Scales (NZSE:SCL) ROCE %: 20.27% (As of Dec. 2025)

What is Scales ROCE %?

Scales NZSE:SCL +1.14% 99 ROCE % is 20.27% as of Dec. 2025. GuruFocus rates NZSE:SCL with a GF Score™ of 99/100 and a GF Value™ of NZ$6.68 (Fairly Valued). The stock has 3 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. Scales's annualized ROCE % for the quarter that ended in Dec. 2025 was 20.27%.

Scales (NZSE:SCL) 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.

Scales ROCE % Related Terms

Scales ROCE % Historical Data

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The historical data trend for Scales'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.

Scales ROCE % Chart

Scales Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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9.52

9.08

6.46

12.74

23.14

Scales Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
ROCE %	Get a 7-Day Free Trial															5.24	18.47	5.46	26.73	20.27

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Scales Corp Ltd NZSE:SCL

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Scales ROCE % Calculation

Scales'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 )
	=	140.676	/	( ( (608.925 - 95.963)	+	(899.853 - 196.7) )	/ 2 )
	=	140.676	/	( (512.962	+	703.153)	/ 2 )
	=	140.676	/	608.0575
	=	23.14 %

Scales's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	132.306	/	( ( (784.614 - 182.54)	+	(899.853 - 196.7) )	/ 2 )
	=	132.306	/	( ( 602.074	+	703.153 )	/ 2 )
	=	132.306	/	652.6135
	=	20.27 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 20.27% mean?

Scales (NZSE:SCL) has a ROCE % of 20.27% as of Dec. 2025.

Is Scales' ROCE % too high?

Scales' current ROCE % is 20.27%. The Consumer Packaged Goods industry median ROCE % is 8.78. Scales' value of 20.27% is 131% above this industry median. Overall, Scales has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Scales' ROCE % compare to KHC and GIS?

Scales' ROCE % of 20.27% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.78. Scales' value of 20.27% is 131% 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 Consumer Packaged Goods company?

The median ROCE % among Consumer Packaged Goods companies is 8.78, based on 1,938 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. Scales's current ROCE % of 20.27% is 131% 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 Consumer Packaged Goods industry, the median ROCE % is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scales's current ROCE % is 20.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Scales stock overvalued right now?

Based on GuruFocus' analysis, Scales (NZSE:SCL) is currently considered Fairly Valued. The stock's GF Value™ is NZ$6.68, compared to a current price of NZ$6.22 — trading 6.9% below its estimated fair value. The current ROCE % is 20.27% and 131% above the Consumer Packaged Goods industry median of 8.78. Scales' overall GF Score™ is 99/100 with 3 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 Scales (NZSE:SCL), the current ROCE % is 20.27% as of Dec. 2025. 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 Scales (NZSE:SCL) Overvalued in 2026?

Based on GuruFocus' analysis, Scales stock appears to be undervalued. The current stock price of NZ$6.22 is trading 6.9% below its estimated GF Value™ of NZ$6.68. GuruFocus considers Scales to be Fairly Valued.

Key valuation signals for NZSE:SCL:

ROCE %: 20.27%
GF Value™: NZ$6.68 vs. price of NZ$6.22 (6.9% below fair value)
GF Score™: 99/100 with 3 warning signs
Industry Position: 131% above the Consumer Packaged Goods median

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

Scales Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies NZSE:SML NZSE:CVT NZSE:MEE XSWX:NESN XPAR:BN BOG:NUTRESA TSE:2802 SHSE:603288 NSE:NESTLEIND KHC SHSE:600887 SZSE:300999 GIS SGX:F34 LSE:ABF HKSE:00288 MEX:BIMBOA DUB:KRZ JBS BOM:500825

Other Exchanges S05:Germany

Address 52 Cashel Street, Christchurch, NZL, 8013

Website https://www.scalescorporation.co.nz

Scales Corp Ltd is a company engaged in agribusiness activities. It is principally engaged in the manufacture and trade of food ingredients, growing apples, operating processing facilities, exporting products, providing logistics services and providing insurance services to companies within the Group. The company's operating segments are Global Proteins, Horticulture, Logistics, and Others. The majority of the revenue for the company is generated from the Global Proteins segment, which is engaged in the processing and marketing of proteins such as pet food ingredients, edible meat, and offal products. Geographically, the company generates the maximum revenue from Asia and the rest from New Zealand, North America, Europe, and other regions.

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NZ$6.22

Price

NZ$6.68

GF Value

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