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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. Tak Lee Machinery Holdings's annualized ROCE % for the quarter that ended in Jan. 2026 was 6.90%.
Tak Lee Machinery Holdings (HKSE:02102) 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.
* 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 (Jan. 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.
Tak Lee Machinery Holdings (HKSE:02102) has a ROCE % of 6.90% as of Jan. 2026.
Is Tak Lee Machinery Holdings' ROCE % too high?
Tak Lee Machinery Holdings' current ROCE % is 6.90%. The Farm & Heavy Construction Machinery industry median ROCE % is 9.15. Tak Lee Machinery Holdings' value of 6.90% is 24.6% below this industry median. Overall, Tak Lee Machinery Holdings has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tak Lee Machinery Holdings' ROCE % compare to CAT and DE?
Tak Lee Machinery Holdings' ROCE % of 6.90% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median ROCE % is 9.15. Tak Lee Machinery Holdings' value of 6.90% is 24.6% 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 Farm & Heavy Construction Machinery company?
The median ROCE % among Farm & Heavy Construction Machinery companies is 9.15, based on 205 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. Tak Lee Machinery Holdings's current ROCE % of 6.90% is 24.6% 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 Farm & Heavy Construction Machinery industry, the median ROCE % is 9.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tak Lee Machinery Holdings's current ROCE % is 6.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tak Lee Machinery Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tak Lee Machinery Holdings (HKSE:02102) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.30 — trading 76.5% above its estimated fair value. The current ROCE % is 6.90% and 24.6% below the Farm & Heavy Construction Machinery industry median of 9.15. Tak Lee Machinery Holdings' overall GF Score™ is 50/100 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 Tak Lee Machinery Holdings (HKSE:02102), the current ROCE % is 6.90% as of Jan. 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 Tak Lee Machinery Holdings (HKSE:02102) Overvalued in 2026?
Based on GuruFocus' analysis, Tak Lee Machinery Holdings stock appears to be overvalued.
The current stock price of HK$0.30 is trading 76.5% above its estimated GF Value™ of HK$0.17.
GuruFocus considers Tak Lee Machinery Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02102:
ROCE %: 6.90%
GF Value™: HK$0.17 vs. price of HK$0.30 (76.5% above fair value)
Industry Position: 24.6% below the Farm & Heavy Construction Machinery median
No single metric tells the full story. See the HKSE:02102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tak Lee Machinery Holdings Ltd is an earthmoving equipment sales and leasing service provider. The Group has three operating segments: Sales of heavy equipment and spare parts, which involves trading heavy equipment and spare parts in Hong Kong; Lease of heavy equipment, which covers the leasing of heavy equipment and the provision of machine operators in Hong Kong; and Repair, logistics, and other ancillary services, which include repair and logistics support in Hong Kong. The Group generates the majority of revenue from the Sales of heavy equipment and spare parts segment. Geographically, it derives its revenue from Hong Kong.
50GF Score
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