Netgem (STU:NGP) ROCE %: 11.67% (As of Dec. 2025)

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STU:NGP Netgem SA STU:NGP
55 GF Score
Price €0.86
GF Value €0.76
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Netgem ROCE %?

Netgem STU:NGP +1.66% 55 ROCE % is 11.67% as of Dec. 2025. GuruFocus rates STU:NGP with a GF Score™ of 55/100 and a GF Value™ of €0.76 (Modestly Overvalued). The stock has 6 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. Netgem's annualized ROCE % for the quarter that ended in Dec. 2025 was 11.67%.

Netgem  (STU:NGP) 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.

Netgem ROCE % Related Terms

Netgem ROCE % Historical Data

* Premium members only.

The historical data trend for Netgem'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.

Netgem ROCE % Chart

Netgem 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 -13.74 -8.80 1.14 7.76 7.54

Netgem 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 2.06 6.39 9.36 3.54 11.67
STU:NGP
55GF Score
Netgem SA STU:NGP
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Netgem ROCE % Calculation

Netgem'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 )
=1.976/( ( (38.211 - 12.208) + (35.865 - 9.433) )/ 2 )
=1.976/( (26.003+26.432)/ 2 )
=1.976/26.2175
=7.54 %

Netgem'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 )
=3.038/( ( (37.353 - 11.741) + (35.865 - 9.433) )/ 2 )
=3.038/( ( 25.612 + 26.432 )/ 2 )
=3.038/26.022
=11.67 %

(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 11.67% mean?
Netgem (STU:NGP) has a ROCE % of 11.67% as of Dec. 2025.
Is Netgem's ROCE % too high?
Netgem's current ROCE % is 11.67%. The Hardware industry median ROCE % is 5.89. Netgem's value of 11.67% is 98.3% above this industry median. Overall, Netgem has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Netgem's ROCE % compare to CSCO and CIEN?
Netgem's ROCE % of 11.67% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.89. Netgem's value of 11.67% is 98.3% 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 Hardware company?
The median ROCE % among Hardware companies is 5.89, based on 2,452 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. Netgem's current ROCE % of 11.67% is 98.3% 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 Hardware industry, the median ROCE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netgem's current ROCE % is 11.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netgem stock overvalued right now?
Based on GuruFocus' analysis, Netgem (STU:NGP) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.76, compared to a current price of €0.86 — trading 12.6% above its estimated fair value. The current ROCE % is 11.67% and 98.3% above the Hardware industry median of 5.89. Netgem's overall GF Score™ is 55/100 with 6 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 Netgem (STU:NGP), the current ROCE % is 11.67% 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 Netgem (STU:NGP) Overvalued in 2026?

Based on GuruFocus' analysis, Netgem stock appears to be overvalued. The current stock price of €0.86 is trading 12.6% above its estimated GF Value™ of €0.76. GuruFocus considers Netgem to be Modestly Overvalued.

Key valuation signals for STU:NGP:

  • ROCE %: 11.67%
  • GF Value™: €0.76 vs. price of €0.86 (12.6% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 98.3% above the Hardware median

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

Netgem Business Description

Address 27 rue d\'Orleans, Neuilly-sur-Seine, FRA, 92200
Netgem SA provides a complete Entertainment software. The Group offers hardware and software technologies to telecommunication operators worldwide. It also provides hardware services including the end-to-end design, development and production of set-top boxes.
55GF Score

Get the complete analysis for STU:NGP

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

€0.86
Price
€0.76
GF Value