C-MER Medical Holdings (HKSE:03309) ROIC %: 3.96% (As of Dec. 2025)

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HKSE:03309 C-MER Medical Holdings Ltd HKSE:03309
83 GF Score
Price HK$0.86
GF Value HK$2.77
Valuation Possible Value Trap
! 5 Warning Signs
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What is C-MER Medical Holdings ROIC %?

C-MER Medical Holdings HKSE:03309 -0.58% 83 ROIC % is 3.96% as of Dec. 2025. GuruFocus rates HKSE:03309 with a GF Score™ of 83/100 and a GF Value™ of HK$2.77 (Possible Value Trap). The stock has 5 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 %. C-MER Medical Holdings's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 3.96%.

As of today (2026-08-29), C-MER Medical Holdings's WACC % is 8.02%. C-MER Medical Holdings's ROIC % is 4.05% (calculated using TTM income statement data). C-MER Medical Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.


C-MER Medical Holdings  (HKSE:03309) 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, C-MER Medical Holdings's WACC % is 8.02%. C-MER Medical Holdings's ROIC % is 4.05% (calculated using TTM income statement data). C-MER Medical Holdings 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.


C-MER Medical Holdings ROIC % Related Terms


C-MER Medical Holdings ROIC % Historical Data

* Premium members only.

The historical data trend for C-MER Medical Holdings'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.

C-MER Medical Holdings ROIC % Chart

C-MER Medical Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 -0.81 3.62 2.35 4.06

C-MER Medical Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.25 4.34 -1.34 4.14 3.96

HKSE:03309 vs HCA, THC, DVA: ROIC % Comparison

For the Medical Care Facilities subindustry, C-MER Medical Holdings'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.


C-MER Medical Holdings ROIC % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, C-MER Medical Holdings's ROIC % distribution charts can be found below:

* The bar in red indicates where C-MER Medical Holdings's ROIC % falls into.


HKSE:03309
83GF Score
C-MER Medical Holdings Ltd HKSE:03309
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

C-MER Medical Holdings ROIC % Calculation

C-MER Medical Holdings'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 )
=135.033 * ( 1 - 28.51% )/( (2358.943 + 2391.516)/ 2 )
=96.5350917/2375.2295
=4.06 %

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))
=2720.152 - 130.756 - ( 467.251 - max(0, 410.022 - 640.475+467.251))
=2358.943

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))
=2732.626 - 138.114 - ( 465.964 - max(0, 468.394 - 671.39+465.964))
=2391.516

C-MER Medical Holdings'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 )
=138.098 * ( 1 - 31.33% )/( (2393.002 + 2391.516)/ 2 )
=94.8318966/2392.259
=3.96 %

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))
=2762.749 - 154.673 - ( 435.707 - max(0, 420.194 - 635.268+435.707))
=2393.002

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))
=2732.626 - 138.114 - ( 465.964 - max(0, 468.394 - 671.39+465.964))
=2391.516

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 3.96% mean?
C-MER Medical Holdings (HKSE:03309) has a ROIC % of 3.96% 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 C-MER Medical Holdings and its competitors.
Is C-MER Medical Holdings' ROIC % too high?
C-MER Medical Holdings' current ROIC % is 3.96%. The Healthcare Providers & Services industry median ROIC % is 3.30. C-MER Medical Holdings' value of 3.96% is 20% above this industry median. Overall, C-MER Medical Holdings has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does C-MER Medical Holdings' ROIC % compare to HCA and THC?
C-MER Medical Holdings' ROIC % of 3.96% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROIC % is 3.30. C-MER Medical Holdings' value of 3.96% is 20% 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 ROIC % for a Healthcare Providers & Services company?
The median ROIC % among Healthcare Providers & Services companies is 3.30, based on 675 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. C-MER Medical Holdings's current ROIC % of 3.96% is 20% 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 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 C-MER Medical Holdings and its competitors. For the Healthcare Providers & Services industry, the median ROIC % is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C-MER Medical Holdings's current ROIC % is 3.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C-MER Medical Holdings stock overvalued right now?
Based on GuruFocus' analysis, C-MER Medical Holdings (HKSE:03309) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.77, compared to a current price of HK$0.86 — trading 69.1% below its estimated fair value. The current ROIC % is 3.96% and 20% above the Healthcare Providers & Services industry median of 3.30. C-MER Medical Holdings' overall GF Score™ is 83/100 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 C-MER Medical Holdings (HKSE:03309), the current ROIC % is 3.96% 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 C-MER Medical Holdings (HKSE:03309) Overvalued in 2026?

Based on GuruFocus' analysis, C-MER Medical Holdings stock appears to be undervalued. The current stock price of HK$0.86 is trading 69.1% below its estimated GF Value™ of HK$2.77. GuruFocus considers C-MER Medical Holdings to be Possible Value Trap.

Key valuation signals for HKSE:03309:

  • ROIC %: 3.96%
  • GF Value™: HK$2.77 vs. price of HK$0.86 (69.1% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 20% above the Healthcare Providers & Services median

No single metric tells the full story. See the HKSE:03309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


C-MER Medical Holdings Business Description

Address 1-3 Pedder Street, Room 1535, China Construction Building, Central, Hong Kong, HKG
C-MER Medical Holdings Ltd is a ophthalmic medical chain group in Hong Kong and the Greater Bay Area. With ophthalmology as its core, it has gradually expanded its business scope to different specialist services. The company through its subsidiaries are principally engaged in the provision of ophthalmic, dental and other medical services, sales of vision aid products and sales of medical consumables in Hong Kong and Mainland China. Geographically, the company generates revenue from Mailand China, and Hong Kong, with the majority of revenue generated from Mainland China.
83GF Score

Get the complete analysis for HKSE:03309

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

HK$0.86
Price
HK$2.77
GF Value