Madkom (WAR:MAD) ROCE %: 25.99% (As of Mar. 2026)


WAR:MAD Madkom SA WAR:MAD
79 GF Score
Price zł2.70
GF Value zł2.79
Valuation Fairly Valued
! 3 Warning Signs
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What is Madkom ROCE %?

Madkom WAR:MAD +0.75% 79 ROCE % is 25.99% as of Mar. 2026. GuruFocus rates WAR:MAD with a GF Score™ of 79/100 and a GF Value™ of zł2.79 (Fairly Valued). The stock has 3 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. Madkom's annualized ROCE % for the quarter that ended in Mar. 2026 was 25.99%.


Madkom  (WAR:MAD) 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.


Madkom ROCE % Related Terms


Madkom ROCE % Historical Data

* Premium members only.

The historical data trend for Madkom'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.

Madkom ROCE % Chart

Madkom 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 9.09 6.73 16.29 -9.50 27.69

Madkom 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 10.27 -30.89 40.96 25.59 25.99
WAR:MAD
79GF Score
Madkom SA WAR:MAD
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Madkom ROCE % Calculation

Madkom'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 )
=3.79/( ( (17.267 - 5.181) + (21.591 - 6.304) )/ 2 )
=3.79/( (12.086+15.287)/ 2 )
=3.79/13.6865
=27.69 %

Madkom'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 )
=4.172/( ( (21.591 - 6.304) + (23.612 - 6.79) )/ 2 )
=4.172/( ( 15.287 + 16.822 )/ 2 )
=4.172/16.0545
=25.99 %

(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 25.99% mean?
Madkom (WAR:MAD) has a ROCE % of 25.99% as of Mar. 2026.
Is Madkom's ROCE % too high?
Madkom's current ROCE % is 25.99%. The Software industry median ROCE % is 5.27. Madkom's value of 25.99% is 393.2% above this industry median. Overall, Madkom has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Madkom's ROCE % compare to CRM and SHOP?
Madkom's ROCE % of 25.99% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. Madkom's value of 25.99% is 393.2% 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 Software company?
The median ROCE % among Software companies is 5.27, based on 2,713 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. Madkom's current ROCE % of 25.99% is 393.2% 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 Software industry, the median ROCE % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madkom's current ROCE % is 25.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madkom stock overvalued right now?
Based on GuruFocus' analysis, Madkom (WAR:MAD) is currently considered Fairly Valued. The stock's GF Value™ is zł2.79, compared to a current price of zł2.70 — trading 3.2% below its estimated fair value. The current ROCE % is 25.99% and 393.2% above the Software industry median of 5.27. Madkom's overall GF Score™ is 79/100 with 3 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 Madkom (WAR:MAD), the current ROCE % is 25.99% 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 Madkom (WAR:MAD) Overvalued in 2026?

Based on GuruFocus' analysis, Madkom stock appears to be undervalued. The current stock price of zł2.70 is trading 3.2% below its estimated GF Value™ of zł2.79. GuruFocus considers Madkom to be Fairly Valued.

Key valuation signals for WAR:MAD:

  • ROCE %: 25.99%
  • GF Value™: zł2.79 vs. price of zł2.70 (3.2% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 393.2% above the Software median

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


Madkom Business Description

Address Al. Zwyciestwa 96/98, Gdynia, POL, 81-451
Madkom SA is a supplier and integrator of authoring software for document management, information and processes in public administration. The products of the company include SIDAS EZD, a Electronic Document Management System; SIDAS AZ, is a tool for public administration; SIDAS BUDGET, is a system designed for local government administration units; SIDAS Goniec, is an application for mobile devices intended for messengers; SIDAS BIP, is a specialized IT system; and others.
79GF Score

Get the complete analysis for WAR:MAD

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

zł2.70
Price
zł2.79
GF Value