Tongcheng Travel Holdings (STU:TEM) ROCE %: 15.06% (As of Mar. 2026)


STU:TEM Tongcheng Travel Holdings Ltd STU:TEM
71 GF Score
Price €1.35
GF Value €2.63
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Tongcheng Travel Holdings ROCE %?

Tongcheng Travel Holdings STU:TEM -0.74% 71 ROCE % is 15.06% as of Mar. 2026. GuruFocus rates STU:TEM with a GF Score™ of 71/100 and a GF Value™ of €2.63 (Significantly Undervalued). The stock has 3 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. Tongcheng Travel Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.06%.

Tongcheng Travel Holdings  (STU:TEM) 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.

Tongcheng Travel Holdings ROCE % Related Terms

Tongcheng Travel Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Tongcheng Travel Holdings'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.

Tongcheng Travel Holdings ROCE % Chart

Tongcheng Travel Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.90 0.00 10.04 11.34 11.81

Tongcheng Travel Holdings 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 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 13.12 12.07 17.46 4.30 15.06
STU:TEM
71GF Score
Tongcheng Travel Holdings Ltd STU:TEM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongcheng Travel Holdings ROCE % Calculation

Tongcheng Travel Holdings'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 )
=397.453/( ( (4955.186 - 1521.181) + (5085.941 - 1786.831) )/ 2 )
=397.453/( (3434.005+3299.11)/ 2 )
=397.453/3366.5575
=11.81 %

Tongcheng Travel Holdings'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 )
=507.764/( ( (5085.941 - 1786.831) + (5436.056 - 1991.787) )/ 2 )
=507.764/( ( 3299.11 + 3444.269 )/ 2 )
=507.764/3371.6895
=15.06 %

(1) Note: The EBIT data used here is four times the quarterly (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 15.06% mean?
Tongcheng Travel Holdings (STU:TEM) has a ROCE % of 15.06% as of Mar. 2026.
Is Tongcheng Travel Holdings' ROCE % too high?
Tongcheng Travel Holdings' current ROCE % is 15.06%. The Travel & Leisure industry median ROCE % is 6.11. Tongcheng Travel Holdings' value of 15.06% is 146.5% above this industry median. Overall, Tongcheng Travel Holdings has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tongcheng Travel Holdings' ROCE % compare to BKNG and ABNB?
Tongcheng Travel Holdings' ROCE % of 15.06% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.11. Tongcheng Travel Holdings' value of 15.06% is 146.5% 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 Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.11, based on 832 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. Tongcheng Travel Holdings's current ROCE % of 15.06% is 146.5% 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 Travel & Leisure industry, the median ROCE % is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongcheng Travel Holdings's current ROCE % is 15.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongcheng Travel Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tongcheng Travel Holdings (STU:TEM) is currently considered Significantly Undervalued. The stock's GF Value™ is €2.63, compared to a current price of €1.35 — trading 48.7% below its estimated fair value. The current ROCE % is 15.06% and 146.5% above the Travel & Leisure industry median of 6.11. Tongcheng Travel Holdings' overall GF Score™ is 71/100 with 3 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 Tongcheng Travel Holdings (STU:TEM), the current ROCE % is 15.06% 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 Tongcheng Travel Holdings (STU:TEM) Overvalued in 2026?

Based on GuruFocus' analysis, Tongcheng Travel Holdings stock appears to be undervalued. The current stock price of €1.35 is trading 48.7% below its estimated GF Value™ of €2.63. GuruFocus considers Tongcheng Travel Holdings to be Significantly Undervalued.

Key valuation signals for STU:TEM:

  • ROCE %: 15.06%
  • GF Value™: €2.63 vs. price of €1.35 (48.7% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 146.5% above the Travel & Leisure median

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

Tongcheng Travel Holdings Business Description

Other Exchanges 00780:Hong KongTEM:Germany
Address No. 66 Yunhui Road, Tongcheng Travel Mansion, Suzhou Industrial Park, Jiangsu, CHN
Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 84% of its revenue from accommodation reservations and transportation ticketing in 2023. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers and travel kiosks. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.
71GF Score

Get the complete analysis for STU:TEM

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

€1.35
Price
€2.63
GF Value