Old Chang Kee (SGX:5ML) ROCE %: 16.42% (As of Mar. 2026)

What is Old Chang Kee ROCE %?

Old Chang Kee SGX:5ML 45 ROCE % is 16.42% as of Mar. 2026. GuruFocus rates SGX:5ML with a GF Score™ of 45/100 and a GF Value™ of S$0.80 (Significantly Overvalued). The stock has 5 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. Old Chang Kee's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.42%.

Old Chang Kee (SGX:5ML) 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.

Old Chang Kee ROCE % Related Terms

Old Chang Kee ROCE % Historical Data

* Premium members only.

The historical data trend for Old Chang Kee'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.

Old Chang Kee ROCE % Chart

Old Chang Kee Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

Get a 7-Day Free Trial

13.22

15.45

22.44

21.67

17.49

Old Chang Kee 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															23.82	24.71	19.02	18.53	16.42

45GF Score

Old Chang Kee Ltd SGX:5ML

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

View Full Analysis

Old Chang Kee ROCE % Calculation

Old Chang Kee'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 )
	=	12.877	/	( ( (96.113 - 26.037)	+	(103.264 - 26.105) )	/ 2 )
	=	12.877	/	( (70.076	+	77.159)	/ 2 )
	=	12.877	/	73.6175
	=	17.49 %

Old Chang Kee'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 )
	=	12.406	/	( ( (99.278 - 25.305)	+	(103.264 - 26.105) )	/ 2 )
	=	12.406	/	( ( 73.973	+	77.159 )	/ 2 )
	=	12.406	/	75.566
	=	16.42 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 16.42% mean?

Old Chang Kee (SGX:5ML) has a ROCE % of 16.42% as of Mar. 2026.

Is Old Chang Kee's ROCE % too high?

Old Chang Kee's current ROCE % is 16.42%. The Restaurants industry median ROCE % is 6.05. Old Chang Kee's value of 16.42% is 171.4% above this industry median. Overall, Old Chang Kee has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Old Chang Kee's ROCE % compare to MCD and SBUX?

Old Chang Kee's ROCE % of 16.42% can be compared against companies in the Restaurants industry. The industry median ROCE % is 6.05. Old Chang Kee's value of 16.42% is 171.4% 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 6.05, based on 352 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. Old Chang Kee's current ROCE % of 16.42% is 171.4% 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 6.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old Chang Kee's current ROCE % is 16.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Old Chang Kee stock overvalued right now?

Based on GuruFocus' analysis, Old Chang Kee (SGX:5ML) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.80, compared to a current price of S$1.17 — trading 46.3% above its estimated fair value. The current ROCE % is 16.42% and 171.4% above the Restaurants industry median of 6.05. Old Chang Kee's overall GF Score™ is 45/100 with 5 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 Old Chang Kee (SGX:5ML), the current ROCE % is 16.42% 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 Old Chang Kee (SGX:5ML) Overvalued in 2026?

Based on GuruFocus' analysis, Old Chang Kee stock appears to be overvalued. The current stock price of S$1.17 is trading 46.3% above its estimated GF Value™ of S$0.80. GuruFocus considers Old Chang Kee to be Significantly Overvalued.

Key valuation signals for SGX:5ML:

ROCE %: 16.42%
GF Value™: S$0.80 vs. price of S$1.17 (46.3% above fair value)
GF Score™: 45/100 with 5 warning signs
Industry Position: 171.4% above the Restaurants median

No single metric tells the full story. See the SGX:5ML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Old Chang Kee Business Description

Industry Consumer Cyclical Restaurants

Comparable Companies SGX:42R SGX:533 SGX:YK9 SGX:43A SGX:596 SGX:DRX SGX:5OI SGX:KYB SGX:9I7 SGX:540 MCD SBUX LSE:CPG YUM CMG TSX:QSR DRI TSX:QSP.UN YUMC TXRH

Address 2 Woodlands Terrace, Singapore, SGP, 738427

Website https://www.oldchangkee.com

Old Chang Kee Ltd is engaged in the manufacturing and distribution of food products. The company's products include curry puffs, fishballs, chicken nuggets, and chicken wings. It also provides catering services in Singapore. The company's geographical segments include Singapore, Australia, and Malaysia, and a majority of its revenue is derived from Singapore. The company is engaged in the manufacture and sale of food products under brands such as Old Chang Kee, the Curry Times, and Dip n Go.

45GF Score

Get the complete analysis for SGX:5ML

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

S$1.17

Price

S$0.80

GF Value

View SGX:5ML Analysis

See ROCE % data for all stocks →