Virnect Co (XKRX:438700) ROCE %: -21.65% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKRX:438700 Virnect Co Ltd XKRX:438700
37 GF Score
Price ₩1,841.00
GF Value ₩7,454.44
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Virnect Co ROCE %?

Virnect Co XKRX:438700 +1.43% 37 ROCE % is -21.65% as of Jun. 2026. GuruFocus rates XKRX:438700 with a GF Score™ of 37/100 and a GF Value™ of ₩7,454.44 (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. Virnect Co's annualized ROCE % for the quarter that ended in Jun. 2026 was -21.65%.

Virnect Co  (XKRX:438700) 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.

Virnect Co ROCE % Related Terms

Virnect Co ROCE % Historical Data

* Premium members only.

The historical data trend for Virnect Co'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.

Virnect Co ROCE % Chart

Virnect Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial -147.42 -37.69 -23.45 -27.83 -12.49

Virnect Co Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -23.97 -29.09 23.00 -16.28 -21.65
XKRX:438700
37GF Score
Virnect Co Ltd XKRX:438700
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Virnect Co ROCE % Calculation

Virnect Co'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 )
=-4676.147917/( ( (43766.338243 - 8349.470821) + (46263.184805 - 6821.241976) )/ 2 )
=-4676.147917/( (35416.867422+39441.942829)/ 2 )
=-4676.147917/37429.4051255
=-12.49 %

Virnect Co's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=-7883.165856/( ( (45514.183467 - 8051.998801) + (44279.25082 - 8904.903355) )/ 2 )
=-7883.165856/( ( 37462.184666 + 35374.347465 )/ 2 )
=-7883.165856/36418.2660655
=-21.65 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 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 -21.65% mean?
Virnect Co (XKRX:438700) has a ROCE % of -21.65% as of Jun. 2026.
Is Virnect Co's ROCE % too high?
Virnect Co's current ROCE % is -21.65%. Overall, Virnect Co has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Virnect Co's ROCE % compare to CRM and SHOP?
Virnect Co's ROCE % of -21.65% can be compared against companies in the Software industry. The industry median ROCE % is 5.58. 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 5.58, based on 2,726 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 Software industry, the median ROCE % is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virnect Co's current ROCE % is -21.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virnect Co stock overvalued right now?
Based on GuruFocus' analysis, Virnect Co (XKRX:438700) is currently considered Possible Value Trap. The stock's GF Value™ is ₩7,454.44, compared to a current price of ₩1,841.00 — trading 75.3% below its estimated fair value. The current ROCE % is -21.65%. Virnect Co's overall GF Score™ is 37/100 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 Virnect Co (XKRX:438700), the current ROCE % is -21.65% as of Jun. 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 Virnect Co (XKRX:438700) Overvalued in 2026?

Based on GuruFocus' analysis, Virnect Co stock appears to be undervalued. The current stock price of ₩1,841.00 is trading 75.3% below its estimated GF Value™ of ₩7,454.44. GuruFocus considers Virnect Co to be Possible Value Trap.

Key valuation signals for XKRX:438700:

  • ROCE %: -21.65%
  • GF Value™: ₩7,454.44 vs. price of ₩1,841.00 (75.3% below fair value)
  • GF Score™: 37/100 with 6 warning signs

No single metric tells the full story. See the XKRX:438700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Virnect Co Business Description

Address 10-15, Hangang-daero 7-gil, Vernect Experience Center, Yongsan-gu, Seoul, KOR
Virnect Co Ltd is a technology company that leads XR technology trends and specializes in developing XR solutions that can solve problems in the industrial field. It provides products and services for 3D real-time visualization, virtual and augmented reality, remote monitoring and operation, and telecommunication access. Its product offering comprises VIRNECT Remote, VIRNECT Make, VIRNECT View, VIRNECT Twin, VIRNECT Track, and XR Devices.
37GF Score

Get the complete analysis for XKRX:438700

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

₩1,841.00
Price
₩7,454.44
GF Value