Piippo Oyj (OHEL:PIIPPO) ROC %: 0.00% (As of Sep. 2022)


What is Piippo Oyj ROC %?

Piippo Oyj OHEL:PIIPPO ROC % is 0.00% as of Sep. 2022.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Piippo Oyj's annualized return on capital (ROC %) for the quarter that ended in Sep. 2022 was 0.00%.

As of today (2026-07-08), Piippo Oyj's WACC % is 0.00%. Piippo Oyj's ROC % is 0.00% (calculated using TTM income statement data). Piippo Oyj earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Piippo Oyj  (OHEL:PIIPPO) 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, Piippo Oyj's WACC % is 0.00%. Piippo Oyj's ROC % is 0.00% (calculated using TTM income statement data). Piippo Oyj 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.

Piippo Oyj ROC % Related Terms

Piippo Oyj ROC % Historical Data

* Premium members only.

The historical data trend for Piippo Oyj'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.

Piippo Oyj ROC % Chart

Piippo Oyj Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20
ROC %
Get a 7-Day Free Trial 6.43 4.37 0.16 1.45 2.39

Piippo Oyj Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep22
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.46 4.81 -0.56 7.57 0.00

Piippo Oyj ROC % Calculation

Piippo Oyj's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2020 is calculated as:

ROC % (A: Dec. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2019 ) + Invested Capital (A: Dec. 2020 ))/ count )
=0.367 * ( 1 - 17.49% )/( (13.226 + 12.136)/ 2 )
=0.3028117/12.681
=2.39 %

where

Invested Capital(A: Dec. 2019 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=15.808 - 1.668 - ( 0.914 - max(0, 7.098 - 9.129+0.914))
=13.226

Invested Capital(A: Dec. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=14.297 - 1.593 - ( 0.568 - max(0, 3.817 - 7.935+0.568))
=12.136

Piippo Oyj's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2021 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=0 * ( 1 - 0% )/( (13.616 + 15.229)/ 2 )
=0/14.4225
=0.00 %

where

Invested Capital(Q: Jun. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=17.644 - 3.724 - ( 0.304 - max(0, 7.1 - 11.492+0.304))
=13.616

Invested Capital(Q: Sep. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=21.157 - 2.673 - ( 3.255 - max(0, 11.077 - 15.324+3.255))
=15.229

Note: The Operating Income data used here is two times the semi-annual (Sep. 2022) 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 0.00% mean?
Piippo Oyj (OHEL:PIIPPO) has a ROC % of 0.00% as of Sep. 2022. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Piippo Oyj and its competitors.
Is Piippo Oyj's ROC % too high?
Piippo Oyj's current ROC % is 0.00%.
How does Piippo Oyj's ROC % compare to MBLY and APTV?
Piippo Oyj's ROC % of 0.00% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROC % is 2.91. 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 Manufacturing - Apparel & Accessories company?
The median ROC % among Manufacturing - Apparel & Accessories companies is 2.91, based on 1,041 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 Piippo Oyj and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC % is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piippo Oyj's current ROC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piippo Oyj stock overvalued right now?
Piippo Oyj (OHEL:PIIPPO) has a current ROC % of 0.00%. The current ROC % is 0.00%. 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 Piippo Oyj (OHEL:PIIPPO), the current ROC % is 0.00% as of Sep. 2022. 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.

Piippo Oyj Business Description

Address Sysmajarventie 3, Outokumpu, FIN, 83500
Piippo Oyj operates in the agricultural twines, net wraps, synthetic ropes and yarns, cables and wires, among others.