SPXCY (Singapore Exchange) ROCE %: 30.41% (As of Dec. 2025)


SPXCY Singapore Exchange Ltd SPXCY
81 GF Score
Price $37.09
GF Value $20.31
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Singapore Exchange ROCE %?

Singapore Exchange SPXCY +0.26% 81 ROCE % is 30.41% as of Dec. 2025. GuruFocus rates SPXCY with a GF Score™ of 81/100 and a GF Value™ of $20.31 (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. Singapore Exchange's annualized ROCE % for the quarter that ended in Dec. 2025 was 30.41%.

Singapore Exchange  (OTCPK:SPXCY) 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.

Singapore Exchange ROCE % Related Terms

Singapore Exchange ROCE % Historical Data

* Premium members only.

The historical data trend for Singapore Exchange'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.

Singapore Exchange ROCE % Chart

Singapore Exchange Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.06 24.54 30.38 29.37 29.00

Singapore Exchange 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 32.07 30.89 30.50 27.14 30.41
SPXCY
81GF Score
Singapore Exchange Ltd SPXCY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Singapore Exchange ROCE % Calculation

Singapore Exchange's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=626.299/( ( (2948.111 - 916.238) + (3231.18 - 943.885) )/ 2 )
=626.299/( (2031.873+2287.295)/ 2 )
=626.299/2159.584
=29.00 %

Singapore Exchange'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 )
=663.256/( ( (3231.18 - 943.885) + (3220.036 - 1145.927) )/ 2 )
=663.256/( ( 2287.295 + 2074.109 )/ 2 )
=663.256/2180.702
=30.41 %

(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 30.41% mean?
Singapore Exchange (SPXCY) has a ROCE % of 30.41% as of Dec. 2025.
Is Singapore Exchange's ROCE % too high?
Singapore Exchange's current ROCE % is 30.41%. The Capital Markets industry median ROCE % is 5.58. Singapore Exchange's value of 30.41% is 445.5% above this industry median. Overall, Singapore Exchange has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Exchange's ROCE % compare to SPGI and CME?
Singapore Exchange's ROCE % of 30.41% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.58. Singapore Exchange's value of 30.41% is 445.5% 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 Capital Markets company?
The median ROCE % among Capital Markets companies is 5.58, based on 690 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. Singapore Exchange's current ROCE % of 30.41% is 445.5% 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 Capital Markets industry, the median ROCE % is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Exchange's current ROCE % is 30.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Exchange stock overvalued right now?
Based on GuruFocus' analysis, Singapore Exchange (SPXCY) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.31, compared to a current price of $37.09 — trading 82.6% above its estimated fair value. The current ROCE % is 30.41% and 445.5% above the Capital Markets industry median of 5.58. Singapore Exchange's overall GF Score™ is 81/100 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 Singapore Exchange (SPXCY), the current ROCE % is 30.41% 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 Singapore Exchange (SPXCY) Overvalued in 2026?

Based on GuruFocus' analysis, Singapore Exchange stock appears to be overvalued. The current stock price of $37.09 is trading 82.6% above its estimated GF Value™ of $20.31. GuruFocus considers Singapore Exchange to be Significantly Overvalued.

Key valuation signals for SPXCY:

  • ROCE %: 30.41%
  • GF Value™: $20.31 vs. price of $37.09 (82.6% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 445.5% above the Capital Markets median

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

Singapore Exchange Business Description

Address 2 Shenton Way, No. 02-02, SGX Centre 1, Singapore, SGP, 068804
Singapore Exchange is a vertically integrated securities exchange business, offering listing-, data-, trading-, clearing- and settlement services across equities, debt and derivatives. Singapore Exchange, like Singapore itself, is remarkably outward-facing and offers some of the most liquid and widely traded equity derivative products for various regional markets, including the FTSE China A50 Index Futures.
81GF Score

Get the complete analysis for SPXCY

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

$37.09
Price
$20.31
GF Value