Avioane Craiova (BSE:AVIO) ROC %: 0.00% (As of . 20)


BSE:AVIO Avioane Craiova SA BSE:AVIO
22 GF Score
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What is Avioane Craiova ROC %?

Avioane Craiova BSE:AVIO 22 ROC % is 0.00% as of . 20. GuruFocus rates BSE:AVIO with a GF Score™ of 22/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Avioane Craiova's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2026-06-26), Avioane Craiova's WACC % is 0.00%. Avioane Craiova's ROC % is 0.00% (calculated using TTM income statement data). Avioane Craiova earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Avioane Craiova  (BSE:AVIO) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Avioane Craiova's WACC % is 0.00%. Avioane Craiova's ROC % is 0.00% (calculated using TTM income statement data). Avioane Craiova earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Avioane Craiova ROC % Related Terms

Avioane Craiova ROC % Historical Data

* Premium members only.

The historical data trend for Avioane Craiova's ROC % 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.

Avioane Craiova ROC % Chart

Avioane Craiova Annual Data
Trend
ROC %

Avioane Craiova Semi-Annual Data
ROC %
BSE:AVIO
22GF Score
Avioane Craiova SA BSE:AVIO
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Avioane Craiova ROC % Calculation

Avioane Craiova's annualized Return on Capital (ROC %) for the fiscal year that ended in . 20 is calculated as:

ROC % (A: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: . 20 ) + Invested Capital (A: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Avioane Craiova's annualized Return on Capital (ROC %) for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is one times the annual (. 20) data. The tax rate is limited to between 0% and 100%.

* 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 ROC % →
What does a ROC % of 0.00% mean?
Avioane Craiova (BSE:AVIO) has a ROC % of 0.00% as of . 20. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Avioane Craiova and its competitors.
Is Avioane Craiova's ROC % too high?
Avioane Craiova's current ROC % is 0.00%. Overall, Avioane Craiova has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Avioane Craiova's ROC % compare to ?
Avioane Craiova's ROC % of 0.00% can be compared against companies in the Aerospace & Defense industry. The industry median ROC % is 4.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Aerospace & Defense company?
The median ROC % among Aerospace & Defense companies is 4.45, based on 351 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Avioane Craiova and its competitors. For the Aerospace & Defense industry, the median ROC % is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avioane Craiova's current ROC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avioane Craiova stock overvalued right now?
Avioane Craiova (BSE:AVIO) has a current ROC % of 0.00%. The current ROC % is 0.00%. Avioane Craiova's overall GF Score™ is 22/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Avioane Craiova (BSE:AVIO), the current ROC % is 0.00% as of . 20. 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.

Avioane Craiova Business Description

Comparable Companies
Address 10, Aviatorilor Street, Ghercesti, Dolj County, Craiova, ROU, 207280
Avioane Craiova SA is engaged in developing, manufacturing, and providing product support of military aircraft to the Romanian Air Force. Its business activities are divided into three divisions including Trainer Aircraft manufacturer, Maintenance, Repair, and Overhaul of Military aircraft, and Industrial products manufacturer. The company offers products and services to military aviation and civil aviation. Its service offerings include structural repairs, manufacturing and replacement of the optical transparencies; re-manufacturing and replacement of tubing, Re-manufacturing and replacement of electrical and electronic wiring, and re-painting services.
22GF Score

Get the complete analysis for BSE:AVIO

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

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