Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Mayfield Group Holdings's annualized ROCE % for the quarter that ended in Dec. 2025 was 25.28%.
Mayfield Group Holdings (ASX:MYG) 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.
* 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.
(1) Note:
The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.
* 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.
Mayfield Group Holdings (ASX:MYG) has a ROCE % of 25.28% as of Dec. 2025.
Is Mayfield Group Holdings' ROCE % too high?
Mayfield Group Holdings' current ROCE % is 25.28%. The Hardware industry median ROCE % is 5.84. Mayfield Group Holdings' value of 25.28% is 332.9% above this industry median. Overall, Mayfield Group Holdings has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mayfield Group Holdings' ROCE % compare to CSCO and MSI?
Mayfield Group Holdings' ROCE % of 25.28% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.84. Mayfield Group Holdings' value of 25.28% is 332.9% 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 Hardware company?
The median ROCE % among Hardware companies is 5.84, based on 2,453 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. Mayfield Group Holdings's current ROCE % of 25.28% is 332.9% 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 Hardware industry, the median ROCE % is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayfield Group Holdings's current ROCE % is 25.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayfield Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mayfield Group Holdings (ASX:MYG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.39, compared to a current price of A$2.08 — trading 49.6% above its estimated fair value. The current ROCE % is 25.28% and 332.9% above the Hardware industry median of 5.84. Mayfield Group Holdings' overall GF Score™ is 77/100 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 Mayfield Group Holdings (ASX:MYG), the current ROCE % is 25.28% 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 Mayfield Group Holdings (ASX:MYG) Overvalued in 2026?
Based on GuruFocus' analysis, Mayfield Group Holdings stock appears to be overvalued.
The current stock price of A$2.08 is trading 49.6% above its estimated GF Value™ of A$1.39.
GuruFocus considers Mayfield Group Holdings to be Significantly Overvalued.
Key valuation signals for ASX:MYG:
ROCE %: 25.28%
GF Value™: A$1.39 vs. price of A$2.08 (49.6% above fair value)
Industry Position: 332.9% above the Hardware median
No single metric tells the full story. See the ASX:MYG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mayfield Group Holdings Ltd participates in the electrical and telecommunications infrastructure industry, providing products and services for every stage of the lifecycle. Its principal activities include manufacturing of switchboards, transportable switchrooms and electrical protection panels; provision of telecommunications and power quality solutions and services; and supply of power quality solutions and maintenance of electrical and telecommunication infrastructure. The majority of the group's revenue is derived from the sale of manufactured products. It operates mainly in one operating segment, namely electrical and telecommunications infrastructure, and one geographical segment, namely Australia.
77GF Score
Get the complete analysis for ASX:MYG
ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:MYG has been successfully added to your 
