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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. ManpowerGroup Greater China's annualized ROCE % for the quarter that ended in Dec. 2025 was 22.04%.
ManpowerGroup Greater China (HKSE:02180) 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.
ManpowerGroup Greater China ROCE % Related Terms
ManpowerGroup Greater China ROCE % Historical 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.
(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.
ManpowerGroup Greater China (HKSE:02180) has a ROCE % of 22.04% as of Dec. 2025.
Is ManpowerGroup Greater China's ROCE % too high?
ManpowerGroup Greater China's current ROCE % is 22.04%. The Business Services industry median ROCE % is 9.16. ManpowerGroup Greater China's value of 22.04% is 140.6% above this industry median. Overall, ManpowerGroup Greater China has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ManpowerGroup Greater China's ROCE % compare to KFY and RHI?
ManpowerGroup Greater China's ROCE % of 22.04% can be compared against companies in the Business Services industry. The industry median ROCE % is 9.16. ManpowerGroup Greater China's value of 22.04% is 140.6% 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 Business Services company?
The median ROCE % among Business Services companies is 9.16, 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. ManpowerGroup Greater China's current ROCE % of 22.04% is 140.6% 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 Business Services industry, the median ROCE % is 9.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ManpowerGroup Greater China's current ROCE % is 22.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ManpowerGroup Greater China stock overvalued right now?
Based on GuruFocus' analysis, ManpowerGroup Greater China (HKSE:02180) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$6.69, compared to a current price of HK$4.61 — trading 31.2% below its estimated fair value. The current ROCE % is 22.04% and 140.6% above the Business Services industry median of 9.16. ManpowerGroup Greater China's overall GF Score™ is 93/100 with 3 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 ManpowerGroup Greater China (HKSE:02180), the current ROCE % is 22.04% 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 ManpowerGroup Greater China (HKSE:02180) Overvalued in 2026?
Based on GuruFocus' analysis, ManpowerGroup Greater China stock appears to be undervalued.
The current stock price of HK$4.61 is trading 31.2% below its estimated GF Value™ of HK$6.69.
GuruFocus considers ManpowerGroup Greater China to be Significantly Undervalued.
Key valuation signals for HKSE:02180:
ROCE %: 22.04%
GF Value™: HK$6.69 vs. price of HK$4.61 (31.2% below fair value)
Industry Position: 140.6% above the Business Services median
No single metric tells the full story. See the HKSE:02180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ManpowerGroup Greater China Ltd is engaged in the business of workforce solutions and services around the world in regions outside of Greater China; It provides flexible employment, talent hunting, recruitment process outsourcing, talent management, and training development. The segments of the company include The Workforce Solutions segment includes Flexible staffing services and Recruitment solutions services, and the Other HR Services segment provides HR services to customers who need assistance in outplacement, leadership development, career management, talent assessment, and training and development services. The company derives a majority of its revenue from the People's Republic of China, while it also has its presence in Hong Kong and Macau, and Taiwan.
93GF Score
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