This list shows European stocks with strong return on invested capital, combined with quality and liquidity checks to improve the overall quality of the selection. Stocks are sorted by market capitalization, highlighting the largest high-ROIC companies first. Larger companies often offer more stability and liquidity.
| Symbol | Company | Sector | Price | Market Cap | ROA | FA Rating | % Chg | 1M % | 3M % |
|---|---|---|---|---|---|---|---|---|---|
| NVD.DE | NVIDIA CORP | Information Technology | 152.26 | 3.60T | 58.06% | 9 / 10 | 2.81% | -3.13% | -5.78% |
| 1NVDA.MI | NVIDIA CORP | Information Technology | 146.36 | 3.56T | 58.06% | 9 / 10 | -0.08% | -5.61% | -9.43% |
| RACE.MI | FERRARI NV | Consumer Discretionary | 297.8 | 56.04B | 16.59% | 7 / 10 | 3.04% | -4.80% | -5.85% |
| ASM.AS | ASM INTERNATIONAL NV | Information Technology | 673.6 | 31.42B | 13.56% | 6 / 10 | 5.75% | -6.05% | 21.63% |
| BESI.AS | BE SEMICONDUCTOR INDUSTRIES | Information Technology | 187.55 | 14.52B | 11.82% | 5 / 10 | 4.81% | -1.81% | 25.79% |
| RYA.I | RYANAIR HOLDINGS PLC | Industrials | 24.95 | 12.51B | 13.97% | 6 / 10 | 4.52% | -7.59% | -15.99% |
| CVC.AS | CVC CAPITAL PARTNERS PLC | Financials | 11.4 | 11.85B | 22.71% | 7 / 10 | 2.24% | -6.10% | -18.75% |
| NEM.DE | NEMETSCHEK SE | Information Technology | 63.55 | 7.36B | 10.26% | 7 / 10 | -0.24% | -7.50% | -29.62% |
| IOS.DE | IONOS GROUP SE | Information Technology | 25.2 | 3.48B | 14.63% | 7 / 10 | 1.41% | 13.77% | -5.62% |
| THEON.AS | THEON INTERNATIONAL PLC | Industrials | 33.5 | 2.43B | 17.09% | 7 / 10 | 8.41% | 8.06% | 25.94% |
Note: This table shows a subset of the stocks matching the screen criteria. The full list of stocks can be viewed in the Stock Screener tool.
Return on invested capital is one of the strongest indicators of business quality. Companies with high ROIC tend to allocate capital efficiently, earn strong returns on their operating base, and often benefit from competitive advantages that make those returns sustainable.
A strong ROIC number alone is not enough. Investors should also look for companies with positive earnings, healthy balance sheets, and sufficient liquidity. This helps separate truly high-quality businesses from companies with temporarily inflated returns.
These are the rules used to build this stock list.
We start with European-listed stocks and focus on companies with high return on invested capital (ROIC). We combine this with profitability, financial health, and liquidity filters to identify businesses that not only earn high returns, but also appear investable and fundamentally sound.
Average Volume above 50K
We require a minimum average daily volume of 50,000 shares to ensure sufficient liquidity for investors.
Market Cap above $300M
We exclude very small companies to avoid illiquid and highly speculative stocks.
ROIC 3 year average above 15%
A high return on invested capital helps identify companies that use capital efficiently and generate strong business returns.
Positive Earnings
Companies must be profitable to avoid weak businesses with unsustainable returns.
Strong Financial Health
We require a solid financial health profile to reduce balance sheet risk.
Return on Assets above 10%
A healthy return on assets supports the idea that the company is efficient beyond just one capital metric.
ROIC stands for return on invested capital. It measures how efficiently a company turns invested capital into profit, which makes it a useful way to identify high-quality businesses in Europe.
High ROIC companies often have durable competitive advantages, disciplined capital allocation, and stronger long-term economics. Screening for them can help investors focus on businesses with proven operational quality.
We start with European-listed stocks and focus on companies with high return on invested capital (ROIC). We combine this with profitability, financial health, and liquidity filters to identify businesses that not only earn high returns, but also appear investable and fundamentally sound.
A strong ROIC number alone is not enough. Investors should also look for companies with positive earnings, healthy balance sheets, and sufficient liquidity. This helps separate truly high-quality businesses from companies with temporarily inflated returns.