Macau E&M Holding (HKSE:01408) ROCE %: 2.29% (As of Dec. 2025)

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.

HKSE:01408 Macau E&M Holding Ltd HKSE:01408
55 GF Score
Price HK$0.34
GF Value HK$0.10
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Macau E&M Holding ROCE %?

Macau E&M Holding HKSE:01408 -1.47% 55 ROCE % is 2.29% as of Dec. 2025. GuruFocus rates HKSE:01408 with a GF Score™ of 55/100 and a GF Value™ of HK$0.10 (Significantly Overvalued). The stock has 5 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. Macau E&M Holding's annualized ROCE % for the quarter that ended in Dec. 2025 was 2.29%.


Macau E&M Holding  (HKSE:01408) 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.


Macau E&M Holding ROCE % Related Terms


Macau E&M Holding ROCE % Historical Data

* Premium members only.

The historical data trend for Macau E&M 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.

Macau E&M Holding ROCE % Chart

Macau E&M Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only 13.03 4.69 -1.70 -1.05 1.12

Macau E&M Holding Semi-Annual Data
Dec17 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 1.44 -3.81 1.72 -0.04 2.29
HKSE:01408
55GF Score
Macau E&M Holding Ltd HKSE:01408
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macau E&M Holding ROCE % Calculation

Macau E&M 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 )
=2.366/( ( (231.759 - 23.021) + (230.777 - 17.413) )/ 2 )
=2.366/( (208.738+213.364)/ 2 )
=2.366/211.051
=1.12 %

Macau E&M Holding'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 )
=4.818/( ( (220.486 - 12.272) + (230.777 - 17.413) )/ 2 )
=4.818/( ( 208.214 + 213.364 )/ 2 )
=4.818/210.789
=2.29 %

(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 2.29% mean?
Macau E&M Holding (HKSE:01408) has a ROCE % of 2.29% as of Dec. 2025.
Is Macau E&M Holding's ROCE % too high?
Macau E&M Holding's current ROCE % is 2.29%. The Construction industry median ROCE % is 8.27. Macau E&M Holding's value of 2.29% is 72.3% below this industry median. Overall, Macau E&M Holding has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macau E&M Holding's ROCE % compare to PWR and FIX?
Macau E&M Holding's ROCE % of 2.29% can be compared against companies in the Construction industry. The industry median ROCE % is 8.27. Macau E&M Holding's value of 2.29% is 72.3% 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 Construction company?
The median ROCE % among Construction companies is 8.27, based on 1,760 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. Macau E&M Holding's current ROCE % of 2.29% is 72.3% 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 Construction industry, the median ROCE % is 8.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macau E&M Holding's current ROCE % is 2.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macau E&M Holding stock overvalued right now?
Based on GuruFocus' analysis, Macau E&M Holding (HKSE:01408) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.34 — trading 235% above its estimated fair value. The current ROCE % is 2.29% and 72.3% below the Construction industry median of 8.27. Macau E&M Holding's overall GF Score™ is 55/100 with 5 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 Macau E&M Holding (HKSE:01408), the current ROCE % is 2.29% 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 Macau E&M Holding (HKSE:01408) Overvalued in 2026?

Based on GuruFocus' analysis, Macau E&M Holding stock appears to be overvalued. The current stock price of HK$0.34 is trading 235% above its estimated GF Value™ of HK$0.10. GuruFocus considers Macau E&M Holding to be Significantly Overvalued.

Key valuation signals for HKSE:01408:

  • ROCE %: 2.29%
  • GF Value™: HK$0.10 vs. price of HK$0.34 (235% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 72.3% below the Construction median

No single metric tells the full story. See the HKSE:01408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macau E&M Holding Business Description

Address Avenida da Concordia, NO. 175 - 181, Tower B and D, 10th floor, Edificio Industrial Wang Fu, Macao, MAC
Macau E&M Holding Ltd is an Electrical & Mechanical engineering services works contractor in Macau. The company provides a comprehensive mix of E&M engineering services works based on the contractual needs of its customers in Macau, which involve a combination of the supply and/or installation of LV systems works; HVAC systems work; and ELV systems work, and the relevant testing and commissioning thereof, as well as management and monitoring of quality and delivery of its E&M engineering services, works. It also provides maintenance and repair services to its customers.
55GF Score

Get the complete analysis for HKSE:01408

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

HK$0.34
Price
HK$0.10
GF Value