HUB24 (ASX:HUB) ROCE %: 25.06% (As of Dec. 2025)

What is HUB24 ROCE %?

HUB24 ASX:HUB +1.52% 99 ROCE % is 25.06% as of Dec. 2025. GuruFocus rates ASX:HUB with a GF Score™ of 99/100 and a GF Value™ of A$83.33 (Modestly Undervalued). The stock has 1 warning sign investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. HUB24's annualized ROCE % for the quarter that ended in Dec. 2025 was 25.06%.

HUB24 (ASX:HUB) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

HUB24 ROCE % Related Terms

HUB24 ROCE % Historical Data

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The historical data trend for HUB24's ROCE % 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.

HUB24 ROCE % Chart

HUB24 Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

ROCE %

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9.01

6.23

9.61

10.78

17.57

HUB24 Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
ROCE %	Get a 7-Day Free Trial															10.72	11.09	15.96	18.23	25.06

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HUB24 Ltd ASX:HUB

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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HUB24 ROCE % Calculation

HUB24's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2025 )		(A: Jun. 2024 )		(A: Jun. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2025 )		(A: Jun. 2024 )		(A: Jun. 2025 )
	=	101.009	/	( ( (622.734 - 47.714)	+	(662.413 - 87.463) )	/ 2 )
	=	101.009	/	( (575.02	+	574.95)	/ 2 )
	=	101.009	/	574.985
	=	17.57 %

HUB24's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	147.772	/	( ( (662.413 - 87.463)	+	(687.264 - 82.981) )	/ 2 )
	=	147.772	/	( ( 574.95	+	604.283 )	/ 2 )
	=	147.772	/	589.6165
	=	25.06 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 25.06% mean?

HUB24 (ASX:HUB) has a ROCE % of 25.06% as of Dec. 2025.

Is HUB24's ROCE % too high?

HUB24's current ROCE % is 25.06%. The Capital Markets industry median ROCE % is 5.58. HUB24's value of 25.06% is 349.5% above this industry median. Overall, HUB24 has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does HUB24's ROCE % compare to MS and GS?

HUB24's ROCE % of 25.06% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.58. HUB24's value of 25.06% is 349.5% 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 ROCE % for a Capital Markets company?

The median ROCE % among Capital Markets companies is 5.58, based on 690 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HUB24's current ROCE % of 25.06% is 349.5% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Capital Markets industry, the median ROCE % is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HUB24's current ROCE % is 25.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is HUB24 stock overvalued right now?

Based on GuruFocus' analysis, HUB24 (ASX:HUB) is currently considered Modestly Undervalued. The stock's GF Value™ is A$83.33, compared to a current price of A$74.09 — trading 11.1% below its estimated fair value. The current ROCE % is 25.06% and 349.5% above the Capital Markets industry median of 5.58. HUB24's overall GF Score™ is 99/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For HUB24 (ASX:HUB), the current ROCE % is 25.06% 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 HUB24 (ASX:HUB) Overvalued in 2026?

Based on GuruFocus' analysis, HUB24 stock appears to be undervalued. The current stock price of A$74.09 is trading 11.1% below its estimated GF Value™ of A$83.33. GuruFocus considers HUB24 to be Modestly Undervalued.

Key valuation signals for ASX:HUB:

ROCE %: 25.06%
GF Value™: A$83.33 vs. price of A$74.09 (11.1% below fair value)
GF Score™: 99/100 with 1 warning sign
Industry Position: 349.5% above the Capital Markets median

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

HUB24 Business Description

Industry Financial Services Capital Markets

Comparable Companies ASX:BFG ASX:PPS ASX:COG ASX:OFX ASX:AEG ASX:AFA ASX:ABE ASX:SOL ASX:CPU MS GS SCHW HOOD ASX:MQG SHSE:600030 BSP:BPAC3 SZSE:300059 IBKR SHSE:601211 CRCL

Address 5 Martin Place, Level 17, Sydney, NSW, AUS, 2000

Website https://www.hub24.com.au

Hub24 is a diversified financial services business. The firm's core platform segment engages in the development and provision of custodial and noncustodial administration services to financial advisors, stockbrokers, accountants, and their clients. The tech solutions segment provides a range of technology and data services, as well as cloud-based software. Hub24 serves individuals, companies, trusts, associations, or self-managed superannuation funds. The firm has around 9.7% share of the Australian platform market, compared with the largest five providers with an average market share of 13.3% each.

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A$74.09

Price

A$83.33

GF Value

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