HKHC (Horizon Kinetics Holding) ROCE %: -0.86% (As of Mar. 2026)

What is Horizon Kinetics Holding ROCE %?

Horizon Kinetics Holding HKHC -2.02% 58 ROCE % is -0.86% as of Mar. 2026. GuruFocus rates HKHC with a GF Score™ of 58/100 and a GF Value™ of $27.87 (Fairly Valued). 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. Horizon Kinetics Holding's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.86%.

Horizon Kinetics Holding (OTCPK:HKHC) 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.

Horizon Kinetics Holding ROCE % Related Terms

Horizon Kinetics Holding ROCE % Historical Data

* Premium members only.

The historical data trend for Horizon Kinetics Holding'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.

Horizon Kinetics Holding ROCE % Chart

Horizon Kinetics Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

-28.14

-91.87

-0.33

-0.98

0.56

Horizon Kinetics Holding Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															0.34	0.67	0.56	0.54	-0.86

58GF Score

Horizon Kinetics Holding Corp HKHC

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Horizon Kinetics Holding ROCE % Calculation

Horizon Kinetics Holding'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 )
	=	11.083	/	( ( (2028.176 - 41.152)	+	(1996.811 - 22.012) )	/ 2 )
	=	11.083	/	( (1987.024	+	1974.799)	/ 2 )
	=	11.083	/	1980.9115
	=	0.56 %

Horizon Kinetics Holding'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: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	-17.328	/	( ( (1996.811 - 22.012)	+	(2234.344 - 194.579) )	/ 2 )
	=	-17.328	/	( ( 1974.799	+	2039.765 )	/ 2 )
	=	-17.328	/	2007.282
	=	-0.86 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -0.86% mean?

Horizon Kinetics Holding (HKHC) has a ROCE % of -0.86% as of Mar. 2026.

Is Horizon Kinetics Holding's ROCE % too high?

Horizon Kinetics Holding's current ROCE % is -0.86%. Overall, Horizon Kinetics Holding has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Horizon Kinetics Holding's ROCE % compare to PML and IGD?

Horizon Kinetics Holding's ROCE % of -0.86% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for an Asset Management company?

The median ROCE % among Asset Management companies is 4.46, based on 707 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 Asset Management industry, the median ROCE % is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Kinetics Holding's current ROCE % is -0.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Horizon Kinetics Holding stock overvalued right now?

Based on GuruFocus' analysis, Horizon Kinetics Holding (HKHC) is currently considered Fairly Valued. The stock's GF Value™ is $27.87, compared to a current price of $27.68 — trading 0.7% below its estimated fair value. The current ROCE % is -0.86%. Horizon Kinetics Holding's overall GF Score™ is 58/100 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 Horizon Kinetics Holding (HKHC), the current ROCE % is -0.86% 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 Horizon Kinetics Holding (HKHC) Overvalued in 2026?

Based on GuruFocus' analysis, Horizon Kinetics Holding stock appears to be undervalued. The current stock price of $27.68 is trading 0.7% below its estimated GF Value™ of $27.87. GuruFocus considers Horizon Kinetics Holding to be Fairly Valued.

Key valuation signals for HKHC:

ROCE %: -0.86%
GF Value™: $27.87 vs. price of $27.68 (0.7% below fair value)
GF Score™: 58/100 with 4 warning signs

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

Horizon Kinetics Holding Business Description

Industry Financial Services Asset Management

Comparable Companies PML IGD BOT EIM ETO GHY BGB FTHY BLW BME BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT OSTO:EQT AMP

Address 470 Park Avenue S, New York, NY, USA, 10061

Website https://hkholdingco.com

Horizon Kinetics Holding Corp offers investment advisory services. The company provides proprietary research and investment advisory services for alternative value-based investing strategies. The fees earned, which include both management and performance fees, depend upon several factors, including the investment strategies, size of account and servicing needs. Geographically, the company operates in United States.

58GF Score

Get the complete analysis for HKHC

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

$27.68

Price

$27.87

GF Value

View HKHC Analysis

See ROCE % data for all stocks →