ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Societe Centrale des Bois et Scieries de la Manche's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 3.84%.
As of today (2026-06-27), Societe Centrale des Bois et Scieries de la Manche's WACC % is 3.75%. Societe Centrale des Bois et Scieries de la Manche's ROC % is 3.76% (calculated using TTM income statement data).
Societe Centrale des Bois et Scieries de la Manche generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
Societe Centrale des Bois et Scieries de la Manche (CHIX:CBSMp) 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, Societe Centrale des Bois et Scieries de la Manche's WACC % is 3.75%. Societe Centrale des Bois et Scieries de la Manche's ROC % is 3.76% (calculated using TTM income statement data).
Societe Centrale des Bois et Scieries de la Manche generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
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.
Societe Centrale des Bois et Scieries de la Manche ROC % Related Terms
Societe Centrale des Bois et Scieries de la Manche ROC % Historical 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.
Societe Centrale des Bois et Scieries de la Manche ROC % Chart
Societe Centrale des Bois et Scieries de la Manche Annual Data
Note:
The Operating Income data used here is two times the semi-annual (Dec. 2025) 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.
Societe Centrale des Bois et Scieries de la Manche (CHIX:CBSMP) has a ROC % of 3.84% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Societe Centrale des Bois et Scieries de la Manche and its competitors.
Is Societe Centrale des Bois et Scieries de la Manche's ROC % too high?
Societe Centrale des Bois et Scieries de la Manche's current ROC % is 3.84%. The REITs industry median ROC % is 3.74. Societe Centrale des Bois et Scieries de la Manche's value of 3.84% is 2.7% above this industry median. Overall, Societe Centrale des Bois et Scieries de la Manche has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Societe Centrale des Bois et Scieries de la Manche's ROC % compare to VICI and WPC?
Societe Centrale des Bois et Scieries de la Manche's ROC % of 3.84% can be compared against companies in the REITs industry. The industry median ROC % is 3.74. Societe Centrale des Bois et Scieries de la Manche's value of 3.84% is 2.7% 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 ROC % for a REITs company?
The median ROC % among REITs companies is 3.74, based on 749 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. Societe Centrale des Bois et Scieries de la Manche's current ROC % of 3.84% is 2.7% 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 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 Societe Centrale des Bois et Scieries de la Manche and its competitors. For the REITs industry, the median ROC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Societe Centrale des Bois et Scieries de la Manche's current ROC % is 3.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe Centrale des Bois et Scieries de la Manche stock overvalued right now?
Societe Centrale des Bois et Scieries de la Manche (CHIX:CBSMP) has a current ROC % of 3.84%. The stock's GF Value™ is €6.44, compared to a current price of €7.10 — trading 10.2% above its estimated fair value. The current ROC % is 3.84% and 2.7% above the REITs industry median of 3.74. Societe Centrale des Bois et Scieries de la Manche's overall GF Score™ is 76/100 with 2 warning signs to review. 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 Societe Centrale des Bois et Scieries de la Manche (CHIX:CBSMP), the current ROC % is 3.84% 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 Societe Centrale des Bois et Scieries de la Manche (CHIX:CBSMP) Overvalued in 2026?
Based on GuruFocus' analysis, Societe Centrale des Bois et Scieries de la Manche stock appears to be overvalued.
The current stock price of €7.10 is trading 10.2% above its estimated GF Value™ of €6.44.
Key valuation signals for CHIX:CBSMP:
ROC %: 3.84%
GF Value™: €6.44 vs. price of €7.10 (10.2% above fair value)
No single metric tells the full story. See the CHIX:CBSMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Societe Centrale des Bois et Scieries de la Manche Business Description
Société Centrale des Bois et Scieries de la Manche is a Real estate investment trust. It is engaged in the ownership, management, and lease of real estate properties in France. The company acquires and rents commercial and residential properties.
76GF Score
Get the complete analysis for CHIX:CBSMP
ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:CBSMP has been successfully added to your 
