Pferdewetten de AG (XTER:EMH1) ROCE %: -12.29% (As of Sep. 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.

XTER:EMH1 Pferdewetten de AG XTER:EMH1
65 GF Score
Price €2.38
GF Value €34.91
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Pferdewetten de AG ROCE %?

Pferdewetten de AG XTER:EMH1 -2.46% 65 ROCE % is -12.29% as of Sep. 2025. GuruFocus rates XTER:EMH1 with a GF Score™ of 65/100 and a GF Value™ of €34.91 (Possible Value Trap). The stock has 5 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. Pferdewetten de AG's annualized ROCE % for the quarter that ended in Sep. 2025 was -12.29%.


Pferdewetten de AG  (XTER:EMH1) 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.


Pferdewetten de AG ROCE % Related Terms


Pferdewetten de AG ROCE % Historical Data

* Premium members only.

The historical data trend for Pferdewetten de 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.

Pferdewetten de AG ROCE % Chart

Pferdewetten de AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.51 -2.08 -18.97 -60.20 -182.70

Pferdewetten de AG Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25
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 -37.63 -46.09 -1,530.09 0.00 -12.29
XTER:EMH1
65GF Score
Pferdewetten de AG XTER:EMH1
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pferdewetten de AG ROCE % Calculation

Pferdewetten de AG's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-23.991/( ( (47.61 - 25.255) + (40.588 - 36.68) )/ 2 )
=-23.991/( (22.355+3.908)/ 2 )
=-23.991/13.1315
=-182.70 %

Pferdewetten de AG's ROCE % of for the quarter that ended in Sep. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=-3.204/( ( (50.787 - 24.725) + (0 - 0) )/ 1 )
=-3.204/( ( 26.062 + 0 )/ 1 )
=-3.204/26.062
=-12.29 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 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 -12.29% mean?
Pferdewetten de AG (XTER:EMH1) has a ROCE % of -12.29% as of Sep. 2025.
Is Pferdewetten de AG's ROCE % too high?
Pferdewetten de AG's current ROCE % is -12.29%. Overall, Pferdewetten de AG has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pferdewetten de AG's ROCE % compare to FLUT and DKNG?
Pferdewetten de AG's ROCE % of -12.29% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.06. 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 Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.06, based on 836 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 Travel & Leisure industry, the median ROCE % is 6.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pferdewetten de AG's current ROCE % is -12.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pferdewetten de AG stock overvalued right now?
Based on GuruFocus' analysis, Pferdewetten de AG (XTER:EMH1) is currently considered Possible Value Trap. The stock's GF Value™ is €34.91, compared to a current price of €2.38 — trading 93.2% below its estimated fair value. The current ROCE % is -12.29%. Pferdewetten de AG's overall GF Score™ is 65/100 with 5 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 Pferdewetten de AG (XTER:EMH1), the current ROCE % is -12.29% as of Sep. 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 Pferdewetten de AG (XTER:EMH1) Overvalued in 2026?

Based on GuruFocus' analysis, Pferdewetten de AG stock appears to be undervalued. The current stock price of €2.38 is trading 93.2% below its estimated GF Value™ of €34.91. GuruFocus considers Pferdewetten de AG to be Possible Value Trap.

Key valuation signals for XTER:EMH1:

  • ROCE %: -12.29%
  • GF Value™: €34.91 vs. price of €2.38 (93.2% below fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the XTER:EMH1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pferdewetten de AG Business Description

Other Exchanges EMH:GermanyEMH:Germany
Address Schlossstrasse 38, Hamburg, DEU
Pferdewetten de AG is involved in arranging and placing bets for horse racing and other sports events. It engages in the online and offline horse betting business in Germany. Its horse betting services range from betting on German galloping and trotting to English, French, and other international horse races. The company also provides online horse betting services through its Internet platform pferdewetten.de. In addition, it offers consultancy and training services for the implementation and processing of sports and horse betting.
65GF Score

Get the complete analysis for XTER:EMH1

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

€2.38
Price
€34.91
GF Value