ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Nobia AB's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 1.43%.
As of today (2026-06-26), Nobia AB's WACC % is 7.31%. Nobia AB's ROC % is -20.16% (calculated using TTM income statement data).
Nobia AB earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Nobia AB (FRA:NI80) 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, Nobia AB's WACC % is 7.31%. Nobia AB's ROC % is -20.16% (calculated using TTM income statement data).
Nobia AB 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.
Nobia AB ROC % Related Terms
Nobia AB ROC % Historical Data
* Premium members only.
The historical data trend for Nobia AB'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.
Nobia AB (FRA:NI80) has a ROC % of 1.43% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Nobia AB and its competitors.
Is Nobia AB's ROC % too high?
Nobia AB's current ROC % is 1.43%. The Furnishings, Fixtures & Appliances industry median ROC % is 3.58. Nobia AB's value of 1.43% is 60.1% below this industry median. Overall, Nobia AB has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Nobia AB's ROC % compare to SN and SGI?
Nobia AB's ROC % of 1.43% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROC % is 3.58. Nobia AB's value of 1.43% is 60.1% 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 Furnishings, Fixtures & Appliances company?
The median ROC % among Furnishings, Fixtures & Appliances companies is 3.58, based on 431 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. Nobia AB's current ROC % of 1.43% is 60.1% 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 Nobia AB and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nobia AB's current ROC % is 1.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nobia AB stock overvalued right now?
Nobia AB (FRA:NI80) has a current ROC % of 1.43%. The stock's GF Value™ is €1.05, compared to a current price of €1.18 — trading 12.1% above its estimated fair value. The current ROC % is 1.43% and 60.1% below the Furnishings, Fixtures & Appliances industry median of 3.58. Nobia AB's overall GF Score™ is 54/100 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 Nobia AB (FRA:NI80), the current ROC % is 1.43% 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 Nobia AB (FRA:NI80) Overvalued in 2026?
Based on GuruFocus' analysis, Nobia AB stock appears to be overvalued.
The current stock price of €1.18 is trading 12.1% above its estimated GF Value™ of €1.05.
Key valuation signals for FRA:NI80:
ROC %: 1.43%
GF Value™: €1.05 vs. price of €1.18 (12.1% above fair value)
Industry Position: 60.1% below the Furnishings, Fixtures & Appliances median
No single metric tells the full story. See the FRA:NI80 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nobia AB is a Sweden-based furniture company that designs, manufactures, and sells various kitchen products. The company operates in the United Kingdom, Denmark, Finland, and Austria. Nobia sells its products through a network of subsidiaries to retailers, builders' merchants, DIY stores, and professional construction companies. The company generates the majority of its net sales from the UK and, secondarily, from the Nordic region. The core brands of Nobia include Magnet, HTH, Marbodal, A la Carte, Sigdal, and ewe. The firm derives revenue from the sale and installation services of kitchen products and other products.
54GF Score
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