ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Kobenhavns Lufthavne's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 3.59%.
As of today (2026-06-24), Kobenhavns Lufthavne's WACC % is 0.10%. Kobenhavns Lufthavne's ROC % is 7.63% (calculated using TTM income statement data).
Kobenhavns Lufthavne 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.
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, Kobenhavns Lufthavne's WACC % is 0.10%. Kobenhavns Lufthavne's ROC % is 7.63% (calculated using TTM income statement data).
Kobenhavns Lufthavne 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.
* 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.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) 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.
Kobenhavns Lufthavne (CPNHF) has a ROC % of 3.59% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Kobenhavns Lufthavne and its competitors.
Is Kobenhavns Lufthavne's ROC % too high?
Kobenhavns Lufthavne's current ROC % is 3.59%. The Transportation industry median ROC % is 4.69. Kobenhavns Lufthavne's value of 3.59% is 23.5% below this industry median. Overall, Kobenhavns Lufthavne has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Kobenhavns Lufthavne's ROC % compare to JOBY?
Kobenhavns Lufthavne's ROC % of 3.59% can be compared against companies in the Transportation industry. The industry median ROC % is 4.69. Kobenhavns Lufthavne's value of 3.59% is 23.5% below 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 Transportation company?
The median ROC % among Transportation companies is 4.69, based on 994 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. Kobenhavns Lufthavne's current ROC % of 3.59% is 23.5% below 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 Kobenhavns Lufthavne and its competitors. For the Transportation industry, the median ROC % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kobenhavns Lufthavne's current ROC % is 3.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobenhavns Lufthavne stock overvalued right now?
Kobenhavns Lufthavne (CPNHF) has a current ROC % of 3.59%. The stock's GF Value™ is $447.67, compared to a current price of $324.25 — trading 27.6% below its estimated fair value. The current ROC % is 3.59% and 23.5% below the Transportation industry median of 4.69. Kobenhavns Lufthavne'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 Kobenhavns Lufthavne (CPNHF), the current ROC % is 3.59% 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 Kobenhavns Lufthavne (CPNHF) Overvalued in 2026?
Based on GuruFocus' analysis, Kobenhavns Lufthavne stock appears to be undervalued.
The current stock price of $324.25 is trading 27.6% below its estimated GF Value™ of $447.67.
Key valuation signals for CPNHF:
ROC %: 3.59%
GF Value™: $447.67 vs. price of $324.25 (27.6% below fair value)
Industry Position: 23.5% below the Transportation median
No single metric tells the full story. See the CPNHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kobenhavns Lufthavne owns and operates Airports in Denmark. The company manages the infrastructure, buildings, and other services in the Kastrup and Roskilde airports. Copenhagen Airports divides its activities into two areas; Aeronautical and Non-aeronautical. Its majority of revenues are derived from the Aeronautical segment which comprises the operations and functions that the airports at Kastrup and Roskilde make available so that airlines can operate their flights, including facilities required for passengers to pass through these airports. The Non-aeronautical segment comprises the other facilities and services provided at the airports for passengers and others, including car-parking facilities, shops, restaurants, rest areas, lounges, and hotels.
76GF Score
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