Industrial Capital Holding AD (XBUL:HIKA) ROCE %: 15.08% (As of Mar. 2026)

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XBUL:HIKA Industrial Capital Holding AD XBUL:HIKA
67 GF Score
Price €1.17
GF Value €2.51
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Industrial Capital Holding AD ROCE %?

Industrial Capital Holding AD XBUL:HIKA 67 ROCE % is 15.08% as of Mar. 2026. GuruFocus rates XBUL:HIKA with a GF Score™ of 67/100 and a GF Value™ of €2.51 (Significantly Undervalued). The stock has 3 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. Industrial Capital Holding AD's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.08%.

Industrial Capital Holding AD  (XBUL:HIKA) 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.

Industrial Capital Holding AD ROCE % Related Terms

Industrial Capital Holding AD ROCE % Historical Data

* Premium members only.

The historical data trend for Industrial Capital Holding AD'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.

Industrial Capital Holding AD ROCE % Chart

Industrial Capital Holding AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.44 16.36 25.09 8.80 8.38

Industrial Capital Holding AD Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.74 9.82 6.58 7.67 15.08
XBUL:HIKA
67GF Score
Industrial Capital Holding AD XBUL:HIKA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrial Capital Holding AD ROCE % Calculation

Industrial Capital Holding AD'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 )
=10.111/( ( (0 - 0) + (138.654 - 18.034) )/ 1 )
=10.111/( (0+120.62)/ 1 )
=10.111/120.62
=8.38 %

Industrial Capital Holding AD's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=18.576/( ( (138.654 - 18.034) + (146.43 - 20.731) )/ 2 )
=18.576/( ( 120.62 + 125.699 )/ 2 )
=18.576/123.1595
=15.08 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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 15.08% mean?
Industrial Capital Holding AD (XBUL:HIKA) has a ROCE % of 15.08% as of Mar. 2026.
Is Industrial Capital Holding AD's ROCE % too high?
Industrial Capital Holding AD's current ROCE % is 15.08%. The Capital Markets industry median ROCE % is 6.18. Industrial Capital Holding AD's value of 15.08% is 144.2% above this industry median. Overall, Industrial Capital Holding AD has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Industrial Capital Holding AD's ROCE % compare to MS and GS?
Industrial Capital Holding AD's ROCE % of 15.08% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 6.18. Industrial Capital Holding AD's value of 15.08% is 144.2% 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 ROCE % for a Capital Markets company?
The median ROCE % among Capital Markets companies is 6.18, based on 690 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. Industrial Capital Holding AD's current ROCE % of 15.08% is 144.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Capital Markets industry, the median ROCE % is 6.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrial Capital Holding AD's current ROCE % is 15.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial Capital Holding AD stock overvalued right now?
Based on GuruFocus' analysis, Industrial Capital Holding AD (XBUL:HIKA) is currently considered Significantly Undervalued. The stock's GF Value™ is €2.51, compared to a current price of €1.17 — trading 53.4% below its estimated fair value. The current ROCE % is 15.08% and 144.2% above the Capital Markets industry median of 6.18. Industrial Capital Holding AD's overall GF Score™ is 67/100 with 3 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 Industrial Capital Holding AD (XBUL:HIKA), the current ROCE % is 15.08% 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.

Is Industrial Capital Holding AD (XBUL:HIKA) Overvalued in 2026?

Based on GuruFocus' analysis, Industrial Capital Holding AD stock appears to be undervalued. The current stock price of €1.17 is trading 53.4% below its estimated GF Value™ of €2.51. GuruFocus considers Industrial Capital Holding AD to be Significantly Undervalued.

Key valuation signals for XBUL:HIKA:

  • ROCE %: 15.08%
  • GF Value™: €2.51 vs. price of €1.17 (53.4% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 144.2% above the Capital Markets median

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

Industrial Capital Holding AD Business Description

Address 8, Bacho Kiro Street, Sofia, BGR, 1000
Industrial Capital Holding AD is a Bulgaria-based holding company engaged in the evaluation, acquisition, management, and sale of shares in Bulgarian and foreign companies.
67GF Score

Get the complete analysis for XBUL:HIKA

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

€1.17
Price
€2.51
GF Value