Innovatec SpA (MIL:INC) ROCE %: -37.97% (As of Dec. 2025)


MIL:INC Innovatec SpA MIL:INC
30 GF Score
Price €0.19
GF Value €0.04
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Innovatec SpA ROCE %?

Innovatec SpA MIL:INC -0.21% 30 ROCE % is -37.97% as of Dec. 2025. GuruFocus rates MIL:INC with a GF Score™ of 30/100 and a GF Value™ of €0.04 (Significantly Overvalued). The stock has 8 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. Innovatec SpA's annualized ROCE % for the quarter that ended in Dec. 2025 was -37.97%.

Innovatec SpA  (MIL:INC) 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.

Innovatec SpA ROCE % Related Terms

Innovatec SpA ROCE % Historical Data

* Premium members only.

The historical data trend for Innovatec SpA'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.

Innovatec SpA ROCE % Chart

Innovatec SpA 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 7.44 9.51 4.15 -1.85 -4.61

Innovatec SpA 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 5.66 4.86 -7.61 -1.76 -37.97
MIL:INC
30GF Score
Innovatec SpA MIL:INC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovatec SpA ROCE % Calculation

Innovatec SpA'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 )
=-4.569/( ( (323.592 - 139.868) + (66.838 - 52.293) )/ 2 )
=-4.569/( (183.724+14.545)/ 2 )
=-4.569/99.1345
=-4.61 %

Innovatec SpA'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 )
=-7.306/( ( (71.372 - 47.433) + (66.838 - 52.293) )/ 2 )
=-7.306/( ( 23.939 + 14.545 )/ 2 )
=-7.306/19.242
=-37.97 %

(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 -37.97% mean?
Innovatec SpA (MIL:INC) has a ROCE % of -37.97% as of Dec. 2025.
Is Innovatec SpA's ROCE % too high?
Innovatec SpA's current ROCE % is -37.97%. Overall, Innovatec SpA has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovatec SpA's ROCE % compare to NEE and SO?
Innovatec SpA's ROCE % of -37.97% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.95. 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 Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.95, based on 505 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. 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 Utilities - Regulated industry, the median ROCE % is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovatec SpA's current ROCE % is -37.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovatec SpA stock overvalued right now?
Based on GuruFocus' analysis, Innovatec SpA (MIL:INC) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.04, compared to a current price of €0.19 — trading 372% above its estimated fair value. The current ROCE % is -37.97%. Innovatec SpA's overall GF Score™ is 30/100 with 8 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 Innovatec SpA (MIL:INC), the current ROCE % is -37.97% 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 Innovatec SpA (MIL:INC) Overvalued in 2026?

Based on GuruFocus' analysis, Innovatec SpA stock appears to be overvalued. The current stock price of €0.19 is trading 372% above its estimated GF Value™ of €0.04. GuruFocus considers Innovatec SpA to be Significantly Overvalued.

Key valuation signals for MIL:INC:

  • ROCE %: -37.97%
  • GF Value™: €0.04 vs. price of €0.19 (372% above fair value)
  • GF Score™: 30/100 with 8 warning signs

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

Innovatec SpA Business Description

Other Exchanges 5JT:Germany
Address Via Giovanni Bensi 12/3, Milano, ITA, 20152
Innovatec SpA is engaged in the field of energy efficiency and renewable energies. The group is an integrated energy service provider which develops and operates technology, products and services.
30GF Score

Get the complete analysis for MIL:INC

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

€0.19
Price
€0.04
GF Value