SPMMF (Space Communication) ROCE %: 12.68% (As of Mar. 2026)

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SPMMF Space Communication Ltd SPMMF
34 GF Score
Price $0.53
GF Value $0.14
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Space Communication ROCE %?

Space Communication SPMMF 34 ROCE % is 12.68% as of Mar. 2026. GuruFocus rates SPMMF with a GF Score™ of 34/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 5 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. Space Communication's annualized ROCE % for the quarter that ended in Mar. 2026 was 12.68%.

Space Communication  (OTCPK:SPMMF) 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.

Space Communication ROCE % Related Terms

Space Communication ROCE % Historical Data

* Premium members only.

The historical data trend for Space Communication'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.

Space Communication ROCE % Chart

Space Communication 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 2.44 -17.12 1.58 97.33 42.14

Space Communication 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 63.46 84.66 36.62 56.75 12.68
SPMMF
34GF Score
Space Communication Ltd SPMMF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Space Communication ROCE % Calculation

Space Communication'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 )
=56.016/( ( (434.182 - 384.991) + (246.592 - 29.951) )/ 2 )
=56.016/( (49.191+216.641)/ 2 )
=56.016/132.916
=42.14 %

Space Communication'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 )
=27.688/( ( (246.592 - 29.951) + (249.685 - 29.775) )/ 2 )
=27.688/( ( 216.641 + 219.91 )/ 2 )
=27.688/218.2755
=12.68 %

(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 12.68% mean?
Space Communication (SPMMF) has a ROCE % of 12.68% as of Mar. 2026.
Is Space Communication's ROCE % too high?
Space Communication's current ROCE % is 12.68%. The Telecommunication Services industry median ROCE % is 7.74. Space Communication's value of 12.68% is 63.8% above this industry median. Overall, Space Communication has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Space Communication's ROCE % compare to TMUS and VZ?
Space Communication's ROCE % of 12.68% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.74. Space Communication's value of 12.68% is 63.8% 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 Telecommunication Services company?
The median ROCE % among Telecommunication Services companies is 7.74, based on 351 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. Space Communication's current ROCE % of 12.68% is 63.8% 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 Telecommunication Services industry, the median ROCE % is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Communication's current ROCE % is 12.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Communication stock overvalued right now?
Based on GuruFocus' analysis, Space Communication (SPMMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $0.53 — trading 275.4% above its estimated fair value. The current ROCE % is 12.68% and 63.8% above the Telecommunication Services industry median of 7.74. Space Communication's overall GF Score™ is 34/100 with 5 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 Space Communication (SPMMF), the current ROCE % is 12.68% 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 Space Communication (SPMMF) Overvalued in 2026?

Based on GuruFocus' analysis, Space Communication stock appears to be overvalued. The current stock price of $0.53 is trading 275.4% above its estimated GF Value™ of $0.14. GuruFocus considers Space Communication to be Significantly Overvalued.

Key valuation signals for SPMMF:

  • ROCE %: 12.68%
  • GF Value™: $0.14 vs. price of $0.53 (275.4% above fair value)
  • GF Score™: 34/100 with 5 warning signs
  • Industry Position: 63.8% above the Telecommunication Services median

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

Space Communication Business Description

Other Exchanges SCC:Israel
Address 7 Menachem Begin Road, Ramat Gan, Ramat Gan, ISR, 52521
Space Communication Ltd is a satellite operator and satellite service provider. It provides broadcasting and communications services to Direct-to-home (DTH) operators, TV broadcasters and programmers, government and corporate organizations, and VSAT network operators.
34GF Score

Get the complete analysis for SPMMF

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

$0.53
Price
$0.14
GF Value