Independent Capital AG (HAM:I8CK) ROCE %: 28.78% (As of Dec. 2024)


HAM:I8CK Independent Capital AG HAM:I8CK
44 GF Score
Price €0.82
GF Value €5.07
! 5 Warning Signs
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What is Independent Capital AG ROCE %?

Independent Capital AG HAM:I8CK 44 ROCE % is 28.78% as of Dec. 2024. GuruFocus rates HAM:I8CK with a GF Score™ of 44/100 and a GF Value™ of €5.07. The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Independent Capital AG's annualized ROCE % for the quarter that ended in Dec. 2024 was 28.78%.

Independent Capital AG  (HAM:I8CK) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Independent Capital AG ROCE % Related Terms

Independent Capital AG ROCE % Historical Data

* Premium members only.

The historical data trend for Independent Capital AG's ROCE % 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.

Independent Capital AG ROCE % Chart

Independent Capital AG Annual Data
Trend Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -46.84 60.44 107.41 8.64 28.78

Independent Capital AG Semi-Annual Data
Dec10 Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -46.84 60.44 107.41 8.64 28.78
HAM:I8CK
44GF Score
Independent Capital AG HAM:I8CK
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Independent Capital AG ROCE % Calculation

Independent Capital AG's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=0.504/( ( (1.549 - 0.044) + (2.073 - 0.076) )/ 2 )
=0.504/( (1.505+1.997)/ 2 )
=0.504/1.751
=28.78 %

Independent Capital AG's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=0.504/( ( (1.549 - 0.044) + (2.073 - 0.076) )/ 2 )
=0.504/( ( 1.505 + 1.997 )/ 2 )
=0.504/1.751
=28.78 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2024) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 28.78% mean?
Independent Capital AG (HAM:I8CK) has a ROCE % of 28.78% as of Dec. 2024.
Is Independent Capital AG's ROCE % too high?
Independent Capital AG's current ROCE % is 28.78%. The Asset Management industry median ROCE % is 4.39. Independent Capital AG's value of 28.78% is 555.6% above this industry median. Overall, Independent Capital AG has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Independent Capital AG's ROCE % compare to BLK and BX?
Independent Capital AG's ROCE % of 28.78% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.39. Independent Capital AG's value of 28.78% is 555.6% 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 ROCE % for an Asset Management company?
The median ROCE % among Asset Management companies is 4.39, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Independent Capital AG's current ROCE % of 28.78% is 555.6% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median ROCE % is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independent Capital AG's current ROCE % is 28.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Capital AG stock overvalued right now?
Independent Capital AG (HAM:I8CK) has a current ROCE % of 28.78%. The stock's GF Value™ is €5.07, compared to a current price of €0.82 — trading 83.8% below its estimated fair value. The current ROCE % is 28.78% and 555.6% above the Asset Management industry median of 4.39. Independent Capital AG's overall GF Score™ is 44/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Independent Capital AG (HAM:I8CK), the current ROCE % is 28.78% as of Dec. 2024. 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 Independent Capital AG (HAM:I8CK) Overvalued in 2026?

Based on GuruFocus' analysis, Independent Capital AG stock appears to be undervalued. The current stock price of €0.82 is trading 83.8% below its estimated GF Value™ of €5.07.

Key valuation signals for HAM:I8CK:

  • ROCE %: 28.78%
  • GF Value™: €5.07 vs. price of €0.82 (83.8% below fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 555.6% above the Asset Management median

No single metric tells the full story. See the HAM:I8CK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Independent Capital AG Business Description

Address Karlstrasse 52, Althengstett, Calw, BW, DEU, 75382
Independent Capital AG is a financing solutions provider. The company follows the crowd-solution principle and supports financing projects across the world by providing comprehensive advice on country-specific funding opportunities.
44GF Score

Get the complete analysis for HAM:I8CK

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

€0.82
Price
€5.07
GF Value