Northbaze Group AB (OSTO:NBZ) ROCE %: 0.76% (As of Sep. 2025)

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OSTO:NBZ Northbaze Group AB OSTO:NBZ
50 GF Score
Price kr0.12
GF Value kr0.63
! 3 Warning Signs
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What is Northbaze Group AB ROCE %?

Northbaze Group AB OSTO:NBZ 50 ROCE % is 0.76% as of Sep. 2025. GuruFocus rates OSTO:NBZ with a GF Score™ of 50/100 and a GF Value™ of kr0.63. 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. Northbaze Group AB's annualized ROCE % for the quarter that ended in Sep. 2025 was 0.76%.

Northbaze Group AB  (OSTO:NBZ) 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.

Northbaze Group AB ROCE % Related Terms

Northbaze Group AB ROCE % Historical Data

* Premium members only.

The historical data trend for Northbaze Group AB'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.

Northbaze Group AB ROCE % Chart

Northbaze Group AB Annual Data
Trend Apr15 Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.48 -16.44 -21.17 -25.36 -2.95

Northbaze Group AB Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -11.44 -13.60 -34.39 -9.30 0.76
OSTO:NBZ
50GF Score
Northbaze Group AB OSTO:NBZ
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Northbaze Group AB ROCE % Calculation

Northbaze Group AB's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-2.581/( ( (168.67 - 96.353) + (222.191 - 119.625) )/ 2 )
=-2.581/( (72.317+102.566)/ 2 )
=-2.581/87.4415
=-2.95 %

Northbaze Group AB's ROCE % of for the quarter that ended in Sep. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=0.652/( ( (199.96 - 111.867) + (196.144 - 111.555) )/ 2 )
=0.652/( ( 88.093 + 84.589 )/ 2 )
=0.652/86.341
=0.76 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2025) 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 0.76% mean?
Northbaze Group AB (OSTO:NBZ) has a ROCE % of 0.76% as of Sep. 2025.
Is Northbaze Group AB's ROCE % too high?
Northbaze Group AB's current ROCE % is 0.76%. The Hardware industry median ROCE % is 5.89. Northbaze Group AB's value of 0.76% is 87.1% below this industry median. Overall, Northbaze Group AB has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Northbaze Group AB's ROCE % compare to AAPL?
Northbaze Group AB's ROCE % of 0.76% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.89. Northbaze Group AB's value of 0.76% is 87.1% 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 a Hardware company?
The median ROCE % among Hardware companies is 5.89, based on 2,451 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. Northbaze Group AB's current ROCE % of 0.76% is 87.1% 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 Hardware industry, the median ROCE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northbaze Group AB's current ROCE % is 0.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northbaze Group AB stock overvalued right now?
Northbaze Group AB (OSTO:NBZ) has a current ROCE % of 0.76%. The stock's GF Value™ is kr0.63, compared to a current price of kr0.12 — trading 81% below its estimated fair value. The current ROCE % is 0.76% and 87.1% below the Hardware industry median of 5.89. Northbaze Group AB's overall GF Score™ is 50/100 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 Northbaze Group AB (OSTO:NBZ), the current ROCE % is 0.76% as of Sep. 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 Northbaze Group AB (OSTO:NBZ) Overvalued in 2026?

Based on GuruFocus' analysis, Northbaze Group AB stock appears to be undervalued. The current stock price of kr0.12 is trading 81% below its estimated GF Value™ of kr0.63.

Key valuation signals for OSTO:NBZ:

  • ROCE %: 0.76%
  • GF Value™: kr0.63 vs. price of kr0.12 (81% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 87.1% below the Hardware median

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

Northbaze Group AB Business Description

Address Kumla-Frasses gata 2A, Kumla, Orebro, SWE, 692 23
Northbaze Group AB is engaged in sales, development, marketing and support of audio products, as well as owns and manages shares in subsidiaries, manage trademarks, design protection and patents. The company develops, designs and produces headphones, speakers and tech accessories under different brands. The brand portfolio currently consists of the brands Jays Headphones, KAVAJ and Krusell.
50GF Score

Get the complete analysis for OSTO:NBZ

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

kr0.12
Price
kr0.63
GF Value