Grand Harbour Marina (MAL:GHM) ROCE %: 16.51% (As of Dec. 2025)


MAL:GHM Grand Harbour Marina PLC MAL:GHM
52 GF Score
Price €0.95
GF Value €0.80
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Grand Harbour Marina ROCE %?

Grand Harbour Marina MAL:GHM 52 ROCE % is 16.51% as of Dec. 2025. GuruFocus rates MAL:GHM with a GF Score™ of 52/100 and a GF Value™ of €0.80 (Modestly Overvalued). The stock has 8 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. Grand Harbour Marina's annualized ROCE % for the quarter that ended in Dec. 2025 was 16.51%.

Grand Harbour Marina  (MAL:GHM) 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.

Grand Harbour Marina ROCE % Related Terms

Grand Harbour Marina ROCE % Historical Data

* Premium members only.

The historical data trend for Grand Harbour Marina'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.

Grand Harbour Marina ROCE % Chart

Grand Harbour Marina 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 2.32 11.56 16.43 19.46 14.43

Grand Harbour Marina 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 27.32 27.78 11.33 12.57 16.51
MAL:GHM
52GF Score
Grand Harbour Marina PLC MAL:GHM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Grand Harbour Marina ROCE % Calculation

Grand Harbour Marina'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 )
=5.033/( ( (38.109 - 3.694) + (38.581 - 3.238) )/ 2 )
=5.033/( (34.415+35.343)/ 2 )
=5.033/34.879
=14.43 %

Grand Harbour Marina'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 )
=5.748/( ( (37.45 - 3.147) + (38.581 - 3.238) )/ 2 )
=5.748/( ( 34.303 + 35.343 )/ 2 )
=5.748/34.823
=16.51 %

(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 16.51% mean?
Grand Harbour Marina (MAL:GHM) has a ROCE % of 16.51% as of Dec. 2025.
Is Grand Harbour Marina's ROCE % too high?
Grand Harbour Marina's current ROCE % is 16.51%. The Travel & Leisure industry median ROCE % is 6.08. Grand Harbour Marina's value of 16.51% is 171.8% above this industry median. Overall, Grand Harbour Marina has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Harbour Marina's ROCE % compare to AS and HAS?
Grand Harbour Marina's ROCE % of 16.51% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.08. Grand Harbour Marina's value of 16.51% is 171.8% 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 Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.08, based on 838 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. Grand Harbour Marina's current ROCE % of 16.51% is 171.8% 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 Travel & Leisure industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Harbour Marina's current ROCE % is 16.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Harbour Marina stock overvalued right now?
Based on GuruFocus' analysis, Grand Harbour Marina (MAL:GHM) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.80, compared to a current price of €0.95 — trading 18.8% above its estimated fair value. The current ROCE % is 16.51% and 171.8% above the Travel & Leisure industry median of 6.08. Grand Harbour Marina's overall GF Score™ is 52/100 with 8 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 Grand Harbour Marina (MAL:GHM), the current ROCE % is 16.51% 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 Grand Harbour Marina (MAL:GHM) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Harbour Marina stock appears to be overvalued. The current stock price of €0.95 is trading 18.8% above its estimated GF Value™ of €0.80. GuruFocus considers Grand Harbour Marina to be Modestly Overvalued.

Key valuation signals for MAL:GHM:

  • ROCE %: 16.51%
  • GF Value™: €0.80 vs. price of €0.95 (18.8% above fair value)
  • GF Score™: 52/100 with 8 warning signs
  • Industry Position: 171.8% above the Travel & Leisure median

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

Grand Harbour Marina Business Description

Address Vittoriosa Wharf, Vittoriosa, MLT, BRG 1721
Grand Harbour Marina PLC is a Malta-based marina company. The principal business activities of the company and its joint venture are acquiring, developing, operating, and managing marinas. The group has two reportable segments, Grand Harbour Marina and IC Cesme Marina. The business operates in each of these two operating segments in the ownership and operation of marina facilities providing berthing and ancillary services for yachts and super-yachts. It generates maximum revenue from the Grand Harbour Marina segment.
52GF Score

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

€0.95
Price
€0.80
GF Value