Eurocommercial Properties NV (XAMS:ECMPA) ROC %: 3.60% (As of Mar. 2026)


XAMS:ECMPA Eurocommercial Properties NV XAMS:ECMPA
74 GF Score
Price €27.40
GF Value €23.58
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Eurocommercial Properties NV ROC %?

Eurocommercial Properties NV XAMS:ECMPA -0.18% 74 ROC % is 3.60% as of Mar. 2026. GuruFocus rates XAMS:ECMPA with a GF Score™ of 74/100 and a GF Value™ of €23.58 (Modestly Overvalued). The stock has 10 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 %. Eurocommercial Properties NV's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 3.60%.

As of today (2026-06-26), Eurocommercial Properties NV's WACC % is 4.71%. Eurocommercial Properties NV's ROC % is 2.49% (calculated using TTM income statement data). Eurocommercial Properties NV earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Eurocommercial Properties NV  (XAMS:ECMPA) 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, Eurocommercial Properties NV's WACC % is 4.71%. Eurocommercial Properties NV's ROC % is 2.49% (calculated using TTM income statement data). Eurocommercial Properties NV 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.


Eurocommercial Properties NV ROC % Related Terms


Eurocommercial Properties NV ROC % Historical Data

* Premium members only.

The historical data trend for Eurocommercial Properties NV'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.

Eurocommercial Properties NV ROC % Chart

Eurocommercial Properties NV Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 3.05 4.08 3.49 2.45

Eurocommercial Properties NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.90 0.44 3.61 2.89 3.60
XAMS:ECMPA
74GF Score
Eurocommercial Properties NV XAMS:ECMPA
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eurocommercial Properties NV ROC % Calculation

Eurocommercial Properties NV'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 )
=175.876 * ( 1 - 40.83% )/( (4011.136 + 4499.366)/ 2 )
=104.0658292/4255.251
=2.45 %

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))
=3927.937 - 55.826 - ( 35.964 - max(0, 226.598 - 87.573+35.964))
=4011.136

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))
=4096.178 - 75.895 - ( 67.578 - max(0, 599.716 - 120.633+67.578))
=4499.366

Eurocommercial Properties NV's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=186.08 * ( 1 - 17.45% )/( (4499.366 + 4030.58)/ 2 )
=153.60904/4264.973
=3.60 %

where

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))
=4096.178 - 75.895 - ( 67.578 - max(0, 599.716 - 120.633+67.578))
=4499.366

Invested Capital(Q: Mar. 2026 )
=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))
=4120.294 - 110.784 - ( 78.328 - max(0, 158.778 - 137.708+78.328))
=4030.58

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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 3.60% mean?
Eurocommercial Properties NV (XAMS:ECMPA) has a ROC % of 3.60% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Eurocommercial Properties NV and its competitors.
Is Eurocommercial Properties NV's ROC % too high?
Eurocommercial Properties NV's current ROC % is 3.60%. The REITs industry median ROC % is 3.74. Eurocommercial Properties NV's value of 3.60% is 3.7% below this industry median. Overall, Eurocommercial Properties NV has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eurocommercial Properties NV's ROC % compare to SPG and O?
Eurocommercial Properties NV's ROC % of 3.60% can be compared against companies in the REITs industry. The industry median ROC % is 3.74. Eurocommercial Properties NV's value of 3.60% is 3.7% 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 REITs company?
The median ROC % among REITs companies is 3.74, based on 749 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. Eurocommercial Properties NV's current ROC % of 3.60% is 3.7% 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 Eurocommercial Properties NV and its competitors. For the REITs industry, the median ROC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eurocommercial Properties NV's current ROC % is 3.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eurocommercial Properties NV stock overvalued right now?
Based on GuruFocus' analysis, Eurocommercial Properties NV (XAMS:ECMPA) is currently considered Modestly Overvalued. The stock's GF Value™ is €23.58, compared to a current price of €27.40 — trading 16.2% above its estimated fair value. The current ROC % is 3.60% and 3.7% below the REITs industry median of 3.74. Eurocommercial Properties NV's overall GF Score™ is 74/100 with 10 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 Eurocommercial Properties NV (XAMS:ECMPA), the current ROC % is 3.60% 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 Eurocommercial Properties NV (XAMS:ECMPA) Overvalued in 2026?

Based on GuruFocus' analysis, Eurocommercial Properties NV stock appears to be overvalued. The current stock price of €27.40 is trading 16.2% above its estimated GF Value™ of €23.58. GuruFocus considers Eurocommercial Properties NV to be Modestly Overvalued.

Key valuation signals for XAMS:ECMPA:

  • ROC %: 3.60%
  • GF Value™: €23.58 vs. price of €27.40 (16.2% above fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 3.7% below the REITs median

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


Eurocommercial Properties NV Business Description

Industry Real EstateREITs
Address De Boelelaan 7, Amsterdam, NLD, 1083 HJ
Eurocommercial Properties NV is a Netherlands-based property investment company that invests, owns, and manages retail properties. The company operates in France, Belgium, Italy, Sweden, and the Netherlands which are also its operating segments. The company generates revenue from leasing its shopping center properties to tenants.
74GF Score

Get the complete analysis for XAMS:ECMPA

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

€27.40
Price
€23.58
GF Value