STO Express Co (SZSE:002468) ROCE %: 16.32% (As of Mar. 2026)

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SZSE:002468 STO Express Co Ltd SZSE:002468
86 GF Score
Price ¥14.19
GF Value ¥15.70
Valuation Modestly Undervalued
! 2 Warning Signs
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What is STO Express Co ROCE %?

STO Express Co SZSE:002468 +0.92% 86 ROCE % is 16.32% as of Mar. 2026. GuruFocus rates SZSE:002468 with a GF Score™ of 86/100 and a GF Value™ of ¥15.70 (Modestly Undervalued). 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. STO Express Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.32%.


STO Express Co  (SZSE:002468) 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.


STO Express Co ROCE % Related Terms


STO Express Co ROCE % Historical Data

* Premium members only.

The historical data trend for STO Express Co'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.

STO Express Co ROCE % Chart

STO Express Co 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 -7.96 5.01 4.53 12.04 13.26

STO Express Co 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 10.37 9.94 12.05 20.90 16.32
SZSE:002468
86GF Score
STO Express Co Ltd SZSE:002468
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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STO Express Co ROCE % Calculation

STO Express Co'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 )
=1975.528/( ( (25312.15 - 11697.463) + (29313.518 - 13137.426) )/ 2 )
=1975.528/( (13614.687+16176.092)/ 2 )
=1975.528/14895.3895
=13.26 %

STO Express Co'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 )
=2681.24/( ( (29313.518 - 13137.426) + (30084.458 - 13411.206) )/ 2 )
=2681.24/( ( 16176.092 + 16673.252 )/ 2 )
=2681.24/16424.672
=16.32 %

(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 16.32% mean?
STO Express Co (SZSE:002468) has a ROCE % of 16.32% as of Mar. 2026.
Is STO Express Co's ROCE % too high?
STO Express Co's current ROCE % is 16.32%. The Transportation industry median ROCE % is 7.89. STO Express Co's value of 16.32% is 106.8% above this industry median. Overall, STO Express Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does STO Express Co's ROCE % compare to UPS and FDX?
STO Express Co's ROCE % of 16.32% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.89. STO Express Co's value of 16.32% is 106.8% 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 Transportation company?
The median ROCE % among Transportation companies is 7.89, based on 991 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. STO Express Co's current ROCE % of 16.32% is 106.8% 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 Transportation industry, the median ROCE % is 7.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STO Express Co's current ROCE % is 16.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STO Express Co stock overvalued right now?
Based on GuruFocus' analysis, STO Express Co (SZSE:002468) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.70, compared to a current price of ¥14.19 — trading 9.6% below its estimated fair value. The current ROCE % is 16.32% and 106.8% above the Transportation industry median of 7.89. STO Express Co's overall GF Score™ is 86/100 with 2 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 STO Express Co (SZSE:002468), the current ROCE % is 16.32% 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.

Is STO Express Co (SZSE:002468) Overvalued in 2026?

Based on GuruFocus' analysis, STO Express Co stock appears to be undervalued. The current stock price of ¥14.19 is trading 9.6% below its estimated GF Value™ of ¥15.70. GuruFocus considers STO Express Co to be Modestly Undervalued.

Key valuation signals for SZSE:002468:

  • ROCE %: 16.32%
  • GF Value™: ¥15.70 vs. price of ¥14.19 (9.6% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 106.8% above the Transportation median

No single metric tells the full story. See the SZSE:002468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


STO Express Co Business Description

Address No. 25, Lane 6598, Beiqing Road, Yibang International Office Building, Qingpu District, Shanghai, CHN, 201706
STO Express is one of the Tongda operators, one of the top four national express delivery companies that adopt the network partner model. Tongda operators provide line-haul transportation, sorting, and waybill services to network partners for fees, while local network partners provide first-mile pickup and last-mile delivery services under the Tongda brands and collect the payments. STO was founded in 1993 by Nie Tengfei. His widow's brother, Chen Dejun, is now chair. The family held over 34% of the company as of Sept. 30, 2024. STO's strategic shareholder is Cainiao Smart Logistics Network with a 25% stake. Alibaba can exercise its share options to purchase an additional 21% of STO from the family before Dec. 27, 2025, at CNY 16.50 per share.
86GF Score

Get the complete analysis for SZSE:002468

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

¥14.19
Price
¥15.70
GF Value