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ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. ITC Properties Group's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2025 was -2.65%.
As of today (2026-07-24), ITC Properties Group's WACC % is 1.39%. ITC Properties Group's ROIC % is -5.21% (calculated using TTM income statement data).
ITC Properties Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.
ITC Properties Group (HKSE:00199) ROIC % Explanation
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROIC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, ITC Properties Group's WACC % is 1.39%. ITC Properties Group's ROIC % is -5.21% (calculated using TTM income statement data).
ITC Properties Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
* 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.
For the Lodging subindustry, ITC Properties Group's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ITC Properties Group ROIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, ITC Properties Group's ROIC % distribution charts can be found below:
* The bar in red indicates where ITC Properties Group's ROIC % falls into.
Note:
The Operating Income data used here is two times the semi-annual (Sep. 2025) data.
The tax rate is limited to between 0% and 100%.
* 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.
ITC Properties Group (HKSE:00199) has a ROIC % of -2.65% as of Sep. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on ITC Properties Group and its competitors.
Is ITC Properties Group's ROIC % too high?
ITC Properties Group's current ROIC % is -2.65%. Overall, ITC Properties Group has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ITC Properties Group's ROIC % compare to MAR and HLT?
ITC Properties Group's ROIC % of -2.65% can be compared against companies in the Travel & Leisure industry. The industry median ROIC % is 3.73. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Travel & Leisure company?
The median ROIC % among Travel & Leisure companies is 3.73, based on 831 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on ITC Properties Group and its competitors. For the Travel & Leisure industry, the median ROIC % is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITC Properties Group's current ROIC % is -2.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITC Properties Group stock overvalued right now?
Based on GuruFocus' analysis, ITC Properties Group (HKSE:00199) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$2.68, compared to a current price of HK$2.16 — trading 19.4% below its estimated fair value. The current ROIC % is -2.65%. ITC Properties Group's overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For ITC Properties Group (HKSE:00199), the current ROIC % is -2.65% as of Sep. 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 ITC Properties Group (HKSE:00199) Overvalued in 2026?
Based on GuruFocus' analysis, ITC Properties Group stock appears to be undervalued.
The current stock price of HK$2.16 is trading 19.4% below its estimated GF Value™ of HK$2.68.
GuruFocus considers ITC Properties Group to be Modestly Undervalued.
Key valuation signals for HKSE:00199:
ROIC %: -2.65%
GF Value™: HK$2.68 vs. price of HK$2.16 (19.4% below fair value)
No single metric tells the full story. See the HKSE:00199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITC Properties Group Ltd is an investment holding company principally engaged in the development of, selling of, and investment in properties in Macau, Hong Kong, the PRC, and Canada; securities investments and provision of loan financing services. Its reportable and operating segments are Property, Hotel and leisure, Securities investments, and Finance. It generates maximum revenue from the Property segment, which includes the development, selling of and investment in properties. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in Hong Kong, Macau, PRC, Canada, and Other Countries.
53GF Score
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