Asia Grocery Distribution (HKSE:08413) ROCE %: 5.20% (As of Mar. 2026)

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What is Asia Grocery Distribution ROCE %?

Asia Grocery Distribution HKSE:08413 +1.89% ROCE % is 5.20% as of Mar. 2026. The stock has 1 warning sign 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. Asia Grocery Distribution's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.20%.

Asia Grocery Distribution  (HKSE:08413) 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.

Asia Grocery Distribution ROCE % Related Terms

Asia Grocery Distribution ROCE % Historical Data

* Premium members only.

The historical data trend for Asia Grocery Distribution'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.

Asia Grocery Distribution ROCE % Chart

Asia Grocery Distribution 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 -0.97 -2.98 2.55 2.47 2.68

Asia Grocery Distribution 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 4.32 0.73 4.27 0.17 5.20

Asia Grocery Distribution ROCE % Calculation

Asia Grocery Distribution'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 )
=2.776/( ( (125.133 - 24.456) + (131.632 - 25.524) )/ 2 )
=2.776/( (100.677+106.108)/ 2 )
=2.776/103.3925
=2.68 %

Asia Grocery Distribution'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 )
=5.382/( ( (125.628 - 24.891) + (131.632 - 25.524) )/ 2 )
=5.382/( ( 100.737 + 106.108 )/ 2 )
=5.382/103.4225
=5.20 %

(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 5.20% mean?
Asia Grocery Distribution (HKSE:08413) has a ROCE % of 5.20% as of Mar. 2026.
Is Asia Grocery Distribution's ROCE % too high?
Asia Grocery Distribution's current ROCE % is 5.20%. The Retail - Defensive industry median ROCE % is 9.44. Asia Grocery Distribution's value of 5.20% is 44.9% below this industry median.
How does Asia Grocery Distribution's ROCE % compare to SYY and USFD?
Asia Grocery Distribution's ROCE % of 5.20% can be compared against companies in the Retail - Defensive industry. The industry median ROCE % is 9.44. Asia Grocery Distribution's value of 5.20% is 44.9% 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 Retail - Defensive company?
The median ROCE % among Retail - Defensive companies is 9.44, based on 305 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. Asia Grocery Distribution's current ROCE % of 5.20% is 44.9% 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 Retail - Defensive industry, the median ROCE % is 9.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Grocery Distribution's current ROCE % is 5.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Grocery Distribution stock overvalued right now?
Based on GuruFocus' analysis, Asia Grocery Distribution (HKSE:08413) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.05 — trading 55% below its estimated fair value. The current ROCE % is 5.20% and 44.9% below the Retail - Defensive industry median of 9.44. 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 Asia Grocery Distribution (HKSE:08413), the current ROCE % is 5.20% 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.

Asia Grocery Distribution Business Description

Address No. 22 Sze Shan Street, The Whole of Upper Ground Floor, Mai Tong Industrial Building, Kowloon, Hong Kong, HKG
Asia Grocery Distribution Ltd is engaged in distributing food and beverage groceries to a wide array of customers, including restaurants, non-commercial dining establishments, hotels, private clubs, food processing operators, and wholesalers in Hong Kong. It also offers Kitchen and hygiene products, including food wrap and food-related products such as cling film, baking sheet, and foil, cleaning products such as detergent, bleach, and liquid soap, and others such as tissue paper, toothpicks, and towels, hygiene products such as face masks and gloves. The company distributes its products to Hong Kong, China, Greece, and Italy.