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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 %. Binect AG's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 1.59%.
As of today (2026-08-05), Binect AG's WACC % is 5.87%. Binect AG's ROIC % is 0.43% (calculated using TTM income statement data).
Binect AG 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, Binect AG's WACC % is 5.87%. Binect AG's ROIC % is 0.43% (calculated using TTM income statement data).
Binect AG 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.
Binect AG ROIC % Related Terms
Binect AG ROIC % Historical Data
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The historical data trend for Binect AG'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 Software - Application subindustry, Binect AG'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.
Binect AG ROIC % vs Software Industry
For the Software industry and Technology sector, Binect AG's ROIC % distribution charts can be found below:
* The bar in red indicates where Binect AG'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.
Binect AG (XTER:MA10) has a ROIC % of 1.59% 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 Binect AG and its competitors.
Is Binect AG's ROIC % too high?
Binect AG's current ROIC % is 1.59%. The Software industry median ROIC % is 3.10. Binect AG's value of 1.59% is 48.6% below this industry median. Overall, Binect AG has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Binect AG's ROIC % compare to QH and SHOP?
Binect AG's ROIC % of 1.59% can be compared against companies in the Software industry. The industry median ROIC % is 3.10. Binect AG's value of 1.59% is 48.6% 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 Software company?
The median ROIC % among Software companies is 3.10, based on 2,834 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. Binect AG's current ROIC % of 1.59% is 48.6% 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 Binect AG and its competitors. For the Software industry, the median ROIC % is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Binect AG's current ROIC % is 1.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binect AG stock overvalued right now?
Based on GuruFocus' analysis, Binect AG (XTER:MA10) is currently considered Significantly Undervalued. The stock's GF Value™ is €3.41, compared to a current price of €1.74 — trading 49% below its estimated fair value. The current ROIC % is 1.59% and 48.6% below the Software industry median of 3.10. Binect AG's overall GF Score™ is 66/100 with 7 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 Binect AG (XTER:MA10), the current ROIC % is 1.59% 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.
Is Binect AG (XTER:MA10) Overvalued in 2026?
Based on GuruFocus' analysis, Binect AG stock appears to be undervalued.
The current stock price of €1.74 is trading 49% below its estimated GF Value™ of €3.41.
GuruFocus considers Binect AG to be Significantly Undervalued.
Key valuation signals for XTER:MA10:
ROIC %: 1.59%
GF Value™: €3.41 vs. price of €1.74 (49% below fair value)
Industry Position: 48.6% below the Software median
No single metric tells the full story. See the XTER:MA10 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Binect AG is a German management holding company. Along with its subsidiaries, it is engaged in the digitization of document-based business communication. The group digitizes all processes of document incoming and outgoing communication, such as contracts and invoices, with its solutions and the Binect ONE platform. Binect is also focused on venturing into the field of Intelligent Document Processing (IDP), which involves, among other things, using self-learning software components to process document content and transform it into digitally usable and processable data. The group develops and integrates its digital modules and solutions for medium-sized businesses, government agencies, and other institutions.
66GF Score
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