Thirdeye Systems (XTAE:THES) ROCE %: -149.08% (As of Dec. 2025)

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.

XTAE:THES Thirdeye Systems Ltd XTAE:THES
55 GF Score
Price ₪4.63
GF Value ₪4.70
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Thirdeye Systems ROCE %?

Thirdeye Systems XTAE:THES -0.13% 55 ROCE % is -149.08% as of Dec. 2025. GuruFocus rates XTAE:THES with a GF Score™ of 55/100 and a GF Value™ of ₪4.70 (Fairly Valued). The stock has 7 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. Thirdeye Systems's annualized ROCE % for the quarter that ended in Dec. 2025 was -149.08%.

Thirdeye Systems  (XTAE:THES) 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.

Thirdeye Systems ROCE % Related Terms

Thirdeye Systems ROCE % Historical Data

* Premium members only.

The historical data trend for Thirdeye Systems'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.

Thirdeye Systems ROCE % Chart

Thirdeye Systems 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 -1,400.11 -256.15 20.10 -46.09 -96.24

Thirdeye Systems 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 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 166.00 -37.13 -74.66 -59.97 -149.08
XTAE:THES
55GF Score
Thirdeye Systems Ltd XTAE:THES
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thirdeye Systems ROCE % Calculation

Thirdeye Systems'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 )
=-11.591/( ( (27.321 - 10.906) + (34.965 - 27.293) )/ 2 )
=-11.591/( (16.415+7.672)/ 2 )
=-11.591/12.0435
=-96.24 %

Thirdeye Systems'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 )
=-14.662/( ( (29.019 - 17.021) + (34.965 - 27.293) )/ 2 )
=-14.662/( ( 11.998 + 7.672 )/ 2 )
=-14.662/9.835
=-149.08 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 -149.08% mean?
Thirdeye Systems (XTAE:THES) has a ROCE % of -149.08% as of Dec. 2025.
Is Thirdeye Systems' ROCE % too high?
Thirdeye Systems' current ROCE % is -149.08%. Overall, Thirdeye Systems has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thirdeye Systems' ROCE % compare to ALLE and MSA?
Thirdeye Systems' ROCE % of -149.08% can be compared against companies in the Business Services industry. The industry median ROCE % is 9.00. 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 Business Services company?
The median ROCE % among Business Services companies is 9.00, based on 1,072 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 Business Services industry, the median ROCE % is 9.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thirdeye Systems's current ROCE % is -149.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thirdeye Systems stock overvalued right now?
Based on GuruFocus' analysis, Thirdeye Systems (XTAE:THES) is currently considered Fairly Valued. The stock's GF Value™ is ₪4.70, compared to a current price of ₪4.63 — trading 1.6% below its estimated fair value. The current ROCE % is -149.08%. Thirdeye Systems' overall GF Score™ is 55/100 with 7 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 Thirdeye Systems (XTAE:THES), the current ROCE % is -149.08% 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 Thirdeye Systems (XTAE:THES) Overvalued in 2026?

Based on GuruFocus' analysis, Thirdeye Systems stock appears to be undervalued. The current stock price of ₪4.63 is trading 1.6% below its estimated GF Value™ of ₪4.70. GuruFocus considers Thirdeye Systems to be Fairly Valued.

Key valuation signals for XTAE:THES:

  • ROCE %: -149.08%
  • GF Value™: ₪4.70 vs. price of ₪4.63 (1.6% below fair value)
  • GF Score™: 55/100 with 7 warning signs

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

Thirdeye Systems Business Description

Address 12 Beni Gaon Street, Netanya, ISR
Thirdeye Systems Ltd is involved in the manufacturing and marketing of electro-optical object recognition systems for skimmers and vehicles. The product portfolio of the company includes Chimera, Meduza, Tesseract, aEYE, and Goir among others.
55GF Score

Get the complete analysis for XTAE:THES

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

₪4.63
Price
₪4.70
GF Value