Tabcorp Holdings (ASX:TAH) ROCE %: 7.34% (As of Dec. 2025)


ASX:TAH Tabcorp Holdings Ltd ASX:TAH
50 GF Score
Price A$0.83
GF Value A$0.81
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Tabcorp Holdings ROCE %?

Tabcorp Holdings ASX:TAH +0.61% 50 ROCE % is 7.34% as of Dec. 2025. GuruFocus rates ASX:TAH with a GF Score™ of 50/100 and a GF Value™ of A$0.81 (Fairly Valued). The stock has 6 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. Tabcorp Holdings's annualized ROCE % for the quarter that ended in Dec. 2025 was 7.34%.

Tabcorp Holdings  (ASX:TAH) 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.

Tabcorp Holdings ROCE % Related Terms

Tabcorp Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Tabcorp 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.

Tabcorp Holdings ROCE % Chart

Tabcorp Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.11 -1.24 3.48 -51.33 6.44

Tabcorp Holdings 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 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 -55.90 -55.59 6.56 6.25 7.34
ASX:TAH
50GF Score
Tabcorp Holdings Ltd ASX:TAH
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tabcorp Holdings ROCE % Calculation

Tabcorp Holdings'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 )
=166/( ( (3409.8 - 666.6) + (3140.2 - 727.1) )/ 2 )
=166/( (2743.2+2413.1)/ 2 )
=166/2578.15
=6.44 %

Tabcorp Holdings'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 )
=177/( ( (3140.2 - 727.1) + (3138.4 - 725.6) )/ 2 )
=177/( ( 2413.1 + 2412.8 )/ 2 )
=177/2412.95
=7.34 %

(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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 7.34% mean?
Tabcorp Holdings (ASX:TAH) has a ROCE % of 7.34% as of Dec. 2025.
Is Tabcorp Holdings' ROCE % too high?
Tabcorp Holdings' current ROCE % is 7.34%. The Travel & Leisure industry median ROCE % is 6.08. Tabcorp Holdings' value of 7.34% is 20.8% above this industry median. Overall, Tabcorp Holdings has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tabcorp Holdings' ROCE % compare to FLUT and DKNG?
Tabcorp Holdings' ROCE % of 7.34% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.08. Tabcorp Holdings' value of 7.34% is 20.8% 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 Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.08, based on 838 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. Tabcorp Holdings's current ROCE % of 7.34% is 20.8% 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 Travel & Leisure industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tabcorp Holdings's current ROCE % is 7.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tabcorp Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tabcorp Holdings (ASX:TAH) is currently considered Fairly Valued. The stock's GF Value™ is A$0.81, compared to a current price of A$0.83 — trading 1.9% above its estimated fair value. The current ROCE % is 7.34% and 20.8% above the Travel & Leisure industry median of 6.08. Tabcorp Holdings' overall GF Score™ is 50/100 with 6 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 Tabcorp Holdings (ASX:TAH), the current ROCE % is 7.34% 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 Tabcorp Holdings (ASX:TAH) Overvalued in 2026?

Based on GuruFocus' analysis, Tabcorp Holdings stock appears to be overvalued. The current stock price of A$0.83 is trading 1.9% above its estimated GF Value™ of A$0.81. GuruFocus considers Tabcorp Holdings to be Fairly Valued.

Key valuation signals for ASX:TAH:

  • ROCE %: 7.34%
  • GF Value™: A$0.81 vs. price of A$0.83 (1.9% above fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 20.8% above the Travel & Leisure median

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

Tabcorp Holdings Business Description

Other Exchanges TABCF:USATHL:Germany
Address 727 Collins Street, Level 19, Tower 2, Collins Square, Melbourne, VIC, AUS, 3008
Tabcorp is essentially a pure-play Australian wagering operator, with exclusive rights to physical wagering at venues (pubs, clubs, and racecourses) and also a digital offering. Tabcorp operates through principally through two segments: wagering and media and gaming services. The firm conducts wagering activities under the TAB brand both online and physically in every Australian state and territory other than Western Australia, reaching 90% of the population through a network of retail venues. In addition, Integrity Services provides services to electronic gaming machine venues.
50GF Score

Get the complete analysis for ASX:TAH

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

A$0.83
Price
A$0.81
GF Value