ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Azelis Group NV's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 2.77%.
As of today (2026-06-24), Azelis Group NV's WACC % is 8.33%. Azelis Group NV's ROIC % is 4.39% (calculated using TTM income statement data).
Azelis Group NV earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Azelis Group NV (HAM:2R7) 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, Azelis Group NV's WACC % is 8.33%. Azelis Group NV's ROIC % is 4.39% (calculated using TTM income statement data).
Azelis Group NV 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.
Azelis Group NV ROIC % Related Terms
Azelis Group NV ROIC % Historical Data
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The historical data trend for Azelis Group NV'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 Specialty Chemicals subindustry, Azelis Group NV'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.
Azelis Group NV ROIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Azelis Group NV's ROIC % distribution charts can be found below:
* The bar in red indicates where Azelis Group NV's ROIC % falls into.
Note:
The Operating Income data used here is two times the semi-annual (Dec. 2025) 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.
Azelis Group NV (HAM:2R7) has a ROIC % of 2.77% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Azelis Group NV and its competitors.
Is Azelis Group NV's ROIC % too high?
Azelis Group NV's current ROIC % is 2.77%. The Chemicals industry median ROIC % is 4.46. Azelis Group NV's value of 2.77% is 37.9% below this industry median. Overall, Azelis Group NV has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Azelis Group NV's ROIC % compare to LIN and SHW?
Azelis Group NV's ROIC % of 2.77% can be compared against companies in the Chemicals industry. The industry median ROIC % is 4.46. Azelis Group NV's value of 2.77% is 37.9% 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 a Chemicals company?
The median ROIC % among Chemicals companies is 4.46, based on 1,585 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. Azelis Group NV's current ROIC % of 2.77% is 37.9% 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 Azelis Group NV and its competitors. For the Chemicals industry, the median ROIC % is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azelis Group NV's current ROIC % is 2.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azelis Group NV stock overvalued right now?
Based on GuruFocus' analysis, Azelis Group NV (HAM:2R7) is currently considered Significantly Undervalued. The stock's GF Value™ is €18.35, compared to a current price of €9.69 — trading 47.2% below its estimated fair value. The current ROIC % is 2.77% and 37.9% below the Chemicals industry median of 4.46. Azelis Group NV's overall GF Score™ is 52/100 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 Azelis Group NV (HAM:2R7), the current ROIC % is 2.77% 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 Azelis Group NV (HAM:2R7) Overvalued in 2026?
Based on GuruFocus' analysis, Azelis Group NV stock appears to be undervalued.
The current stock price of €9.69 is trading 47.2% below its estimated GF Value™ of €18.35.
GuruFocus considers Azelis Group NV to be Significantly Undervalued.
Key valuation signals for HAM:2R7:
ROIC %: 2.77%
GF Value™: €18.35 vs. price of €9.69 (47.2% below fair value)
Industry Position: 37.9% below the Chemicals median
No single metric tells the full story. See the HAM:2R7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Azelis Group NV is an innovation service provider and distributor of speciality chemicals and food ingredients. The Group provides innovation services, multi-product formulations, technical and regulatory expertise, co-creation support, digital solutions, and supply chain services. It serves Food & Nutrition, Animal Nutrition, Personal Care, Home Care & Industrial Cleaning, Pharmaceuticals & Healthcare, Agriculture & Environmental Solutions, Flavours & Fragrances, and Nutraceuticals. The Group operates through four segments: EMEA, Americas, Asia Pacific, and Group holding & other, covering operating companies across Europe, the Middle East and Africa, the United States, Canada, Mexico and South America, Asia, and the Pacific region.
52GF Score
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