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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. BlackRockorate High Yield Fund's annualized ROCE % for the quarter that ended in Dec. 2025 was 10.42%.
BlackRockorate High Yield Fund (NYSE:HYT) 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.
BlackRockorate High Yield Fund ROCE % Related Terms
BlackRockorate High Yield Fund 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.
BlackRockorate High Yield Fund (HYT) has a ROCE % of 10.42% as of Dec. 2025.
Is BlackRockorate High Yield Fund's ROCE % too high?
BlackRockorate High Yield Fund's current ROCE % is 10.42%. The Asset Management industry median ROCE % is 4.80. BlackRockorate High Yield Fund's value of 10.42% is 117.1% above this industry median. Overall, BlackRockorate High Yield Fund has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does BlackRockorate High Yield Fund's ROCE % compare to HQH and MSDL?
BlackRockorate High Yield Fund's ROCE % of 10.42% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.80. BlackRockorate High Yield Fund's value of 10.42% is 117.1% 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 Asset Management company?
The median ROCE % among Asset Management companies is 4.80, based on 702 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. BlackRockorate High Yield Fund's current ROCE % of 10.42% is 117.1% 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 Asset Management industry, the median ROCE % is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRockorate High Yield Fund's current ROCE % is 10.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRockorate High Yield Fund stock overvalued right now?
BlackRockorate High Yield Fund (HYT) has a current ROCE % of 10.42%. The current ROCE % is 10.42% and 117.1% above the Asset Management industry median of 4.80. BlackRockorate High Yield Fund's overall GF Score™ is 29/100 with 4 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 BlackRockorate High Yield Fund (HYT), the current ROCE % is 10.42% 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.
BlackRock Corporate High Yield Fund Inc is a diversified, closed-end management investment company. Its primary investment objective is to provide shareholders with current income. The trust's secondary investment objective is to provide shareholders with capital appreciation. Under Normal market conditions, the fund invests at least 80% of its net assets in high-yield securities of corporate issuers and derivatives that provide exposure to those securities or related market risk factors.
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