ML System (WAR:MLS) ROCE %: -6.87% (As of Mar. 2026)


WAR:MLS ML System SA WAR:MLS
73 GF Score
Price zł14.70
GF Value zł22.93
Valuation Possible Value Trap
! 8 Warning Signs
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What is ML System ROCE %?

ML System WAR:MLS +0.41% 73 ROCE % is -6.87% as of Mar. 2026. GuruFocus rates WAR:MLS with a GF Score™ of 73/100 and a GF Value™ of zł22.93 (Possible Value Trap). 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. ML System's annualized ROCE % for the quarter that ended in Mar. 2026 was -6.87%.

ML System  (WAR:MLS) 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.

ML System ROCE % Related Terms

ML System ROCE % Historical Data

* Premium members only.

The historical data trend for ML System'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.

ML System ROCE % Chart

ML System Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 1.69 2.46 -2.10 -8.05

ML System Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 -15.25 -15.34 -16.33 -5.04 -6.87
WAR:MLS
73GF Score
ML System SA WAR:MLS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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ML System ROCE % Calculation

ML System's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-31.222/( ( (568.756 - 152.999) + (496.424 - 136.318) )/ 2 )
=-31.222/( (415.757+360.106)/ 2 )
=-31.222/387.9315
=-8.05 %

ML System'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: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-20.584/( ( (502.128 - 195.022) + (496.091 - 203.94) )/ 2 )
=-20.584/( ( 307.106 + 292.151 )/ 2 )
=-20.584/299.6285
=-6.87 %

(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 -6.87% mean?
ML System (WAR:MLS) has a ROCE % of -6.87% as of Mar. 2026.
Is ML System's ROCE % too high?
ML System's current ROCE % is -6.87%. Overall, ML System has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ML System's ROCE % compare to FSLR and NXT?
ML System's ROCE % of -6.87% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.81, based on 1,018 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. 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 Semiconductors industry, the median ROCE % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ML System's current ROCE % is -6.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ML System stock overvalued right now?
Based on GuruFocus' analysis, ML System (WAR:MLS) is currently considered Possible Value Trap. The stock's GF Value™ is zł22.93, compared to a current price of zł14.70 — trading 35.9% below its estimated fair value. The current ROCE % is -6.87%. ML System's overall GF Score™ is 73/100 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 ML System (WAR:MLS), the current ROCE % is -6.87% 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 ML System (WAR:MLS) Overvalued in 2026?

Based on GuruFocus' analysis, ML System stock appears to be undervalued. The current stock price of zł14.70 is trading 35.9% below its estimated GF Value™ of zł22.93. GuruFocus considers ML System to be Possible Value Trap.

Key valuation signals for WAR:MLS:

  • ROCE %: -6.87%
  • GF Value™: zł22.93 vs. price of zł14.70 (35.9% below fair value)
  • GF Score™: 73/100 with 8 warning signs

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

ML System Business Description

Address Zaczernie 190 G, Zaczernie, POL, 36-062
ML System SA is engaged in the design, engineering and production of building-integrated photovoltaic (BIPV) cell systems which generate electrical power from sunlight. It offers Energy Photovoltaics including BIPV modules, BIPV cells, Photovoltaic IGUS, Photovoltaic architecture systems, standard photovoltaic modules and fastening systems. Its other offerings includes Building Management System which includes enegry management systems and security systems.
73GF Score

Get the complete analysis for WAR:MLS

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

zł14.70
Price
zł22.93
GF Value