Malta International Airport (MAL:MIA) ROCE %: 26.92% (As of Dec. 2025)


MAL:MIA Malta International Airport PLC MAL:MIA
100 GF Score
Price €6.10
GF Value €8.01
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Malta International Airport ROCE %?

Malta International Airport MAL:MIA +0.83% 100 ROCE % is 26.92% as of Dec. 2025. GuruFocus rates MAL:MIA with a GF Score™ of 100/100 and a GF Value™ of €8.01 (Modestly Undervalued). The stock has 1 warning sign 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. Malta International Airport's annualized ROCE % for the quarter that ended in Dec. 2025 was 26.92%.

Malta International Airport  (MAL:MIA) 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.

Malta International Airport ROCE % Related Terms

Malta International Airport ROCE % Historical Data

* Premium members only.

The historical data trend for Malta International Airport'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.

Malta International Airport ROCE % Chart

Malta International Airport Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.78 20.34 26.28 27.72 27.01

Malta International Airport Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % 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 29.51 27.33 28.73 27.20 26.92
MAL:MIA
100GF Score
Malta International Airport PLC MAL:MIA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malta International Airport ROCE % Calculation

Malta International Airport's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=79.059/( ( (370.11 - 89.104) + (372.449 - 67.958) )/ 2 )
=79.059/( (281.006+304.491)/ 2 )
=79.059/292.7485
=27.01 %

Malta International Airport's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=80.246/( ( (394.702 - 103.12) + (372.449 - 67.958) )/ 2 )
=80.246/( ( 291.582 + 304.491 )/ 2 )
=80.246/298.0365
=26.92 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 26.92% mean?
Malta International Airport (MAL:MIA) has a ROCE % of 26.92% as of Dec. 2025.
Is Malta International Airport's ROCE % too high?
Malta International Airport's current ROCE % is 26.92%. The Transportation industry median ROCE % is 7.74. Malta International Airport's value of 26.92% is 247.8% above this industry median. Overall, Malta International Airport has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malta International Airport's ROCE % compare to JOBY and CAAP?
Malta International Airport's ROCE % of 26.92% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.74. Malta International Airport's value of 26.92% is 247.8% 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 a Transportation company?
The median ROCE % among Transportation companies is 7.74, based on 997 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. Malta International Airport's current ROCE % of 26.92% is 247.8% 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 Transportation industry, the median ROCE % is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malta International Airport's current ROCE % is 26.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malta International Airport stock overvalued right now?
Based on GuruFocus' analysis, Malta International Airport (MAL:MIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.01, compared to a current price of €6.10 — trading 23.8% below its estimated fair value. The current ROCE % is 26.92% and 247.8% above the Transportation industry median of 7.74. Malta International Airport's overall GF Score™ is 100/100 with 1 warning sign 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 Malta International Airport (MAL:MIA), the current ROCE % is 26.92% 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 Malta International Airport (MAL:MIA) Overvalued in 2026?

Based on GuruFocus' analysis, Malta International Airport stock appears to be undervalued. The current stock price of €6.10 is trading 23.8% below its estimated GF Value™ of €8.01. GuruFocus considers Malta International Airport to be Modestly Undervalued.

Key valuation signals for MAL:MIA:

  • ROCE %: 26.92%
  • GF Value™: €8.01 vs. price of €6.10 (23.8% below fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 247.8% above the Transportation median

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

Malta International Airport Business Description

Address Malta International Airport, Luqa, MLT, LQA 4000
Malta International Airport PLC develops, operates, and manages Malta International Airport. Its segments include the Airport Segment, which provides services such as revenue from airport-regulated fees, aviation concessions, and persons with reduced mobility and their associated costs. This segment also includes the operations and maintenance of the terminal, runways, taxiways and aircraft parks. The Retail and Property Segment includes the operations of the various retail outlets within the airport perimeter, advertising sites and rental of offices, warehouses and income from the running of the VIP lounges. Income and costs from Airport Parking Limited, Sky Parks Business Centre Limited and Sky Parks Development Limited are also allocated within the Retail and Property Segment.
100GF Score

Get the complete analysis for MAL:MIA

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

€6.10
Price
€8.01
GF Value