ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Centrotherm international AG's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 6.27%.
As of today (2026-06-29), Centrotherm international AG's WACC % is 6.12%. Centrotherm international AG's ROIC % is 6.15% (calculated using TTM income statement data).
Centrotherm international AG generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
Centrotherm international AG (HAM:CTNK) 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, Centrotherm international AG's WACC % is 6.12%. Centrotherm international AG's ROIC % is 6.15% (calculated using TTM income statement data).
Centrotherm international AG generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
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.
Centrotherm international AG ROIC % Related Terms
Centrotherm international AG 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 Semiconductors subindustry, Centrotherm international AG'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.
Centrotherm international AG ROIC % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Centrotherm international AG's ROIC % distribution charts can be found below:
* The bar in red indicates where Centrotherm international AG'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.
Centrotherm international AG (HAM:CTNK) has a ROIC % of 6.27% 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 Centrotherm international AG and its competitors.
Is Centrotherm international AG's ROIC % too high?
Centrotherm international AG's current ROIC % is 6.27%. The Semiconductors industry median ROIC % is 3.74. Centrotherm international AG's value of 6.27% is 67.6% above this industry median. Overall, Centrotherm international AG has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Centrotherm international AG's ROIC % compare to NVDA and AVGO?
Centrotherm international AG's ROIC % of 6.27% can be compared against companies in the Semiconductors industry. The industry median ROIC % is 3.74. Centrotherm international AG's value of 6.27% is 67.6% 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 ROIC % for a Semiconductors company?
The median ROIC % among Semiconductors companies is 3.74, based on 1,010 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. Centrotherm international AG's current ROIC % of 6.27% is 67.6% 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 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 Centrotherm international AG and its competitors. For the Semiconductors industry, the median ROIC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centrotherm international AG's current ROIC % is 6.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centrotherm international AG stock overvalued right now?
Based on GuruFocus' analysis, Centrotherm international AG (HAM:CTNK) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.90, compared to a current price of €9.50 — trading 61% above its estimated fair value. The current ROIC % is 6.27% and 67.6% above the Semiconductors industry median of 3.74. Centrotherm international AG's overall GF Score™ is 66/100 with 2 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 Centrotherm international AG (HAM:CTNK), the current ROIC % is 6.27% 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 Centrotherm international AG (HAM:CTNK) Overvalued in 2026?
Based on GuruFocus' analysis, Centrotherm international AG stock appears to be overvalued.
The current stock price of €9.50 is trading 61% above its estimated GF Value™ of €5.90.
GuruFocus considers Centrotherm international AG to be Significantly Overvalued.
Key valuation signals for HAM:CTNK:
ROIC %: 6.27%
GF Value™: €5.90 vs. price of €9.50 (61% above fair value)
Industry Position: 67.6% above the Semiconductors median
No single metric tells the full story. See the HAM:CTNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Centrotherm international AG provides manufacturing solutions for the photovoltaic, semiconductor and microelectronics industry. The company operates in three segments: Silicon and Wafer, Solar Cell and Module (including Semiconductors and Microelectronics) and Thin Film Module. Silicon and Wafer segment offers planning, technology and engineering services for the design and process optimization of polysilicon, ingot and wafer manufacturing. Solar Cell and Module segment is engaged in the development and sales of production lines for the manufacture of crystalline solar cells, including engineering and technological process services. The Thin Film Module, the company provides development and sales of production lines for CIGS (Copper Indium Gallium Diselenide) thin film modules.
66GF Score
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