Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
As of today (2026-08-02), Overseas Chinese Town (Asia) Holdings's weighted average cost of capital is 4.42%%. Overseas Chinese Town (Asia) Holdings's ROIC % is -22.03% (calculated using TTM income statement data).
Overseas Chinese Town (Asia) Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.
For a comprehensive WACC calculation, please access the WACC Calculator.
Overseas Chinese Town (Asia) Holdings (HKSE:03366) WACC % Explanation
Because it costs money to raise capital. A firm that generates higher ROIC % 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, Overseas Chinese Town (Asia) Holdings's weighted average cost of capital is 4.42%%. Overseas Chinese Town (Asia) Holdings's ROIC % is -22.03% (calculated using TTM income statement data).
Overseas Chinese Town (Asia) Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
1. GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding latest one-year semi-annual average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together.
For companies that report quarterly, GuruFocus combines all of the most recent year's quarterly debt data from the beginning of the year to the year-end and calculates the average.
For companies that report semi-annually, GuruFocus combines all of the most recent year's semi-annual debt data from the start of the year to the year-end and calculates the average.
For companies that report annually, GuruFocus combines the beginning and ending annual debt data from the most recent year and then calculates the average.
2. The WACC formula discussed above does not include Preferred Stock. Please adjust if preferred stock is considered.
3. (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
4. GuruFocus uses the latest TTM Interest Expense divided by the latest one-year semi-annual average debt to get the simplified cost of debt.
Related Terms
Overseas Chinese Town (Asia) Holdings WACC % 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.
Overseas Chinese Town (Asia) Holdings WACC % Chart
Overseas Chinese Town (Asia) Holdings WACC % Competitor Comparison
For the Real Estate - Development subindustry, Overseas Chinese Town (Asia) Holdings's WACC %, along with its competitors' market caps and WACC % 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.
Overseas Chinese Town (Asia) Holdings WACC % vs Real Estate Industry
Overseas Chinese Town (Asia) Holdings WACC % Calculation
The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. The WACC is commonly referred to as the firm's cost of capital. Generally speaking, a company's assets are financed by debt and equity. WACC is the average of the costs of these sources of financing, each of which is weighted by its respective use in the given situation. By taking a weighted average, we can see how much interest the company has to pay for every dollar it finances.
WACC
=
E
/
(E + D)
*
Cost of Equity
+
D
/
(E + D)
*
Cost of Debt
*
(1 - Tax Rate)
1. Weights:
Generally speaking, a company's assets are financed by debt and equity. We need to calculate the weight of equity and the weight of debt.
The market value of equity (E) is also called "Market Cap". As of today, Overseas Chinese Town (Asia) Holdings's market capitalization (E) is HK$156.408 Mil.
The market value of debt is typically difficult to calculate, therefore, GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding the latest one-year semi-annual average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Dec. 2025, Overseas Chinese Town (Asia) Holdings's latest one-year semi-annual average Book Value of Debt (D) is HK$8693.3407 Mil.
a) weight of equity = E / (E + D) = 156.408 / (156.408 + 8693.3407) = 0.0177
b) weight of debt = D / (E + D) = 8693.3407 / (156.408 + 8693.3407) = 0.9823
2. Cost of Equity:
GuruFocus uses Capital Asset Pricing Model (CAPM) to calculate the required rate of return. The formula is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
a) GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate. It is updated daily. The current risk-free rate is 4.696%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default.
b) Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. Overseas Chinese Town (Asia) Holdings's beta is 1.6836.
c) (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
Cost of Equity = 4.696% + 1.6836 * 6% = 14.7976%
3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year semi-annual average debt to get the simplified cost of debt.
As of Dec. 2025, Overseas Chinese Town (Asia) Holdings's interest expense (positive number) was HK$367.776 Mil. Its total Book Value of Debt (D) is HK$8693.3407 Mil.
Cost of Debt = 367.776 / 8693.3407 = 4.2305%.
4. Multiply by one minus TTM Tax Rate:
GuruFocus uses the most recent TTM Tax Expense divided by the most recent TTM Pre-Tax Income to calculate the tax rate. The calculated TTM tax rate is limited to between 0% and 100%. If the calculated tax rate is higher than 100%, it is set to 100%. If the calculated tax rate is less than 0%, it is set to 0%.
The latest calculated TTM Tax Rate = 35.5 / -2945.668 = -1.21%, which is less than 0%. Therefore it's set to 0%.
