Evertz Technologies (TSX:ET) ROCE %: 41.91% (As of Jan. 2026)

What is Evertz Technologies ROCE %?

Evertz Technologies TSX:ET -1.87% 86 ROCE % is 41.91% as of Jan. 2026. GuruFocus rates TSX:ET with a GF Score™ of 86/100 and a GF Value™ of C$13.31 (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. Evertz Technologies's annualized ROCE % for the quarter that ended in Jan. 2026 was 41.91%.

Evertz Technologies (TSX:ET) 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.

Evertz Technologies ROCE % Related Terms

Evertz Technologies ROCE % Historical Data

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The historical data trend for Evertz Technologies'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.

Evertz Technologies ROCE % Chart

Evertz Technologies Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Apr25

ROCE %

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17.94

34.90

35.11

35.75

29.10

Evertz Technologies Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26
ROCE %	Get a 7-Day Free Trial															40.12	26.53	22.98	36.69	41.91

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Evertz Technologies Ltd TSX:ET

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Evertz Technologies ROCE % Calculation

Evertz Technologies's annualized ROCE % for the fiscal year that ended in Apr. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2025 )		(A: Apr. 2024 )		(A: Apr. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2025 )		(A: Apr. 2024 )		(A: Apr. 2025 )
	=	83.471	/	( ( (484.722 - 197.441)	+	(469.485 - 183.175) )	/ 2 )
	=	83.471	/	( (287.281	+	286.31)	/ 2 )
	=	83.471	/	286.7955
	=	29.10 %

Evertz Technologies's ROCE % of for the quarter that ended in Jan. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2026 )		(Q: Oct. 2025 )		(Q: Jan. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2026 )		(Q: Oct. 2025 )		(Q: Jan. 2026 )
	=	104.3	/	( ( (466.69 - 182.408)	+	(417.037 - 203.639) )	/ 2 )
	=	104.3	/	( ( 284.282	+	213.398 )	/ 2 )
	=	104.3	/	248.84
	=	41.91 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 41.91% mean?

Evertz Technologies (TSX:ET) has a ROCE % of 41.91% as of Jan. 2026.

Is Evertz Technologies' ROCE % too high?

Evertz Technologies' current ROCE % is 41.91%. The Hardware industry median ROCE % is 5.82. Evertz Technologies' value of 41.91% is 620.1% above this industry median. Overall, Evertz Technologies has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Evertz Technologies' ROCE % compare to CSCO and CIEN?

Evertz Technologies' ROCE % of 41.91% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.82. Evertz Technologies' value of 41.91% is 620.1% 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 5.82, based on 2,445 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. Evertz Technologies's current ROCE % of 41.91% is 620.1% 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 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evertz Technologies's current ROCE % is 41.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Evertz Technologies stock overvalued right now?

Based on GuruFocus' analysis, Evertz Technologies (TSX:ET) is currently considered Modestly Overvalued. The stock's GF Value™ is C$13.31, compared to a current price of C$16.24 — trading 22% above its estimated fair value. The current ROCE % is 41.91% and 620.1% above the Hardware industry median of 5.82. Evertz Technologies' overall GF Score™ is 86/100 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 Evertz Technologies (TSX:ET), the current ROCE % is 41.91% as of Jan. 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 Evertz Technologies (TSX:ET) Overvalued in 2026?

Based on GuruFocus' analysis, Evertz Technologies stock appears to be overvalued. The current stock price of C$16.24 is trading 22% above its estimated GF Value™ of C$13.31. GuruFocus considers Evertz Technologies to be Modestly Overvalued.

Key valuation signals for TSX:ET:

ROCE %: 41.91%
GF Value™: C$13.31 vs. price of C$16.24 (22% above fair value)
GF Score™: 86/100 with 8 warning signs
Industry Position: 620.1% above the Hardware median

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

Evertz Technologies Business Description

Industry Technology Hardware

Comparable Companies TSX:TSAT TSX:VCM TSX:QTRH TSXV:ENA TSXV:BEW XCNQ:NUR TSX:BYL TSXV:CMI XCNQ:CTTT TSXV:YFI CSCO SHSE:601138 SZSE:300308 SZSE:300502 CIEN OHEL:NOKIA MSI LITE HPE SZSE:300394

Other Exchanges EVTZF:USA 74E:Germany

Address 5292 John Lucas Drive, Burlington, ON, CAN, L7L 5Z9

Website https://www.evertz.com

Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.

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C$16.24

Price

C$13.31

GF Value

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