MAWHY (Man Wah Holdings) ROIC %: 8.35% (As of Mar. 2026)


MAWHY Man Wah Holdings Ltd MAWHY
78 GF Score
Price $7.36
GF Value $11.08
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Man Wah Holdings ROIC %?

Man Wah Holdings MAWHY -0.94% 78 ROIC % is 8.35% as of Mar. 2026. GuruFocus rates MAWHY with a GF Score™ of 78/100 and a GF Value™ of $11.08 (Significantly Undervalued). The stock has 2 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 %. Man Wah Holdings's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 8.35%.

As of today (2026-06-25), Man Wah Holdings's WACC % is 9.67%. Man Wah Holdings's ROIC % is 11.22% (calculated using TTM income statement data). Man Wah Holdings generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Man Wah Holdings  (OTCPK:MAWHY) 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, Man Wah Holdings's WACC % is 9.67%. Man Wah Holdings's ROIC % is 11.22% (calculated using TTM income statement data). Man Wah Holdings generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


Man Wah Holdings ROIC % Related Terms


Man Wah Holdings ROIC % Historical Data

* Premium members only.

The historical data trend for Man Wah 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.

Man Wah Holdings ROIC % Chart

Man Wah Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.29 12.28 15.82 15.16 11.03

Man Wah Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 15.95 14.99 14.32 14.40 8.35

MAWHY vs SN, SGI, MHK: ROIC % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Man Wah 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.


Man Wah Holdings ROIC % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's ROIC % distribution charts can be found below:

* The bar in red indicates where Man Wah Holdings's ROIC % falls into.


MAWHY
78GF Score
Man Wah Holdings Ltd MAWHY
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Man Wah Holdings ROIC % Calculation

Man Wah Holdings's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=308.957 * ( 1 - 19.08% )/( (2145.668 + 2389.518)/ 2 )
=250.0080044/2267.593
=11.03 %

where

Invested Capital(A: Mar. 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))
=2576.111 - 145.016 - ( 524.892 - max(0, 786.594 - 1072.021+524.892))
=2145.668

Invested Capital(A: Mar. 2026 )
=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))
=2862.487 - 172.086 - ( 424.396 - max(0, 828.73 - 1129.613+424.396))
=2389.518

Man Wah Holdings's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=241.524 * ( 1 - 21.16% )/( (2173.661 + 2389.518)/ 2 )
=190.4175216/2281.5895
=8.35 %

where

Invested Capital(Q: Sep. 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))
=2696.707 - 158.351 - ( 507.64 - max(0, 785.113 - 1149.808+507.64))
=2173.661

Invested Capital(Q: Mar. 2026 )
=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))
=2862.487 - 172.086 - ( 424.396 - max(0, 828.73 - 1129.613+424.396))
=2389.518

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) 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 8.35% mean?
Man Wah Holdings (MAWHY) has a ROIC % of 8.35% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Man Wah Holdings and its competitors.
Is Man Wah Holdings' ROIC % too high?
Man Wah Holdings' current ROIC % is 8.35%. The Furnishings, Fixtures & Appliances industry median ROIC % is 3.53. Man Wah Holdings' value of 8.35% is 136.5% above this industry median. Overall, Man Wah Holdings has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Man Wah Holdings' ROIC % compare to SN and SGI?
Man Wah Holdings' ROIC % of 8.35% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROIC % is 3.53. Man Wah Holdings' value of 8.35% is 136.5% 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 Furnishings, Fixtures & Appliances company?
The median ROIC % among Furnishings, Fixtures & Appliances companies is 3.53, based on 431 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. Man Wah Holdings's current ROIC % of 8.35% is 136.5% 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 Man Wah Holdings and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROIC % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Wah Holdings's current ROIC % is 8.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Wah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Wah Holdings (MAWHY) is currently considered Significantly Undervalued. The stock's GF Value™ is $11.08, compared to a current price of $7.36 — trading 33.6% below its estimated fair value. The current ROIC % is 8.35% and 136.5% above the Furnishings, Fixtures & Appliances industry median of 3.53. Man Wah Holdings' overall GF Score™ is 78/100 with 2 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 Man Wah Holdings (MAWHY), the current ROIC % is 8.35% 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 Man Wah Holdings (MAWHY) Overvalued in 2026?

Based on GuruFocus' analysis, Man Wah Holdings stock appears to be undervalued. The current stock price of $7.36 is trading 33.6% below its estimated GF Value™ of $11.08. GuruFocus considers Man Wah Holdings to be Significantly Undervalued.

Key valuation signals for MAWHY:

  • ROIC %: 8.35%
  • GF Value™: $11.08 vs. price of $7.36 (33.6% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 136.5% above the Furnishings, Fixtures & Appliances median

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


Man Wah Holdings Business Description

Address 10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG
Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau) and also ahs its presence in North America, Europe and others.
78GF Score

Get the complete analysis for MAWHY

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

$7.36
Price
$11.08
GF Value