Piu Medical SpA (MIL:PMED) ROIC %: 0.94% (As of Jun. 2025)


MIL:PMED Piu Medical SpA MIL:PMED
13 GF Score
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What is Piu Medical SpA ROIC %?

Piu Medical SpA MIL:PMED 13 ROIC % is 0.94% as of Jun. 2025. GuruFocus rates MIL:PMED with a GF Score™ of 13/100. The stock has 4 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Piu Medical SpA's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2025 was 0.94%.

As of today (2026-07-01), Piu Medical SpA's WACC % is 7.86%. Piu Medical SpA's ROIC % is 0.24% (calculated using TTM income statement data). Piu Medical SpA earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Piu Medical SpA  (MIL:PMED) 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, Piu Medical SpA's WACC % is 7.86%. Piu Medical SpA's ROIC % is 0.24% (calculated using TTM income statement data). Piu Medical SpA 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.

Piu Medical SpA ROIC % Related Terms

Piu Medical SpA ROIC % Historical Data

* Premium members only.

The historical data trend for Piu Medical SpA'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.

Piu Medical SpA ROIC % Chart

Piu Medical SpA Annual Data
Trend Dec23 Dec24 Dec25
ROIC %
5.46 4.98 0.24

Piu Medical SpA Semi-Annual Data
Dec23 Dec24 Jun25 Dec25
ROIC % 0.00 0.00 0.94 -0.96

Piu Medical SpA ROIC % Competitor Comparison

For the Pharmaceutical Retailers subindustry, Piu Medical 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.

Piu Medical SpA ROIC % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Piu Medical SpA's ROIC % distribution charts can be found below:

* The bar in red indicates where Piu Medical SpA's ROIC % falls into.


MIL:PMED
13GF Score
Piu Medical SpA MIL:PMED
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Piu Medical SpA ROIC % Calculation

Piu Medical SpA's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=0.137 * ( 1 - 33.87% )/( (37.599 + 37.312)/ 2 )
=0.0905981/37.4555
=0.24 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=37.837 - 4.386 - ( 0.05 - max(0, 8.658 - 4.51+0.05))
=37.599

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=57.694 - 4.708 - ( 18.68 - max(0, 6.764 - 22.438+18.68))
=37.312

Piu Medical SpA's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Jun. 2025 is calculated as:

ROIC % (Q: Jun. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Jun. 2025 ))/ count )
=1.342 * ( 1 - 73.9% )/( (37.599 + 37.236)/ 2 )
=0.350262/37.4175
=0.94 %

where

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=37.837 - 4.386 - ( 0.05 - max(0, 8.658 - 4.51+0.05))
=37.599

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=37.56 - 4.435 - ( 0.05 - max(0, 8.691 - 4.58+0.05))
=37.236

Note: The Operating Income data used here is two times the semi-annual (Jun. 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 0.94% mean?
Piu Medical SpA (MIL:PMED) has a ROIC % of 0.94% as of Jun. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Piu Medical SpA and its competitors.
Is Piu Medical SpA's ROIC % too high?
Piu Medical SpA's current ROIC % is 0.94%. The Healthcare Providers & Services industry median ROIC % is 3.06. Piu Medical SpA's value of 0.94% is 69.3% below this industry median. Overall, Piu Medical SpA has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Piu Medical SpA's ROIC % compare to competitors?
Piu Medical SpA's ROIC % of 0.94% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROIC % is 3.06. Piu Medical SpA's value of 0.94% is 69.3% 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 Healthcare Providers & Services company?
The median ROIC % among Healthcare Providers & Services companies is 3.06, based on 669 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. Piu Medical SpA's current ROIC % of 0.94% is 69.3% 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 Piu Medical SpA and its competitors. For the Healthcare Providers & Services industry, the median ROIC % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piu Medical SpA's current ROIC % is 0.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piu Medical SpA stock overvalued right now?
Piu Medical SpA (MIL:PMED) has a current ROIC % of 0.94%. The current ROIC % is 0.94% and 69.3% below the Healthcare Providers & Services industry median of 3.06. Piu Medical SpA's overall GF Score™ is 13/100 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 Piu Medical SpA (MIL:PMED), the current ROIC % is 0.94% as of Jun. 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.

Piu Medical SpA Business Description

Address Viale LombardiA 62, Castronno, ITA, IT-21040
Piu Medical SpA specializes in the retail distribution of pharmaceutical and parapharmaceutical products. Its activity includes: sale of prescription drugs; sale of OTC and parapharmaceutical products: OTC medicines, dietary supplements, medical devices, paramedical products, personal care and wellness products, homeopathic medicines, cosmetics, etc.; services: diagnostic testing services, blood parameter analysis and control (glycemia, cholesterol, triglycerides, etc.), rapid testing and screening, nutritional consultation, remote medical assistance and monitoring, telemedicine, etc.
13GF Score

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