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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. SmarTone Telecommunications Holdings's annualized ROCE % for the quarter that ended in Dec. 2025 was 10.41%.
SmarTone Telecommunications Holdings (HKSE:00315) 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.
SmarTone Telecommunications Holdings ROCE % Related Terms
SmarTone Telecommunications Holdings ROCE % Historical 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.
(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.
SmarTone Telecommunications Holdings (HKSE:00315) has a ROCE % of 10.41% as of Dec. 2025.
Is SmarTone Telecommunications Holdings' ROCE % too high?
SmarTone Telecommunications Holdings' current ROCE % is 10.41%. The Telecommunication Services industry median ROCE % is 7.63. SmarTone Telecommunications Holdings' value of 10.41% is 36.4% above this industry median. Overall, SmarTone Telecommunications Holdings has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SmarTone Telecommunications Holdings' ROCE % compare to TMUS and VZ?
SmarTone Telecommunications Holdings' ROCE % of 10.41% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.63. SmarTone Telecommunications Holdings' value of 10.41% is 36.4% 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 Telecommunication Services company?
The median ROCE % among Telecommunication Services companies is 7.63, based on 353 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. SmarTone Telecommunications Holdings's current ROCE % of 10.41% is 36.4% 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 Telecommunication Services industry, the median ROCE % is 7.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SmarTone Telecommunications Holdings's current ROCE % is 10.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmarTone Telecommunications Holdings stock overvalued right now?
Based on GuruFocus' analysis, SmarTone Telecommunications Holdings (HKSE:00315) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$4.07, compared to a current price of HK$4.78 — trading 17.4% above its estimated fair value. The current ROCE % is 10.41% and 36.4% above the Telecommunication Services industry median of 7.63. SmarTone Telecommunications Holdings' overall GF Score™ is 71/100 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 SmarTone Telecommunications Holdings (HKSE:00315), the current ROCE % is 10.41% 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 SmarTone Telecommunications Holdings (HKSE:00315) Overvalued in 2026?
Based on GuruFocus' analysis, SmarTone Telecommunications Holdings stock appears to be overvalued.
The current stock price of HK$4.78 is trading 17.4% above its estimated GF Value™ of HK$4.07.
GuruFocus considers SmarTone Telecommunications Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:00315:
ROCE %: 10.41%
GF Value™: HK$4.07 vs. price of HK$4.78 (17.4% above fair value)
Industry Position: 36.4% above the Telecommunication Services median
No single metric tells the full story. See the HKSE:00315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SmarTone Telecommunications Holdings Business Description
SmarTone Telecommunications Holdings Ltd provides mobile and broadband services for household and corporate customers. The majority of overall company revenue comes from selling handsets and associated accessories. The group's customers are post-paid. It operates in one reportable segment, which is mobile telecommunications business.
71GF Score
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