MCHVF (MGM China Holdings) ROCE %: 36.36% (As of Dec. 2025)


MCHVF MGM China Holdings Ltd MCHVF
79 GF Score
Price $1.28
GF Value $2.25
Valuation Significantly Undervalued
! 3 Warning Signs
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What is MGM China Holdings ROCE %?

MGM China Holdings MCHVF -14.67% 79 ROCE % is 36.36% as of Dec. 2025. GuruFocus rates MCHVF with a GF Score™ of 79/100 and a GF Value™ of $2.25 (Significantly Undervalued). The stock has 3 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. MGM China Holdings's annualized ROCE % for the quarter that ended in Dec. 2025 was 36.36%.

MGM China Holdings  (OTCPK:MCHVF) 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.

MGM China Holdings ROCE % Related Terms

MGM China Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for MGM China 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.

MGM China Holdings ROCE % Chart

MGM China 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 -9.86 -13.60 18.44 30.15 32.39

MGM China 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 28.74 33.08 25.21 29.42 36.36
MCHVF
79GF Score
MGM China Holdings Ltd MCHVF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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MGM China Holdings ROCE % Calculation

MGM China 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 )
=822.573/( ( (3936.971 - 1173.235) + (3813.698 - 1497.778) )/ 2 )
=822.573/( (2763.736+2315.92)/ 2 )
=822.573/2539.828
=32.39 %

MGM China 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 )
=869.152/( ( (3932.325 - 1466.936) + (3813.698 - 1497.778) )/ 2 )
=869.152/( ( 2465.389 + 2315.92 )/ 2 )
=869.152/2390.6545
=36.36 %

(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 36.36% mean?
MGM China Holdings (MCHVF) has a ROCE % of 36.36% as of Dec. 2025.
Is MGM China Holdings' ROCE % too high?
MGM China Holdings' current ROCE % is 36.36%. The Travel & Leisure industry median ROCE % is 6.14. MGM China Holdings' value of 36.36% is 492.2% above this industry median. Overall, MGM China Holdings has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MGM China Holdings' ROCE % compare to LVS and MGM?
MGM China Holdings' ROCE % of 36.36% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.14. MGM China Holdings' value of 36.36% is 492.2% 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 Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.14, based on 835 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. MGM China Holdings's current ROCE % of 36.36% is 492.2% 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 Travel & Leisure industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGM China Holdings's current ROCE % is 36.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGM China Holdings stock overvalued right now?
Based on GuruFocus' analysis, MGM China Holdings (MCHVF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.25, compared to a current price of $1.28 — trading 43.1% below its estimated fair value. The current ROCE % is 36.36% and 492.2% above the Travel & Leisure industry median of 6.14. MGM China Holdings' overall GF Score™ is 79/100 with 3 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 MGM China Holdings (MCHVF), the current ROCE % is 36.36% 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 MGM China Holdings (MCHVF) Overvalued in 2026?

Based on GuruFocus' analysis, MGM China Holdings stock appears to be undervalued. The current stock price of $1.28 is trading 43.1% below its estimated GF Value™ of $2.25. GuruFocus considers MGM China Holdings to be Significantly Undervalued.

Key valuation signals for MCHVF:

  • ROCE %: 36.36%
  • GF Value™: $2.25 vs. price of $1.28 (43.1% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 492.2% above the Travel & Leisure median

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

MGM China Holdings Business Description

Address Avenida Dr. Sun Yat Sen, Edificio MGM MACAU NAPE, Macao, MAC
MGM China is one of six casino license holders in Macao. It operates two integrated resorts: the MGM Macau in the Peninsula and MGM Cotai in Cotai. The company is allowed to operate 750 gaming tables during its new 10-year concession period of 2023-32.
79GF Score

Get the complete analysis for MCHVF

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

$1.28
Price
$2.25
GF Value