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ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Mildef Group AB's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2026 was 10.10%.
As of today (2026-07-16), Mildef Group AB's WACC % is 1.03%. Mildef Group AB's ROIC % is 10.30% (calculated using TTM income statement data).
Mildef Group AB 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.
Mildef Group AB (OSTO:MILDEF) 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, Mildef Group AB's WACC % is 1.03%. Mildef Group AB's ROIC % is 10.30% (calculated using TTM income statement data).
Mildef Group AB 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.
Mildef Group AB ROIC % Related Terms
Mildef Group AB ROIC % Historical Data
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The historical data trend for Mildef Group AB'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 Aerospace & Defense subindustry, Mildef Group AB'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.
Mildef Group AB ROIC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Mildef Group AB's ROIC % distribution charts can be found below:
* The bar in red indicates where Mildef Group AB's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Jun. 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.
Mildef Group AB (OSTO:MILDEF) has a ROIC % of 10.10% as of Jun. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Mildef Group AB and its competitors.
Is Mildef Group AB's ROIC % too high?
Mildef Group AB's current ROIC % is 10.10%. The Aerospace & Defense industry median ROIC % is 4.24. Mildef Group AB's value of 10.10% is 138.2% above this industry median. Overall, Mildef Group AB has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mildef Group AB's ROIC % compare to SPCX and GE?
Mildef Group AB's ROIC % of 10.10% can be compared against companies in the Aerospace & Defense industry. The industry median ROIC % is 4.24. Mildef Group AB's value of 10.10% is 138.2% 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 Aerospace & Defense company?
The median ROIC % among Aerospace & Defense companies is 4.24, based on 354 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. Mildef Group AB's current ROIC % of 10.10% is 138.2% 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 Mildef Group AB and its competitors. For the Aerospace & Defense industry, the median ROIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mildef Group AB's current ROIC % is 10.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mildef Group AB stock overvalued right now?
Based on GuruFocus' analysis, Mildef Group AB (OSTO:MILDEF) is currently considered Fairly Valued. The stock's GF Value™ is kr181.77, compared to a current price of kr185.20 — trading 1.9% above its estimated fair value. The current ROIC % is 10.10% and 138.2% above the Aerospace & Defense industry median of 4.24. Mildef Group AB's overall GF Score™ is 86/100 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 Mildef Group AB (OSTO:MILDEF), the current ROIC % is 10.10% as of Jun. 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 Mildef Group AB (OSTO:MILDEF) Overvalued in 2026?
Based on GuruFocus' analysis, Mildef Group AB stock appears to be overvalued.
The current stock price of kr185.20 is trading 1.9% above its estimated GF Value™ of kr181.77.
GuruFocus considers Mildef Group AB to be Fairly Valued.
Key valuation signals for OSTO:MILDEF:
ROIC %: 10.10%
GF Value™: kr181.77 vs. price of kr185.20 (1.9% above fair value)
Industry Position: 138.2% above the Aerospace & Defense median
No single metric tells the full story. See the OSTO:MILDEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mildef Group AB is a multinational systems integrator and full-spectrum provider specializing in rugged IT for military, government, and critical infrastructure sectors. It provides hardware, software, and services that shield and protect critical information streams and systems. Some of the products and services offered by the company include hardware products like intelligent displays, rugged laptops, routers, handhelds, robot controllers, etc; the OneCIS software solution, which provides a secure, flexible, scalable, and deployable tactical IT capability; and custom product development and integration services. Geographically, the company generates maximum revenue from Germany, and the rest from Sweden, Norway, the USA, Europe (excluding Nordics and Germany), and other countries.
86GF Score
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