Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Hilbert Group AB's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -80.87%.
As of today (2026-07-30), Hilbert Group AB's WACC % is 3.25%. Hilbert Group AB's ROC % is -168.66% (calculated using TTM income statement data).
Hilbert Group AB earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Hilbert Group AB (OSTO:HILB B) 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, Hilbert Group AB's WACC % is 3.25%. Hilbert Group AB's ROC % is -168.66% (calculated using TTM income statement data).
Hilbert Group 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.
Hilbert Group AB ROC % Related Terms
Hilbert Group AB ROC % Historical Data
* Premium members only.
The historical data trend for Hilbert Group 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.
Hilbert Group AB (OSTO:HILB B) has a ROC % of -80.87% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Hilbert Group AB and its competitors.
Is Hilbert Group AB's ROC % too high?
Hilbert Group AB's current ROC % is -80.87%. Overall, Hilbert Group AB has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hilbert Group AB's ROC % compare to BLK and BX?
Hilbert Group AB's ROC % of -80.87% can be compared against companies in the Asset Management industry. The industry median ROC % is 1.17. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Asset Management company?
The median ROC % among Asset Management companies is 1.17, based on 716 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 Hilbert Group AB and its competitors. For the Asset Management industry, the median ROC % is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hilbert Group AB's current ROC % is -80.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hilbert Group AB stock overvalued right now?
Based on GuruFocus' analysis, Hilbert Group AB (OSTO:HILB B) is currently considered Significantly Undervalued. The stock's GF Value™ is kr191.13, compared to a current price of kr4.19 — trading 97.8% below its estimated fair value. The current ROC % is -80.87%. Hilbert Group AB's overall GF Score™ is 60/100 with 1 warning sign 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 Hilbert Group AB (OSTO:HILB B), the current ROC % is -80.87% 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 Hilbert Group AB (OSTO:HILB B) Overvalued in 2026?
Based on GuruFocus' analysis, Hilbert Group AB stock appears to be undervalued.
The current stock price of kr4.19 is trading 97.8% below its estimated GF Value™ of kr191.13.
GuruFocus considers Hilbert Group AB to be Significantly Undervalued.
Key valuation signals for OSTO:HILB B:
ROC %: -80.87%
GF Value™: kr191.13 vs. price of kr4.19 (97.8% below fair value)
No single metric tells the full story. See the OSTO:HILB B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hilbert Group AB is a quantitative investment firm connecting institutions with the digital asset markets. Its main activity, asset management, is operated as a traditional regulated fund business. The group specializes in the investment and risk management of quantitative investment solutions, which generate returns by taking advantage of both alpha and beta trading opportunities in digital asset markets. The firm's asset management activities are supplemented by proprietary trading and strategic balance sheet investments in blockchain-related equity. The group offers the following funds: Hilbert V100 Fund, Hilbert V30 Fund / Hilbert Multi Strategy Fund, Byzantine BTC Credit Fund, and Hilbert Liberty Fund. The majority of its revenue is generated from Cryptocurrency sales.
60GF Score
Get the complete analysis for OSTO:HILB B
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
OSTO:HILB B has been successfully added to your 
