ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. ZEAL Network SE's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 10.01%.
As of today (2026-06-26), ZEAL Network SE's WACC % is 3.18%. ZEAL Network SE's ROC % is 11.96% (calculated using TTM income statement data).
ZEAL Network SE 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.
ZEAL Network SE (OTCPK:ZLNWF) 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, ZEAL Network SE's WACC % is 3.18%. ZEAL Network SE's ROC % is 11.96% (calculated using TTM income statement data).
ZEAL Network SE 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.
ZEAL Network SE ROC % Related Terms
ZEAL Network SE ROC % Historical Data
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The historical data trend for ZEAL Network 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.
ZEAL Network SE (ZLNWF) has a ROC % of 10.01% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on ZEAL Network SE and its competitors.
Is ZEAL Network SE's ROC % too high?
ZEAL Network SE's current ROC % is 10.01%. The Travel & Leisure industry median ROC % is 3.76. ZEAL Network SE's value of 10.01% is 166.2% above this industry median. Overall, ZEAL Network SE has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does ZEAL Network SE's ROC % compare to FLUT and DKNG?
ZEAL Network SE's ROC % of 10.01% can be compared against companies in the Travel & Leisure industry. The industry median ROC % is 3.76. ZEAL Network SE's value of 10.01% is 166.2% 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 a Travel & Leisure company?
The median ROC % among Travel & Leisure companies is 3.76, based on 834 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. ZEAL Network SE's current ROC % of 10.01% is 166.2% 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 ZEAL Network SE and its competitors. For the Travel & Leisure industry, the median ROC % is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZEAL Network SE's current ROC % is 10.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEAL Network SE stock overvalued right now?
ZEAL Network SE (ZLNWF) has a current ROC % of 10.01%. The current ROC % is 10.01% and 166.2% above the Travel & Leisure industry median of 3.76. ZEAL Network SE's overall GF Score™ is 87/100 with 2 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 ZEAL Network SE (ZLNWF), the current ROC % is 10.01% 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.
ZEAL Network SE is an e-commerce group of companies company specializing in the area of online lottery. The company offers consumer-facing lottery-based games as well as business-to-business solutions. The operating business segments are Germany and Other. The ZEAL group now has more than one million active customers. ZEAL allows the participation in state-licensed lotteries via the LOTTO24 and Tipp24 brands and also offers its own lottery products. ZEAL operates under its owns brands namely ZEAL Instant Games, ZEAL Ventures and ZEAL Iberia.
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