ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Mincon Group's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 5.95%.
As of today (2026-06-30), Mincon Group's WACC % is 6.12%. Mincon Group's ROIC % is 4.38% (calculated using TTM income statement data).
Mincon Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Mincon Group (LSE:MCON) 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, Mincon Group's WACC % is 6.12%. Mincon Group's ROIC % is 4.38% (calculated using TTM income statement data).
Mincon Group 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.
Mincon Group ROIC % Related Terms
Mincon Group ROIC % Historical Data
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The historical data trend for Mincon Group'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 Tools & Accessories subindustry, Mincon Group'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.
Mincon Group ROIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mincon Group's ROIC % distribution charts can be found below:
* The bar in red indicates where Mincon Group'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.
Mincon Group (LSE:MCON) has a ROIC % of 5.95% 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 Mincon Group and its competitors.
Is Mincon Group's ROIC % too high?
Mincon Group's current ROIC % is 5.95%. The Industrial Products industry median ROIC % is 5.21. Mincon Group's value of 5.95% is 14.2% above this industry median. Overall, Mincon Group has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mincon Group's ROIC % compare to SNA and RBC?
Mincon Group's ROIC % of 5.95% can be compared against companies in the Industrial Products industry. The industry median ROIC % is 5.21. Mincon Group's value of 5.95% is 14.2% 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 an Industrial Products company?
The median ROIC % among Industrial Products companies is 5.21, based on 3,033 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. Mincon Group's current ROIC % of 5.95% is 14.2% 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 Mincon Group and its competitors. For the Industrial Products industry, the median ROIC % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mincon Group's current ROIC % is 5.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mincon Group stock overvalued right now?
Based on GuruFocus' analysis, Mincon Group (LSE:MCON) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.42, compared to a current price of £0.56 — trading 33.3% above its estimated fair value. The current ROIC % is 5.95% and 14.2% above the Industrial Products industry median of 5.21. Mincon Group's overall GF Score™ is 54/100 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 Mincon Group (LSE:MCON), the current ROIC % is 5.95% 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 Mincon Group (LSE:MCON) Overvalued in 2026?
Based on GuruFocus' analysis, Mincon Group stock appears to be overvalued.
The current stock price of £0.56 is trading 33.3% above its estimated GF Value™ of £0.42.
GuruFocus considers Mincon Group to be Significantly Overvalued.
Key valuation signals for LSE:MCON:
ROIC %: 5.95%
GF Value™: £0.42 vs. price of £0.56 (33.3% above fair value)
Industry Position: 14.2% above the Industrial Products median
No single metric tells the full story. See the LSE:MCON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mincon Group PLC designs, produces, and sells rock drilling tools. Its products are used in the mining exploration, oil and gas production, water well drilling, geothermal drilling, and seismic drilling sectors. Mincon's product offerings include conventional down-the-hole hammers, inverted circulation down-the-hole hammers, horizontal directional drilling systems, mast integration systems, drill pipes, and shock absorbers, among others. It also provides training, after-sales support, and related services to customers through its network of sales and distribution companies. Maximum revenue is derived from the sale of drilling equipment. Geographically, the company generates maximum revenue from Europe, Middle East, Africa (EMEA), followed by the Americas, Australasia, and Ireland.
54GF Score
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