A.Plus Group Holdings (HKSE:01841) ROCE %: -7.86% (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.

HKSE:01841 A.Plus Group Holdings Ltd HKSE:01841
57 GF Score
Price HK$0.50
GF Value HK$0.22
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is A.Plus Group Holdings ROCE %?

A.Plus Group Holdings HKSE:01841 +19.05% 57 ROCE % is -7.86% as of Mar. 2026. GuruFocus rates HKSE:01841 with a GF Score™ of 57/100 and a GF Value™ of HK$0.22 (Significantly Overvalued). 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. A.Plus Group Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was -7.86%.

A.Plus Group Holdings  (HKSE:01841) 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.

A.Plus Group Holdings ROCE % Related Terms

A.Plus Group Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for A.Plus Group 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.

A.Plus Group Holdings ROCE % Chart

A.Plus Group 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 10.00 21.61 9.38 -0.99 3.79

A.Plus Group 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 -10.49 20.32 -22.50 15.63 -7.86
HKSE:01841
57GF Score
A.Plus Group Holdings Ltd HKSE:01841
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

A.Plus Group Holdings ROCE % Calculation

A.Plus Group 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 )
=4.221/( ( (129.494 - 21.793) + (144.441 - 29.156) )/ 2 )
=4.221/( (107.701+115.285)/ 2 )
=4.221/111.493
=3.79 %

A.Plus Group 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 )
=-9.138/( ( (141.066 - 23.821) + (144.441 - 29.156) )/ 2 )
=-9.138/( ( 117.245 + 115.285 )/ 2 )
=-9.138/116.265
=-7.86 %

(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 -7.86% mean?
A.Plus Group Holdings (HKSE:01841) has a ROCE % of -7.86% as of Mar. 2026.
Is A.Plus Group Holdings' ROCE % too high?
A.Plus Group Holdings' current ROCE % is -7.86%. Overall, A.Plus Group Holdings has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does A.Plus Group Holdings' ROCE % compare to CTAS and CPRT?
A.Plus Group Holdings' ROCE % of -7.86% can be compared against companies in the Business Services industry. The industry median ROCE % is 9.15. 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 Business Services company?
The median ROCE % among Business Services companies is 9.15, based on 1,071 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 Business Services industry, the median ROCE % is 9.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A.Plus Group Holdings's current ROCE % is -7.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A.Plus Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, A.Plus Group Holdings (HKSE:01841) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.22, compared to a current price of HK$0.50 — trading 127.3% above its estimated fair value. The current ROCE % is -7.86%. A.Plus Group Holdings' overall GF Score™ is 57/100 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 A.Plus Group Holdings (HKSE:01841), the current ROCE % is -7.86% 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 A.Plus Group Holdings (HKSE:01841) Overvalued in 2026?

Based on GuruFocus' analysis, A.Plus Group Holdings stock appears to be overvalued. The current stock price of HK$0.50 is trading 127.3% above its estimated GF Value™ of HK$0.22. GuruFocus considers A.Plus Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01841:

  • ROCE %: -7.86%
  • GF Value™: HK$0.22 vs. price of HK$0.50 (127.3% above fair value)
  • GF Score™: 57/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

A.Plus Group Holdings Business Description

Address 35-45B Bonham Strand, 2nd Floor, Sheung Wan, Hong Kong, HKG
A.Plus Group Holdings Ltd is a Hong Kong-based investment holding company. It is principally engaged in the provision of financial printing services. Geographically, it derives revenue from Hong Kong. The company provides typesetting, design, translation, printing and delivery services in relation to financial reports, company announcements, shareholders circulars, debt offering documents, IPO prospectuses, and other documents.
57GF Score

Get the complete analysis for HKSE:01841

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

HK$0.50
Price
HK$0.22
GF Value