Napatech AS (STU:NAT) ROCE %: -40.38% (As of Mar. 2026)


STU:NAT Napatech AS STU:NAT
58 GF Score
Price €4.12
GF Value €2.13
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Napatech AS ROCE %?

Napatech AS STU:NAT -2.02% 58 ROCE % is -40.38% as of Mar. 2026. GuruFocus rates STU:NAT with a GF Score™ of 58/100 and a GF Value™ of €2.13 (Significantly Overvalued). The stock has 1 warning sign 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. Napatech AS's annualized ROCE % for the quarter that ended in Mar. 2026 was -40.38%.

Napatech AS  (STU:NAT) 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.

Napatech AS ROCE % Related Terms

Napatech AS ROCE % Historical Data

* Premium members only.

The historical data trend for Napatech AS'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.

Napatech AS ROCE % Chart

Napatech AS 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 30.50 -34.25 -28.86 -75.16 -42.71

Napatech AS 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 -91.50 -54.51 -18.63 -14.78 -40.38
STU:NAT
58GF Score
Napatech AS STU:NAT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Napatech AS ROCE % Calculation

Napatech AS'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 )
=-11.199/( ( (30.831 - 7.67) + (36.412 - 7.128) )/ 2 )
=-11.199/( (23.161+29.284)/ 2 )
=-11.199/26.2225
=-42.71 %

Napatech AS'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 )
=-11.3/( ( (36.412 - 7.128) + (31.055 - 4.375) )/ 2 )
=-11.3/( ( 29.284 + 26.68 )/ 2 )
=-11.3/27.982
=-40.38 %

(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 -40.38% mean?
Napatech AS (STU:NAT) has a ROCE % of -40.38% as of Mar. 2026.
Is Napatech AS's ROCE % too high?
Napatech AS's current ROCE % is -40.38%. Overall, Napatech AS has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Napatech AS's ROCE % compare to CSCO and CIEN?
Napatech AS's ROCE % of -40.38% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. 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 5.83, based on 2,444 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 Hardware industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Napatech AS's current ROCE % is -40.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Napatech AS stock overvalued right now?
Based on GuruFocus' analysis, Napatech AS (STU:NAT) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.13, compared to a current price of €4.12 — trading 93.2% above its estimated fair value. The current ROCE % is -40.38%. Napatech AS's overall GF Score™ is 58/100 with 1 warning sign 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 Napatech AS (STU:NAT), the current ROCE % is -40.38% 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 Napatech AS (STU:NAT) Overvalued in 2026?

Based on GuruFocus' analysis, Napatech AS stock appears to be overvalued. The current stock price of €4.12 is trading 93.2% above its estimated GF Value™ of €2.13. GuruFocus considers Napatech AS to be Significantly Overvalued.

Key valuation signals for STU:NAT:

  • ROCE %: -40.38%
  • GF Value™: €2.13 vs. price of €4.12 (93.2% above fair value)
  • GF Score™: 58/100 with 1 warning sign

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

Napatech AS Business Description

Address Tobaksvejen 23A, Soeborg, Copenhagen, DNK, DK-2860
Napatech AS is a tech company. It enhances open and standard virtualized servers to boost innovation and release valuable computing resources that improve services and increase revenue. The Group manufactures and sells network adapters to end-users and through third-party channel partners. It derives the maximum of its revenue from the Americas.
58GF Score

Get the complete analysis for STU:NAT

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

€4.12
Price
€2.13
GF Value