HKGEF (Hong Kong Economic Times Holdings) ROCE %: -3.80% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKGEF Hong Kong Economic Times Holdings Ltd HKGEF
42 GF Score
Price $0.09
GF Value $0.09
! 2 Warning Signs
View Full Analysis

What is Hong Kong Economic Times Holdings ROCE %?

Hong Kong Economic Times Holdings HKGEF 42 ROCE % is -3.80% as of Mar. 2026. GuruFocus rates HKGEF with a GF Score™ of 42/100 and a GF Value™ of $0.09. The stock has 2 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. Hong Kong Economic Times Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was -3.80%.


Hong Kong Economic Times Holdings  (OTCPK:HKGEF) 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.


Hong Kong Economic Times Holdings ROCE % Related Terms


Hong Kong Economic Times Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Hong Kong Economic Times 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.

Hong Kong Economic Times Holdings ROCE % Chart

Hong Kong Economic Times Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.65 4.39 9.22 -3.56 -4.58

Hong Kong Economic Times Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 22.13 -7.09 0.05 -5.37 -3.80
HKGEF
42GF Score
Hong Kong Economic Times Holdings Ltd HKGEF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hong Kong Economic Times Holdings ROCE % Calculation

Hong Kong Economic Times Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-4.792/( ( (137.506 - 27.427) + (123.668 - 24.278) )/ 2 )
=-4.792/( (110.079+99.39)/ 2 )
=-4.792/104.7345
=-4.58 %

Hong Kong Economic Times Holdings's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-3.868/( ( (129.109 - 24.964) + (123.668 - 24.278) )/ 2 )
=-3.868/( ( 104.145 + 99.39 )/ 2 )
=-3.868/101.7675
=-3.80 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 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 -3.80% mean?
Hong Kong Economic Times Holdings (HKGEF) has a ROCE % of -3.80% as of Mar. 2026.
Is Hong Kong Economic Times Holdings' ROCE % too high?
Hong Kong Economic Times Holdings' current ROCE % is -3.80%. Overall, Hong Kong Economic Times Holdings has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Economic Times Holdings' ROCE % compare to NYT and WLY?
Hong Kong Economic Times Holdings' ROCE % of -3.80% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.08. 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 Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.08, based on 979 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. 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 Media - Diversified industry, the median ROCE % is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong Economic Times Holdings's current ROCE % is -3.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Economic Times Holdings stock overvalued right now?
Hong Kong Economic Times Holdings (HKGEF) has a current ROCE % of -3.80%. The stock's GF Value™ is $0.09, compared to a current price of $0.09 — trading 2.8% above its estimated fair value. The current ROCE % is -3.80%. Hong Kong Economic Times Holdings' overall GF Score™ is 42/100 with 2 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 Hong Kong Economic Times Holdings (HKGEF), the current ROCE % is -3.80% as of Mar. 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 Hong Kong Economic Times Holdings (HKGEF) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong Economic Times Holdings stock appears to be overvalued. The current stock price of $0.09 is trading 2.8% above its estimated GF Value™ of $0.09.

Key valuation signals for HKGEF:

  • ROCE %: -3.80%
  • GF Value™: $0.09 vs. price of $0.09 (2.8% above fair value)
  • GF Score™: 42/100 with 2 warning signs

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


Hong Kong Economic Times Holdings Business Description

Other Exchanges 00423:Hong Kong
Address 321 Java Road, 6th Floor, Kodak House II, North Point, Hong Kong, HKG
Hong Kong Economic Times Holdings Ltd is an investment holding company. It is engaged in the printing and publishing of newspapers and magazines and the operation of their associated digital businesses; the operation of recruitment advertising and lifestyle platforms; and the provision of electronic financial and property market information services. Its segments are Media segment, majority revenue deriving segment, engaged in the printing and publication of newspapers, magazines and books and the operation of digital platforms, including recruitment, finance and lifestyle; and Financial news agency, information and solutions segment.
42GF Score

Get the complete analysis for HKGEF

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

$0.09
Price
$0.09
GF Value