SMR (NuScale Power) ROCE %: -20.60% (As of Mar. 2026)


SMR NuScale Power Corp SMR
64 GF Score
Price $10.21
GF Value $5.13
Valuation Significantly Overvalued
! 4 Warning Signs
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What is NuScale Power ROCE %?

NuScale Power SMR -5.99% 64 ROCE % is -20.60% as of Mar. 2026. GuruFocus rates SMR with a GF Score™ of 64/100 and a GF Value™ of $5.13 (Significantly Overvalued). The stock has 4 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. NuScale Power's annualized ROCE % for the quarter that ended in Mar. 2026 was -20.60%.

NuScale Power  (NYSE:SMR) 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.

NuScale Power ROCE % Related Terms

NuScale Power ROCE % Historical Data

* Premium members only.

The historical data trend for NuScale Power'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.

NuScale Power ROCE % Chart

NuScale Power Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial -707.07 -120.14 -123.16 -46.84 -87.76

NuScale Power 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 -28.67 -33.38 -458.72 -37.44 -20.60
SMR
64GF Score
NuScale Power Corp SMR
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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NuScale Power ROCE % Calculation

NuScale Power'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 )
=-689.571/( ( (544.673 - 89.722) + (1412.512 - 296.056) )/ 2 )
=-689.571/( (454.951+1116.456)/ 2 )
=-689.571/785.7035
=-87.76 %

NuScale Power'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 )
=-230.096/( ( (1412.512 - 296.056) + (1148.327 - 30.938) )/ 2 )
=-230.096/( ( 1116.456 + 1117.389 )/ 2 )
=-230.096/1116.9225
=-20.60 %

(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 -20.60% mean?
NuScale Power (SMR) has a ROCE % of -20.60% as of Mar. 2026.
Is NuScale Power's ROCE % too high?
NuScale Power's current ROCE % is -20.60%. Overall, NuScale Power has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NuScale Power's ROCE % compare to FELE and MIR?
NuScale Power's ROCE % of -20.60% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. 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. 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. NuScale Power's current ROCE % is -20.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuScale Power stock overvalued right now?
Based on GuruFocus' analysis, NuScale Power (SMR) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.13, compared to a current price of $10.21 — trading 99% above its estimated fair value. The current ROCE % is -20.60%. NuScale Power's overall GF Score™ is 64/100 with 4 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 NuScale Power (SMR), the current ROCE % is -20.60% 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 NuScale Power (SMR) Overvalued in 2026?

Based on GuruFocus' analysis, NuScale Power stock appears to be overvalued. The current stock price of $10.21 is trading 99% above its estimated GF Value™ of $5.13. GuruFocus considers NuScale Power to be Significantly Overvalued.

Key valuation signals for SMR:

  • ROCE %: -20.60%
  • GF Value™: $5.13 vs. price of $10.21 (99% above fair value)
  • GF Score™: 64/100 with 4 warning signs

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

NuScale Power Business Description

Address 1100 NE Circle Boulevard, Suite 200, Corvallis, OR, USA, 97330
NuScale Power Corp is redefining nuclear power through the development of proprietary and inventive SMR technology that the Company believes will deliver safe, scalable, cost-effective and reliable carbon-free power. The Company's core technology, the Light Water Nuclear Reactor NuScale Power Module (NPM), can generate 77 MWe and is premised on well-established nuclear technology principles, with a focus on the integration of components, simplification or elimination of systems and use of passive safety features. Its products are VOYGR Plants and E2 Centers.
64GF Score

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

$10.21
Price
$5.13
GF Value