* 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.
Overseas Chinese Town (Asia) Holdings (HKSE:03366) has a WACC % of 4.42% as of Aug. 02, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Overseas Chinese Town (Asia) Holdings and its competitors. This is 59% above median its historical median of 2.78. Over the past decade, Overseas Chinese Town (Asia) Holdings' WACC % has ranged from 0.17 to 4.43. According to the industry distribution chart, Overseas Chinese Town (Asia) Holdings ranks #541 out of 1842 companies in the Real Estate industry, placing it in the top 29.4%.
Is Overseas Chinese Town (Asia) Holdings' WACC % too high?
Overseas Chinese Town (Asia) Holdings' current WACC % of 4.42% is 59% above median its 10-year median of 2.78. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 4.43. The Real Estate industry median WACC % is 6.53. Overseas Chinese Town (Asia) Holdings' value of 4.42% is 32.3% below this industry median. Based on the distribution chart, Overseas Chinese Town (Asia) Holdings ranks #541 out of 1842 companies in the Real Estate industry, which is above the industry midpoint. Overall, Overseas Chinese Town (Asia) Holdings has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Overseas Chinese Town (Asia) Holdings' WACC % compare to competitors?
According to the Real Estate industry distribution chart, Overseas Chinese Town (Asia) Holdings ranks #541 out of 1842 companies for WACC %. This puts Overseas Chinese Town (Asia) Holdings in the upper half of its industry. The industry median WACC % is 6.53. Overseas Chinese Town (Asia) Holdings' value of 4.42% is 32.3% below this benchmark. Historically, Overseas Chinese Town (Asia) Holdings' own WACC % has ranged from 0.17 to 4.43 over the past decade. While the company's 10-year median is 2.78 vs. the industry median of 6.53, Overseas Chinese Town (Asia) Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good WACC % for a Real Estate company?
The median WACC % among Real Estate companies is 6.53, based on 1,842 companies in the industry. Companies in the top quartile (top 25%) have a WACC % significantly above this median, while those in the bottom quartile fall well below. However, WACC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Overseas Chinese Town (Asia) Holdings's current WACC % of 4.42% is 32.3% 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 WACC % mean?
A high WACC % can signal that a stock is expensive relative to its fundamentals. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Overseas Chinese Town (Asia) Holdings and its competitors. For the Real Estate industry, the median WACC % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Overseas Chinese Town (Asia) Holdings's current WACC % is 4.42%, which is 59% above median its own 10-year median of 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Overseas Chinese Town (Asia) Holdings stock overvalued right now?
Based on GuruFocus' analysis, Overseas Chinese Town (Asia) Holdings (HKSE:03366) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.21 — trading 198.6% above its estimated fair value. The current WACC % is 4.42%, which is 59% above median its 10-year median of 2.78 and 32.3% below the Real Estate industry median of 6.53. Overseas Chinese Town (Asia) Holdings' overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is WACC % calculated?
WACC % is calculated from a company's financial statements. For Overseas Chinese Town (Asia) Holdings (HKSE:03366), the current WACC % is 4.42% as of Aug. 02, 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 Overseas Chinese Town (Asia) Holdings (HKSE:03366) Overvalued in 2026?
Based on GuruFocus' analysis, Overseas Chinese Town (Asia) Holdings stock appears to be overvalued.
The current stock price of HK$0.21 is trading 198.6% above its estimated GF Value™ of HK$0.07.
GuruFocus considers Overseas Chinese Town (Asia) Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:03366:
WACC %: 4.42% (59% above median its 10-year median of 2.78)
GF Value™: HK$0.07 vs. price of HK$0.21 (198.6% above fair value)
Industry Position: 32.3% below the Real Estate median (#541 of 1842)
No single metric tells the full story. See the HKSE:03366 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Overseas Chinese Town (Asia) Holdings Ltd is an investment holding company engaged in comprehensive development, equity investment and fund management. The company's segments include Comprehensive development business engaged in development and sale of residential properties, development and management of properties, property investment and operation of hotel; and Equity investment and fund business segment engaged in the investment in new urbanization industrial ecosphere, such as domestic and overseas direct investments, industrial fund, and education. It derives revenue from sale of properties, hotel revenue and fund management fee income. Geographically, it derives majority of the revenue from Chinese Mainland and Hong Kong.
30GF Score
Get the complete analysis for HKSE:03366
WACC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:03366 has been successfully added to your 
