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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 %. COX ABG Group's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 16.24%.
As of today (2026-07-16), COX ABG Group's WACC % is 10.19%. COX ABG Group's ROIC % is 13.58% (calculated using TTM income statement data).
COX ABG Group 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.
COX ABG Group (XMAD:COXG) 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, COX ABG Group's WACC % is 10.19%. COX ABG Group's ROIC % is 13.58% (calculated using TTM income statement data).
COX ABG Group 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.
COX ABG Group ROIC % Related Terms
COX ABG Group ROIC % Historical Data
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The historical data trend for COX ABG Group'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 Utilities - Renewable subindustry, COX ABG Group'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.
COX ABG Group ROIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, COX ABG Group's ROIC % distribution charts can be found below:
* The bar in red indicates where COX ABG Group'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.
COX ABG Group (XMAD:COXG) has a ROIC % of 16.24% 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 COX ABG Group and its competitors.
Is COX ABG Group's ROIC % too high?
COX ABG Group's current ROIC % is 16.24%. The Utilities - Independent Power Producers industry median ROIC % is 2.28. COX ABG Group's value of 16.24% is 612.3% above this industry median. Overall, COX ABG Group has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does COX ABG Group's ROIC % compare to competitors?
COX ABG Group's ROIC % of 16.24% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROIC % is 2.28. COX ABG Group's value of 16.24% is 612.3% 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 Utilities - Independent Power Producers company?
The median ROIC % among Utilities - Independent Power Producers companies is 2.28, based on 430 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. COX ABG Group's current ROIC % of 16.24% is 612.3% 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 COX ABG Group and its competitors. For the Utilities - Independent Power Producers industry, the median ROIC % is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. COX ABG Group's current ROIC % is 16.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COX ABG Group stock overvalued right now?
COX ABG Group (XMAD:COXG) has a current ROIC % of 16.24%. The current ROIC % is 16.24% and 612.3% above the Utilities - Independent Power Producers industry median of 2.28. COX ABG Group's overall GF Score™ is 28/100 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 COX ABG Group (XMAD:COXG), the current ROIC % is 16.24% 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.
COX ABG Group SA is a vertically and horizontally integrated utility of water and energy. In addition to the water and energy divisions, Cox also provides services including engineering and procurement (EP) and operations & maintenance (O&M) for third parties.
28GF Score
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