ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Codere Online Luxembourg's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 18.04%.
As of today (2026-06-25), Codere Online Luxembourg's WACC % is 9.05%. Codere Online Luxembourg's ROIC % is 9.48% (calculated using TTM income statement data).
Codere Online Luxembourg 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.
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, Codere Online Luxembourg's WACC % is 9.05%. Codere Online Luxembourg's ROIC % is 9.48% (calculated using TTM income statement data).
Codere Online Luxembourg 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.
* 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 Gambling subindustry, Codere Online Luxembourg'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.
Codere Online Luxembourg ROIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Codere Online Luxembourg's ROIC % distribution charts can be found below:
* The bar in red indicates where Codere Online Luxembourg'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.
Codere Online Luxembourg (MEX:CDRON) has a ROIC % of 18.04% 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 Codere Online Luxembourg and its competitors.
Is Codere Online Luxembourg's ROIC % too high?
Codere Online Luxembourg's current ROIC % is 18.04%. The Travel & Leisure industry median ROIC % is 3.74. Codere Online Luxembourg's value of 18.04% is 382.4% above this industry median. Overall, Codere Online Luxembourg has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Codere Online Luxembourg's ROIC % compare to INSE and GAMB?
Codere Online Luxembourg's ROIC % of 18.04% can be compared against companies in the Travel & Leisure industry. The industry median ROIC % is 3.74. Codere Online Luxembourg's value of 18.04% is 382.4% 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 Travel & Leisure company?
The median ROIC % among Travel & Leisure companies is 3.74, based on 833 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. Codere Online Luxembourg's current ROIC % of 18.04% is 382.4% 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 Codere Online Luxembourg and its competitors. For the Travel & Leisure industry, the median ROIC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Codere Online Luxembourg's current ROIC % is 18.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Codere Online Luxembourg stock overvalued right now?
Codere Online Luxembourg (MEX:CDRON) has a current ROIC % of 18.04%. The stock's GF Value™ is MXN144.85, compared to a current price of MXN155.00 — trading 7% above its estimated fair value. The current ROIC % is 18.04% and 382.4% above the Travel & Leisure industry median of 3.74. Codere Online Luxembourg's overall GF Score™ is 74/100 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 Codere Online Luxembourg (MEX:CDRON), the current ROIC % is 18.04% 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 Codere Online Luxembourg (MEX:CDRON) Overvalued in 2026?
Based on GuruFocus' analysis, Codere Online Luxembourg stock appears to be overvalued.
The current stock price of MXN155.00 is trading 7% above its estimated GF Value™ of MXN144.85.
Key valuation signals for MEX:CDRON:
ROIC %: 18.04%
GF Value™: MXN144.85 vs. price of MXN155.00 (7% above fair value)
Industry Position: 382.4% above the Travel & Leisure median
No single metric tells the full story. See the MEX:CDRON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Mexico, Colombia, and Other countries, where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. The company derives maximum revenue from Mexico.
74GF Score
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