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ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Przedsiebiorstwo Komunalne AQUA's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 1.75%.
As of today (2026-08-07), Przedsiebiorstwo Komunalne AQUA's WACC % is 4.09%. Przedsiebiorstwo Komunalne AQUA's ROIC % is 2.05% (calculated using TTM income statement data).
Przedsiebiorstwo Komunalne AQUA earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Przedsiebiorstwo Komunalne AQUA (FRA:9S0) 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, Przedsiebiorstwo Komunalne AQUA's WACC % is 4.09%. Przedsiebiorstwo Komunalne AQUA's ROIC % is 2.05% (calculated using TTM income statement data).
Przedsiebiorstwo Komunalne AQUA 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.
Przedsiebiorstwo Komunalne AQUA ROIC % Related Terms
Przedsiebiorstwo Komunalne AQUA ROIC % Historical 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.
For the Utilities - Regulated Water subindustry, Przedsiebiorstwo Komunalne AQUA'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.
Przedsiebiorstwo Komunalne AQUA ROIC % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Przedsiebiorstwo Komunalne AQUA's ROIC % distribution charts can be found below:
* The bar in red indicates where Przedsiebiorstwo Komunalne AQUA'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.
Przedsiebiorstwo Komunalne AQUA (FRA:9S0) has a ROIC % of 1.75% 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 Przedsiebiorstwo Komunalne AQUA and its competitors.
Is Przedsiebiorstwo Komunalne AQUA's ROIC % too high?
Przedsiebiorstwo Komunalne AQUA's current ROIC % is 1.75%. The Utilities - Regulated industry median ROIC % is 4.15. Przedsiebiorstwo Komunalne AQUA's value of 1.75% is 57.8% below this industry median. Overall, Przedsiebiorstwo Komunalne AQUA has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Przedsiebiorstwo Komunalne AQUA's ROIC % compare to AWK and WTRG?
Przedsiebiorstwo Komunalne AQUA's ROIC % of 1.75% can be compared against companies in the Utilities - Regulated industry. The industry median ROIC % is 4.15. Przedsiebiorstwo Komunalne AQUA's value of 1.75% is 57.8% 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 Utilities - Regulated company?
The median ROIC % among Utilities - Regulated companies is 4.15, based on 503 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. Przedsiebiorstwo Komunalne AQUA's current ROIC % of 1.75% is 57.8% 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 Przedsiebiorstwo Komunalne AQUA and its competitors. For the Utilities - Regulated industry, the median ROIC % is 4.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Przedsiebiorstwo Komunalne AQUA's current ROIC % is 1.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Przedsiebiorstwo Komunalne AQUA stock overvalued right now?
Przedsiebiorstwo Komunalne AQUA (FRA:9S0) has a current ROIC % of 1.75%. The stock's GF Value™ is €2.94, compared to a current price of €2.60 — trading 11.6% below its estimated fair value. The current ROIC % is 1.75% and 57.8% below the Utilities - Regulated industry median of 4.15. Przedsiebiorstwo Komunalne AQUA's overall GF Score™ is 75/100 with 4 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 Przedsiebiorstwo Komunalne AQUA (FRA:9S0), the current ROIC % is 1.75% 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 Przedsiebiorstwo Komunalne AQUA (FRA:9S0) Overvalued in 2026?
Based on GuruFocus' analysis, Przedsiebiorstwo Komunalne AQUA stock appears to be undervalued.
The current stock price of €2.60 is trading 11.6% below its estimated GF Value™ of €2.94.
Key valuation signals for FRA:9S0:
ROIC %: 1.75%
GF Value™: €2.94 vs. price of €2.60 (11.6% below fair value)
Industry Position: 57.8% below the Utilities - Regulated median
No single metric tells the full story. See the FRA:9S0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Przedsiebiorstwo Komunalne AQUA SA conducts water and sewage operations in Bielsko-Biala and neighboring communes. Its business activities include the recognition, treatment and distribution of water and the collection, treatment and discharge of sewage. services offered by the company include the supply of drinking water; sewerage; swimming pool; collection and testing of surface, underground, treated and sewage and sewage sludge samples; geodetic services; waste disposal services and liquid waste; disposal of emulsions and other wastes; and specialized services in the field of water supply and sewage network diagnostics. The services offered by Aqua are used by households, housing cooperatives, public institutions as well as industrial and service plants.
75GF Score
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