Sun Hung Kai Properties (STU:SHG) ROCE %: 3.96% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:SHG Sun Hung Kai Properties Ltd STU:SHG
75 GF Score
Price €13.40
GF Value €10.33
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Sun Hung Kai Properties ROCE %?

Sun Hung Kai Properties STU:SHG -1.47% 75 ROCE % is 3.96% as of Dec. 2025. GuruFocus rates STU:SHG with a GF Score™ of 75/100 and a GF Value™ of €10.33 (Modestly 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. Sun Hung Kai Properties's annualized ROCE % for the quarter that ended in Dec. 2025 was 3.96%.


Sun Hung Kai Properties  (STU:SHG) 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.


Sun Hung Kai Properties ROCE % Related Terms


Sun Hung Kai Properties ROCE % Historical Data

* Premium members only.

The historical data trend for Sun Hung Kai Properties'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.

Sun Hung Kai Properties ROCE % Chart

Sun Hung Kai Properties 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 5.31 4.89 4.17 3.68 3.54

Sun Hung Kai Properties 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 3.43 3.93 3.06 4.13 3.96
STU:SHG
75GF Score
Sun Hung Kai Properties Ltd STU:SHG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Hung Kai Properties ROCE % Calculation

Sun Hung Kai Properties'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 )
=3049.844/( ( (97312.334 - 7376.331) + (90238.543 - 7742.752) )/ 2 )
=3049.844/( (89936.003+82495.791)/ 2 )
=3049.844/86215.897
=3.54 %

Sun Hung Kai Properties'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 )
=3240.696/( ( (90238.543 - 7742.752) + (88812.905 - 7480.073) )/ 2 )
=3240.696/( ( 82495.791 + 81332.832 )/ 2 )
=3240.696/81914.3115
=3.96 %

(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 3.96% mean?
Sun Hung Kai Properties (STU:SHG) has a ROCE % of 3.96% as of Dec. 2025.
Is Sun Hung Kai Properties' ROCE % too high?
Sun Hung Kai Properties' current ROCE % is 3.96%. The Real Estate industry median ROCE % is 4.64. Sun Hung Kai Properties' value of 3.96% is 14.7% below this industry median. Overall, Sun Hung Kai Properties has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Hung Kai Properties' ROCE % compare to competitors?
Sun Hung Kai Properties' ROCE % of 3.96% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.64. Sun Hung Kai Properties' value of 3.96% is 14.7% below 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 Real Estate company?
The median ROCE % among Real Estate companies is 4.64, based on 1,757 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. Sun Hung Kai Properties's current ROCE % of 3.96% is 14.7% below 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 Real Estate industry, the median ROCE % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Hung Kai Properties's current ROCE % is 3.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Hung Kai Properties stock overvalued right now?
Based on GuruFocus' analysis, Sun Hung Kai Properties (STU:SHG) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.33, compared to a current price of €13.40 — trading 29.7% above its estimated fair value. The current ROCE % is 3.96% and 14.7% below the Real Estate industry median of 4.64. Sun Hung Kai Properties' overall GF Score™ is 75/100 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 Sun Hung Kai Properties (STU:SHG), the current ROCE % is 3.96% 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 Sun Hung Kai Properties (STU:SHG) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Hung Kai Properties stock appears to be overvalued. The current stock price of €13.40 is trading 29.7% above its estimated GF Value™ of €10.33. GuruFocus considers Sun Hung Kai Properties to be Modestly Overvalued.

Key valuation signals for STU:SHG:

  • ROCE %: 3.96%
  • GF Value™: €10.33 vs. price of €13.40 (29.7% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 14.7% below the Real Estate median

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


Sun Hung Kai Properties Business Description

Address 30 Harbour Road, 45th Floor, Sun Hung Kai Centre, Hong Kong, HKG
Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, office, and retail real estate segments. Most of its business is based in Hong Kong, where it is a leading private housing developer and holds a portfolio of high-quality retail and office properties for rental income. The company also invests in other listed entities, including a telecommunication company, SmarTone, and a data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.
75GF Score

Get the complete analysis for STU:SHG

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

€13.40
Price
€10.33
GF Value