ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Asia Orient Holdings's annualized return on capital (ROC %) for the quarter that ended in Sep. 2025 was 3.26%.
As of today (2026-07-02), Asia Orient Holdings's WACC % is 4.05%. Asia Orient Holdings's ROC % is -4.53% (calculated using TTM income statement data).
Asia Orient Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Asia Orient Holdings (FRA:ASD1) ROC % Explanation
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. 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 ROC % 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, Asia Orient Holdings's WACC % is 4.05%. Asia Orient Holdings's ROC % is -4.53% (calculated using TTM income statement data).
Asia Orient Holdings 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 %, ROC % 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.
* 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.
Note:
The Operating Income data used here is two times the semi-annual (Sep. 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.
Asia Orient Holdings (FRA:ASD1) has a ROC % of 3.26% as of Sep. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Asia Orient Holdings and its competitors.
Is Asia Orient Holdings' ROC % too high?
Asia Orient Holdings' current ROC % is 3.26%. The Asset Management industry median ROC % is 1.18. Asia Orient Holdings' value of 3.26% is 176.3% above this industry median. Overall, Asia Orient Holdings has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Orient Holdings' ROC % compare to BLK and BX?
Asia Orient Holdings' ROC % of 3.26% can be compared against companies in the Asset Management industry. The industry median ROC % is 1.18. Asia Orient Holdings' value of 3.26% is 176.3% 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 ROC % for an Asset Management company?
The median ROC % among Asset Management companies is 1.18, based on 707 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asia Orient Holdings's current ROC % of 3.26% is 176.3% 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Asia Orient Holdings and its competitors. For the Asset Management industry, the median ROC % is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Orient Holdings's current ROC % is 3.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Orient Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Orient Holdings (FRA:ASD1) is currently considered Possible Value Trap. The stock's GF Value™ is €0.12, compared to a current price of €0.02 — trading 83.8% below its estimated fair value. The current ROC % is 3.26% and 176.3% above the Asset Management industry median of 1.18. Asia Orient Holdings' overall GF Score™ is 43/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Asia Orient Holdings (FRA:ASD1), the current ROC % is 3.26% as of Sep. 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 Asia Orient Holdings (FRA:ASD1) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Orient Holdings stock appears to be undervalued.
The current stock price of €0.02 is trading 83.8% below its estimated GF Value™ of €0.12.
GuruFocus considers Asia Orient Holdings to be Possible Value Trap.
Key valuation signals for FRA:ASD1:
ROC %: 3.26%
GF Value™: €0.12 vs. price of €0.02 (83.8% below fair value)
Industry Position: 176.3% above the Asset Management median
No single metric tells the full story. See the FRA:ASD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Orient Holdings Ltd is an investment holding company. The company operates through segments which are: Property Sales, Property Leasing, Hotel operation, Financial Investment and Others. The company generates maximum revenue from the Financial Investment segment.
43GF Score
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