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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 %. Miramar Hotel & Investment Co's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 2.85%.
As of today (2026-08-21), Miramar Hotel & Investment Co's WACC % is 6.27%. Miramar Hotel & Investment Co's ROIC % is 2.91% (calculated using TTM income statement data).
Miramar Hotel & Investment Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Miramar Hotel & Investment Co (OTCPK:MMHTF) 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, Miramar Hotel & Investment Co's WACC % is 6.27%. Miramar Hotel & Investment Co's ROIC % is 2.91% (calculated using TTM income statement data).
Miramar Hotel & Investment Co 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.
Miramar Hotel & Investment Co ROIC % Related Terms
Miramar Hotel & Investment Co ROIC % Historical 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.
For the Travel Services subindustry, Miramar Hotel & Investment Co'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.
Miramar Hotel & Investment Co ROIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Miramar Hotel & Investment Co's ROIC % distribution charts can be found below:
* The bar in red indicates where Miramar Hotel & Investment Co's ROIC % falls into.
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.
Miramar Hotel & Investment Co (MMHTF) has a ROIC % of 2.85% 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 Miramar Hotel & Investment Co and its competitors.
Is Miramar Hotel & Investment Co's ROIC % too high?
Miramar Hotel & Investment Co's current ROIC % is 2.85%. The Travel & Leisure industry median ROIC % is 3.73. Miramar Hotel & Investment Co's value of 2.85% is 23.6% below this industry median. Overall, Miramar Hotel & Investment Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Miramar Hotel & Investment Co's ROIC % compare to BKNG and ABNB?
Miramar Hotel & Investment Co's ROIC % of 2.85% can be compared against companies in the Travel & Leisure industry. The industry median ROIC % is 3.73. Miramar Hotel & Investment Co's value of 2.85% is 23.6% 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 Travel & Leisure company?
The median ROIC % among Travel & Leisure companies is 3.73, based on 836 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. Miramar Hotel & Investment Co's current ROIC % of 2.85% is 23.6% 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 Miramar Hotel & Investment Co 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. Miramar Hotel & Investment Co's current ROIC % is 2.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miramar Hotel & Investment Co stock overvalued right now?
Miramar Hotel & Investment Co (MMHTF) has a current ROIC % of 2.85%. The stock's GF Value™ is $1.37, compared to a current price of $1.27 — trading 7.3% below its estimated fair value. The current ROIC % is 2.85% and 23.6% below the Travel & Leisure industry median of 3.73. Miramar Hotel & Investment Co's overall GF Score™ is 82/100 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 Miramar Hotel & Investment Co (MMHTF), the current ROIC % is 2.85% 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 Miramar Hotel & Investment Co (MMHTF) Overvalued in 2026?
Based on GuruFocus' analysis, Miramar Hotel & Investment Co stock appears to be undervalued.
The current stock price of $1.27 is trading 7.3% below its estimated GF Value™ of $1.37.
Key valuation signals for MMHTF:
ROIC %: 2.85%
GF Value™: $1.37 vs. price of $1.27 (7.3% below fair value)
Industry Position: 23.6% below the Travel & Leisure median
No single metric tells the full story. See the MMHTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Miramar Hotel & Investment Co Ltd is an investment holding company. Along with its subsidiaries it operates in five reportbale segments: Property rental, which includes leasing of office and retail premises to generate rental income and to gain from the appreciation in properties values in the long term; Hotels & serviced apartments segment operates hotels and serviced apartments and provides hotel management services; Food & beverage operation segment operates restaurants; Travel operation segment is engaged in providing travel agency services; and Others. Maximum revenue for the group is generated from the Travel operation segment. Geographically, it generates maximum revenue from the Hong Kong Special Administrative Region, followed by the People's Republic of China, and United Kingdom.
82GF Score
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