ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Viva Wine Group AB's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 3.94%.
As of today (2026-07-02), Viva Wine Group AB's WACC % is 5.27%. Viva Wine Group AB's ROC % is 7.36% (calculated using TTM income statement data).
Viva Wine Group AB generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
Viva Wine Group AB (OSTO:VIVA) 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, Viva Wine Group AB's WACC % is 5.27%. Viva Wine Group AB's ROC % is 7.36% (calculated using TTM income statement data).
Viva Wine Group AB generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
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.
Viva Wine Group AB ROC % Related Terms
Viva Wine Group AB ROC % Historical Data
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The historical data trend for Viva Wine 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.
Viva Wine Group AB (OSTO:VIVA) has a ROC % of 3.94% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Viva Wine Group AB and its competitors.
Is Viva Wine Group AB's ROC % too high?
Viva Wine Group AB's current ROC % is 3.94%. The Beverages - Alcoholic industry median ROC % is 4.70. Viva Wine Group AB's value of 3.94% is 16.2% below this industry median. Overall, Viva Wine Group AB has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viva Wine Group AB's ROC % compare to BF.B?
Viva Wine Group AB's ROC % of 3.94% can be compared against companies in the Beverages - Alcoholic industry. The industry median ROC % is 4.70. Viva Wine Group AB's value of 3.94% is 16.2% 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 Beverages - Alcoholic company?
The median ROC % among Beverages - Alcoholic companies is 4.70, based on 211 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. Viva Wine Group AB's current ROC % of 3.94% is 16.2% 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 Viva Wine Group AB and its competitors. For the Beverages - Alcoholic industry, the median ROC % is 4.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viva Wine Group AB's current ROC % is 3.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viva Wine Group AB stock overvalued right now?
Based on GuruFocus' analysis, Viva Wine Group AB (OSTO:VIVA) is currently considered Significantly Undervalued. The stock's GF Value™ is kr56.19, compared to a current price of kr38.00 — trading 32.4% below its estimated fair value. The current ROC % is 3.94% and 16.2% below the Beverages - Alcoholic industry median of 4.70. Viva Wine Group AB's overall GF Score™ is 73/100 with 4 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 Viva Wine Group AB (OSTO:VIVA), the current ROC % is 3.94% 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 Viva Wine Group AB (OSTO:VIVA) Overvalued in 2026?
Based on GuruFocus' analysis, Viva Wine Group AB stock appears to be undervalued.
The current stock price of kr38.00 is trading 32.4% below its estimated GF Value™ of kr56.19.
GuruFocus considers Viva Wine Group AB to be Significantly Undervalued.
Key valuation signals for OSTO:VIVA:
ROC %: 3.94%
GF Value™: kr56.19 vs. price of kr38.00 (32.4% below fair value)
Industry Position: 16.2% below the Beverages - Alcoholic median
No single metric tells the full story. See the OSTO:VIVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viva Wine Group AB is a Swedish wine company that trades in alcoholic beverages and sells both wholly owned and partner brands in various markets. Its business is divided into two segments, which are Nordics(B2B) and eCom(B2C). The Nordics segment accounts for the majority of revenue and includes customers such as state retail monopolies Systembolaget, Alko, and Vinmonopolet, as well as wholesalers, hotels, and restaurants. The eCom segment focuses on consumer e-commerce sales in Europe, while the Other segment includes the company's pilot sales to B2B customers in the United States. The company's geographical segments include Sweden, Finland, Germany, Norway, and other countries.
73GF Score
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