BoardWare Intelligence Technology (HKSE:01204) ROIC %: 1.77% (As of Dec. 2025)

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HKSE:01204 BoardWare Intelligence Technology Ltd HKSE:01204
67 GF Score
Price HK$1.60
GF Value HK$3.06
Valuation Significantly Undervalued
! 4 Warning Signs
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What is BoardWare Intelligence Technology ROIC %?

BoardWare Intelligence Technology HKSE:01204 67 ROIC % is 1.77% as of Dec. 2025. GuruFocus rates HKSE:01204 with a GF Score™ of 67/100 and a GF Value™ of HK$3.06 (Significantly Undervalued). The stock has 4 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. BoardWare Intelligence Technology's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 1.77%.

As of today (2026-08-04), BoardWare Intelligence Technology's WACC % is 4.19%. BoardWare Intelligence Technology's ROIC % is 1.33% (calculated using TTM income statement data). BoardWare Intelligence Technology earns returns that do not match up to its cost of capital. It will destroy value as it grows.


BoardWare Intelligence Technology  (HKSE:01204) 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, BoardWare Intelligence Technology's WACC % is 4.19%. BoardWare Intelligence Technology's ROIC % is 1.33% (calculated using TTM income statement data). BoardWare Intelligence Technology 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.


BoardWare Intelligence Technology ROIC % Related Terms


BoardWare Intelligence Technology ROIC % Historical Data

* Premium members only.

The historical data trend for BoardWare Intelligence Technology's ROIC % 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.

BoardWare Intelligence Technology ROIC % Chart

BoardWare Intelligence Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial 10.16 2.20 1.03 -1.15 1.39

BoardWare Intelligence Technology Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 0.10 -2.58 0.83 1.77

HKSE:01204 vs IBM, ACN, FISV: ROIC % Comparison

For the Information Technology Services subindustry, BoardWare Intelligence Technology'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.


BoardWare Intelligence Technology ROIC % vs Software Industry

For the Software industry and Technology sector, BoardWare Intelligence Technology's ROIC % distribution charts can be found below:

* The bar in red indicates where BoardWare Intelligence Technology's ROIC % falls into.


HKSE:01204
67GF Score
BoardWare Intelligence Technology Ltd HKSE:01204
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BoardWare Intelligence Technology ROIC % Calculation

BoardWare Intelligence Technology's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=6.004 * ( 1 - 13.6% )/( (325.518 + 419.652)/ 2 )
=5.187456/372.585
=1.39 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=585.661 - 174.271 - ( 85.872 - max(0, 236.052 - 511.377+85.872))
=325.518

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=697.612 - 211.511 - ( 66.449 - max(0, 338.408 - 593.701+66.449))
=419.652

BoardWare Intelligence Technology's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=8.684 * ( 1 - 14.29% )/( (421.309 + 419.652)/ 2 )
=7.4430564/420.4805
=1.77 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=615.873 - 161.297 - ( 33.267 - max(0, 260.895 - 540.148+33.267))
=421.309

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=697.612 - 211.511 - ( 66.449 - max(0, 338.408 - 593.701+66.449))
=419.652

Note: The Operating Income data used here is two times the semi-annual (Dec. 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 1.77% mean?
BoardWare Intelligence Technology (HKSE:01204) has a ROIC % of 1.77% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on BoardWare Intelligence Technology and its competitors.
Is BoardWare Intelligence Technology's ROIC % too high?
BoardWare Intelligence Technology's current ROIC % is 1.77%. The Software industry median ROIC % is 3.10. BoardWare Intelligence Technology's value of 1.77% is 42.9% below this industry median. Overall, BoardWare Intelligence Technology has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BoardWare Intelligence Technology's ROIC % compare to IBM and ACN?
BoardWare Intelligence Technology's ROIC % of 1.77% can be compared against companies in the Software industry. The industry median ROIC % is 3.10. BoardWare Intelligence Technology's value of 1.77% is 42.9% 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 ROIC % for a Software company?
The median ROIC % among Software companies is 3.10, based on 2,833 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. BoardWare Intelligence Technology's current ROIC % of 1.77% is 42.9% 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 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 BoardWare Intelligence Technology and its competitors. For the Software industry, the median ROIC % is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BoardWare Intelligence Technology's current ROIC % is 1.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BoardWare Intelligence Technology stock overvalued right now?
Based on GuruFocus' analysis, BoardWare Intelligence Technology (HKSE:01204) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$3.06, compared to a current price of HK$1.60 — trading 47.7% below its estimated fair value. The current ROIC % is 1.77% and 42.9% below the Software industry median of 3.10. BoardWare Intelligence Technology's overall GF Score™ is 67/100 with 4 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 BoardWare Intelligence Technology (HKSE:01204), the current ROIC % is 1.77% 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 BoardWare Intelligence Technology (HKSE:01204) Overvalued in 2026?

Based on GuruFocus' analysis, BoardWare Intelligence Technology stock appears to be undervalued. The current stock price of HK$1.60 is trading 47.7% below its estimated GF Value™ of HK$3.06. GuruFocus considers BoardWare Intelligence Technology to be Significantly Undervalued.

Key valuation signals for HKSE:01204:

  • ROIC %: 1.77%
  • GF Value™: HK$3.06 vs. price of HK$1.60 (47.7% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 42.9% below the Software median

No single metric tells the full story. See the HKSE:01204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BoardWare Intelligence Technology Business Description

Address No. 335-341 Hotline Centre, 15th Floor I-Q and X, Alameda Dr. Carlos D\' Assumpcao, macau, MAC
BoardWare Intelligence Technology Ltd provides reliable, end-to-end and high-quality Enterprise IT solutions. Its IT solutions involve the design, supply, integration, operation, and maintenance of IT systems. The company operates through the Enterprise IT solutions segment and the distribution and resale of hardware and software segment. The Enterprise IT solutions segment includes Professional IT services, Managed services, and IT maintenance and consultancy services. Its business segments include the provision of Enterprise IT solutions, lease income from IT equipment, and distribution and resale of hardware and software. The Group also focuses on IT solutions, AI, cybersecurity, BCI, and engineering intelligence, and generates the majority of its revenue from Macau.
67GF Score

Get the complete analysis for HKSE:01204

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

HK$1.60
Price
HK$3.06
GF Value