Passus (WAR:PAS) ROCE %: 17.78% (As of Mar. 2026)


WAR:PAS Passus SA WAR:PAS
79 GF Score
Price zł115.60
GF Value zł51.27
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Passus ROCE %?

Passus WAR:PAS +0.35% 79 ROCE % is 17.78% as of Mar. 2026. GuruFocus rates WAR:PAS with a GF Score™ of 79/100 and a GF Value™ of zł51.27 (Significantly Overvalued). The stock has 4 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. Passus's annualized ROCE % for the quarter that ended in Mar. 2026 was 17.78%.

Passus  (WAR:PAS) 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.

Passus ROCE % Related Terms

Passus ROCE % Historical Data

* Premium members only.

The historical data trend for Passus'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.

Passus ROCE % Chart

Passus Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only 54.63 31.97 44.59 43.65 43.12

Passus 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 -8.51 -0.94 139.25 106.30 17.78
WAR:PAS
79GF Score
Passus SA WAR:PAS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Passus ROCE % Calculation

Passus'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 )
=12.955/( ( (67.942 - 37.079) + (84.645 - 55.419) )/ 2 )
=12.955/( (30.863+29.226)/ 2 )
=12.955/30.0445
=43.12 %

Passus'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 )
=5.276/( ( (84.645 - 55.419) + (58.601 - 28.493) )/ 2 )
=5.276/( ( 29.226 + 30.108 )/ 2 )
=5.276/29.667
=17.78 %

(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 17.78% mean?
Passus (WAR:PAS) has a ROCE % of 17.78% as of Mar. 2026.
Is Passus' ROCE % too high?
Passus' current ROCE % is 17.78%. The Software industry median ROCE % is 5.27. Passus' value of 17.78% is 237.4% above this industry median. Overall, Passus has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Passus' ROCE % compare to IBM and ACN?
Passus' ROCE % of 17.78% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. Passus' value of 17.78% is 237.4% 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. Passus's current ROCE % of 17.78% is 237.4% 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. Passus's current ROCE % is 17.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Passus stock overvalued right now?
Based on GuruFocus' analysis, Passus (WAR:PAS) is currently considered Significantly Overvalued. The stock's GF Value™ is zł51.27, compared to a current price of zł115.60 — trading 125.5% above its estimated fair value. The current ROCE % is 17.78% and 237.4% above the Software industry median of 5.27. Passus' overall GF Score™ is 79/100 with 4 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 Passus (WAR:PAS), the current ROCE % is 17.78% 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 Passus (WAR:PAS) Overvalued in 2026?

Based on GuruFocus' analysis, Passus stock appears to be overvalued. The current stock price of zł115.60 is trading 125.5% above its estimated GF Value™ of zł51.27. GuruFocus considers Passus to be Significantly Overvalued.

Key valuation signals for WAR:PAS:

  • ROCE %: 17.78%
  • GF Value™: zł51.27 vs. price of zł115.60 (125.5% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 237.4% above the Software median

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

Passus Business Description

Address ul. Goraszewska 19, Warsaw, POL, 02-910
Passus SA is an integrator and supplier of specialized information technology solutions. The company offers network and application effieciency, infrastructure security, and WiFi network.
79GF Score

Get the complete analysis for WAR:PAS

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

zł115.60
Price
zł51.27
GF Value