ALMMF (Aluminum of China) ROC (Joel Greenblatt) %: 43.46% (As of Mar. 2026) — 312% Above Median

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ALMMF Aluminum Corp of China Ltd ALMMF
79 GF Score
Price $0.97
GF Value $1.11
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Aluminum of China ROC (Joel Greenblatt) %?

Aluminum of China ALMMF +0.14% 79 ROC (Joel Greenblatt) % is 43.46% as of Mar. 2026, which is 312% above its 10-year median of 10.56. GuruFocus rates ALMMF with a GF Score™ of 79/100 and a GF Value™ of $1.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,502 Metals & Mining companies, Aluminum of China ranks better than 90.17% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Aluminum of China's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 43.46%.

The historical rank and industry rank for Aluminum of China's ROC (Joel Greenblatt) % or its related term are showing as below:

ALMMF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.62   Med: 10.56   Max: 28.71
Current: 28.71

During the past 13 years, Aluminum of China's highest ROC (Joel Greenblatt) % was 28.71%. The lowest was 5.62%. And the median was 10.56%.

ALMMF's ROC (Joel Greenblatt) % is ranked better than
90.17% of 2502 companies
in the Metals & Mining industry
Industry Median: -22.105 vs ALMMF: 28.71

Aluminum of China's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 27.00% per year.


Aluminum of China  (OTCPK:ALMMF) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Aluminum of China ROC (Joel Greenblatt) % Related Terms


Aluminum of China ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Aluminum of China's ROC (Joel Greenblatt) % 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.

Aluminum of China ROC (Joel Greenblatt) % Chart

Aluminum of China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.19 12.12 14.58 20.28 23.54

Aluminum of China Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % 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 24.17 24.98 27.31 19.21 43.46

ALMMF vs AA, CENX, CSTM: ROC (Joel Greenblatt) % Comparison

For the Aluminum subindustry, Aluminum of China's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.


Aluminum of China ROC (Joel Greenblatt) % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminum of China's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Aluminum of China's ROC (Joel Greenblatt) % falls into.


ALMMF
79GF Score
Aluminum Corp of China Ltd ALMMF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aluminum of China ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(734.357 + 3410.608 + 399.65) - (4321.204 + 0 + 483.971)
=-260.56

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1140.276 + 3554.414 + 280.343) - (4636.487 + 0 + 496.346)
=-157.8

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Aluminum of China for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7232.584/( ( (17135.846 + max(-260.56, 0)) + (16148.306 + max(-157.8, 0)) )/ 2 )
=7232.584/( ( 17135.846 + 16148.306 )/ 2 )
=7232.584/16642.076
=43.46 %

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

What does a ROC (Joel Greenblatt) % of 43.46% mean?
Aluminum of China (ALMMF) has a ROC (Joel Greenblatt) % of 43.46% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Aluminum of China and its competitors. This is 312% above median its historical median of 10.56. Over the past decade, Aluminum of China's ROC (Joel Greenblatt) % has ranged from 5.62 to 28.71. According to the industry distribution chart, Aluminum of China ranks #246 out of 2502 companies in the Metals & Mining industry, placing it in the top 9.8%.
Is Aluminum of China's ROC (Joel Greenblatt) % too high?
Aluminum of China's current ROC (Joel Greenblatt) % of 43.46% is 312% above median its 10-year median of 10.56. Over the past 10 years, this metric has ranged from a low of 5.62 to a high of 28.71. Based on the distribution chart, Aluminum of China ranks #246 out of 2502 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Aluminum of China has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aluminum of China's ROC (Joel Greenblatt) % compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Aluminum of China ranks #246 out of 2502 companies for ROC (Joel Greenblatt) %. This places Aluminum of China in the top 10% of its industry — outperforming the majority of peers. Historically, Aluminum of China's own ROC (Joel Greenblatt) % has ranged from 5.62 to 28.71 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Metals & Mining company?
A good ROC (Joel Greenblatt) % depends on the Metals & Mining industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Aluminum of China and its competitors. Aluminum of China's current ROC (Joel Greenblatt) % is 43.46%, which is 312% above median its own 10-year median of 10.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluminum of China stock overvalued right now?
Based on GuruFocus' analysis, Aluminum of China (ALMMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.11, compared to a current price of $0.97 — trading 12.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 43.46%, which is 312% above median its 10-year median of 10.56. Aluminum of China's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Aluminum of China (ALMMF), the current ROC (Joel Greenblatt) % is 43.46% 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 Aluminum of China (ALMMF) Overvalued in 2026?

Based on GuruFocus' analysis, Aluminum of China stock appears to be undervalued. The current stock price of $0.97 is trading 12.6% below its estimated GF Value™ of $1.11. GuruFocus considers Aluminum of China to be Modestly Undervalued.

Key valuation signals for ALMMF:

  • ROC (Joel Greenblatt) %: 43.46% (312% above median its 10-year median of 10.56)
  • GF Value™: $1.11 vs. price of $0.97 (12.6% below fair value)
  • GF Score™: 79/100 with 2 warning signs

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


Aluminum of China Business Description

Address No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Aluminum Corp of China Ltd is an aluminum producer. Its main business includes exploration and mining of resources such as bauxite and coal, production, sales, technology research and development of alumina, primary aluminum, aluminum alloys, and carbon products, international trade, logistics industry, thermal and new energy power generation, etc. The company's reportable operating segments are: the alumina segment, the primary aluminum segment, the energy segment, the marketing segment, and the corporate and other segment. The majority of its revenue is generated from the primary aluminum segment, which consists of procuring alumina and other raw materials, supplemental materials, and electricity power, and smelting alumina to produce primary aluminum.
79GF Score

Get the complete analysis for ALMMF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.97
Price
$1.11
GF Value