ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Desarrollos Especiales de Sistemas de Anclaje's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 10.39%.
As of today (2026-06-30), Desarrollos Especiales de Sistemas de Anclaje's WACC % is 3.74%. Desarrollos Especiales de Sistemas de Anclaje's ROC % is 11.92% (calculated using TTM income statement data).
Desarrollos Especiales de Sistemas de Anclaje 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.
Desarrollos Especiales de Sistemas de Anclaje (XMAD:DESA) 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, Desarrollos Especiales de Sistemas de Anclaje's WACC % is 3.74%. Desarrollos Especiales de Sistemas de Anclaje's ROC % is 11.92% (calculated using TTM income statement data).
Desarrollos Especiales de Sistemas de Anclaje 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.
Desarrollos Especiales de Sistemas de Anclaje ROC % Related Terms
Desarrollos Especiales de Sistemas de Anclaje ROC % Historical Data
* 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.
Desarrollos Especiales de Sistemas de Anclaje ROC % Chart
Desarrollos Especiales de Sistemas de Anclaje Annual Data
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.
Desarrollos Especiales de Sistemas de Anclaje (XMAD:DESA) has a ROC % of 10.39% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Desarrollos Especiales de Sistemas de Anclaje and its competitors.
Is Desarrollos Especiales de Sistemas de Anclaje's ROC % too high?
Desarrollos Especiales de Sistemas de Anclaje's current ROC % is 10.39%. The Industrial Products industry median ROC % is 5.21. Desarrollos Especiales de Sistemas de Anclaje's value of 10.39% is 99.4% above this industry median. Overall, Desarrollos Especiales de Sistemas de Anclaje has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Desarrollos Especiales de Sistemas de Anclaje's ROC % compare to SNA and RBC?
Desarrollos Especiales de Sistemas de Anclaje's ROC % of 10.39% can be compared against companies in the Industrial Products industry. The industry median ROC % is 5.21. Desarrollos Especiales de Sistemas de Anclaje's value of 10.39% is 99.4% 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 Industrial Products company?
The median ROC % among Industrial Products companies is 5.21, based on 3,033 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. Desarrollos Especiales de Sistemas de Anclaje's current ROC % of 10.39% is 99.4% 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 Desarrollos Especiales de Sistemas de Anclaje and its competitors. For the Industrial Products industry, the median ROC % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Desarrollos Especiales de Sistemas de Anclaje's current ROC % is 10.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desarrollos Especiales de Sistemas de Anclaje stock overvalued right now?
Based on GuruFocus' analysis, Desarrollos Especiales de Sistemas de Anclaje (XMAD:DESA) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.81, compared to a current price of €24.40 — trading 54.3% above its estimated fair value. The current ROC % is 10.39% and 99.4% above the Industrial Products industry median of 5.21. Desarrollos Especiales de Sistemas de Anclaje's overall GF Score™ is 71/100 with 3 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 Desarrollos Especiales de Sistemas de Anclaje (XMAD:DESA), the current ROC % is 10.39% 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 Desarrollos Especiales de Sistemas de Anclaje (XMAD:DESA) Overvalued in 2026?
Based on GuruFocus' analysis, Desarrollos Especiales de Sistemas de Anclaje stock appears to be overvalued.
The current stock price of €24.40 is trading 54.3% above its estimated GF Value™ of €15.81.
GuruFocus considers Desarrollos Especiales de Sistemas de Anclaje to be Significantly Overvalued.
Key valuation signals for XMAD:DESA:
ROC %: 10.39%
GF Value™: €15.81 vs. price of €24.40 (54.3% above fair value)
Industry Position: 99.4% above the Industrial Products median
No single metric tells the full story. See the XMAD:DESA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Desarrollos Especiales de Sistemas de Anclaje Business Description
Desarrollos Especiales de Sistemas de Anclaje is engaged in the manufacturing and sale of anchors and fastenings for construction applications. The company's product offerings include screws, chemical anchors, metallic anchors, tube clamps and fastenings, among others. It sells its products under the brand name Desa, Desatools and Construsim.
71GF Score
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