ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Aeroporto Guglielmo Marconi di Bologna SpA's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 4.25%.
As of today (2026-07-03), Aeroporto Guglielmo Marconi di Bologna SpA's WACC % is 6.29%. Aeroporto Guglielmo Marconi di Bologna SpA's ROIC % is 7.38% (calculated using TTM income statement data).
Aeroporto Guglielmo Marconi di Bologna SpA 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.
Aeroporto Guglielmo Marconi di Bologna SpA (LTS:0R9D) 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, Aeroporto Guglielmo Marconi di Bologna SpA's WACC % is 6.29%. Aeroporto Guglielmo Marconi di Bologna SpA's ROIC % is 7.38% (calculated using TTM income statement data).
Aeroporto Guglielmo Marconi di Bologna SpA 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.
Aeroporto Guglielmo Marconi di Bologna SpA ROIC % Related Terms
Aeroporto Guglielmo Marconi di Bologna SpA 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.
Aeroporto Guglielmo Marconi di Bologna SpA ROIC % Chart
Aeroporto Guglielmo Marconi di Bologna SpA Annual Data
For the Airports & Air Services subindustry, Aeroporto Guglielmo Marconi di Bologna SpA'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.
Aeroporto Guglielmo Marconi di Bologna SpA ROIC % vs Transportation Industry
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.
Aeroporto Guglielmo Marconi di Bologna SpA (LTS:0R9D) has a ROIC % of 4.25% 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 Aeroporto Guglielmo Marconi di Bologna SpA and its competitors.
Is Aeroporto Guglielmo Marconi di Bologna SpA's ROIC % too high?
Aeroporto Guglielmo Marconi di Bologna SpA's current ROIC % is 4.25%. The Transportation industry median ROIC % is 4.69. Aeroporto Guglielmo Marconi di Bologna SpA's value of 4.25% is 9.4% below this industry median. Overall, Aeroporto Guglielmo Marconi di Bologna SpA has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aeroporto Guglielmo Marconi di Bologna SpA's ROIC % compare to JOBY and CAAP?
Aeroporto Guglielmo Marconi di Bologna SpA's ROIC % of 4.25% can be compared against companies in the Transportation industry. The industry median ROIC % is 4.69. Aeroporto Guglielmo Marconi di Bologna SpA's value of 4.25% is 9.4% 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 Transportation company?
The median ROIC % among Transportation companies is 4.69, based on 985 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. Aeroporto Guglielmo Marconi di Bologna SpA's current ROIC % of 4.25% is 9.4% 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 Aeroporto Guglielmo Marconi di Bologna SpA and its competitors. For the Transportation industry, the median ROIC % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeroporto Guglielmo Marconi di Bologna SpA's current ROIC % is 4.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeroporto Guglielmo Marconi di Bologna SpA stock overvalued right now?
Based on GuruFocus' analysis, Aeroporto Guglielmo Marconi di Bologna SpA (LTS:0R9D) is currently considered Modestly Undervalued. The stock's GF Value™ is €10.91, compared to a current price of €9.30 — trading 14.8% below its estimated fair value. The current ROIC % is 4.25% and 9.4% below the Transportation industry median of 4.69. Aeroporto Guglielmo Marconi di Bologna SpA's overall GF Score™ is 77/100 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 Aeroporto Guglielmo Marconi di Bologna SpA (LTS:0R9D), the current ROIC % is 4.25% 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 Aeroporto Guglielmo Marconi di Bologna SpA (LTS:0R9D) Overvalued in 2026?
Based on GuruFocus' analysis, Aeroporto Guglielmo Marconi di Bologna SpA stock appears to be undervalued.
The current stock price of €9.30 is trading 14.8% below its estimated GF Value™ of €10.91.
GuruFocus considers Aeroporto Guglielmo Marconi di Bologna SpA to be Modestly Undervalued.
Key valuation signals for LTS:0R9D:
ROIC %: 4.25%
GF Value™: €10.91 vs. price of €9.30 (14.8% below fair value)
Industry Position: 9.4% below the Transportation median
No single metric tells the full story. See the LTS:0R9D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aeroporto Guglielmo Marconi di Bologna SpA Business Description
Aeroporto Guglielmo Marconi di Bologna SpA is engaged in the airport operations. It operates with three business units Aviation, Non-Aviation, and Other. Aviation unit is responsible for providing security services, information to the public and airport users, development of the airport infrastructure and service to passengers whereas Non-Aviation unit is concern about parking management, retail sub-concessions, advertising, passenger services and real estate management areas. The group generates revenue through Carriers, Airport Operators, Passenger Revenue, Traffic Incentives and Construction Services.
77GF Score
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