Migao Group Holdings (HKSE:09879) ROCE %: 22.64% (As of Mar. 2026)

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HKSE:09879 Migao Group Holdings Ltd HKSE:09879
44 GF Score
Price HK$9.49
! 6 Warning Signs
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What is Migao Group Holdings ROCE %?

Migao Group Holdings HKSE:09879 +1.28% 44 ROCE % is 22.64% as of Mar. 2026. GuruFocus rates HKSE:09879 with a GF Score™ of 44/100. The stock has 6 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. Migao Group Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was 22.64%.

Migao Group Holdings  (HKSE:09879) 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.

Migao Group Holdings ROCE % Related Terms

Migao Group Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Migao Group Holdings'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.

Migao Group Holdings ROCE % Chart

Migao Group Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 50.33 36.88 15.60 14.68 15.36

Migao Group Holdings Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only 19.18 7.40 22.16 8.07 22.64
HKSE:09879
44GF Score
Migao Group Holdings Ltd HKSE:09879
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Migao Group Holdings ROCE % Calculation

Migao Group Holdings'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 )
=549.625/( ( (5625.344 - 2318.048) + (6796.587 - 2945.879) )/ 2 )
=549.625/( (3307.296+3850.708)/ 2 )
=549.625/3579.002
=15.36 %

Migao Group Holdings'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 )
=818.7/( ( (5249.225 - 1868.751) + (6796.587 - 2945.879) )/ 2 )
=818.7/( ( 3380.474 + 3850.708 )/ 2 )
=818.7/3615.591
=22.64 %

(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 22.64% mean?
Migao Group Holdings (HKSE:09879) has a ROCE % of 22.64% as of Mar. 2026.
Is Migao Group Holdings' ROCE % too high?
Migao Group Holdings' current ROCE % is 22.64%. The Agriculture industry median ROCE % is 9.42. Migao Group Holdings' value of 22.64% is 140.3% above this industry median. Overall, Migao Group Holdings has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Migao Group Holdings' ROCE % compare to CTVA and CF?
Migao Group Holdings' ROCE % of 22.64% can be compared against companies in the Agriculture industry. The industry median ROCE % is 9.42. Migao Group Holdings' value of 22.64% is 140.3% 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 an Agriculture company?
The median ROCE % among Agriculture companies is 9.42, based on 254 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. Migao Group Holdings's current ROCE % of 22.64% is 140.3% 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 Agriculture industry, the median ROCE % is 9.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Migao Group Holdings's current ROCE % is 22.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migao Group Holdings stock overvalued right now?
Migao Group Holdings (HKSE:09879) has a current ROCE % of 22.64%. The current ROCE % is 22.64% and 140.3% above the Agriculture industry median of 9.42. Migao Group Holdings' overall GF Score™ is 44/100 with 6 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 Migao Group Holdings (HKSE:09879), the current ROCE % is 22.64% 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.

Migao Group Holdings Business Description

Address Qingzhou Development Zone, East Park, Cangjiang Industrial Park, Gaoming District, Foshan, CHN
Migao Group Holdings Ltd is a national potash fertilizer company in China with sourcing and procurement, processing, and manufacturing. It sells various potash fertilizer products, including KCL, SOP, NOP, and compound fertilizers and Others. Geographically, the company generates a majority of its revenue from its business in the People's Republic of China.
44GF 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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