ROCE % Calculation

Accordant 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 )
	=	-0.247	/	( ( (73.183 - 16.863)	+	(77.819 - 20.475) )	/ 2 )
	=	-0.247	/	( (56.32	+	57.344)	/ 2 )
	=	-0.247	/	56.832
	=	-0.43 %

Accordant 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 )
	=	-0.332	/	( ( (72.7 - 16.452)	+	(77.819 - 20.475) )	/ 2 )
	=	-0.332	/	( ( 56.248	+	57.344 )	/ 2 )
	=	-0.332	/	56.796
	=	-0.58 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -0.58% mean?

Accordant Group (NZSE:AGL) has a ROCE % of -0.58% as of Mar. 2026.

Is Accordant Group's ROCE % too high?

Accordant Group's current ROCE % is -0.58%. Overall, Accordant Group has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Accordant Group's ROCE % compare to KFY and RHI?

Accordant Group's ROCE % of -0.58% can be compared against companies in the Business Services industry. The industry median ROCE % is 8.94. 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 Business Services company?

The median ROCE % among Business Services companies is 8.94, based on 1,070 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 Business Services industry, the median ROCE % is 8.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accordant Group's current ROCE % is -0.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Accordant Group stock overvalued right now?

Based on GuruFocus' analysis, Accordant Group (NZSE:AGL) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.38, compared to a current price of NZ$0.15 — trading 60.5% below its estimated fair value. The current ROCE % is -0.58%. Accordant Group's overall GF Score™ is 33/100 with 7 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 Accordant Group (NZSE:AGL), the current ROCE % is -0.58% 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 Accordant Group (NZSE:AGL) Overvalued in 2026?

Based on GuruFocus' analysis, Accordant Group stock appears to be undervalued. The current stock price of NZ$0.15 is trading 60.5% below its estimated GF Value™ of NZ$0.38. GuruFocus considers Accordant Group to be Possible Value Trap.

Key valuation signals for NZSE:AGL:

ROCE %: -0.58%
GF Value™: NZ$0.38 vs. price of NZ$0.15 (60.5% below fair value)
GF Score™: 33/100 with 7 warning signs

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

Accordant Group Business Description

Industry Industrials Business Services

Comparable Companies XAMS:RAND KFY TSE:2181 RHI XSWX:ADEN HKSE:02225 TNET MAN NSP TSE:9744 TSE:2154 SHSE:600861 ASX:MMS TSE:215A BBSI KFRC TSE:2124 WAR:GPP SAU:1831 XPAR:SDG

Address 51 Shortland Street, Level 6, Auckland, NTL, NZL, 1010

Website https://www.accordant.nz

Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: Blue Collar Reporting Segment and White Collar Reporting Segment. Blue Collar Reporting Segment: AWF operates branches under the brand names AWF (throughout New Zealand)and Select (Dunedin), which provide contingent labour hire associated with infrastructure, logistics, manufacturing, technical, and construction. The Work Collective (TWC)provides opportunities for those who face barriers to employment. White Collar Reporting Segment: The White Collar segment provides contingent temporary employees, contractors, permanent placement, and executive search services.

33GF Score

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NZ$0.15

Price

NZ$0.38

GF Value

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