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Circuit Fabology Microelectronics Equipment Co (HKSE:09630) 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.
Circuit Fabology Microelectronics Equipment Co ROCE % Related Terms
Circuit Fabology Microelectronics Equipment Co 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.
Circuit Fabology Microelectronics Equipment Co ROCE % Chart
Circuit Fabology Microelectronics Equipment Co Annual Data
(1) Note:
The EBIT data used here is four times the quarterly (Jun. 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.
Circuit Fabology Microelectronics Equipment Co (HKSE:09630) has a ROCE % of 20.64% as of Jun. 2026.
Is Circuit Fabology Microelectronics Equipment Co's ROCE % too high?
Circuit Fabology Microelectronics Equipment Co's current ROCE % is 20.64%. The Hardware industry median ROCE % is 6.57. Circuit Fabology Microelectronics Equipment Co's value of 20.64% is 214.2% above this industry median. Overall, Circuit Fabology Microelectronics Equipment Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Circuit Fabology Microelectronics Equipment Co's ROCE % compare to APH and GLW?
Circuit Fabology Microelectronics Equipment Co's ROCE % of 20.64% can be compared against companies in the Hardware industry. The industry median ROCE % is 6.57. Circuit Fabology Microelectronics Equipment Co's value of 20.64% is 214.2% 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 Hardware company?
The median ROCE % among Hardware companies is 6.57, based on 2,453 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. Circuit Fabology Microelectronics Equipment Co's current ROCE % of 20.64% is 214.2% 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 Hardware industry, the median ROCE % is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Circuit Fabology Microelectronics Equipment Co's current ROCE % is 20.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circuit Fabology Microelectronics Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Circuit Fabology Microelectronics Equipment Co (HKSE:09630) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$158.22, compared to a current price of HK$342.00 — trading 116.2% above its estimated fair value. The current ROCE % is 20.64% and 214.2% above the Hardware industry median of 6.57. Circuit Fabology Microelectronics Equipment Co's overall GF Score™ is 62/100 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 Circuit Fabology Microelectronics Equipment Co (HKSE:09630), the current ROCE % is 20.64% as of Jun. 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 Circuit Fabology Microelectronics Equipment Co (HKSE:09630) Overvalued in 2026?
Based on GuruFocus' analysis, Circuit Fabology Microelectronics Equipment Co stock appears to be overvalued.
The current stock price of HK$342.00 is trading 116.2% above its estimated GF Value™ of HK$158.22.
GuruFocus considers Circuit Fabology Microelectronics Equipment Co to be Significantly Overvalued.
Key valuation signals for HKSE:09630:
ROCE %: 20.64%
GF Value™: HK$158.22 vs. price of HK$342.00 (116.2% above fair value)
Industry Position: 214.2% above the Hardware median
No single metric tells the full story. See the HKSE:09630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Circuit Fabology Microelectronics Equipment Co Ltd specializes in micro-nano direct writing, research and development and production of direct imaging equipment and direct-write lithography equipment with lithography as the core technology. The main products and services include printed circuit board direct imaging equipment and automatic line systems, pan-semiconductor direct writing lithography equipment and automatic line systems, and other laser direct imaging equipment.
62GF Score
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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