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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. VSTECS Holdings's annualized ROCE % for the quarter that ended in Dec. 2025 was 18.88%.
VSTECS Holdings (HKSE:00856) 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.
VSTECS Holdings ROCE % Related Terms
VSTECS Holdings ROCE % Historical Data
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The historical data trend for VSTECS 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.
(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.
VSTECS Holdings (HKSE:00856) has a ROCE % of 18.88% as of Dec. 2025.
Is VSTECS Holdings' ROCE % too high?
VSTECS Holdings' current ROCE % is 18.88%. The Software industry median ROCE % is 5.29. VSTECS Holdings' value of 18.88% is 256.9% above this industry median. Overall, VSTECS Holdings has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VSTECS Holdings' ROCE % compare to IBM and ACN?
VSTECS Holdings' ROCE % of 18.88% can be compared against companies in the Software industry. The industry median ROCE % is 5.29. VSTECS Holdings' value of 18.88% is 256.9% 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 Software company?
The median ROCE % among Software companies is 5.29, based on 2,725 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. VSTECS Holdings's current ROCE % of 18.88% is 256.9% 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 Software industry, the median ROCE % is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VSTECS Holdings's current ROCE % is 18.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSTECS Holdings stock overvalued right now?
Based on GuruFocus' analysis, VSTECS Holdings (HKSE:00856) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$6.41, compared to a current price of HK$9.58 — trading 49.5% above its estimated fair value. The current ROCE % is 18.88% and 256.9% above the Software industry median of 5.29. VSTECS Holdings' overall GF Score™ is 88/100 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 VSTECS Holdings (HKSE:00856), the current ROCE % is 18.88% 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 VSTECS Holdings (HKSE:00856) Overvalued in 2026?
Based on GuruFocus' analysis, VSTECS Holdings stock appears to be overvalued.
The current stock price of HK$9.58 is trading 49.5% above its estimated GF Value™ of HK$6.41.
GuruFocus considers VSTECS Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:00856:
ROCE %: 18.88%
GF Value™: HK$6.41 vs. price of HK$9.58 (49.5% above fair value)
Industry Position: 256.9% above the Software median
No single metric tells the full story. See the HKSE:00856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VSTECS Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the development of an information technology (IT) product channel and the provision of technical solution integration services. The group's business segments include Consumer electronics, Enterprise systems, and Cloud computing. A majority of its revenue is generated from the Enterprise systems segment, which provides enterprise system tools (middleware, operating systems, Unix/NT servers, databases, and storage) for IT infrastructure and IT infrastructure design and implementation, training, maintenance, and support services. Geographically, the group generates maximum revenue from North Asia and the rest from Southeast Asia.
88GF Score
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