Bechtle AG (XTER:BC8) ROCE %: 9.50% (As of Mar. 2026)


XTER:BC8 Bechtle AG XTER:BC8
77 GF Score
Price €30.88
GF Value €40.91
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Bechtle AG ROCE %?

Bechtle AG XTER:BC8 +1.18% 77 ROCE % is 9.50% as of Mar. 2026. GuruFocus rates XTER:BC8 with a GF Score™ of 77/100 and a GF Value™ of €40.91 (Modestly 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. Bechtle AG's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.50%.

Bechtle AG  (XTER:BC8) 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.

Bechtle AG ROCE % Related Terms

Bechtle AG ROCE % Historical Data

* Premium members only.

The historical data trend for Bechtle 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.

Bechtle AG ROCE % Chart

Bechtle AG 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 18.10 18.51 17.19 14.40 12.89

Bechtle AG 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 9.47 11.12 13.24 18.76 9.50
XTER:BC8
77GF Score
Bechtle AG XTER:BC8
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bechtle AG ROCE % Calculation

Bechtle 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 )
=351.573/( ( (4217.281 - 1608.168) + (4574.655 - 1730.537) )/ 2 )
=351.573/( (2609.113+2844.118)/ 2 )
=351.573/2726.6155
=12.89 %

Bechtle AG'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 )
=272.932/( ( (4574.655 - 1730.537) + (4611.159 - 1711.425) )/ 2 )
=272.932/( ( 2844.118 + 2899.734 )/ 2 )
=272.932/2871.926
=9.50 %

(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 9.50% mean?
Bechtle AG (XTER:BC8) has a ROCE % of 9.50% as of Mar. 2026.
Is Bechtle AG's ROCE % too high?
Bechtle AG's current ROCE % is 9.50%. The Software industry median ROCE % is 5.27. Bechtle AG's value of 9.50% is 80.3% above this industry median. Overall, Bechtle AG has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bechtle AG's ROCE % compare to IBM and ACN?
Bechtle AG's ROCE % of 9.50% can be compared against companies in the Software industry. The industry median ROCE % is 5.27. Bechtle AG's value of 9.50% is 80.3% 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 a Software company?
The median ROCE % among Software companies is 5.27, based on 2,713 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. Bechtle AG's current ROCE % of 9.50% is 80.3% 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 Software industry, the median ROCE % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bechtle AG's current ROCE % is 9.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bechtle AG stock overvalued right now?
Based on GuruFocus' analysis, Bechtle AG (XTER:BC8) is currently considered Modestly Undervalued. The stock's GF Value™ is €40.91, compared to a current price of €30.88 — trading 24.5% below its estimated fair value. The current ROCE % is 9.50% and 80.3% above the Software industry median of 5.27. Bechtle AG's overall GF Score™ is 77/100 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 Bechtle AG (XTER:BC8), the current ROCE % is 9.50% 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 Bechtle AG (XTER:BC8) Overvalued in 2026?

Based on GuruFocus' analysis, Bechtle AG stock appears to be undervalued. The current stock price of €30.88 is trading 24.5% below its estimated GF Value™ of €40.91. GuruFocus considers Bechtle AG to be Modestly Undervalued.

Key valuation signals for XTER:BC8:

  • ROCE %: 9.50%
  • GF Value™: €40.91 vs. price of €30.88 (24.5% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 80.3% above the Software median

No single metric tells the full story. See the XTER:BC8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bechtle AG Business Description

Address Bechtle Platz 1, Neckarsulm, BW, DEU, 74172
Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. The company operates through four reportable segments; Germany, France, Benelux, and Other Europe. It generates maximum of its revenue from the Germany segment. The company offers its customers IT hardware, software, solutions and services in 14 European countries, with Germany being the main market.
77GF Score

Get the complete analysis for XTER:BC8

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

€30.88
Price
€40.91
GF Value