ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. MLP SE's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 2.87%.
As of today (2026-06-26), MLP SE's WACC % is 1.47%. MLP SE's ROC % is 1.46% (calculated using TTM income statement data).
MLP SE earns returns that do not match up to its cost of capital. It will destroy value as it grows.
MLP SE (WBO:MLP) 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, MLP SE's WACC % is 1.47%. MLP SE's ROC % is 1.46% (calculated using TTM income statement data).
MLP SE 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.
MLP SE ROC % Related Terms
MLP SE ROC % Historical Data
* Premium members only.
The historical data trend for MLP SE'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.
MLP SE (WBO:MLP) has a ROC % of 2.87% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on MLP SE and its competitors.
Is MLP SE's ROC % too high?
MLP SE's current ROC % is 2.87%. The Asset Management industry median ROC % is 1.21. MLP SE's value of 2.87% is 137.2% above this industry median. Overall, MLP SE has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MLP SE's ROC % compare to BLK and BX?
MLP SE's ROC % of 2.87% can be compared against companies in the Asset Management industry. The industry median ROC % is 1.21. MLP SE's value of 2.87% is 137.2% 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 an Asset Management company?
The median ROC % among Asset Management companies is 1.21, based on 709 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. MLP SE's current ROC % of 2.87% is 137.2% 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 MLP SE and its competitors. For the Asset Management industry, the median ROC % is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MLP SE's current ROC % is 2.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MLP SE stock overvalued right now?
Based on GuruFocus' analysis, MLP SE (WBO:MLP) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.78, compared to a current price of €7.90 — trading 16.5% above its estimated fair value. The current ROC % is 2.87% and 137.2% above the Asset Management industry median of 1.21. MLP SE's overall GF Score™ is 79/100 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 MLP SE (WBO:MLP), the current ROC % is 2.87% 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 MLP SE (WBO:MLP) Overvalued in 2026?
Based on GuruFocus' analysis, MLP SE stock appears to be overvalued.
The current stock price of €7.90 is trading 16.5% above its estimated GF Value™ of €6.78.
GuruFocus considers MLP SE to be Modestly Overvalued.
Key valuation signals for WBO:MLP:
ROC %: 2.87%
GF Value™: €6.78 vs. price of €7.90 (16.5% above fair value)
Industry Position: 137.2% above the Asset Management median
No single metric tells the full story. See the WBO:MLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MLP SE is a holding company providing financial and economic consulting services to private, corporate, and institutional clients, covering retirement provision, wealth management, insurance, loans, and banking. It operates through segments, including the Financial Consulting segment, which generates the majority of revenue, driven by retirement planning, health and non-life insurance, loans and mortgages, and wealth management. The Banking segment includes services such as accounts, cards, and interest rate business, while the FERI segment contributes through wealth management consulting. The DOMCURA and Industrial Broker segments mainly generate revenue from insurance brokerage and administration, particularly in non-life insurance for private and commercial clients.
79GF Score
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