We connect (STU:77P) ROC %: 10.63% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

STU:77P We connect SA STU:77P
91 GF Score
Price €26.20
GF Value €26.83
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is We connect ROC %?

We connect STU:77P -0.38% 91 ROC % is 10.63% as of Dec. 2025. GuruFocus rates STU:77P with a GF Score™ of 91/100 and a GF Value™ of €26.83 (Fairly Valued). The stock has 6 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. We connect's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 10.63%.

As of today (2026-07-13), We connect's WACC % is 8.12%. We connect's ROC % is 13.67% (calculated using TTM income statement data). We connect 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.


We connect  (STU:77P) 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, We connect's WACC % is 8.12%. We connect's ROC % is 13.67% (calculated using TTM income statement data). We connect 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.


We connect ROC % Related Terms


We connect ROC % Historical Data

* Premium members only.

The historical data trend for We connect'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.

We connect ROC % Chart

We connect Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.67 16.47 17.74 21.85 13.54

We connect Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.73 14.95 16.85 15.89 10.63
STU:77P
91GF Score
We connect SA STU:77P
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

We connect ROC % Calculation

We connect's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=13.672 * ( 1 - 7.55% )/( (52.695 + 134.019)/ 2 )
=12.639764/93.357
=13.54 %

where

Invested Capital(A: Dec. 2024 )
=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))
=220.814 - 128.172 - ( 39.947 - max(0, 130.398 - 213.804+39.947))
=52.695

Invested Capital(A: Dec. 2025 )
=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))
=343.773 - 161.696 - ( 48.058 - max(0, 223.318 - 330.271+48.058))
=134.019

We connect's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=12.342 * ( 1 - 3.31% )/( (90.585 + 134.019)/ 2 )
=11.9334798/112.302
=10.63 %

where

Invested Capital(Q: Jun. 2025 )
=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))
=209.947 - 103.106 - ( 16.256 - max(0, 103.106 - 200.675+16.256))
=90.585

Invested Capital(Q: Dec. 2025 )
=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))
=343.773 - 161.696 - ( 48.058 - max(0, 223.318 - 330.271+48.058))
=134.019

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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 10.63% mean?
We connect (STU:77P) has a ROC % of 10.63% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on We connect and its competitors.
Is We connect's ROC % too high?
We connect's current ROC % is 10.63%. The Hardware industry median ROC % is 4.12. We connect's value of 10.63% is 158% above this industry median. Overall, We connect has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does We connect's ROC % compare to SNDK and DELL?
We connect's ROC % of 10.63% can be compared against companies in the Hardware industry. The industry median ROC % is 4.12. We connect's value of 10.63% is 158% above 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 Hardware company?
The median ROC % among Hardware companies is 4.12, based on 2,451 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. We connect's current ROC % of 10.63% is 158% above 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 We connect and its competitors. For the Hardware industry, the median ROC % is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. We connect's current ROC % is 10.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is We connect stock overvalued right now?
Based on GuruFocus' analysis, We connect (STU:77P) is currently considered Fairly Valued. The stock's GF Value™ is €26.83, compared to a current price of €26.20 — trading 2.3% below its estimated fair value. The current ROC % is 10.63% and 158% above the Hardware industry median of 4.12. We connect's overall GF Score™ is 91/100 with 6 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 We connect (STU:77P), the current ROC % is 10.63% 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 We connect (STU:77P) Overvalued in 2026?

Based on GuruFocus' analysis, We connect stock appears to be undervalued. The current stock price of €26.20 is trading 2.3% below its estimated GF Value™ of €26.83. GuruFocus considers We connect to be Fairly Valued.

Key valuation signals for STU:77P:

  • ROC %: 10.63%
  • GF Value™: €26.83 vs. price of €26.20 (2.3% below fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 158% above the Hardware median

No single metric tells the full story. See the STU:77P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


We connect Business Description

Other Exchanges ALWEC:France
Address ZI Paris Est - 6, rue Leon Jouhaux, Crossy-Beaubourg, Paris, FRA, 77183
We connect SA is engaged in the design, manufacture, assembly and distribution of computer, peripheral and electronic equipment and products. The group's products include computers, monitors, multimedia products, storage products and accessories (luggage, phone accessories, tablets and connectors).
91GF Score

Get the complete analysis for STU:77P

ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€26.20
Price
€26.83
GF Value