CPM Group (HKSE:01932) ROCE %: -6.36% (As of Dec. 2025)


HKSE:01932 CPM Group Ltd HKSE:01932
32 GF Score
Price HK$0.18
GF Value HK$0.12
Valuation Significantly Overvalued
! 2 Warning Signs
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What is CPM Group ROCE %?

CPM Group HKSE:01932 +2.27% 32 ROCE % is -6.36% as of Dec. 2025. GuruFocus rates HKSE:01932 with a GF Score™ of 32/100 and a GF Value™ of HK$0.12 (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. CPM Group's annualized ROCE % for the quarter that ended in Dec. 2025 was -6.36%.

CPM Group  (HKSE:01932) 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.

CPM Group ROCE % Related Terms

CPM Group ROCE % Historical Data

* Premium members only.

The historical data trend for CPM Group'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.

CPM Group ROCE % Chart

CPM Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.88 -16.35 -9.72 -6.83 -7.36

CPM Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.41 -2.65 -11.42 -8.97 -6.36
HKSE:01932
32GF Score
CPM Group Ltd HKSE:01932
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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CPM Group ROCE % Calculation

CPM Group'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 )
=-39.403/( ( (803.996 - 270.259) + (706.675 - 169.55) )/ 2 )
=-39.403/( (533.737+537.125)/ 2 )
=-39.403/535.431
=-7.36 %

CPM Group'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 )
=-32.746/( ( (716.969 - 223.793) + (706.675 - 169.55) )/ 2 )
=-32.746/( ( 493.176 + 537.125 )/ 2 )
=-32.746/515.1505
=-6.36 %

(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 -6.36% mean?
CPM Group (HKSE:01932) has a ROCE % of -6.36% as of Dec. 2025.
Is CPM Group's ROCE % too high?
CPM Group's current ROCE % is -6.36%. Overall, CPM Group has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CPM Group's ROCE % compare to LIN and SHW?
CPM Group's ROCE % of -6.36% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.47. 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.47, based on 1,585 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 Chemicals industry, the median ROCE % is 6.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPM Group's current ROCE % is -6.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPM Group stock overvalued right now?
Based on GuruFocus' analysis, CPM Group (HKSE:01932) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.18 — trading 50% above its estimated fair value. The current ROCE % is -6.36%. CPM Group's overall GF Score™ is 32/100 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 CPM Group (HKSE:01932), the current ROCE % is -6.36% 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 CPM Group (HKSE:01932) Overvalued in 2026?

Based on GuruFocus' analysis, CPM Group stock appears to be overvalued. The current stock price of HK$0.18 is trading 50% above its estimated GF Value™ of HK$0.12. GuruFocus considers CPM Group to be Significantly Overvalued.

Key valuation signals for HKSE:01932:

  • ROCE %: -6.36%
  • GF Value™: HK$0.12 vs. price of HK$0.18 (50% above fair value)
  • GF Score™: 32/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01932 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CPM Group Business Description

Address 338 Hennessy Road, 31st Floor, CNT Tower, Wanchai, Hong Kong, HKG
CPM Group Ltd is an investment holding company mainly engaged in the manufacture and sale of paint and coating products. The company has two reportable operating segments: the Paint Products segment which derives key revenue and participates in manufacturing and selling paint and coating products; and the Property Investment segment invests in industrial properties for their rental income potential. The company's principal products include industrial paint and coating products, architectural paint and coating products, general paint and coating, and ancillary products. It mainly distributes its products in the Mainland China and Hong Kong markets. The company derives the majority of revenue from Mainland China.
32GF Score

Get the complete analysis for HKSE:01932

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

HK$0.18
Price
HK$0.12
GF Value