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ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Zero2IPO Holdings's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 25.98%.
As of today (2026-08-07), Zero2IPO Holdings's WACC % is 8.75%. Zero2IPO Holdings's ROC % is 7.96% (calculated using TTM income statement data).
Zero2IPO Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.
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, Zero2IPO Holdings's WACC % is 8.75%. Zero2IPO Holdings's ROC % is 7.96% (calculated using TTM income statement data).
Zero2IPO 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.
Zero2IPO Holdings ROC % Related Terms
Zero2IPO Holdings ROC % Historical Data
* Premium members only.
The historical data trend for Zero2IPO Holdings'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.
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.
Zero2IPO Holdings (HKSE:01945) has a ROC % of 25.98% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Zero2IPO Holdings and its competitors.
Is Zero2IPO Holdings' ROC % too high?
Zero2IPO Holdings' current ROC % is 25.98%. Overall, Zero2IPO Holdings has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zero2IPO Holdings' ROC % compare to FRHC and VOYA?
Zero2IPO Holdings' ROC % of 25.98% can be compared against companies in the Diversified Financial Services industry. 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 Diversified Financial Services company?
A good ROC % depends on the Diversified Financial Services industry context. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Zero2IPO Holdings and its competitors. Zero2IPO Holdings's current ROC % is 25.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero2IPO Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zero2IPO Holdings (HKSE:01945) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.63, compared to a current price of HK$1.51 — trading 7.4% below its estimated fair value. The current ROC % is 25.98%. Zero2IPO Holdings' overall GF Score™ is 87/100 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 Zero2IPO Holdings (HKSE:01945), the current ROC % is 25.98% 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 Zero2IPO Holdings (HKSE:01945) Overvalued in 2026?
Based on GuruFocus' analysis, Zero2IPO Holdings stock appears to be undervalued.
The current stock price of HK$1.51 is trading 7.4% below its estimated GF Value™ of HK$1.63.
GuruFocus considers Zero2IPO Holdings to be Fairly Valued.
Key valuation signals for HKSE:01945:
ROC %: 25.98%
GF Value™: HK$1.63 vs. price of HK$1.51 (7.4% below fair value)
No single metric tells the full story. See the HKSE:01945 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zero2IPO Holdings Inc is an integrated service platform for the equity investment industry. It provides data, marketing, consulting, and training services to participants in the equity investment industry. Its segment includes Data services that focus on providing information data and research reports; Marketing services that focuses on providing information, industry exchanges, and brand promotion; Investment Banking Services for the venture capital industry; Training services that focus on talent training in the venture capital industry and provide professional entrepreneurship and investment training services. The majority of the revenue comes from the Investment Banking Services. Geographically, the company generates almost all of its revenue from PRC.
87GF Score
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