Trayal Korporacija a.d (XBEL:TRAY) ROIC %: 0.51% (As of Dec. 2025)


What is Trayal Korporacija a.d ROIC %?

Trayal Korporacija a.d XBEL:TRAY ROIC % is 0.51% as of Dec. 2025. The stock has 6 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 %. Trayal Korporacija a.d's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 0.51%.

As of today (2026-07-09), Trayal Korporacija a.d's WACC % is 9.85%. Trayal Korporacija a.d's ROIC % is 0.68% (calculated using TTM income statement data). Trayal Korporacija a.d earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Trayal Korporacija a.d  (XBEL:TRAY) 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, Trayal Korporacija a.d's WACC % is 9.85%. Trayal Korporacija a.d's ROIC % is 0.68% (calculated using TTM income statement data). Trayal Korporacija a.d 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.


Trayal Korporacija a.d ROIC % Related Terms


Trayal Korporacija a.d ROIC % Historical Data

* Premium members only.

The historical data trend for Trayal Korporacija a.d'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.

Trayal Korporacija a.d ROIC % Chart

Trayal Korporacija a.d Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 1.13 8.41 8.38 0.68

Trayal Korporacija a.d Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.24 13.03 1.52 2.01 0.51

XBEL:TRAY vs : ROIC % Comparison

For the Auto Parts subindustry, Trayal Korporacija a.d'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.


Trayal Korporacija a.d ROIC % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Trayal Korporacija a.d's ROIC % distribution charts can be found below:

* The bar in red indicates where Trayal Korporacija a.d's ROIC % falls into.



Trayal Korporacija a.d ROIC % Calculation

Trayal Korporacija a.d'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 )
=278.798 * ( 1 - 71.97% )/( (11439.246 + 11500.112)/ 2 )
=78.1470794/11469.679
=0.68 %

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))
=12519.396 - 1058.276 - ( 21.874 - max(0, 3384.137 - 3975.156+21.874))
=11439.246

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))
=13258.848 - 1453.469 - ( 305.267 - max(0, 3856.199 - 4535.679+305.267))
=11500.112

Trayal Korporacija a.d's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=287.666 * ( 1 - 79.71% )/( (11403.79 + 11500.112)/ 2 )
=58.3674314/11451.951
=0.51 %

where

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))
=12871.614 - 1420.413 - ( 47.411 - max(0, 3710.832 - 4199.082+47.411))
=11403.79

Invested Capital(Q: 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))
=13258.848 - 1453.469 - ( 305.267 - max(0, 3856.199 - 4535.679+305.267))
=11500.112

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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 0.51% mean?
Trayal Korporacija a.d (XBEL:TRAY) has a ROIC % of 0.51% 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 Trayal Korporacija a.d and its competitors.
Is Trayal Korporacija a.d's ROIC % too high?
Trayal Korporacija a.d's current ROIC % is 0.51%. The Vehicles & Parts industry median ROIC % is 5.07. Trayal Korporacija a.d's value of 0.51% is 89.9% below this industry median.
How does Trayal Korporacija a.d's ROIC % compare to ?
Trayal Korporacija a.d's ROIC % of 0.51% can be compared against companies in the Vehicles & Parts industry. The industry median ROIC % is 5.07. Trayal Korporacija a.d's value of 0.51% is 89.9% 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 Vehicles & Parts company?
The median ROIC % among Vehicles & Parts companies is 5.07, based on 1,312 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. Trayal Korporacija a.d's current ROIC % of 0.51% is 89.9% 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 Trayal Korporacija a.d and its competitors. For the Vehicles & Parts industry, the median ROIC % is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trayal Korporacija a.d's current ROIC % is 0.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trayal Korporacija a.d stock overvalued right now?
Trayal Korporacija a.d (XBEL:TRAY) has a current ROIC % of 0.51%. The current ROIC % is 0.51% and 89.9% below the Vehicles & Parts industry median of 5.07. 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 Trayal Korporacija a.d (XBEL:TRAY), the current ROIC % is 0.51% 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.

Trayal Korporacija a.d Business Description

Comparable Companies
Address Parunovacka 18 V, Krusevac, SRB, 37000
Trayal Korporacija a.d is engaged in the manufacture of rubber tires, retreading and rebuilding of rubber tires.