Belden (STU:QCTA) ROCE %: 13.75% (As of Jun. 2026)

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STU:QCTA Belden Inc STU:QCTA
70 GF Score
Price €106.00
GF Value €107.95
Valuation Fairly Valued
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What is Belden ROCE %?

Belden STU:QCTA +20.45% 70 ROCE % is 13.75% as of Jun. 2026. GuruFocus rates STU:QCTA with a GF Score™ of 70/100 and a GF Value™ of €107.95 (Fairly Valued).

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. Belden's annualized ROCE % for the quarter that ended in Jun. 2026 was 13.75%.

Belden  (STU:QCTA) 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.

Belden ROCE % Related Terms

Belden ROCE % Historical Data

* Premium members only.

The historical data trend for Belden'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.

Belden ROCE % Chart

Belden 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 11.36 14.38 12.28 10.22 10.67

Belden Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.18 10.76 12.24 10.78 13.75
STU:QCTA
70GF Score
Belden Inc STU:QCTA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Belden ROCE % Calculation

Belden'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 )
=267.491/( ( (3178.181 - 594.682) + (3026.252 - 595.664) )/ 2 )
=267.491/( (2583.499+2430.588)/ 2 )
=267.491/2507.0435
=10.67 %

Belden's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=343.048/( ( (2992.402 - 530.793) + (3096.465 - 566.618) )/ 2 )
=343.048/( ( 2461.609 + 2529.847 )/ 2 )
=343.048/2495.728
=13.75 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 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 13.75% mean?
Belden (STU:QCTA) has a ROCE % of 13.75% as of Jun. 2026.
Is Belden's ROCE % too high?
Belden's current ROCE % is 13.75%. The Hardware industry median ROCE % is 5.86. Belden's value of 13.75% is 134.8% above this industry median. Overall, Belden has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Belden's ROCE % compare to EXTR and ONDS?
Belden's ROCE % of 13.75% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.86. Belden's value of 13.75% is 134.8% 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 a Hardware company?
The median ROCE % among Hardware companies is 5.86, 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. Belden's current ROCE % of 13.75% is 134.8% 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 Hardware industry, the median ROCE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belden's current ROCE % is 13.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belden stock overvalued right now?
Based on GuruFocus' analysis, Belden (STU:QCTA) is currently considered Fairly Valued. The stock's GF Value™ is €107.95, compared to a current price of €106.00 — trading 1.8% below its estimated fair value. The current ROCE % is 13.75% and 134.8% above the Hardware industry median of 5.86. Belden's overall GF Score™ is 70/100. 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 Belden (STU:QCTA), the current ROCE % is 13.75% as of Jun. 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 Belden (STU:QCTA) Overvalued in 2026?

Based on GuruFocus' analysis, Belden stock appears to be undervalued. The current stock price of €106.00 is trading 1.8% below its estimated GF Value™ of €107.95. GuruFocus considers Belden to be Fairly Valued.

Key valuation signals for STU:QCTA:

  • ROCE %: 13.75%
  • GF Value™: €107.95 vs. price of €106.00 (1.8% below fair value)
  • GF Score™: 70/100
  • Industry Position: 134.8% above the Hardware median

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

Belden Business Description

Other Exchanges BDC:USA
Address 1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, USA, 63105
Belden Inc is a supplier of complete connection solutions. It has two segments, Smart Infrastructure Solutions and Automation Solutions. Smart Infrastructure Solutions provides network infrastructure and broadband solutions, serving markets such as data centers, government, healthcare, and broadband and wireless service providers, with products including copper and fiber cable and connectivity solutions. Automation Solutions provides digitization and automation solutions that enable IT OT convergence and support acquisition, transmission, orchestration, and management, serving markets including Warehousing and Logistics, Energy, Transportation, and Discrete Manufacturing. The company operates in the Americas, EMEA, and APAC, with maximum revenue coming from the Americas.
70GF Score

Get the complete analysis for STU:QCTA

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

€106.00
Price
€107.95
GF Value