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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 %. Ho Bee Land's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 2.89%.
As of today (2026-07-15), Ho Bee Land's WACC % is 5.25%. Ho Bee Land's ROC % is 2.76% (calculated using TTM income statement data).
Ho Bee Land earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Ho Bee Land (SGX:H13) 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, Ho Bee Land's WACC % is 5.25%. Ho Bee Land's ROC % is 2.76% (calculated using TTM income statement data).
Ho Bee Land 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.
Ho Bee Land ROC % Related Terms
Ho Bee Land ROC % Historical Data
* Premium members only.
The historical data trend for Ho Bee Land'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.
Ho Bee Land (SGX:H13) has a ROC % of 2.89% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Ho Bee Land and its competitors.
Is Ho Bee Land's ROC % too high?
Ho Bee Land's current ROC % is 2.89%. The Real Estate industry median ROC % is 2.17. Ho Bee Land's value of 2.89% is 33.5% above this industry median. Overall, Ho Bee Land has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ho Bee Land's ROC % compare to competitors?
Ho Bee Land's ROC % of 2.89% can be compared against companies in the Real Estate industry. The industry median ROC % is 2.17. Ho Bee Land's value of 2.89% is 33.5% 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 a Real Estate company?
The median ROC % among Real Estate companies is 2.17, based on 1,756 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. Ho Bee Land's current ROC % of 2.89% is 33.5% 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 Ho Bee Land and its competitors. For the Real Estate industry, the median ROC % is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ho Bee Land's current ROC % is 2.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Bee Land stock overvalued right now?
Based on GuruFocus' analysis, Ho Bee Land (SGX:H13) is currently considered Fairly Valued. The stock's GF Value™ is S$1.90, compared to a current price of S$2.04 — trading 7.4% above its estimated fair value. The current ROC % is 2.89% and 33.5% above the Real Estate industry median of 2.17. Ho Bee Land's overall GF Score™ is 81/100 with 8 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 Ho Bee Land (SGX:H13), the current ROC % is 2.89% 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 Ho Bee Land (SGX:H13) Overvalued in 2026?
Based on GuruFocus' analysis, Ho Bee Land stock appears to be overvalued.
The current stock price of S$2.04 is trading 7.4% above its estimated GF Value™ of S$1.90.
GuruFocus considers Ho Bee Land to be Fairly Valued.
Key valuation signals for SGX:H13:
ROC %: 2.89%
GF Value™: S$1.90 vs. price of S$2.04 (7.4% above fair value)
Industry Position: 33.5% above the Real Estate median
No single metric tells the full story. See the SGX:H13 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ho Bee Land Ltd is a Singapore-based company principally engaged in the real estate sector. The Group's reportable segments include property investment and property development, which cover the development and trading of properties as well as property investment activities. The company generates maximum revenue from its property investment segment, particularly from its investment properties. Ho Bee Land Ltd operates in Singapore, the United Kingdom, China, and Australia, which contribute the maximum revenue.
81GF Score
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