SPXC (SPX Technologies) ROCE %: 10.49% (As of Mar. 2026)

What is SPX Technologies ROCE %?

SPX Technologies SPXC +2.62% 91 ROCE % is 10.49% as of Mar. 2026. GuruFocus rates SPXC with a GF Score™ of 91/100 and a GF Value™ of $177.95 (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. SPX Technologies's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.49%.

SPX Technologies (NYSE:SPXC) 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.

SPX Technologies ROCE % Related Terms

SPX Technologies ROCE % Historical Data

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The historical data trend for SPX Technologies'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.

SPX Technologies ROCE % Chart

SPX Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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4.20

1.92

11.74

13.89

13.32

SPX Technologies 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															11.34	12.45	12.78	14.68	10.49

91GF Score

SPX Technologies Inc SPXC

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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SPX Technologies ROCE % Calculation

SPX Technologies'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 )
	=	362.2	/	( ( (2714.5 - 418.3)	+	(3604.6 - 461.1) )	/ 2 )
	=	362.2	/	( (2296.2	+	3143.5)	/ 2 )
	=	362.2	/	2719.85
	=	13.32 %

SPX Technologies'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 )
	=	343.2	/	( ( (3604.6 - 461.1)	+	(3879.5 - 481.2) )	/ 2 )
	=	343.2	/	( ( 3143.5	+	3398.3 )	/ 2 )
	=	343.2	/	3270.9
	=	10.49 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 10.49% mean?

SPX Technologies (SPXC) has a ROCE % of 10.49% as of Mar. 2026.

Is SPX Technologies' ROCE % too high?

SPX Technologies' current ROCE % is 10.49%. The Construction industry median ROCE % is 8.22. SPX Technologies' value of 10.49% is 27.6% above this industry median. Overall, SPX Technologies has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does SPX Technologies' ROCE % compare to WMS and AAON?

SPX Technologies' ROCE % of 10.49% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. SPX Technologies' value of 10.49% is 27.6% 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 Construction company?

The median ROCE % among Construction companies is 8.22, based on 1,754 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. SPX Technologies's current ROCE % of 10.49% is 27.6% 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPX Technologies's current ROCE % is 10.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SPX Technologies stock overvalued right now?

Based on GuruFocus' analysis, SPX Technologies (SPXC) is currently considered Significantly Overvalued. The stock's GF Value™ is $177.95, compared to a current price of $243.43 — trading 36.8% above its estimated fair value. The current ROCE % is 10.49% and 27.6% above the Construction industry median of 8.22. SPX Technologies' overall GF Score™ is 91/100 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 SPX Technologies (SPXC), the current ROCE % is 10.49% 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 SPX Technologies (SPXC) Overvalued in 2026?

Based on GuruFocus' analysis, SPX Technologies stock appears to be overvalued. The current stock price of $243.43 is trading 36.8% above its estimated GF Value™ of $177.95. GuruFocus considers SPX Technologies to be Significantly Overvalued.

Key valuation signals for SPXC:

ROCE %: 10.49%
GF Value™: $177.95 vs. price of $243.43 (36.8% above fair value)
GF Score™: 91/100 with 4 warning signs
Industry Position: 27.6% above the Construction median

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

SPX Technologies Business Description

Industry Industrials Construction

Comparable Companies WMS AAON OC BLDR CSL MAS AWI LPX FBIN TREX TT JCI CARR XPAR:SGO TSE:6367 MAIR XSWX:GEBN LII DUB:KRX XSWX:BEAN

Other Exchanges SPW0:Germany

Address 6325 Ardrey Kell Road, Suite 400, Charlotte, NC, USA, 28277

Website https://www.spx.com

SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through two reportable segments. The HVAC segment which generates the majority of the revenue for the company, designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The Detection and Measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. Geographically, the company has its operations in the United States, Canada, China, the United Kingdom, and Others. It derives maximum revenue from United States.

91GF Score

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

$243.43

Price

$177.95

GF Value

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