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ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Cy4gate SpA's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 1.23%.
As of today (2026-09-17), Cy4gate SpA's WACC % is 8.12%. Cy4gate SpA's ROC % is 0.00% (calculated using TTM income statement data).
Cy4gate 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, Cy4gate SpA's WACC % is 8.12%. Cy4gate SpA's ROC % is 0.00% (calculated using TTM income statement data).
Cy4gate 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.
Cy4gate SpA ROC % Related Terms
Cy4gate SpA ROC % Historical Data
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The historical data trend for Cy4gate SpA'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.
Cy4gate SpA (STU:68H) has a ROC % of 1.23% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Cy4gate SpA and its competitors.
Is Cy4gate SpA's ROC % too high?
Cy4gate SpA's current ROC % is 1.23%. The Software industry median ROC % is 3.19. Cy4gate SpA's value of 1.23% is 61.4% below this industry median. Overall, Cy4gate SpA has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cy4gate SpA's ROC % compare to MSFT and PLTR?
Cy4gate SpA's ROC % of 1.23% can be compared against companies in the Software industry. The industry median ROC % is 3.19. Cy4gate SpA's value of 1.23% is 61.4% 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 Software company?
The median ROC % among Software companies is 3.19, based on 2,834 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. Cy4gate SpA's current ROC % of 1.23% is 61.4% 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 Cy4gate SpA and its competitors. For the Software industry, the median ROC % is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cy4gate SpA's current ROC % is 1.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cy4gate SpA stock overvalued right now?
Based on GuruFocus' analysis, Cy4gate SpA (STU:68H) is currently considered Possible Value Trap. The stock's GF Value™ is €14.88, compared to a current price of €10.00 — trading 32.8% below its estimated fair value. The current ROC % is 1.23% and 61.4% below the Software industry median of 3.19. Cy4gate SpA's overall GF Score™ is 77/100 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 Cy4gate SpA (STU:68H), the current ROC % is 1.23% 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 Cy4gate SpA (STU:68H) Overvalued in 2026?
Based on GuruFocus' analysis, Cy4gate SpA stock appears to be undervalued.
The current stock price of €10.00 is trading 32.8% below its estimated GF Value™ of €14.88.
GuruFocus considers Cy4gate SpA to be Possible Value Trap.
Key valuation signals for STU:68H:
ROC %: 1.23%
GF Value™: €14.88 vs. price of €10.00 (32.8% below fair value)
Industry Position: 61.4% below the Software median
No single metric tells the full story. See the STU:68H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cy4gate SpA is engaged in the design, development and production of technologies, products, systems and services. Its corporate solutions include Cyber Resilience, Education & Training, Corporate Intelligence; and government solutions include Cyber Intelligence & Cyber Security. The company has a single operating segment, that of the development and marketing of cyber intelligence and cyber security products. Geographically it operates in Italy and outside Italy from where it derives the majority of revenue.
77GF Score
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ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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