ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Constellium SE's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 17.15%.
As of today (2026-06-26), Constellium SE's WACC % is 11.53%. Constellium SE's ROC % is 11.21% (calculated using TTM income statement data).
Constellium SE earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Constellium SE (FRA:3OK) 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, Constellium SE's WACC % is 11.53%. Constellium SE's ROC % is 11.21% (calculated using TTM income statement data).
Constellium SE 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.
Constellium SE ROC % Related Terms
Constellium SE ROC % Historical Data
* Premium members only.
The historical data trend for Constellium SE'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.
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.
Constellium SE (FRA:3OK) has a ROC % of 17.15% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Constellium SE and its competitors.
Is Constellium SE's ROC % too high?
Constellium SE's current ROC % is 17.15%. Overall, Constellium SE has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Constellium SE's ROC % compare to KALU and CENX?
Constellium SE's ROC % of 17.15% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?
A good ROC % depends on the Metals & Mining industry context. 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 Constellium SE and its competitors. Constellium SE's current ROC % is 17.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Constellium SE stock overvalued right now?
Based on GuruFocus' analysis, Constellium SE (FRA:3OK) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.91, compared to a current price of €28.40 — trading 67.9% above its estimated fair value. The current ROC % is 17.15%. Constellium SE's overall GF Score™ is 71/100 with 4 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 Constellium SE (FRA:3OK), the current ROC % is 17.15% 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 Constellium SE (FRA:3OK) Overvalued in 2026?
Based on GuruFocus' analysis, Constellium SE stock appears to be overvalued.
The current stock price of €28.40 is trading 67.9% above its estimated GF Value™ of €16.91.
GuruFocus considers Constellium SE to be Significantly Overvalued.
Key valuation signals for FRA:3OK:
ROC %: 17.15%
GF Value™: €16.91 vs. price of €28.40 (67.9% above fair value)
No single metric tells the full story. See the FRA:3OK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Constellium SE is engaged in the development, manufacture and sale of a broad range of high value-added specialty rolled and extruded aluminum products to the aerospace, space, defense, packaging, automotive, commercial transportation and general industrial end-markets. Its business model is to add value by converting aluminum into semi-fabricated and, in some instances, fully-fabricated alloyed aluminum products that meet stringent and performance-critical requirements from customers. It operates through three segments: Aerospace & Transportation Operating Segment, Packaging & Automotive Rolled Products Operating Segment, and Automotive Structures & Industry Operating Segment. It serves Aerospace, Packaging and Automotive and operates in the United States, France, Germany and others.
71GF Score
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ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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