Tung Lok Restaurants(2000) (SGX:540) ROCE %: 8.32% (As of Mar. 2026)


What is Tung Lok Restaurants(2000) ROCE %?

Tung Lok Restaurants(2000) SGX:540 ROCE % is 8.32% as of Mar. 2026. The stock has 2 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. Tung Lok Restaurants(2000)'s annualized ROCE % for the quarter that ended in Mar. 2026 was 8.32%.


Tung Lok Restaurants(2000)  (SGX:540) 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.


Tung Lok Restaurants(2000) ROCE % Related Terms


Tung Lok Restaurants(2000) ROCE % Historical Data

* Premium members only.

The historical data trend for Tung Lok Restaurants(2000)'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.

Tung Lok Restaurants(2000) ROCE % Chart

Tung Lok Restaurants(2000) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.30 20.65 10.57 -2.23 -3.00

Tung Lok Restaurants(2000) Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 13.91 -13.13 8.77 -13.78 8.32

Tung Lok Restaurants(2000) ROCE % Calculation

Tung Lok Restaurants(2000)'s annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-0.987/( ( (52.834 - 18.481) + (48.641 - 17.285) )/ 2 )
=-0.987/( (34.353+31.356)/ 2 )
=-0.987/32.8545
=-3.00 %

Tung Lok Restaurants(2000)'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: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=2.694/( ( (50.722 - 17.309) + (48.641 - 17.285) )/ 2 )
=2.694/( ( 33.413 + 31.356 )/ 2 )
=2.694/32.3845
=8.32 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) 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 8.32% mean?
Tung Lok Restaurants(2000) (SGX:540) has a ROCE % of 8.32% as of Mar. 2026.
Is Tung Lok Restaurants(2000)'s ROCE % too high?
Tung Lok Restaurants(2000)'s current ROCE % is 8.32%. The Restaurants industry median ROCE % is 6.11. Tung Lok Restaurants(2000)'s value of 8.32% is 36.2% above this industry median.
How does Tung Lok Restaurants(2000)'s ROCE % compare to MCD and SBUX?
Tung Lok Restaurants(2000)'s ROCE % of 8.32% can be compared against companies in the Restaurants industry. The industry median ROCE % is 6.11. Tung Lok Restaurants(2000)'s value of 8.32% is 36.2% 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 Restaurants company?
The median ROCE % among Restaurants companies is 6.11, based on 351 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. Tung Lok Restaurants(2000)'s current ROCE % of 8.32% is 36.2% 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 Restaurants industry, the median ROCE % is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tung Lok Restaurants(2000)'s current ROCE % is 8.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tung Lok Restaurants(2000) stock overvalued right now?
Based on GuruFocus' analysis, Tung Lok Restaurants(2000) (SGX:540) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.09, compared to a current price of S$0.05 — trading 40% below its estimated fair value. The current ROCE % is 8.32% and 36.2% above the Restaurants industry median of 6.11. 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 Tung Lok Restaurants(2000) (SGX:540), the current ROCE % is 8.32% 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.

Tung Lok Restaurants(2000) Business Description

Address 26 Tai Seng Street, Number 02-01, Singapore, SGP, 534057
Tung Lok Restaurants(2000) Ltd operates restaurant chains. In addition, the company also provides outdoor events catering services. Its restaurants include LingZhi Vegetarian, Dancing Crab, TungLok Teahouse, Slappy Cakes, My Humble House, and TungLok Signatures. The company generates the majority of its revenue from Singapore. It operates in the business segments namely; Restaurant, Catering, Manufacturing, and Other. The Restaurant segment generates the majority of revenue for the company.