Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC) ROC %: 0.00% (As of Dec. 2023)


What is Igis Neptune Barcelona Holdco Socimi ROC %?

Igis Neptune Barcelona Holdco Socimi XPAR:MLABC ROC % is 0.00% as of Dec. 2023.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Igis Neptune Barcelona Holdco Socimi's annualized return on capital (ROC %) for the quarter that ended in Dec. 2023 was 0.00%.

As of today (2026-06-24), Igis Neptune Barcelona Holdco Socimi's WACC % is 0.00%. Igis Neptune Barcelona Holdco Socimi's ROC % is 0.00% (calculated using TTM income statement data). Igis Neptune Barcelona Holdco Socimi earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Igis Neptune Barcelona Holdco Socimi  (XPAR:MLABC) 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, Igis Neptune Barcelona Holdco Socimi's WACC % is 0.00%. Igis Neptune Barcelona Holdco Socimi's ROC % is 0.00% (calculated using TTM income statement data). Igis Neptune Barcelona Holdco Socimi 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.

Igis Neptune Barcelona Holdco Socimi ROC % Related Terms

Igis Neptune Barcelona Holdco Socimi ROC % Historical Data

* Premium members only.

The historical data trend for Igis Neptune Barcelona Holdco Socimi'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.

Igis Neptune Barcelona Holdco Socimi ROC % Chart

Igis Neptune Barcelona Holdco Socimi Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROC %
-0.42 -0.71 -0.31 0.00

Igis Neptune Barcelona Holdco Socimi Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
ROC % -0.42 -0.71 -0.31 0.00

Igis Neptune Barcelona Holdco Socimi ROC % Calculation

Igis Neptune Barcelona Holdco Socimi's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=-0.004 * ( 1 - 0% )/( (127.348 + 206.339)/ 2 )
=-0.004/166.8435
=-0.00 %

where

Invested Capital(A: Dec. 2022 )
=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))
=129.64 - 0.776 - ( 4.143 - max(0, 2.719 - 4.235+4.143))
=127.348

Invested Capital(A: Dec. 2023 )
=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))
=122.389 - 0.089 - ( 2.245 - max(0, 86.384 - 2.345+2.245))
=206.339

Igis Neptune Barcelona Holdco Socimi's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-0.004 * ( 1 - 0% )/( (127.348 + 206.339)/ 2 )
=-0.004/166.8435
=-0.00 %

where

Invested Capital(Q: Dec. 2022 )
=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))
=129.64 - 0.776 - ( 4.143 - max(0, 2.719 - 4.235+4.143))
=127.348

Invested Capital(Q: Dec. 2023 )
=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))
=122.389 - 0.089 - ( 2.245 - max(0, 86.384 - 2.345+2.245))
=206.339

Note: The Operating Income data used here is one times the annual (Dec. 2023) 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 0.00% mean?
Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC) has a ROC % of 0.00% as of Dec. 2023. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Igis Neptune Barcelona Holdco Socimi and its competitors.
Is Igis Neptune Barcelona Holdco Socimi's ROC % too high?
Igis Neptune Barcelona Holdco Socimi's current ROC % is 0.00%.
How does Igis Neptune Barcelona Holdco Socimi's ROC % compare to ?
Igis Neptune Barcelona Holdco Socimi's ROC % of 0.00% can be compared against companies in the REITs industry. The industry median ROC % is 3.74. 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 750 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. 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 Igis Neptune Barcelona Holdco Socimi 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. Igis Neptune Barcelona Holdco Socimi's current ROC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Igis Neptune Barcelona Holdco Socimi stock overvalued right now?
Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC) has a current ROC % of 0.00%. The current ROC % is 0.00%. 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 Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC), the current ROC % is 0.00% as of Dec. 2023. 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.

Igis Neptune Barcelona Holdco Socimi Business Description

Industry Real EstateREITs
Comparable Companies
Address Calle Principe de Vergara 112, 4th floor, Madrid, ESP, 28002
Igis Neptune Barcelona Holdco Socimi SA is a Real Estate Investment Trust (REIT) specialized in the holding and management of real estate located in Spain. The company currently holds one logistics real estate asset in Barcelona.