Netcapital (NCPL) Return on Capital Employed [ROCE] (2014 - 2026)
Netcapital (NCPL) posted Return on Capital Employed [ROCE] of -43.62% for fiscal Q3 2026 (quarter ended Jan 31, 2026), down 21.86 percentage points from -21.76% a year earlier and down 5.14 percentage points from the prior quarter.
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Analysis
Netcapital (NCPL) Return on Capital Employed [ROCE] (2014 - 2026) Analysis & Trends
For FY2025 (ended Apr 30, 2025), Netcapital's Return on Capital Employed [ROCE] came in at -32.34%, down 23.41 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a four-year change of -23.99 percentage points (FY2021 to FY2025).
- In prior fiscal years, Netcapital's Return on Capital Employed [ROCE] was -8.92% in FY2024 (-16.11 pp), 7.18% in FY2023 (+11.72 pp), -4.54% in FY2022 (+3.80 pp) and -8.34% in FY2021.
- Quarterly Return on Capital Employed [ROCE] has run from a low of -45.81% in fiscal Q1 2026 to a high of 6.39% in fiscal Q4 2023 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last nine quarters, with an average year-over-year change of -21.69 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was fiscal Q3 2023, with a gain of 12.71 percentage points; the weakest was fiscal Q1 2022, with a drop of 144.75 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior fiscal quarters was -38.48% (Q2 2026), -45.81% (Q1 2026) and -33.41% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 99.92 Bn | 81.02 Bn | - | 48.09% |
| 2 | Bank of New York Mellon | 97.64 Bn | 37.02 Bn | - | - |
| 3 | Cme | 95.24 Bn | 95.24 Bn | - | 11.13% |
| 4 | Intercontinental Exchange | 84.98 Bn | 78.79 Bn | - | 9.74% |
| 5 | Nasdaq | 51.52 Bn | 48.95 Bn | 1.50 Bn | 11.33% |
| 6 | State Street | 47.96 Bn | 47.96 Bn | - | - |
| 7 | Interactive Brokers | 38.66 Bn | 32.12 Bn | - | - |
| 8 | Northern Trust | 30.96 Bn | 30.96 Bn | - | - |
| 9 | Cboe Global Markets | 29.00 Bn | 20.65 Bn | 731.60 Mn | 24.89% |
| 10 | Netcapital | 8.70 Mn | 8.70 Mn | 92,524.00 | -43.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | -43.62% |
| Oct 31, 2025 | -38.48% |
| Jul 31, 2025 | -45.81% |
| Apr 30, 2025 | -33.41% |
| Jan 31, 2025 | -21.76% |
| Oct 31, 2024 | -19.80% |
| Jul 31, 2024 | -13.66% |
| Apr 30, 2024 | -8.66% |
| Jan 31, 2024 | -1.32% |
| Oct 31, 2023 | 3.16% |
| Jul 31, 2023 | 3.97% |
| Apr 30, 2023 | 6.39% |
| Jan 31, 2023 | 4.37% |
| Oct 31, 2022 | 2.34% |
| Jul 31, 2022 | 0.18% |
| Apr 30, 2022 | -4.15% |
| Jan 31, 2022 | -8.34% |
| Oct 31, 2021 | -8.54% |
| Jul 31, 2021 | -7.03% |
| Apr 30, 2021 | -2.91% |
API Access
Netcapital Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=NCPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "NCPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=NCPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();