Hydraulic Elements and Systems AD (XBUL:HES) ROCE %: 23.82% (As of Mar. 2026)

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XBUL:HES Hydraulic Elements and Systems AD XBUL:HES
64 GF Score
Price €2.70
GF Value €5.59
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Hydraulic Elements and Systems AD ROCE %?

Hydraulic Elements and Systems AD XBUL:HES +0.75% 64 ROCE % is 23.82% as of Mar. 2026. GuruFocus rates XBUL:HES with a GF Score™ of 64/100 and a GF Value™ of €5.59 (Significantly Undervalued). The stock has 2 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. Hydraulic Elements and Systems AD's annualized ROCE % for the quarter that ended in Mar. 2026 was 23.82%.

Hydraulic Elements and Systems AD  (XBUL:HES) 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.

Hydraulic Elements and Systems AD ROCE % Related Terms

Hydraulic Elements and Systems AD ROCE % Historical Data

* Premium members only.

The historical data trend for Hydraulic Elements and Systems AD'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.

Hydraulic Elements and Systems AD ROCE % Chart

Hydraulic Elements and Systems AD 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 19.32 22.42 9.80 8.85 11.45

Hydraulic Elements and Systems AD Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 10.44 10.47 10.11 11.54 23.82
XBUL:HES
64GF Score
Hydraulic Elements and Systems AD XBUL:HES
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hydraulic Elements and Systems AD ROCE % Calculation

Hydraulic Elements and Systems AD'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 )
=2.867/( ( (34.567 - 6.917) + (30.87 - 8.457) )/ 2 )
=2.867/( (27.65+22.413)/ 2 )
=2.867/25.0315
=11.45 %

Hydraulic Elements and Systems AD'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 )
=5.496/( ( (30.87 - 8.457) + (30.607 - 6.88) )/ 2 )
=5.496/( ( 22.413 + 23.727 )/ 2 )
=5.496/23.07
=23.82 %

(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 23.82% mean?
Hydraulic Elements and Systems AD (XBUL:HES) has a ROCE % of 23.82% as of Mar. 2026.
Is Hydraulic Elements and Systems AD's ROCE % too high?
Hydraulic Elements and Systems AD's current ROCE % is 23.82%. The Industrial Products industry median ROCE % is 7.08. Hydraulic Elements and Systems AD's value of 23.82% is 236.4% above this industry median. Overall, Hydraulic Elements and Systems AD has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hydraulic Elements and Systems AD's ROCE % compare to GEV and ETN?
Hydraulic Elements and Systems AD's ROCE % of 23.82% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.08. Hydraulic Elements and Systems AD's value of 23.82% is 236.4% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.08, based on 3,026 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. Hydraulic Elements and Systems AD's current ROCE % of 23.82% is 236.4% 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 Industrial Products industry, the median ROCE % is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydraulic Elements and Systems AD's current ROCE % is 23.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydraulic Elements and Systems AD stock overvalued right now?
Based on GuruFocus' analysis, Hydraulic Elements and Systems AD (XBUL:HES) is currently considered Significantly Undervalued. The stock's GF Value™ is €5.59, compared to a current price of €2.70 — trading 51.7% below its estimated fair value. The current ROCE % is 23.82% and 236.4% above the Industrial Products industry median of 7.08. Hydraulic Elements and Systems AD's overall GF Score™ is 64/100 with 2 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 Hydraulic Elements and Systems AD (XBUL:HES), the current ROCE % is 23.82% 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 Hydraulic Elements and Systems AD (XBUL:HES) Overvalued in 2026?

Based on GuruFocus' analysis, Hydraulic Elements and Systems AD stock appears to be undervalued. The current stock price of €2.70 is trading 51.7% below its estimated GF Value™ of €5.59. GuruFocus considers Hydraulic Elements and Systems AD to be Significantly Undervalued.

Key valuation signals for XBUL:HES:

  • ROCE %: 23.82%
  • GF Value™: €5.59 vs. price of €2.70 (51.7% below fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 236.4% above the Industrial Products median

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

Hydraulic Elements and Systems AD Business Description

Address 1 Pirin Street, Yambol, BGR, 8600
Hydraulic Elements and Systems AD is a manufacturer of hydraulic machines & equipment. The Company designs, manufactures and services hydraulic cylinders, single-acting and double-acting piston cylinders.
64GF Score

Get the complete analysis for XBUL:HES

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

€2.70
Price
€5.59
GF Value