Pollard Banknote (TSX:PBL) ROCE %: 5.16% (As of Mar. 2026)


TSX:PBL Pollard Banknote Ltd TSX:PBL
71 GF Score
Price C$17.50
GF Value C$27.86
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Pollard Banknote ROCE %?

Pollard Banknote TSX:PBL +0.52% 71 ROCE % is 5.16% as of Mar. 2026. GuruFocus rates TSX:PBL with a GF Score™ of 71/100 and a GF Value™ of C$27.86 (Significantly Undervalued). The stock has 5 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. Pollard Banknote's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.16%.

Pollard Banknote  (TSX:PBL) 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.

Pollard Banknote ROCE % Related Terms

Pollard Banknote ROCE % Historical Data

* Premium members only.

The historical data trend for Pollard Banknote'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.

Pollard Banknote ROCE % Chart

Pollard Banknote 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 9.12 7.97 11.88 13.63 12.04

Pollard Banknote 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 13.98 9.95 12.77 9.11 5.16
TSX:PBL
71GF Score
Pollard Banknote Ltd TSX:PBL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pollard Banknote ROCE % Calculation

Pollard Banknote'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 )
=63.286/( ( (636.308 - 135.013) + (695.895 - 146.147) )/ 2 )
=63.286/( (501.295+549.748)/ 2 )
=63.286/525.5215
=12.04 %

Pollard Banknote'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 )
=28.424/( ( (695.895 - 146.147) + (691.789 - 140.891) )/ 2 )
=28.424/( ( 549.748 + 550.898 )/ 2 )
=28.424/550.323
=5.16 %

(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 5.16% mean?
Pollard Banknote (TSX:PBL) has a ROCE % of 5.16% as of Mar. 2026.
Is Pollard Banknote's ROCE % too high?
Pollard Banknote's current ROCE % is 5.16%. The Travel & Leisure industry median ROCE % is 6.08. Pollard Banknote's value of 5.16% is 15.1% below this industry median. Overall, Pollard Banknote has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pollard Banknote's ROCE % compare to FLUT and DKNG?
Pollard Banknote's ROCE % of 5.16% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.08. Pollard Banknote's value of 5.16% is 15.1% below 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 Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.08, based on 838 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. Pollard Banknote's current ROCE % of 5.16% is 15.1% below 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 Travel & Leisure industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pollard Banknote's current ROCE % is 5.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pollard Banknote stock overvalued right now?
Based on GuruFocus' analysis, Pollard Banknote (TSX:PBL) is currently considered Significantly Undervalued. The stock's GF Value™ is C$27.86, compared to a current price of C$17.50 — trading 37.2% below its estimated fair value. The current ROCE % is 5.16% and 15.1% below the Travel & Leisure industry median of 6.08. Pollard Banknote's overall GF Score™ is 71/100 with 5 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 Pollard Banknote (TSX:PBL), the current ROCE % is 5.16% 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 Pollard Banknote (TSX:PBL) Overvalued in 2026?

Based on GuruFocus' analysis, Pollard Banknote stock appears to be undervalued. The current stock price of C$17.50 is trading 37.2% below its estimated GF Value™ of C$27.86. GuruFocus considers Pollard Banknote to be Significantly Undervalued.

Key valuation signals for TSX:PBL:

  • ROCE %: 5.16%
  • GF Value™: C$27.86 vs. price of C$17.50 (37.2% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 15.1% below the Travel & Leisure median

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

Pollard Banknote Business Description

Other Exchanges PBKOF:USA67L:Germany
Address 140 Otter Street, Winnipeg, MB, CAN, R3T 0M8
Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries, charitable gaming, Retail and eGaming systems. The company has one reportable segment, which comprises its four operating segments which includes Lotteries, Charitable gaming, eGaming systems, and Retail. The company has its geographic presence in Canada, United States and International. It generates majority of its revenue from United States.
71GF Score

Get the complete analysis for TSX:PBL

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

C$17.50
Price
C$27.86
GF Value