Mulsanne Group Holding (HKSE:01817) ROC %: 3.89% (As of Dec. 2025)

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HKSE:01817 Mulsanne Group Holding Ltd HKSE:01817
45 GF Score
Price HK$0.29
GF Value HK$0.55
Valuation Possible Value Trap
! 2 Warning Signs
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What is Mulsanne Group Holding ROC %?

Mulsanne Group Holding HKSE:01817 -1.72% 45 ROC % is 3.89% as of Dec. 2025. GuruFocus rates HKSE:01817 with a GF Score™ of 45/100 and a GF Value™ of HK$0.55 (Possible Value Trap). The stock has 2 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Mulsanne Group Holding's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 3.89%.

As of today (2026-08-30), Mulsanne Group Holding's WACC % is 2.31%. Mulsanne Group Holding's ROC % is 2.78% (calculated using TTM income statement data). Mulsanne Group Holding 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.


Mulsanne Group Holding  (HKSE:01817) 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, Mulsanne Group Holding's WACC % is 2.31%. Mulsanne Group Holding's ROC % is 2.78% (calculated using TTM income statement data). Mulsanne Group Holding 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 %, 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.


Mulsanne Group Holding ROC % Related Terms


Mulsanne Group Holding ROC % Historical Data

* Premium members only.

The historical data trend for Mulsanne Group Holding's ROC % 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.

Mulsanne Group Holding ROC % Chart

Mulsanne Group Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.25 1.13 2.62 1.92 2.89

Mulsanne Group Holding Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.20 1.84 2.11 1.67 3.89
HKSE:01817
45GF Score
Mulsanne Group Holding Ltd HKSE:01817
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mulsanne Group Holding ROC % Calculation

Mulsanne Group Holding's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=77.147 * ( 1 - 24.37% )/( (2295.963 + 1748.746)/ 2 )
=58.3462761/2022.3545
=2.89 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2787.203 - 521.359 - ( 199.538 - max(0, 1864.112 - 1833.993+199.538))
=2295.963

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2156.233 - 436.819 - ( 201.669 - max(0, 1234.111 - 1204.779+201.669))
=1748.746

Mulsanne Group Holding's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=97.394 * ( 1 - 20.49% )/( (2236.144 + 1748.746)/ 2 )
=77.4379694/1992.445
=3.89 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2553.148 - 313.13 - ( 571.588 - max(0, 1607.028 - 1610.902+571.588))
=2236.144

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2156.233 - 436.819 - ( 201.669 - max(0, 1234.111 - 1204.779+201.669))
=1748.746

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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 3.89% mean?
Mulsanne Group Holding (HKSE:01817) has a ROC % of 3.89% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Mulsanne Group Holding and its competitors.
Is Mulsanne Group Holding's ROC % too high?
Mulsanne Group Holding's current ROC % is 3.89%. The Retail - Cyclical industry median ROC % is 4.46. Mulsanne Group Holding's value of 3.89% is 12.8% below this industry median. Overall, Mulsanne Group Holding has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mulsanne Group Holding's ROC % compare to TJX and ROST?
Mulsanne Group Holding's ROC % of 3.89% can be compared against companies in the Retail - Cyclical industry. The industry median ROC % is 4.46. Mulsanne Group Holding's value of 3.89% is 12.8% 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 ROC % for a Retail - Cyclical company?
The median ROC % among Retail - Cyclical companies is 4.46, based on 1,110 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. Mulsanne Group Holding's current ROC % of 3.89% is 12.8% 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 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 Mulsanne Group Holding and its competitors. For the Retail - Cyclical industry, the median ROC % is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mulsanne Group Holding's current ROC % is 3.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mulsanne Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Mulsanne Group Holding (HKSE:01817) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.55, compared to a current price of HK$0.29 — trading 48.2% below its estimated fair value. The current ROC % is 3.89% and 12.8% below the Retail - Cyclical industry median of 4.46. Mulsanne Group Holding's overall GF Score™ is 45/100 with 2 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 Mulsanne Group Holding (HKSE:01817), the current ROC % is 3.89% 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 Mulsanne Group Holding (HKSE:01817) Overvalued in 2026?

Based on GuruFocus' analysis, Mulsanne Group Holding stock appears to be undervalued. The current stock price of HK$0.29 is trading 48.2% below its estimated GF Value™ of HK$0.55. GuruFocus considers Mulsanne Group Holding to be Possible Value Trap.

Key valuation signals for HKSE:01817:

  • ROC %: 3.89%
  • GF Value™: HK$0.55 vs. price of HK$0.29 (48.2% below fair value)
  • GF Score™: 45/100 with 2 warning signs
  • Industry Position: 12.8% below the Retail - Cyclical median

No single metric tells the full story. See the HKSE:01817 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mulsanne Group Holding Business Description

Address No. 628, Jinyuan Road, Yinzhou District, Zhejiang Province, Ningbo, CHN
Mulsanne Group Holding Ltd is an investment holding company. The Company's subsidiaries are engaged in the design, marketing and sale of apparel products. The operating segments of the company are Offline channels; Online channels and Others. The majority of the revenue is generated through Offline channels. The company generates revenue in Chinese mainland.
45GF Score

Get the complete analysis for HKSE:01817

ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.29
Price
HK$0.55
GF Value