Turners Automotive Group (NZSE:TRA) ROCE %: 11.58% (As of Mar. 2026)

What is Turners Automotive Group ROCE %?

Turners Automotive Group NZSE:TRA -2.33% 41 ROCE % is 11.58% as of Mar. 2026. GuruFocus rates NZSE:TRA with a GF Score™ of 41/100 and a GF Value™ of NZ$4.34 (Significantly Overvalued). The stock has 11 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. Turners Automotive Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.58%.

Turners Automotive Group (NZSE:TRA) 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.

Turners Automotive Group ROCE % Related Terms

Turners Automotive Group ROCE % Historical Data

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The historical data trend for Turners Automotive 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.

Turners Automotive Group ROCE % Chart

Turners Automotive Group Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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7.74

11.84

21.36

21.03

12.03

Turners Automotive 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															20.96	22.26	21.64	22.73	11.58

41GF Score

Turners Automotive Group Ltd NZSE:TRA

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Turners Automotive Group ROCE % Calculation

Turners Automotive 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 )
	=	83.817	/	( ( (917.772 - 519.238)	+	(1070.585 - 75.608) )	/ 2 )
	=	83.817	/	( (398.534	+	994.977)	/ 2 )
	=	83.817	/	696.7555
	=	12.03 %

Turners Automotive 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 )
	=	79.45	/	( ( (970.662 - 593.274)	+	(1070.585 - 75.608) )	/ 2 )
	=	79.45	/	( ( 377.388	+	994.977 )	/ 2 )
	=	79.45	/	686.1825
	=	11.58 %

(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 11.58% mean?

Turners Automotive Group (NZSE:TRA) has a ROCE % of 11.58% as of Mar. 2026.

Is Turners Automotive Group's ROCE % too high?

Turners Automotive Group's current ROCE % is 11.58%. The Vehicles & Parts industry median ROCE % is 7.94. Turners Automotive Group's value of 11.58% is 45.8% above this industry median. Overall, Turners Automotive Group has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Turners Automotive Group's ROCE % compare to CVNA and PAG?

Turners Automotive Group's ROCE % of 11.58% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Turners Automotive Group's value of 11.58% is 45.8% 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. Turners Automotive Group's current ROCE % of 11.58% is 45.8% 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. Turners Automotive Group's current ROCE % is 11.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Turners Automotive Group stock overvalued right now?

Based on GuruFocus' analysis, Turners Automotive Group (NZSE:TRA) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$4.34, compared to a current price of NZ$8.40 — trading 93.5% above its estimated fair value. The current ROCE % is 11.58% and 45.8% above the Vehicles & Parts industry median of 7.94. Turners Automotive Group's overall GF Score™ is 41/100 with 11 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 Turners Automotive Group (NZSE:TRA), the current ROCE % is 11.58% 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 Turners Automotive Group (NZSE:TRA) Overvalued in 2026?

Based on GuruFocus' analysis, Turners Automotive Group stock appears to be overvalued. The current stock price of NZ$8.40 is trading 93.5% above its estimated GF Value™ of NZ$4.34. GuruFocus considers Turners Automotive Group to be Significantly Overvalued.

Key valuation signals for NZSE:TRA:

ROCE %: 11.58%
GF Value™: NZ$4.34 vs. price of NZ$8.40 (93.5% above fair value)
GF Score™: 41/100 with 11 warning signs
Industry Position: 45.8% above the Vehicles & Parts median

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

Turners Automotive Group Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies NZSE:CMO NZSE:2CC CVNA PAG XBRU:DIE ALTB TPE:2207 LAD KMX AN RUSHA TSE:4732 VVV ASX:APE OPLN LSE:INCH GPI ABG TSX:BYD CARG

Other Exchanges TRA:Australia

Address 70 Shortland Street, Level 5, PO Box 1232, Auckland, NZL, 1140

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

Turners Automotive Group Ltd, along with its subsidiaries, operates in the following reportable segments: Auto retail, Finance, Insurance, Credit management, and Corporate and other. The majority of its revenue is generated from the Auto retail segment, which is involved in remarketing (motor vehicles, trucks, heavy machinery, and commercial goods) and purchasing goods for sale. The Finance segment provides asset-based finance to consumers and SME's; the Insurance segment is involved in marketing and administration of a range of life and consumer insurance products; and the Credit management segment provides collection services, credit management, and debt recovery services to the corporate and SME sectors. Geographically, the group operates in New Zealand and Australia.

41GF Score

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NZ$8.40

Price

NZ$4.34

GF Value

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