ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. FILA-Fabbrica Italiana Lapis ed Affini SpA's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 1.22%.
As of today (2026-06-24), FILA-Fabbrica Italiana Lapis ed Affini SpA's WACC % is 3.47%. FILA-Fabbrica Italiana Lapis ed Affini SpA's ROC % is 4.06% (calculated using TTM income statement data).
FILA-Fabbrica Italiana Lapis ed Affini SpA 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.
FILA-Fabbrica Italiana Lapis ed Affini SpA (FRA:3S0) 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, FILA-Fabbrica Italiana Lapis ed Affini SpA's WACC % is 3.47%. FILA-Fabbrica Italiana Lapis ed Affini SpA's ROC % is 4.06% (calculated using TTM income statement data).
FILA-Fabbrica Italiana Lapis ed Affini SpA 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.
FILA-Fabbrica Italiana Lapis ed Affini SpA ROC % Related Terms
FILA-Fabbrica Italiana Lapis ed Affini SpA 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.
FILA-Fabbrica Italiana Lapis ed Affini SpA ROC % Chart
FILA-Fabbrica Italiana Lapis ed Affini SpA Annual Data
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.
FILA-Fabbrica Italiana Lapis ed Affini SpA (FRA:3S0) has a ROC % of 1.22% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on FILA-Fabbrica Italiana Lapis ed Affini SpA and its competitors.
Is FILA-Fabbrica Italiana Lapis ed Affini SpA's ROC % too high?
FILA-Fabbrica Italiana Lapis ed Affini SpA's current ROC % is 1.22%. The Industrial Products industry median ROC % is 5.23. FILA-Fabbrica Italiana Lapis ed Affini SpA's value of 1.22% is 76.7% below this industry median. Overall, FILA-Fabbrica Italiana Lapis ed Affini SpA has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FILA-Fabbrica Italiana Lapis ed Affini SpA's ROC % compare to competitors?
FILA-Fabbrica Italiana Lapis ed Affini SpA's ROC % of 1.22% can be compared against companies in the Industrial Products industry. The industry median ROC % is 5.23. FILA-Fabbrica Italiana Lapis ed Affini SpA's value of 1.22% is 76.7% 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 an Industrial Products company?
The median ROC % among Industrial Products companies is 5.23, based on 3,039 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. FILA-Fabbrica Italiana Lapis ed Affini SpA's current ROC % of 1.22% is 76.7% 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 FILA-Fabbrica Italiana Lapis ed Affini SpA and its competitors. For the Industrial Products industry, the median ROC % is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FILA-Fabbrica Italiana Lapis ed Affini SpA's current ROC % is 1.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FILA-Fabbrica Italiana Lapis ed Affini SpA stock overvalued right now?
Based on GuruFocus' analysis, FILA-Fabbrica Italiana Lapis ed Affini SpA (FRA:3S0) is currently considered Fairly Valued. The stock's GF Value™ is €8.52, compared to a current price of €8.90 — trading 4.4% above its estimated fair value. The current ROC % is 1.22% and 76.7% below the Industrial Products industry median of 5.23. FILA-Fabbrica Italiana Lapis ed Affini SpA's overall GF Score™ is 63/100 with 3 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 FILA-Fabbrica Italiana Lapis ed Affini SpA (FRA:3S0), the current ROC % is 1.22% 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 FILA-Fabbrica Italiana Lapis ed Affini SpA (FRA:3S0) Overvalued in 2026?
Based on GuruFocus' analysis, FILA-Fabbrica Italiana Lapis ed Affini SpA stock appears to be overvalued.
The current stock price of €8.90 is trading 4.4% above its estimated GF Value™ of €8.52.
GuruFocus considers FILA-Fabbrica Italiana Lapis ed Affini SpA to be Fairly Valued.
Key valuation signals for FRA:3S0:
ROC %: 1.22%
GF Value™: €8.52 vs. price of €8.90 (4.4% above fair value)
Industry Position: 76.7% below the Industrial Products median
No single metric tells the full story. See the FRA:3S0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FILA-Fabbrica Italiana Lapis ed Affini SpA Business Description
FILA-Fabbrica Italiana Lapis ed Affini SpA operates in the creativity tools market, producing colouring, design, modelling, writing and painting objects, such as pencils, crayons, modelling clay, chalk, oil colours, acrylics, watercolours, paints and paper for the fine arts, school and leisure. The company, along with its subsidiaries, reports its business segments based on entity location and include Europe, North America (USA and Canada), Central and South America, Asia and the Rest of the World.
63GF Score
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