SPC Power (PHS:SPC) ROCE %: 11.94% (As of Mar. 2026)

What is SPC Power ROCE %?

SPC Power PHS:SPC 84 ROCE % is 11.94% as of Mar. 2026. GuruFocus rates PHS:SPC with a GF Score™ of 84/100 and a GF Value™ of ₱9.26 (Modestly Overvalued). The stock has 4 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. SPC Power's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.94%.

SPC Power (PHS:SPC) 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.

SPC Power ROCE % Related Terms

SPC Power ROCE % Historical Data

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The historical data trend for SPC Power'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.

SPC Power ROCE % Chart

SPC Power Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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12.37

12.63

11.06

12.77

22.02

SPC Power Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															9.75	25.13	32.19	18.49	11.94

84GF Score

SPC Power Corp PHS:SPC

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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SPC Power ROCE % Calculation

SPC Power'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 )
	=	2525.982	/	( ( (11765.137 - 476.361)	+	(13521.163 - 1862.467) )	/ 2 )
	=	2525.982	/	( (11288.776	+	11658.696)	/ 2 )
	=	2525.982	/	11473.736
	=	22.02 %

SPC Power'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: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	1411.212	/	( ( (13521.163 - 1862.467)	+	(12397.155 - 422.505) )	/ 2 )
	=	1411.212	/	( ( 11658.696	+	11974.65 )	/ 2 )
	=	1411.212	/	11816.673
	=	11.94 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 11.94% mean?

SPC Power (PHS:SPC) has a ROCE % of 11.94% as of Mar. 2026.

Is SPC Power's ROCE % too high?

SPC Power's current ROCE % is 11.94%. The Utilities - Regulated industry median ROCE % is 6.91. SPC Power's value of 11.94% is 72.8% above this industry median. Overall, SPC Power has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does SPC Power's ROCE % compare to NEE and SO?

SPC Power's ROCE % of 11.94% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. SPC Power's value of 11.94% is 72.8% 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 an Utilities - Regulated company?

The median ROCE % among Utilities - Regulated companies is 6.91, based on 504 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. SPC Power's current ROCE % of 11.94% is 72.8% 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 Utilities - Regulated industry, the median ROCE % is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPC Power's current ROCE % is 11.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SPC Power stock overvalued right now?

Based on GuruFocus' analysis, SPC Power (PHS:SPC) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱9.26, compared to a current price of ₱10.80 — trading 16.6% above its estimated fair value. The current ROCE % is 11.94% and 72.8% above the Utilities - Regulated industry median of 6.91. SPC Power's overall GF Score™ is 84/100 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 SPC Power (PHS:SPC), the current ROCE % is 11.94% 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.

Is SPC Power (PHS:SPC) Overvalued in 2026?

Based on GuruFocus' analysis, SPC Power stock appears to be overvalued. The current stock price of ₱10.80 is trading 16.6% above its estimated GF Value™ of ₱9.26. GuruFocus considers SPC Power to be Modestly Overvalued.

Key valuation signals for PHS:SPC:

ROCE %: 11.94%
GF Value™: ₱9.26 vs. price of ₱10.80 (16.6% above fair value)
GF Score™: 84/100 with 4 warning signs
Industry Position: 72.8% above the Utilities - Regulated median

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

SPC Power Business Description

Industry Utilities Utilities - Regulated

Comparable Companies PHS:VVT PHS:ACR PHS:JOH PHS:FPH NEE SO DUK LSE:NG.AEP D ETR XEL EXC XMAD:ELE BOM:532555 PEG ED WEC PCG XPRA:CEZ

Address 8741, Paseo de Roxas, 7th Floor, P.O Box 1222, BDO Towers Paseo, Makati City, PHL, 1209

Website https://www.spcpowergroup.com

SPC Power Corp is managed through two segments: Generation segment which includes generation and supply of power and ancillary services to NPC/PSALM, NGCP, distribution utilities, WESM, and other customers, and Others which includes the operations of SECL, SLCI, CNPC and SMPC such as to manage, operate and invest in power generating plants and related facilities. The majority of revenue is generated from generation segment. It operates and generates revenue principally only in the Philippines.

84GF Score

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

₱10.80

Price

₱9.26

GF Value

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