Photon Energy NV (WAR:PEN) ROCE %: -3.00% (As of Mar. 2026)


WAR:PEN Photon Energy NV WAR:PEN
54 GF Score
Price zł1.30
GF Value zł6.63
Valuation Possible Value Trap
! 6 Warning Signs
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What is Photon Energy NV ROCE %?

Photon Energy NV WAR:PEN +4.42% 54 ROCE % is -3.00% as of Mar. 2026. GuruFocus rates WAR:PEN with a GF Score™ of 54/100 and a GF Value™ of zł6.63 (Possible Value Trap). The stock has 6 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. Photon Energy NV's annualized ROCE % for the quarter that ended in Mar. 2026 was -3.00%.

Photon Energy NV  (WAR:PEN) 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.

Photon Energy NV ROCE % Related Terms

Photon Energy NV ROCE % Historical Data

* Premium members only.

The historical data trend for Photon Energy NV'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.

Photon Energy NV ROCE % Chart

Photon Energy NV 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 0.41 9.14 -2.11 -0.94 -2.80

Photon Energy NV 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 -0.80 -0.52 -0.43 -8.84 -3.00
WAR:PEN
54GF Score
Photon Energy NV WAR:PEN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Photon Energy NV ROCE % Calculation

Photon Energy NV'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 )
=-25.61/( ( (1049.81 - 173.573) + (1165.767 - 210.37) )/ 2 )
=-25.61/( (876.237+955.397)/ 2 )
=-25.61/915.817
=-2.80 %

Photon Energy NV'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 )
=-28.328/( ( (1165.767 - 210.37) + (1122.76 - 187.401) )/ 2 )
=-28.328/( ( 955.397 + 935.359 )/ 2 )
=-28.328/945.378
=-3.00 %

(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 -3.00% mean?
Photon Energy NV (WAR:PEN) has a ROCE % of -3.00% as of Mar. 2026.
Is Photon Energy NV's ROCE % too high?
Photon Energy NV's current ROCE % is -3.00%. Overall, Photon Energy NV has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Photon Energy NV's ROCE % compare to FSLR and NXT?
Photon Energy NV's ROCE % of -3.00% 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. Photon Energy NV's current ROCE % is -3.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Photon Energy NV stock overvalued right now?
Based on GuruFocus' analysis, Photon Energy NV (WAR:PEN) is currently considered Possible Value Trap. The stock's GF Value™ is zł6.63, compared to a current price of zł1.30 — trading 80.4% below its estimated fair value. The current ROCE % is -3.00%. Photon Energy NV's overall GF Score™ is 54/100 with 6 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 Photon Energy NV (WAR:PEN), the current ROCE % is -3.00% 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 Photon Energy NV (WAR:PEN) Overvalued in 2026?

Based on GuruFocus' analysis, Photon Energy NV stock appears to be undervalued. The current stock price of zł1.30 is trading 80.4% below its estimated GF Value™ of zł6.63. GuruFocus considers Photon Energy NV to be Possible Value Trap.

Key valuation signals for WAR:PEN:

  • ROCE %: -3.00%
  • GF Value™: zł6.63 vs. price of zł1.30 (80.4% below fair value)
  • GF Score™: 54/100 with 6 warning signs

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

Photon Energy NV Business Description

Address Barbara Strozzilaan 201, Amsterdam, NLD, 1083HN
Photon Energy NV is an investment holding company. It engages in the provision of solar power solutions and services. The company covers the entire life cycle of solar power systems. It operates through the following business segments: Engineering, Technology, Investment, Operations and Maintenance, New Energy, and Others. It generates the majority of its revenue from the New Energy segment. It has operations in the Czech Republic, Hungary, Poland, Australia, Romania, the Slovak Republic, and Germany. The firm generates the majority of revenue from the Czech Republic.
54GF Score

Get the complete analysis for WAR:PEN

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

zł1.30
Price
zł6.63
GF Value