Myer Holdings (ASX:MYR) ROCE %: 9.00% (As of Jan. 2026)


ASX:MYR Myer Holdings Ltd ASX:MYR
42 GF Score
Price A$0.31
GF Value A$0.49
Valuation Possible Value Trap
! 4 Warning Signs
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What is Myer Holdings ROCE %?

Myer Holdings ASX:MYR +1.64% 42 ROCE % is 9.00% as of Jan. 2026. GuruFocus rates ASX:MYR with a GF Score™ of 42/100 and a GF Value™ of A$0.49 (Possible Value Trap). The stock has 4 warning signs 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. Myer Holdings's annualized ROCE % for the quarter that ended in Jan. 2026 was 9.00%.

Myer Holdings  (ASX:MYR) 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.

Myer Holdings ROCE % Related Terms

Myer Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Myer Holdings'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.

Myer Holdings ROCE % Chart

Myer Holdings Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.08 -2.93 -1.81 -3.68 -9.46

Myer Holdings Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
ROCE % 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 Premium Member Only Premium Member Only 13.21 -20.74 10.52 -28.46 9.00
ASX:MYR
42GF Score
Myer Holdings Ltd ASX:MYR
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Myer Holdings ROCE % Calculation

Myer Holdings's annualized ROCE % for the fiscal year that ended in Jul. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=-191/( ( (2375.5 - 646.3) + (3146 - 837.6) )/ 2 )
=-191/( (1729.2+2308.4)/ 2 )
=-191/2018.8
=-9.46 %

Myer Holdings's ROCE % of for the quarter that ended in Jan. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=205.4/( ( (3146 - 837.6) + (3222.7 - 964.7) )/ 2 )
=205.4/( ( 2308.4 + 2258 )/ 2 )
=205.4/2283.2
=9.00 %

(1) Note: The EBIT data used here is two times the semi-annual (Jan. 2026) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 9.00% mean?
Myer Holdings (ASX:MYR) has a ROCE % of 9.00% as of Jan. 2026.
Is Myer Holdings' ROCE % too high?
Myer Holdings' current ROCE % is 9.00%. The Retail - Cyclical industry median ROCE % is 7.58. Myer Holdings' value of 9.00% is 18.7% above this industry median. Overall, Myer Holdings has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Myer Holdings' ROCE % compare to DDS and M?
Myer Holdings' ROCE % of 9.00% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.58. Myer Holdings' value of 9.00% is 18.7% 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 Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.58, based on 1,117 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. Myer Holdings's current ROCE % of 9.00% is 18.7% 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 Retail - Cyclical industry, the median ROCE % is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myer Holdings's current ROCE % is 9.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Myer Holdings (ASX:MYR) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.49, compared to a current price of A$0.31 — trading 36.7% below its estimated fair value. The current ROCE % is 9.00% and 18.7% above the Retail - Cyclical industry median of 7.58. Myer Holdings' overall GF Score™ is 42/100 with 4 warning signs 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 Myer Holdings (ASX:MYR), the current ROCE % is 9.00% as of Jan. 2026. 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 Myer Holdings (ASX:MYR) Overvalued in 2026?

Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued. The current stock price of A$0.31 is trading 36.7% below its estimated GF Value™ of A$0.49. GuruFocus considers Myer Holdings to be Possible Value Trap.

Key valuation signals for ASX:MYR:

  • ROCE %: 9.00%
  • GF Value™: A$0.49 vs. price of A$0.31 (36.7% below fair value)
  • GF Score™: 42/100 with 4 warning signs
  • Industry Position: 18.7% above the Retail - Cyclical median

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

Myer Holdings Business Description

Other Exchanges 30M:Germany
Address 1000 La Trobe Street, Level 7, Docklands, Melbourne, VIC, AUS, 3008
Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.
42GF Score

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

A$0.31
Price
A$0.49
GF Value