ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. EnertronicaSanterno SpA's annualized return on capital (ROC %) for the quarter that ended in Dec. 2021 was -10.13%.
As of today (2026-06-29), EnertronicaSanterno SpA's WACC % is 0.00%. EnertronicaSanterno SpA's ROC % is 0.00% (calculated using TTM income statement data).
EnertronicaSanterno SpA earns returns that do not match up to its cost of capital. It will destroy value as it grows.
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, EnertronicaSanterno SpA's WACC % is 0.00%. EnertronicaSanterno SpA's ROC % is 0.00% (calculated using TTM income statement data).
EnertronicaSanterno SpA 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.
* 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. 2021) 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.
EnertronicaSanterno SpA (MIL:ENT) has a ROC % of -10.13% as of Dec. 2021. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on EnertronicaSanterno SpA and its competitors.
Is EnertronicaSanterno SpA's ROC % too high?
EnertronicaSanterno SpA's current ROC % is -10.13%. Overall, EnertronicaSanterno SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does EnertronicaSanterno SpA's ROC % compare to ENPH and SEDG?
EnertronicaSanterno SpA's ROC % of -10.13% can be compared against companies in the Semiconductors industry. The industry median ROC % is 3.74. 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 Semiconductors company?
The median ROC % among Semiconductors companies is 3.74, based on 1,010 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 EnertronicaSanterno SpA and its competitors. For the Semiconductors industry, the median ROC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EnertronicaSanterno SpA's current ROC % is -10.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EnertronicaSanterno SpA stock overvalued right now?
EnertronicaSanterno SpA (MIL:ENT) has a current ROC % of -10.13%. The current ROC % is -10.13%. EnertronicaSanterno SpA's overall GF Score™ is 4/100. 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 EnertronicaSanterno SpA (MIL:ENT), the current ROC % is -10.13% as of Dec. 2021. 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.
EnertronicaSanterno SpA operates in the energy and power electronics sector. It manufactures motor drives and inverters for applications in the Industrial Automation and Solar Energy industries. The company operates across various business lines which include; Industrial Automation, Industrial Service, Photovoltaic Inverters, Energy, and Others. Maximum revenue is derived from its Photovoltaic inverters business line which is mainly concerned with the production of centralized photovoltaic inverters for utility-scale applications. The company also holds investments in solar plants and provides maintenance services for its industrial and photovoltaic inverters. Geographically, it derives maximum revenue from Italy and other European countries followed by Africa, America, and other regions.
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