Grino Ecologic (XMAD:GRI) ROCE %: 12.65% (As of Dec. 2024)


XMAD:GRI Grino Ecologic XMAD:GRI
69 GF Score
Price €1.34
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What is Grino Ecologic ROCE %?

Grino Ecologic XMAD:GRI 69 ROCE % is 12.65% as of Dec. 2024. GuruFocus rates XMAD:GRI with a GF Score™ of 69/100.

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. Grino Ecologic's annualized ROCE % for the quarter that ended in Dec. 2024 was 12.65%.

Grino Ecologic  (XMAD:GRI) 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.

Grino Ecologic ROCE % Related Terms

Grino Ecologic ROCE % Historical Data

* Premium members only.

The historical data trend for Grino Ecologic'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.

Grino Ecologic ROCE % Chart

Grino Ecologic Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.47 9.55 13.46 12.98 11.82

Grino Ecologic Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 17.83 12.34 13.75 11.18 12.65
XMAD:GRI
69GF Score
Grino Ecologic XMAD:GRI
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Grino Ecologic ROCE % Calculation

Grino Ecologic'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 )
=5.753/( ( (75.122 - 28.41) + (69.682 - 19.069) )/ 2 )
=5.753/( (46.712+50.613)/ 2 )
=5.753/48.6625
=11.82 %

Grino Ecologic'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: Jun. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=6.222/( ( (78.436 - 30.651) + (69.682 - 19.069) )/ 2 )
=6.222/( ( 47.785 + 50.613 )/ 2 )
=6.222/49.199
=12.65 %

(1) Note: The EBIT data used here is two times the semi-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 12.65% mean?
Grino Ecologic (XMAD:GRI) has a ROCE % of 12.65% as of Dec. 2024.
Is Grino Ecologic's ROCE % too high?
Grino Ecologic's current ROCE % is 12.65%. The Waste Management industry median ROCE % is 5.89. Grino Ecologic's value of 12.65% is 115% above this industry median. Overall, Grino Ecologic has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Grino Ecologic's ROCE % compare to WM and RSG?
Grino Ecologic's ROCE % of 12.65% can be compared against companies in the Waste Management industry. The industry median ROCE % is 5.89. Grino Ecologic's value of 12.65% is 115% 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 Waste Management company?
The median ROCE % among Waste Management companies is 5.89, based on 238 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. Grino Ecologic's current ROCE % of 12.65% is 115% 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 Waste Management industry, the median ROCE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grino Ecologic's current ROCE % is 12.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grino Ecologic stock overvalued right now?
Grino Ecologic (XMAD:GRI) has a current ROCE % of 12.65%. The current ROCE % is 12.65% and 115% above the Waste Management industry median of 5.89. Grino Ecologic's overall GF Score™ is 69/100. 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 Grino Ecologic (XMAD:GRI), the current ROCE % is 12.65% 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.

Grino Ecologic Business Description

Address Placa Sant Joan 10, 6th Floor, Lleida, ESP, 25007
Grino Ecologic is a group of industrial companies which focuses on environmental services and green energy generation. The company operates in environmental services, waste treatment, energy, and construction.
69GF Score

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

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