Northwest Natural Holding Co (STU:NN3) ROCE %: 11.94% (As of Mar. 2026)


STU:NN3 Northwest Natural Holding Co STU:NN3
70 GF Score
Price €43.68
GF Value €37.03
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Northwest Natural Holding Co ROCE %?

Northwest Natural Holding Co STU:NN3 +2.49% 70 ROCE % is 11.94% as of Mar. 2026. GuruFocus rates STU:NN3 with a GF Score™ of 70/100 and a GF Value™ of €37.03 (Modestly Overvalued). The stock has 8 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. Northwest Natural Holding Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.94%.

Northwest Natural Holding Co  (STU:NN3) 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.

Northwest Natural Holding Co ROCE % Related Terms

Northwest Natural Holding Co ROCE % Historical Data

* Premium members only.

The historical data trend for Northwest Natural Holding Co'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.

Northwest Natural Holding Co ROCE % Chart

Northwest Natural Holding Co 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 4.82 4.83 4.99 4.42 5.30

Northwest Natural Holding Co 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 12.24 2.03 -0.89 8.42 11.94
STU:NN3
70GF Score
Northwest Natural Holding Co STU:NN3
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Northwest Natural Holding Co ROCE % Calculation

Northwest Natural Holding Co'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 )
=236.721/( ( (4998.772 - 619.811) + (5266.653 - 714.324) )/ 2 )
=236.721/( (4378.961+4552.329)/ 2 )
=236.721/4465.645
=5.30 %

Northwest Natural Holding Co'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 )
=565.296/( ( (5266.653 - 714.324) + (5552.406 - 631.907) )/ 2 )
=565.296/( ( 4552.329 + 4920.499 )/ 2 )
=565.296/4736.414
=11.94 %

(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 11.94% mean?
Northwest Natural Holding Co (STU:NN3) has a ROCE % of 11.94% as of Mar. 2026.
Is Northwest Natural Holding Co's ROCE % too high?
Northwest Natural Holding Co's current ROCE % is 11.94%. The Utilities - Regulated industry median ROCE % is 6.95. Northwest Natural Holding Co's value of 11.94% is 71.8% above this industry median. Overall, Northwest Natural Holding Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northwest Natural Holding Co's ROCE % compare to SPH and CPK?
Northwest Natural Holding Co's ROCE % of 11.94% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.95. Northwest Natural Holding Co's value of 11.94% is 71.8% 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 an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.95, based on 505 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. Northwest Natural Holding Co's current ROCE % of 11.94% is 71.8% 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 Utilities - Regulated industry, the median ROCE % is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northwest Natural Holding Co's current ROCE % is 11.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northwest Natural Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Northwest Natural Holding Co (STU:NN3) is currently considered Modestly Overvalued. The stock's GF Value™ is €37.03, compared to a current price of €43.68 — trading 18% above its estimated fair value. The current ROCE % is 11.94% and 71.8% above the Utilities - Regulated industry median of 6.95. Northwest Natural Holding Co's overall GF Score™ is 70/100 with 8 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 Northwest Natural Holding Co (STU:NN3), the current ROCE % is 11.94% 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 Northwest Natural Holding Co (STU:NN3) Overvalued in 2026?

Based on GuruFocus' analysis, Northwest Natural Holding Co stock appears to be overvalued. The current stock price of €43.68 is trading 18% above its estimated GF Value™ of €37.03. GuruFocus considers Northwest Natural Holding Co to be Modestly Overvalued.

Key valuation signals for STU:NN3:

  • ROCE %: 11.94%
  • GF Value™: €37.03 vs. price of €43.68 (18% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 71.8% above the Utilities - Regulated median

No single metric tells the full story. See the STU:NN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Northwest Natural Holding Co Business Description

Other Exchanges NWN:USANN3:Germany
Address 250 S.W. Taylor Street, Portland, OR, USA, 97204
Northwest Natural Holding Co is a public natural gas service supplier operating in the U.S. Pacific Northwest. Its subsidiary, NW Natural, operates through the natural gas distribution segment, which purchases and distributes natural gas through which operates in Oregon and southwest Washington. The company operates in three reportable business segments, which are NWN Gas Utility, SiEnergy, and NWN Water. The company generates maximum revenue from NWN Gas Utility segment. It also generates revenue from residential, commercial, and industrial customers, the majority of which are in Oregon. Residential and commercial customers account for the vast majority of profitability.
70GF Score

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

€43.68
Price
€37.03
GF Value