ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. OHB SE's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 3.67%.
As of today (2026-07-07), OHB SE's WACC % is 11.96%. OHB SE's ROIC % is 4.71% (calculated using TTM income statement data).
OHB SE earns returns that do not match up to its cost of capital. It will destroy value as it grows.
OHB SE (CHIX:OHBd) ROIC % Explanation
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROIC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, OHB SE's WACC % is 11.96%. OHB SE's ROIC % is 4.71% (calculated using TTM income statement data).
OHB SE earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
OHB SE ROIC % Related Terms
OHB SE ROIC % Historical Data
* Premium members only.
The historical data trend for OHB SE's ROIC % 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.
For the Aerospace & Defense subindustry, OHB SE's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
OHB SE ROIC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, OHB SE's ROIC % distribution charts can be found below:
* The bar in red indicates where OHB SE's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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.
OHB SE (CHIX:OHBD) has a ROIC % of 3.67% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on OHB SE and its competitors.
Is OHB SE's ROIC % too high?
OHB SE's current ROIC % is 3.67%. The Aerospace & Defense industry median ROIC % is 4.45. OHB SE's value of 3.67% is 17.5% below this industry median. Overall, OHB SE has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OHB SE's ROIC % compare to SPCX and GE?
OHB SE's ROIC % of 3.67% can be compared against companies in the Aerospace & Defense industry. The industry median ROIC % is 4.45. OHB SE's value of 3.67% is 17.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for an Aerospace & Defense company?
The median ROIC % among Aerospace & Defense companies is 4.45, based on 351 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OHB SE's current ROIC % of 3.67% is 17.5% below 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on OHB SE and its competitors. For the Aerospace & Defense industry, the median ROIC % is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OHB SE's current ROIC % is 3.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OHB SE stock overvalued right now?
Based on GuruFocus' analysis, OHB SE (CHIX:OHBD) is currently considered Significantly Overvalued. The stock's GF Value™ is €59.39, compared to a current price of €296.00 — trading 398.4% above its estimated fair value. The current ROIC % is 3.67% and 17.5% below the Aerospace & Defense industry median of 4.45. OHB SE's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For OHB SE (CHIX:OHBD), the current ROIC % is 3.67% 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 OHB SE (CHIX:OHBD) Overvalued in 2026?
Based on GuruFocus' analysis, OHB SE stock appears to be overvalued.
The current stock price of €296.00 is trading 398.4% above its estimated GF Value™ of €59.39.
GuruFocus considers OHB SE to be Significantly Overvalued.
Key valuation signals for CHIX:OHBD:
ROIC %: 3.67%
GF Value™: €59.39 vs. price of €296.00 (398.4% above fair value)
Industry Position: 17.5% below the Aerospace & Defense median
No single metric tells the full story. See the CHIX:OHBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OHB SE is engaged in the production and distribution of and projects as well as the provision of high-technology services particularly in the areas of space and aeronautic technology, telematics, and satellite services. Its segments are the Space Systems segment concentrates on developing and executing space projects; The Access To Space segment assembles and develops aviation and space products as well as other industrial activities; The Digital segment offers a wide range of service activities including satellite operations, IT application based on satellite data for maritime and rail logistics or autonomous mobility as well as the procurement of rocket launches and the provision of IT services. The Space Systems segment derives majority of revenue.
57GF Score
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