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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 %. Max Stock's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 24.36%.
As of today (2026-08-01), Max Stock's WACC % is 9.30%. Max Stock's ROIC % is 21.70% (calculated using TTM income statement data).
Max Stock 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.
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, Max Stock's WACC % is 9.30%. Max Stock's ROIC % is 21.70% (calculated using TTM income statement data).
Max Stock 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.
Max Stock ROIC % Related Terms
Max Stock ROIC % Historical Data
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The historical data trend for Max Stock'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 Discount Stores subindustry, Max Stock'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.
Max Stock ROIC % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Max Stock's ROIC % distribution charts can be found below:
* The bar in red indicates where Max Stock's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Mar. 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.
Max Stock (XTAE:MAXO) has a ROIC % of 24.36% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Max Stock and its competitors.
Is Max Stock's ROIC % too high?
Max Stock's current ROIC % is 24.36%. The Retail - Defensive industry median ROIC % is 5.79. Max Stock's value of 24.36% is 321.1% above this industry median. Overall, Max Stock has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Max Stock's ROIC % compare to WMT and COST?
Max Stock's ROIC % of 24.36% can be compared against companies in the Retail - Defensive industry. The industry median ROIC % is 5.79. Max Stock's value of 24.36% is 321.1% 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 a Retail - Defensive company?
The median ROIC % among Retail - Defensive companies is 5.79, based on 308 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. Max Stock's current ROIC % of 24.36% is 321.1% 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 Max Stock and its competitors. For the Retail - Defensive industry, the median ROIC % is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max Stock's current ROIC % is 24.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Stock stock overvalued right now?
Based on GuruFocus' analysis, Max Stock (XTAE:MAXO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪13.34, compared to a current price of ₪34.96 — trading 162.1% above its estimated fair value. The current ROIC % is 24.36% and 321.1% above the Retail - Defensive industry median of 5.79. Max Stock's overall GF Score™ is 75/100 with 2 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 Max Stock (XTAE:MAXO), the current ROIC % is 24.36% as of Mar. 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 Max Stock (XTAE:MAXO) Overvalued in 2026?
Based on GuruFocus' analysis, Max Stock stock appears to be overvalued.
The current stock price of ₪34.96 is trading 162.1% above its estimated GF Value™ of ₪13.34.
GuruFocus considers Max Stock to be Significantly Overvalued.
Key valuation signals for XTAE:MAXO:
ROIC %: 24.36%
GF Value™: ₪13.34 vs. price of ₪34.96 (162.1% above fair value)
Industry Position: 321.1% above the Retail - Defensive median
No single metric tells the full story. See the XTAE:MAXO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Max Stock Ltd operates a chain of departmental stores. The stores offer school supplies, tools and hardware, clothing items, toys, plasticware, gifts and accessories, baking utensils, furniture, home decor items, and other products.
75GF Score
Get the complete analysis for XTAE:MAXO
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