Michelmersh Brick Holdings (LSE:MBH) ROCE %: 3.10% (As of Dec. 2025)


LSE:MBH Michelmersh Brick Holdings PLC LSE:MBH
56 GF Score
Price £0.78
GF Value £0.97
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Michelmersh Brick Holdings ROCE %?

Michelmersh Brick Holdings LSE:MBH 56 ROCE % is 3.10% as of Dec. 2025. GuruFocus rates LSE:MBH with a GF Score™ of 56/100 and a GF Value™ of £0.97 (Modestly Undervalued). The stock has 7 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. Michelmersh Brick Holdings's annualized ROCE % for the quarter that ended in Dec. 2025 was 3.10%.

Michelmersh Brick Holdings  (LSE:MBH) 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.

Michelmersh Brick Holdings ROCE % Related Terms

Michelmersh Brick Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Michelmersh Brick 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.

Michelmersh Brick Holdings ROCE % Chart

Michelmersh Brick Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.80 11.25 11.74 7.56 4.18

Michelmersh Brick Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 12.18 7.61 7.76 5.26 3.10
LSE:MBH
56GF Score
Michelmersh Brick Holdings PLC LSE:MBH
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Michelmersh Brick Holdings ROCE % Calculation

Michelmersh Brick Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=4.689/( ( (126.962 - 13.187) + (125.02 - 14.487) )/ 2 )
=4.689/( (113.775+110.533)/ 2 )
=4.689/112.154
=4.18 %

Michelmersh Brick Holdings's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=3.442/( ( (129.794 - 17.945) + (125.02 - 14.487) )/ 2 )
=3.442/( ( 111.849 + 110.533 )/ 2 )
=3.442/111.191
=3.10 %

(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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 3.10% mean?
Michelmersh Brick Holdings (LSE:MBH) has a ROCE % of 3.10% as of Dec. 2025.
Is Michelmersh Brick Holdings' ROCE % too high?
Michelmersh Brick Holdings' current ROCE % is 3.10%. The Building Materials industry median ROCE % is 5.95. Michelmersh Brick Holdings' value of 3.10% is 47.9% below this industry median. Overall, Michelmersh Brick Holdings has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Michelmersh Brick Holdings' ROCE % compare to CRH and VMC?
Michelmersh Brick Holdings' ROCE % of 3.10% can be compared against companies in the Building Materials industry. The industry median ROCE % is 5.95. Michelmersh Brick Holdings' value of 3.10% is 47.9% 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 Building Materials company?
The median ROCE % among Building Materials companies is 5.95, based on 407 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. Michelmersh Brick Holdings's current ROCE % of 3.10% is 47.9% 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 Building Materials industry, the median ROCE % is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Michelmersh Brick Holdings's current ROCE % is 3.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Michelmersh Brick Holdings stock overvalued right now?
Based on GuruFocus' analysis, Michelmersh Brick Holdings (LSE:MBH) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.97, compared to a current price of £0.78 — trading 19.6% below its estimated fair value. The current ROCE % is 3.10% and 47.9% below the Building Materials industry median of 5.95. Michelmersh Brick Holdings' overall GF Score™ is 56/100 with 7 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 Michelmersh Brick Holdings (LSE:MBH), the current ROCE % is 3.10% 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 Michelmersh Brick Holdings (LSE:MBH) Overvalued in 2026?

Based on GuruFocus' analysis, Michelmersh Brick Holdings stock appears to be undervalued. The current stock price of £0.78 is trading 19.6% below its estimated GF Value™ of £0.97. GuruFocus considers Michelmersh Brick Holdings to be Modestly Undervalued.

Key valuation signals for LSE:MBH:

  • ROCE %: 3.10%
  • GF Value™: £0.97 vs. price of £0.78 (19.6% below fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 47.9% below the Building Materials median

No single metric tells the full story. See the LSE:MBH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Michelmersh Brick Holdings Business Description

Other Exchanges MPO:Germany
Address Freshfield Lane, Danehill, Haywards Heath, West Sussex, GBR, RH17 7HH
Michelmersh Brick Holdings PLC is a business with brands, namely, Blockleys, Carlton, FabSpeed, Freshfield Lane, Michelmersh, Floren and Hathern Terra Cotta. These divisions operate within a fully integrated business combining the manufacture of clay bricks and pavers. The Group also includes a landfill operator, New Acres Ltd, and seeks to develop future landfill and development opportunities on ancillary land assets. It currently owns the UK's premium manufacturing brick brands and is a specification brick and clay paving manufacturer. Geographically, the majority is derived from the United Kingdom.
56GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.78
Price
£0.97
GF Value