Vestas Wind Systems AS (OCSE:VWS) ROCE %: 5.51% (As of Mar. 2026)


OCSE:VWS Vestas Wind Systems AS OCSE:VWS
85 GF Score
Price kr170.85
GF Value kr190.86
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Vestas Wind Systems AS ROCE %?

Vestas Wind Systems AS OCSE:VWS -2.59% 85 ROCE % is 5.51% as of Mar. 2026. GuruFocus rates OCSE:VWS with a GF Score™ of 85/100 and a GF Value™ of kr190.86 (Modestly Undervalued). 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. Vestas Wind Systems AS's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.51%.

Vestas Wind Systems AS  (OCSE:VWS) 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.

Vestas Wind Systems AS ROCE % Related Terms

Vestas Wind Systems AS ROCE % Historical Data

* Premium members only.

The historical data trend for Vestas Wind Systems AS'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.

Vestas Wind Systems AS ROCE % Chart

Vestas Wind Systems AS 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 3.98 -24.15 4.48 10.19 13.13

Vestas Wind Systems AS 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 0.61 2.62 19.59 31.81 5.51
OCSE:VWS
85GF Score
Vestas Wind Systems AS OCSE:VWS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vestas Wind Systems AS ROCE % Calculation

Vestas Wind Systems AS'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 )
=8843.121/( ( (183787.468 - 115445.139) + (192188.511 - 125827.757) )/ 2 )
=8843.121/( (68342.329+66360.754)/ 2 )
=8843.121/67351.5415
=13.13 %

Vestas Wind Systems AS'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 )
=3796.964/( ( (192188.511 - 125827.757) + (199617.072 - 128222.221) )/ 2 )
=3796.964/( ( 66360.754 + 71394.851 )/ 2 )
=3796.964/68877.8025
=5.51 %

(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 5.51% mean?
Vestas Wind Systems AS (OCSE:VWS) has a ROCE % of 5.51% as of Mar. 2026.
Is Vestas Wind Systems AS's ROCE % too high?
Vestas Wind Systems AS's current ROCE % is 5.51%. The Industrial Products industry median ROCE % is 7.10. Vestas Wind Systems AS's value of 5.51% is 22.4% below this industry median. Overall, Vestas Wind Systems AS has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's ROCE % compare to GEV and ETN?
Vestas Wind Systems AS's ROCE % of 5.51% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. Vestas Wind Systems AS's value of 5.51% is 22.4% below 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.10, based on 3,032 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. Vestas Wind Systems AS's current ROCE % of 5.51% is 22.4% below 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 Industrial Products industry, the median ROCE % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestas Wind Systems AS's current ROCE % is 5.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestas Wind Systems AS stock overvalued right now?
Based on GuruFocus' analysis, Vestas Wind Systems AS (OCSE:VWS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr190.86, compared to a current price of kr170.85 — trading 10.5% below its estimated fair value. The current ROCE % is 5.51% and 22.4% below the Industrial Products industry median of 7.10. Vestas Wind Systems AS's overall GF Score™ is 85/100 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 Vestas Wind Systems AS (OCSE:VWS), the current ROCE % is 5.51% 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 Vestas Wind Systems AS (OCSE:VWS) Overvalued in 2026?

Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be undervalued. The current stock price of kr170.85 is trading 10.5% below its estimated GF Value™ of kr190.86. GuruFocus considers Vestas Wind Systems AS to be Modestly Undervalued.

Key valuation signals for OCSE:VWS:

  • ROCE %: 5.51%
  • GF Value™: kr190.86 vs. price of kr170.85 (10.5% below fair value)
  • GF Score™: 85/100 with 7 warning signs
  • Industry Position: 22.4% below the Industrial Products median

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

Vestas Wind Systems AS Business Description

Address Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
85GF Score

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

kr170.85
Price
kr190.86
GF Value