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ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Vastned NV's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 3.25%.
As of today (2026-07-18), Vastned NV's WACC % is 5.77%. Vastned NV's ROC % is 4.34% (calculated using TTM income statement data).
Vastned NV earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Vastned NV (FRA:IJX) 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, Vastned NV's WACC % is 5.77%. Vastned NV's ROC % is 4.34% (calculated using TTM income statement data).
Vastned NV 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.
Vastned NV ROC % Related Terms
Vastned NV ROC % Historical Data
* Premium members only.
The historical data trend for Vastned NV'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 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.
Vastned NV (FRA:IJX) has a ROC % of 3.25% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Vastned NV and its competitors.
Is Vastned NV's ROC % too high?
Vastned NV's current ROC % is 3.25%. The REITs industry median ROC % is 3.76. Vastned NV's value of 3.25% is 13.6% below this industry median. Overall, Vastned NV has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Vastned NV's ROC % compare to SPG and O?
Vastned NV's ROC % of 3.25% can be compared against companies in the REITs industry. The industry median ROC % is 3.76. Vastned NV's value of 3.25% is 13.6% 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 REITs company?
The median ROC % among REITs companies is 3.76, based on 741 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. Vastned NV's current ROC % of 3.25% is 13.6% 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 Vastned NV and its competitors. For the REITs industry, the median ROC % is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vastned NV's current ROC % is 3.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vastned NV stock overvalued right now?
Vastned NV (FRA:IJX) has a current ROC % of 3.25%. The stock's GF Value™ is €24.66, compared to a current price of €29.55 — trading 19.8% above its estimated fair value. The current ROC % is 3.25% and 13.6% below the REITs industry median of 3.76. Vastned NV's overall GF Score™ is 63/100 with 9 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 Vastned NV (FRA:IJX), the current ROC % is 3.25% 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 Vastned NV (FRA:IJX) Overvalued in 2026?
Based on GuruFocus' analysis, Vastned NV stock appears to be overvalued.
The current stock price of €29.55 is trading 19.8% above its estimated GF Value™ of €24.66.
Key valuation signals for FRA:IJX:
ROC %: 3.25%
GF Value™: €24.66 vs. price of €29.55 (19.8% above fair value)
No single metric tells the full story. See the FRA:IJX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vastned NV, formerly Vastned Belgium is a Belgium-based property investment company. Principally, it invests in Belgian commercial real estate, prime retail properties located on the shopping streets in the cities of Antwerp, Brussels, Ghent and Bruges, inner-city shops, high-end retail parks and retail warehouses.
63GF Score
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