Queen's Road Capital Investment (TSX:QRC) ROCE %: -42.99% (As of May. 2026)

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.

TSX:QRC Queen's Road Capital Investment Ltd TSX:QRC
72 GF Score
Price C$13.40
GF Value C$12.12
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Queen's Road Capital Investment ROCE %?

Queen's Road Capital Investment TSX:QRC -0.37% 72 ROCE % is -42.99% as of May. 2026. GuruFocus rates TSX:QRC with a GF Score™ of 72/100 and a GF Value™ of C$12.12 (Modestly Overvalued). The stock has 6 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. Queen's Road Capital Investment's annualized ROCE % for the quarter that ended in May. 2026 was -42.99%.

Queen's Road Capital Investment  (TSX:QRC) 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.

Queen's Road Capital Investment ROCE % Related Terms

Queen's Road Capital Investment ROCE % Historical Data

* Premium members only.

The historical data trend for Queen's Road Capital Investment'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.

Queen's Road Capital Investment ROCE % Chart

Queen's Road Capital Investment Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.63 -1.48 1.96 8.23 37.23

Queen's Road Capital Investment Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 57.62 101.04 67.42 106.82 -42.99
TSX:QRC
72GF Score
Queen's Road Capital Investment Ltd TSX:QRC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Queen's Road Capital Investment ROCE % Calculation

Queen's Road Capital Investment's annualized ROCE % for the fiscal year that ended in Aug. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=160.924/( ( (386.24 - 44.868) + (565.169 - 41.973) )/ 2 )
=160.924/( (341.372+523.196)/ 2 )
=160.924/432.284
=37.23 %

Queen's Road Capital Investment's ROCE % of for the quarter that ended in May. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: May. 2026 )  (Q: Feb. 2026 )(Q: May. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: May. 2026 )  (Q: Feb. 2026 )(Q: May. 2026 )
=-331.744/( ( (867.696 - 73.119) + (800.004 - 51.215) )/ 2 )
=-331.744/( ( 794.577 + 748.789 )/ 2 )
=-331.744/771.683
=-42.99 %

(1) Note: The EBIT data used here is four times the quarterly (May. 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 -42.99% mean?
Queen's Road Capital Investment (TSX:QRC) has a ROCE % of -42.99% as of May. 2026.
Is Queen's Road Capital Investment's ROCE % too high?
Queen's Road Capital Investment's current ROCE % is -42.99%. Overall, Queen's Road Capital Investment has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Queen's Road Capital Investment's ROCE % compare to BLK and BX?
Queen's Road Capital Investment's ROCE % of -42.99% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Asset Management company?
The median ROCE % among Asset Management companies is 4.46, based on 706 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. 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 Asset Management industry, the median ROCE % is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Queen's Road Capital Investment's current ROCE % is -42.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Queen's Road Capital Investment stock overvalued right now?
Based on GuruFocus' analysis, Queen's Road Capital Investment (TSX:QRC) is currently considered Modestly Overvalued. The stock's GF Value™ is C$12.12, compared to a current price of C$13.40 — trading 10.6% above its estimated fair value. The current ROCE % is -42.99%. Queen's Road Capital Investment's overall GF Score™ is 72/100 with 6 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 Queen's Road Capital Investment (TSX:QRC), the current ROCE % is -42.99% as of May. 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 Queen's Road Capital Investment (TSX:QRC) Overvalued in 2026?

Based on GuruFocus' analysis, Queen's Road Capital Investment stock appears to be overvalued. The current stock price of C$13.40 is trading 10.6% above its estimated GF Value™ of C$12.12. GuruFocus considers Queen's Road Capital Investment to be Modestly Overvalued.

Key valuation signals for TSX:QRC:

  • ROCE %: -42.99%
  • GF Value™: C$12.12 vs. price of C$13.40 (10.6% above fair value)
  • GF Score™: 72/100 with 6 warning signs

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

Queen's Road Capital Investment Business Description

Other Exchanges BRSGF:USA47U0:Germany
Address 2 Queen\'s Road Central, Suite 2006, Cheung Kong Centre, Hong Kong, HKG
Queen's Road Capital Investment Ltd is a resource-focused investment company. It invests in privately held and publicly traded resource companies and has one operating segment, being the selection, acquisition, and management of investments. The company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in development or production located in safe jurisdictions.
72GF Score

Get the complete analysis for TSX:QRC

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

C$13.40
Price
C$12.12
GF Value