VIAV (Viavi Solutions) ROCE %: 5.19% (As of Mar. 2026)

What is Viavi Solutions ROCE %?

Viavi Solutions VIAV +2.08% 57 ROCE % is 5.19% as of Mar. 2026. GuruFocus rates VIAV with a GF Score™ of 57/100 and a GF Value™ of $13.13 (Significantly Overvalued). The stock has 7 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. Viavi Solutions's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.19%.

Viavi Solutions (NAS:VIAV) 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.

Viavi Solutions ROCE % Related Terms

Viavi Solutions ROCE % Historical Data

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The historical data trend for Viavi Solutions'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.

Viavi Solutions ROCE % Chart

Viavi Solutions Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

ROCE %

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10.39

6.41

5.75

2.66

4.58

Viavi Solutions 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															2.82	4.73	1.18	-5.08	5.19

57GF Score

Viavi Solutions Inc VIAV

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Viavi Solutions ROCE % Calculation

Viavi Solutions's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2025 )		(A: Jun. 2024 )		(A: Jun. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2025 )		(A: Jun. 2024 )		(A: Jun. 2025 )
	=	66.2	/	( ( (1736.3 - 247.1)	+	(1993.8 - 589.7) )	/ 2 )
	=	66.2	/	( (1489.2	+	1404.1)	/ 2 )
	=	66.2	/	1446.65
	=	4.58 %

Viavi Solutions'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 )
	=	108	/	( ( (2777.8 - 489.6)	+	(2527.8 - 652.5) )	/ 2 )
	=	108	/	( ( 2288.2	+	1875.3 )	/ 2 )
	=	108	/	2081.75
	=	5.19 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 5.19% mean?

Viavi Solutions (VIAV) has a ROCE % of 5.19% as of Mar. 2026.

Is Viavi Solutions' ROCE % too high?

Viavi Solutions' current ROCE % is 5.19%. The Hardware industry median ROCE % is 5.83. Viavi Solutions' value of 5.19% is 10.9% below this industry median. Overall, Viavi Solutions has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Viavi Solutions' ROCE % compare to ZBRA and AAOI?

Viavi Solutions' ROCE % of 5.19% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. Viavi Solutions' value of 5.19% is 10.9% 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 Hardware company?

The median ROCE % among Hardware companies is 5.83, based on 2,444 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. Viavi Solutions's current ROCE % of 5.19% is 10.9% 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 Hardware industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viavi Solutions's current ROCE % is 5.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Viavi Solutions stock overvalued right now?

Based on GuruFocus' analysis, Viavi Solutions (VIAV) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.13, compared to a current price of $50.44 — trading 284.2% above its estimated fair value. The current ROCE % is 5.19% and 10.9% below the Hardware industry median of 5.83. Viavi Solutions' overall GF Score™ is 57/100 with 7 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 Viavi Solutions (VIAV), the current ROCE % is 5.19% 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 Viavi Solutions (VIAV) Overvalued in 2026?

Based on GuruFocus' analysis, Viavi Solutions stock appears to be overvalued. The current stock price of $50.44 is trading 284.2% above its estimated GF Value™ of $13.13. GuruFocus considers Viavi Solutions to be Significantly Overvalued.

Key valuation signals for VIAV:

ROCE %: 5.19%
GF Value™: $13.13 vs. price of $50.44 (284.2% above fair value)
GF Score™: 57/100 with 7 warning signs
Industry Position: 10.9% below the Hardware median

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

Viavi Solutions Business Description

Industry Technology Hardware

Comparable Companies ZBRA AAOI VSAT ONDS BDC EXTR VISN DGII HLIT ADTN CSCO SHSE:601138 SZSE:300308 SZSE:300502 CIEN OHEL:NOKIA MSI LITE HPE SZSE:300394

Other Exchanges VIAV:Mexico UNS1:Germany

Address 1445 South Spectrum Boulevard, Suite 102, Chandler, AZ, USA, 85286

Website https://www.viavisolutions.com

Viavi Solutions Inc. is an international provider of network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military and avionics customers. The company also offers high-performance thin-film optical coatings, providing light management solutions to anti-counterfeiting, 3D sensing, electronics, automotive, defense, and instrumentation markets. Its operating segments include Network Enablement, Service Enablement, and Optical Security and Performance Products. Geographically, it derives a majority of its revenue from the United States. Additionally, it manufactures and sells optical filters for 3D sensing products that allow facial recognition security authentication for mobile devices.

57GF Score

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$50.44

Price

$13.13

GF Value

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