VIGO Photonics (WAR:VGO) ROCE %: -3.60% (As of Mar. 2026)


WAR:VGO VIGO Photonics SA WAR:VGO
87 GF Score
Price zł544.00
GF Value zł589.80
Valuation Fairly Valued
! 3 Warning Signs
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What is VIGO Photonics ROCE %?

VIGO Photonics WAR:VGO -1.45% 87 ROCE % is -3.60% as of Mar. 2026. GuruFocus rates WAR:VGO with a GF Score™ of 87/100 and a GF Value™ of zł589.80 (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. VIGO Photonics's annualized ROCE % for the quarter that ended in Mar. 2026 was -3.60%.

VIGO Photonics  (WAR:VGO) 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.

VIGO Photonics ROCE % Related Terms

VIGO Photonics ROCE % Historical Data

* Premium members only.

The historical data trend for VIGO Photonics'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.

VIGO Photonics ROCE % Chart

VIGO Photonics 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 13.77 4.68 5.37 -0.66 -2.99

VIGO Photonics 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 -0.89 1.32 -4.05 -8.40 -3.60
WAR:VGO
87GF Score
VIGO Photonics SA WAR:VGO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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VIGO Photonics ROCE % Calculation

VIGO Photonics'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 )
=-5.749/( ( (223.005 - 22.356) + (210.919 - 26.722) )/ 2 )
=-5.749/( (200.649+184.197)/ 2 )
=-5.749/192.423
=-2.99 %

VIGO Photonics'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 )
=-7.052/( ( (210.919 - 26.722) + (235.872 - 27.951) )/ 2 )
=-7.052/( ( 184.197 + 207.921 )/ 2 )
=-7.052/196.059
=-3.60 %

(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 -3.60% mean?
VIGO Photonics (WAR:VGO) has a ROCE % of -3.60% as of Mar. 2026.
Is VIGO Photonics' ROCE % too high?
VIGO Photonics' current ROCE % is -3.60%. Overall, VIGO Photonics has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VIGO Photonics' ROCE % compare to APH and GLW?
VIGO Photonics' ROCE % of -3.60% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.87. 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 Hardware company?
The median ROCE % among Hardware companies is 5.87, based on 2,454 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 Hardware industry, the median ROCE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIGO Photonics's current ROCE % is -3.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIGO Photonics stock overvalued right now?
Based on GuruFocus' analysis, VIGO Photonics (WAR:VGO) is currently considered Fairly Valued. The stock's GF Value™ is zł589.80, compared to a current price of zł544.00 — trading 7.8% below its estimated fair value. The current ROCE % is -3.60%. VIGO Photonics' overall GF Score™ is 87/100 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 VIGO Photonics (WAR:VGO), the current ROCE % is -3.60% 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 VIGO Photonics (WAR:VGO) Overvalued in 2026?

Based on GuruFocus' analysis, VIGO Photonics stock appears to be undervalued. The current stock price of zł544.00 is trading 7.8% below its estimated GF Value™ of zł589.80. GuruFocus considers VIGO Photonics to be Fairly Valued.

Key valuation signals for WAR:VGO:

  • ROCE %: -3.60%
  • GF Value™: zł589.80 vs. price of zł544.00 (7.8% below fair value)
  • GF Score™: 87/100 with 3 warning signs

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

VIGO Photonics Business Description

Other Exchanges J8Z:Germany
Address 129/133 Poznanska Street, Ozarow Mazowiecki, POL, 05-850
VIGO Photonics SA is a manufacturer of uncooled infrared photon detectors. The detectors are used in the fields of Industry, Defense and Security, Environmental Protection, Healthcare, Transport, and Research & Development. The company's products include MCT Detectors, InAs Detectors, InAsSb Detectors, and Dedicated electronics. It has two operating segments: the Semiconductor modules segment and the Semiconductor materials segment.
87GF Score

Get the complete analysis for WAR:VGO

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

zł544.00
Price
zł589.80
GF Value