ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Tecno SpA Societa Benefit's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 4.07%.
As of today (2026-07-01), Tecno SpA Societa Benefit's WACC % is 8.77%. Tecno SpA Societa Benefit's ROIC % is 4.07% (calculated using TTM income statement data).
Tecno SpA Societa Benefit earns returns that do not match up to its cost of capital. It will destroy value as it grows.
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, Tecno SpA Societa Benefit's WACC % is 8.77%. Tecno SpA Societa Benefit's ROIC % is 4.07% (calculated using TTM income statement data).
Tecno SpA Societa Benefit 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.
* 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.
Tecno SpA Societa Benefit ROIC % Chart
Tecno SpA Societa Benefit Annual Data
Trend
Dec23
Dec24
Dec25
ROIC %
0.59
2.76
4.07
Tecno SpA Societa Benefit Semi-Annual Data
Dec23
Dec24
Dec25
ROIC %
0.59
2.76
4.07
MIL:TCG vs VRSK, EFX, BAH: ROIC % Comparison
For the Consulting Services subindustry, Tecno SpA Societa Benefit'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.
Tecno SpA Societa Benefit ROIC % vs Business Services Industry
For the Business Services industry and Industrials sector, Tecno SpA Societa Benefit's ROIC % distribution charts can be found below:
* The bar in red indicates where Tecno SpA Societa Benefit's ROIC % falls into.
Note:
The Operating Income data used here is one times the 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.
Tecno SpA Societa Benefit (MIL:TCG) has a ROIC % of 4.07% 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 Tecno SpA Societa Benefit and its competitors.
Is Tecno SpA Societa Benefit's ROIC % too high?
Tecno SpA Societa Benefit's current ROIC % is 4.07%. The Business Services industry median ROIC % is 5.99. Tecno SpA Societa Benefit's value of 4.07% is 32.1% below this industry median. Overall, Tecno SpA Societa Benefit has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Tecno SpA Societa Benefit's ROIC % compare to VRSK and EFX?
Tecno SpA Societa Benefit's ROIC % of 4.07% can be compared against companies in the Business Services industry. The industry median ROIC % is 5.99. Tecno SpA Societa Benefit's value of 4.07% is 32.1% 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 Business Services company?
The median ROIC % among Business Services companies is 5.99, based on 1,075 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. Tecno SpA Societa Benefit's current ROIC % of 4.07% is 32.1% 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 Tecno SpA Societa Benefit and its competitors. For the Business Services industry, the median ROIC % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tecno SpA Societa Benefit's current ROIC % is 4.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecno SpA Societa Benefit stock overvalued right now?
Tecno SpA Societa Benefit (MIL:TCG) has a current ROIC % of 4.07%. The current ROIC % is 4.07% and 32.1% below the Business Services industry median of 5.99. Tecno SpA Societa Benefit's overall GF Score™ is 14/100 with 3 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 Tecno SpA Societa Benefit (MIL:TCG), the current ROIC % is 4.07% 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.
Tecno SpA Societa Benefit specializes in the development of technological services and solutions aimed at improving the economic, environmental, and social sustainability of businesses. The company supports small and medium-sized enterprises (SMEs) in their digital and sustainability transformation through high-value-added tools and services. The core of the model is the integration of the services offered by three business units into a Twin Business Model: Transition Accounting (energy taxation and access to decarbonization-related incentives); Digital Transformation (proprietary digital platforms to optimize business processes);Sustainable Transformation (SustainTech technologies and strategic consulting based on measurable data).
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