Henderson Land Development Co (FRA:HLD) ROCE %: 2.03% (As of Dec. 2025)


FRA:HLD Henderson Land Development Co Ltd FRA:HLD
73 GF Score
Price €2.79
GF Value €2.53
Valuation Fairly Valued
! 7 Warning Signs
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What is Henderson Land Development Co ROCE %?

Henderson Land Development Co FRA:HLD -3.12% 73 ROCE % is 2.03% as of Dec. 2025. GuruFocus rates FRA:HLD with a GF Score™ of 73/100 and a GF Value™ of €2.53 (Fairly Valued). The stock has 7 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. Henderson Land Development Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 2.03%.

Henderson Land Development Co  (FRA:HLD) 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.

Henderson Land Development Co ROCE % Related Terms

Henderson Land Development Co ROCE % Historical Data

* Premium members only.

The historical data trend for Henderson Land Development Co'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.

Henderson Land Development Co ROCE % Chart

Henderson Land Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.66 2.57 2.54 2.20 1.68

Henderson Land Development Co 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 2.18 2.10 2.28 1.43 2.03
FRA:HLD
73GF Score
Henderson Land Development Co Ltd FRA:HLD
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Henderson Land Development Co ROCE % Calculation

Henderson Land Development Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=963.121/( ( (65265.418 - 5628.104) + (59201.03 - 4071.559) )/ 2 )
=963.121/( (59637.314+55129.471)/ 2 )
=963.121/57383.3925
=1.68 %

Henderson Land Development Co'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 )
=1114.696/( ( (58830.754 - 4114.953) + (59201.03 - 4071.559) )/ 2 )
=1114.696/( ( 54715.801 + 55129.471 )/ 2 )
=1114.696/54922.636
=2.03 %

(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 2.03% mean?
Henderson Land Development Co (FRA:HLD) has a ROCE % of 2.03% as of Dec. 2025.
Is Henderson Land Development Co's ROCE % too high?
Henderson Land Development Co's current ROCE % is 2.03%. The Real Estate industry median ROCE % is 4.66. Henderson Land Development Co's value of 2.03% is 56.4% below this industry median. Overall, Henderson Land Development Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Henderson Land Development Co's ROCE % compare to competitors?
Henderson Land Development Co's ROCE % of 2.03% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.66. Henderson Land Development Co's value of 2.03% is 56.4% below 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 Real Estate company?
The median ROCE % among Real Estate companies is 4.66, based on 1,757 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. Henderson Land Development Co's current ROCE % of 2.03% is 56.4% below 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 Real Estate industry, the median ROCE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henderson Land Development Co's current ROCE % is 2.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henderson Land Development Co stock overvalued right now?
Based on GuruFocus' analysis, Henderson Land Development Co (FRA:HLD) is currently considered Fairly Valued. The stock's GF Value™ is €2.53, compared to a current price of €2.79 — trading 10.3% above its estimated fair value. The current ROCE % is 2.03% and 56.4% below the Real Estate industry median of 4.66. Henderson Land Development Co's overall GF Score™ is 73/100 with 7 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 Henderson Land Development Co (FRA:HLD), the current ROCE % is 2.03% 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 Henderson Land Development Co (FRA:HLD) Overvalued in 2026?

Based on GuruFocus' analysis, Henderson Land Development Co stock appears to be overvalued. The current stock price of €2.79 is trading 10.3% above its estimated GF Value™ of €2.53. GuruFocus considers Henderson Land Development Co to be Fairly Valued.

Key valuation signals for FRA:HLD:

  • ROCE %: 2.03%
  • GF Value™: €2.53 vs. price of €2.79 (10.3% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 56.4% below the Real Estate median

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

Henderson Land Development Co Business Description

Address 8 Finance Street, 72nd -76th Floor, Two International Finance Centre, Central, Hong Kong, HKG
Henderson Land Development is a leading property developer in Hong Kong with a focus on urban redevelopment and farmland conversion. The company was founded in 1976, listed in 1981. Henderson Land directly controls four listed entities, including a 69% stake in Henderson Investment, a 41.5% stake in Hong Kong and China Gas, a 33.4% stake in Hong Kong Ferry, and a 50.1% stake in Miramar Hotel & Investment.
73GF Score

Get the complete analysis for FRA:HLD

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

€2.79
Price
€2.53
GF Value