PJP Makrum (WAR:PJP) ROCE %: -0.50% (As of Mar. 2026)


WAR:PJP PJP Makrum SA WAR:PJP
74 GF Score
Price zł18.45
GF Value zł17.26
Valuation Fairly Valued
! 13 Warning Signs
View Full Analysis

What is PJP Makrum ROCE %?

PJP Makrum WAR:PJP 74 ROCE % is -0.50% as of Mar. 2026. GuruFocus rates WAR:PJP with a GF Score™ of 74/100 and a GF Value™ of zł17.26 (Fairly Valued). The stock has 13 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. PJP Makrum's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.50%.

PJP Makrum  (WAR:PJP) 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.

PJP Makrum ROCE % Related Terms

PJP Makrum ROCE % Historical Data

* Premium members only.

The historical data trend for PJP Makrum'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.

PJP Makrum ROCE % Chart

PJP Makrum 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 3.19 24.24 15.26 10.99 7.06

PJP Makrum 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 7.41 14.30 -0.07 16.51 -0.50
WAR:PJP
74GF Score
PJP Makrum SA WAR:PJP
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PJP Makrum ROCE % Calculation

PJP Makrum'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 )
=18.718/( ( (397.402 - 210.268) + (608.268 - 265.064) )/ 2 )
=18.718/( (187.134+343.204)/ 2 )
=18.718/265.169
=7.06 %

PJP Makrum'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 )
=-1.604/( ( (608.268 - 265.064) + (614.481 - 321.177) )/ 2 )
=-1.604/( ( 343.204 + 293.304 )/ 2 )
=-1.604/318.254
=-0.50 %

(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 -0.50% mean?
PJP Makrum (WAR:PJP) has a ROCE % of -0.50% as of Mar. 2026.
Is PJP Makrum's ROCE % too high?
PJP Makrum's current ROCE % is -0.50%. Overall, PJP Makrum has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PJP Makrum's ROCE % compare to PWR and FIX?
PJP Makrum's ROCE % of -0.50% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. 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 Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,754 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJP Makrum's current ROCE % is -0.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJP Makrum stock overvalued right now?
Based on GuruFocus' analysis, PJP Makrum (WAR:PJP) is currently considered Fairly Valued. The stock's GF Value™ is zł17.26, compared to a current price of zł18.45 — trading 6.9% above its estimated fair value. The current ROCE % is -0.50%. PJP Makrum's overall GF Score™ is 74/100 with 13 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 PJP Makrum (WAR:PJP), the current ROCE % is -0.50% 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 PJP Makrum (WAR:PJP) Overvalued in 2026?

Based on GuruFocus' analysis, PJP Makrum stock appears to be overvalued. The current stock price of zł18.45 is trading 6.9% above its estimated GF Value™ of zł17.26. GuruFocus considers PJP Makrum to be Fairly Valued.

Key valuation signals for WAR:PJP:

  • ROCE %: -0.50%
  • GF Value™: zł17.26 vs. price of zł18.45 (6.9% above fair value)
  • GF Score™: 74/100 with 13 warning signs

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

PJP Makrum Business Description

Address Plac Koscieleckich 3, Bydgoszcz, POL, 85-033
PJP Makrum SA operates in three areas. The first consists of the production of steel structures for the energy and chemical industries and environmental protection. The second segment focuses on commercial construction (industrial facilities, warehouses, and retail space). The third activity is docking solutions.
74GF Score

Get the complete analysis for WAR:PJP

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

zł18.45
Price
zł17.26
GF Value