Bell Equipment (STU:B2K) ROCE %: 8.52% (As of Dec. 2025)


STU:B2K Bell Equipment Ltd STU:B2K
79 GF Score
Price €1.78
GF Value €1.62
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Bell Equipment ROCE %?

Bell Equipment STU:B2K -4.30% 79 ROCE % is 8.52% as of Dec. 2025. GuruFocus rates STU:B2K with a GF Score™ of 79/100 and a GF Value™ of €1.62 (Modestly Overvalued). 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. Bell Equipment's annualized ROCE % for the quarter that ended in Dec. 2025 was 8.52%.

Bell Equipment  (STU:B2K) 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.

Bell Equipment ROCE % Related Terms

Bell Equipment ROCE % Historical Data

* Premium members only.

The historical data trend for Bell Equipment'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.

Bell Equipment ROCE % Chart

Bell Equipment 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 10.63 15.86 21.06 13.63 9.40

Bell Equipment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 23.27 18.14 8.71 10.25 8.52
STU:B2K
79GF Score
Bell Equipment Ltd STU:B2K
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bell Equipment ROCE % Calculation

Bell Equipment'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 )
=32.792/( ( (476.609 - 128.227) + (453.861 - 104.577) )/ 2 )
=32.792/( (348.382+349.284)/ 2 )
=32.792/348.833
=9.40 %

Bell Equipment's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=29.12/( ( (447.534 - 113.477) + (453.861 - 104.577) )/ 2 )
=29.12/( ( 334.057 + 349.284 )/ 2 )
=29.12/341.6705
=8.52 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 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 8.52% mean?
Bell Equipment (STU:B2K) has a ROCE % of 8.52% as of Dec. 2025.
Is Bell Equipment's ROCE % too high?
Bell Equipment's current ROCE % is 8.52%. The Farm & Heavy Construction Machinery industry median ROCE % is 9.18. Bell Equipment's value of 8.52% is 7.2% below this industry median. Overall, Bell Equipment has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bell Equipment's ROCE % compare to CAT and DE?
Bell Equipment's ROCE % of 8.52% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median ROCE % is 9.18. Bell Equipment's value of 8.52% is 7.2% 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 Farm & Heavy Construction Machinery company?
The median ROCE % among Farm & Heavy Construction Machinery companies is 9.18, based on 205 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. Bell Equipment's current ROCE % of 8.52% is 7.2% 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 Farm & Heavy Construction Machinery industry, the median ROCE % is 9.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bell Equipment's current ROCE % is 8.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bell Equipment stock overvalued right now?
Based on GuruFocus' analysis, Bell Equipment (STU:B2K) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.62, compared to a current price of €1.78 — trading 9.9% above its estimated fair value. The current ROCE % is 8.52% and 7.2% below the Farm & Heavy Construction Machinery industry median of 9.18. Bell Equipment's overall GF Score™ is 79/100 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 Bell Equipment (STU:B2K), the current ROCE % is 8.52% as of Dec. 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 Bell Equipment (STU:B2K) Overvalued in 2026?

Based on GuruFocus' analysis, Bell Equipment stock appears to be overvalued. The current stock price of €1.78 is trading 9.9% above its estimated GF Value™ of €1.62. GuruFocus considers Bell Equipment to be Modestly Overvalued.

Key valuation signals for STU:B2K:

  • ROCE %: 8.52%
  • GF Value™: €1.62 vs. price of €1.78 (9.9% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 7.2% below the Farm & Heavy Construction Machinery median

No single metric tells the full story. See the STU:B2K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bell Equipment Business Description

Address 13 - 19 Carbonode Cell Road, Alton, Richards Bay, ZAF, 3900
Bell Equipment Ltd designs and manufactures a wide Collection of products. This includes a complete range of Bell forestry and agriculture products. It seeks to develop and support local suppliers and invests in outreach initiatives with a focus on education, training, and development both internally and externally. It conducts two main business operations Manufacturing, assembly, logistics and dealer sales operations which is OEM operations comprising manufacturing, assembly and sales of equipment and aftermarket products to independent dealers for their distribution to market; and Direct Sales operations which is owned distribution operations for direct sales of own manufactured products, other third party products and the supply of aftermarket support and products to market.
79GF Score

Get the complete analysis for STU:B2K

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

€1.78
Price
€1.62
GF Value