ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Intertek Group's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 14.11%.
As of today (2026-06-26), Intertek Group's WACC % is 13.51%. Intertek Group's ROC % is 13.44% (calculated using TTM income statement data).
Intertek Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Intertek Group (FRA:IT10) 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, Intertek Group's WACC % is 13.51%. Intertek Group's ROC % is 13.44% (calculated using TTM income statement data).
Intertek Group 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.
Intertek Group ROC % Related Terms
Intertek Group ROC % Historical Data
* Premium members only.
The historical data trend for Intertek Group'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.
Intertek Group (FRA:IT10) has a ROC % of 14.11% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Intertek Group and its competitors.
Is Intertek Group's ROC % too high?
Intertek Group's current ROC % is 14.11%. The Business Services industry median ROC % is 5.93. Intertek Group's value of 14.11% is 137.9% above this industry median. Overall, Intertek Group has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Intertek Group's ROC % compare to CTAS and CPRT?
Intertek Group's ROC % of 14.11% can be compared against companies in the Business Services industry. The industry median ROC % is 5.93. Intertek Group's value of 14.11% is 137.9% above 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 Business Services company?
The median ROC % among Business Services companies is 5.93, based on 1,075 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. Intertek Group's current ROC % of 14.11% is 137.9% above 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 Intertek Group and its competitors. For the Business Services industry, the median ROC % is 5.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intertek Group's current ROC % is 14.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intertek Group stock overvalued right now?
Intertek Group (FRA:IT10) has a current ROC % of 14.11%. The stock's GF Value™ is €55.37, compared to a current price of €64.50 — trading 16.5% above its estimated fair value. The current ROC % is 14.11% and 137.9% above the Business Services industry median of 5.93. Intertek Group's overall GF Score™ is 80/100 with 5 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 Intertek Group (FRA:IT10), the current ROC % is 14.11% 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 Intertek Group (FRA:IT10) Overvalued in 2026?
Based on GuruFocus' analysis, Intertek Group stock appears to be overvalued.
The current stock price of €64.50 is trading 16.5% above its estimated GF Value™ of €55.37.
Key valuation signals for FRA:IT10:
ROC %: 14.11%
GF Value™: €55.37 vs. price of €64.50 (16.5% above fair value)
Industry Position: 137.9% above the Business Services median
No single metric tells the full story. See the FRA:IT10 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intertek is one of the largest and oldest companies in the testing, inspection, and certification industry. Its primary activities include testing products and materials, inspecting sites/industrial equipment, and certifying products and systems to ensure compliance with global/company standards. Intertek is one of only three TIC companies operating globally across multiple industries. The firm was listed in 2002 following Charterhouse's divestment. It employs over 40,000 people worldwide.
80GF Score
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