ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. BYD Electronic (International) Co's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 0.00%.
As of today (2026-06-25), BYD Electronic (International) Co's WACC % is 8.10%. BYD Electronic (International) Co's ROC % is 0.00% (calculated using TTM income statement data).
BYD Electronic (International) Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.
BYD Electronic (International) Co (FRA:4BY) 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, BYD Electronic (International) Co's WACC % is 8.10%. BYD Electronic (International) Co's ROC % is 0.00% (calculated using TTM income statement data).
BYD Electronic (International) Co 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.
BYD Electronic (International) Co ROC % Related Terms
BYD Electronic (International) Co 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.
Note:
The Operating Income data used here is four times the quarterly (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.
BYD Electronic (International) Co (FRA:4BY) has a ROC % of 0.00% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on BYD Electronic (International) Co and its competitors.
Is BYD Electronic (International) Co's ROC % too high?
BYD Electronic (International) Co's current ROC % is 0.00%. Overall, BYD Electronic (International) Co has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BYD Electronic (International) Co's ROC % compare to APH and GLW?
BYD Electronic (International) Co's ROC % of 0.00% can be compared against companies in the Hardware industry. The industry median ROC % is 4.12. 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 Hardware company?
The median ROC % among Hardware companies is 4.12, based on 2,443 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 BYD Electronic (International) Co and its competitors. For the Hardware industry, the median ROC % is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BYD Electronic (International) Co'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 BYD Electronic (International) Co stock overvalued right now?
Based on GuruFocus' analysis, BYD Electronic (International) Co (FRA:4BY) is currently considered Significantly Undervalued. The stock's GF Value™ is €4.74, compared to a current price of €2.51 — trading 47% below its estimated fair value. The current ROC % is 0.00%. BYD Electronic (International) Co's overall GF Score™ is 87/100 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 BYD Electronic (International) Co (FRA:4BY), the current ROC % is 0.00% 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 BYD Electronic (International) Co (FRA:4BY) Overvalued in 2026?
Based on GuruFocus' analysis, BYD Electronic (International) Co stock appears to be undervalued.
The current stock price of €2.51 is trading 47% below its estimated GF Value™ of €4.74.
GuruFocus considers BYD Electronic (International) Co to be Significantly Undervalued.
Key valuation signals for FRA:4BY:
ROC %: 0.00%
GF Value™: €4.74 vs. price of €2.51 (47% below fair value)
No single metric tells the full story. See the FRA:4BY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BYD Electronic (International) Co Business Description
BYD Electronic (International) Co Ltd is a provider of high-tech and products, offering customers one-stop product solutions based on its core strengths in electronic information, AI, 5G, Internet of Things, thermal management, new materials, precision molds, and digital manufacturing technologies. The Group operates across diversified market segments, including smartphones, computers, new energy vehicles, AI computing infrastructure, smart home products, game hardware, unmanned aerial vehicles, 3D printers, Internet of Things devices, robots, and communication equipment. It operates in the PRC (including Hong Kong, Macau and Taiwan) as well as overseas markets, with the PRC region generating the majority of its revenue.
87GF Score
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