ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. MS Industrie AG's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was -1.93%.
As of today (2026-06-25), MS Industrie AG's WACC % is 7.26%. MS Industrie AG's ROC % is -1.24% (calculated using TTM income statement data).
MS Industrie AG earns returns that do not match up to its cost of capital. It will destroy value as it grows.
MS Industrie AG (HAM:MSAG) 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, MS Industrie AG's WACC % is 7.26%. MS Industrie AG's ROC % is -1.24% (calculated using TTM income statement data).
MS Industrie AG 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.
MS Industrie AG ROC % Related Terms
MS Industrie AG ROC % Historical Data
* Premium members only.
The historical data trend for MS Industrie AG'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.
MS Industrie AG (HAM:MSAG) has a ROC % of -1.93% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on MS Industrie AG and its competitors.
Is MS Industrie AG's ROC % too high?
MS Industrie AG's current ROC % is -1.93%. Overall, MS Industrie AG has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MS Industrie AG's ROC % compare to ORLY and AZO?
MS Industrie AG's ROC % of -1.93% can be compared against companies in the Vehicles & Parts industry. The industry median ROC % is 5.07. 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 Vehicles & Parts company?
The median ROC % among Vehicles & Parts companies is 5.07, based on 1,316 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 MS Industrie AG and its competitors. For the Vehicles & Parts industry, the median ROC % is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MS Industrie AG's current ROC % is -1.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MS Industrie AG stock overvalued right now?
Based on GuruFocus' analysis, MS Industrie AG (HAM:MSAG) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.06, compared to a current price of €1.26 — trading 18.9% above its estimated fair value. The current ROC % is -1.93%. MS Industrie AG'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 MS Industrie AG (HAM:MSAG), the current ROC % is -1.93% 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 MS Industrie AG (HAM:MSAG) Overvalued in 2026?
Based on GuruFocus' analysis, MS Industrie AG stock appears to be overvalued.
The current stock price of €1.26 is trading 18.9% above its estimated GF Value™ of €1.06.
GuruFocus considers MS Industrie AG to be Modestly Overvalued.
Key valuation signals for HAM:MSAG:
ROC %: -1.93%
GF Value™: €1.06 vs. price of €1.26 (18.9% above fair value)
No single metric tells the full story. See the HAM:MSAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MS Industrie AG is a business consulting and investment holding company. Its segments include Powertrain technology, Ultrasonic technology, Services, and others. The company focuses its investment in automotive and motor engineering (Diesel and electrical engines), and welding engineering sectors (mechanical engineering and packaging systems).
63GF Score
Get the complete analysis for HAM:MSAG
ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:MSAG has been successfully added to your 
