Bellevue Group AG (XSWX:BBN) ROCE %: 4.65% (As of Dec. 2025)

What is Bellevue Group AG ROCE %?

Bellevue Group AG XSWX:BBN -0.56% 63 ROCE % is 4.65% as of Dec. 2025. GuruFocus rates XSWX:BBN with a GF Score™ of 63/100 and a GF Value™ of CHF9.82 (Modestly Undervalued). 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. Bellevue Group AG's annualized ROCE % for the quarter that ended in Dec. 2025 was 4.65%.

Bellevue Group AG (XSWX:BBN) 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.

Bellevue Group AG ROCE % Related Terms

Bellevue Group AG ROCE % Historical Data

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The historical data trend for Bellevue Group AG'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.

Bellevue Group AG ROCE % Chart

Bellevue Group AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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29.87

19.66

14.35

8.98

2.72

Bellevue Group AG Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
ROCE %	Get a 7-Day Free Trial															14.70	14.12	4.78	0.92	4.65

63GF Score

Bellevue Group AG XSWX:BBN

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Bellevue Group AG ROCE % Calculation

Bellevue Group AG'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 )
	=	3.792	/	( ( (162.271 - 22.431)	+	(155.563 - 16.621) )	/ 2 )
	=	3.792	/	( (139.84	+	138.942)	/ 2 )
	=	3.792	/	139.391
	=	2.72 %

Bellevue Group AG's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	6.324	/	( ( (147.041 - 14.02)	+	(155.563 - 16.621) )	/ 2 )
	=	6.324	/	( ( 133.021	+	138.942 )	/ 2 )
	=	6.324	/	135.9815
	=	4.65 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 4.65% mean?

Bellevue Group AG (XSWX:BBN) has a ROCE % of 4.65% as of Dec. 2025.

Is Bellevue Group AG's ROCE % too high?

Bellevue Group AG's current ROCE % is 4.65%. The Asset Management industry median ROCE % is 4.43. Bellevue Group AG's value of 4.65% is 5.1% above this industry median. Overall, Bellevue Group AG has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Bellevue Group AG's ROCE % compare to BLK and BX?

Bellevue Group AG's ROCE % of 4.65% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.43. Bellevue Group AG's value of 4.65% is 5.1% 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 Asset Management company?

The median ROCE % among Asset Management companies is 4.43, based on 708 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. Bellevue Group AG's current ROCE % of 4.65% is 5.1% 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 Asset Management industry, the median ROCE % is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellevue Group AG's current ROCE % is 4.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Bellevue Group AG stock overvalued right now?

Based on GuruFocus' analysis, Bellevue Group AG (XSWX:BBN) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF9.82, compared to a current price of CHF7.08 — trading 27.9% below its estimated fair value. The current ROCE % is 4.65% and 5.1% above the Asset Management industry median of 4.43. Bellevue Group AG's overall GF Score™ is 63/100 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 Bellevue Group AG (XSWX:BBN), the current ROCE % is 4.65% as of Dec. 2025. 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 Bellevue Group AG (XSWX:BBN) Overvalued in 2026?

Based on GuruFocus' analysis, Bellevue Group AG stock appears to be undervalued. The current stock price of CHF7.08 is trading 27.9% below its estimated GF Value™ of CHF9.82. GuruFocus considers Bellevue Group AG to be Modestly Undervalued.

Key valuation signals for XSWX:BBN:

ROCE %: 4.65%
GF Value™: CHF9.82 vs. price of CHF7.08 (27.9% below fair value)
GF Score™: 63/100 with 6 warning signs
Industry Position: 5.1% above the Asset Management median

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

Bellevue Group AG Business Description

Industry Financial Services Asset Management

Comparable Companies XSWX:ALPN XSWX:GAM XSWX:NBEN XSWX:PEHN XSWX:CPEN XSWX:EEII XSWX:LEON BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT OSTO:EQT AMP LSE:III NTRS ARES

Other Exchanges BBNz:UK 0QLZ:UK SJZN:Germany

Address Theaterstrasse 12, Zurich, CHE, CH-8001

Website https://www.bellevue.ch

Bellevue Group AG is a Switzerland-based company operating in the finance industry. It is principally engaged in the field of asset management. The business operates in one segment. The segment consists of the operating business units Bellevue Asset Management, StarCapital, and Bellevue Private Markets. It focuses on managing equity portfolios for selected sectors and regional strategies.

63GF Score

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

CHF7.08

Price

CHF9.82

GF Value

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