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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. Beijing Capital International Airport Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.41%.
BJCHF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.22 Med: -1.26 Max: 13.91
Current: -0.42
During the past 13 years, Beijing Capital International Airport Co's highest ROC (Joel Greenblatt) % was 13.91%. The lowest was -14.22%. And the median was -1.26%.
BJCHF's ROC (Joel Greenblatt) % is ranked worse than 86.29% of 999
companies
in the Transportation industry
Industry Median: 11.71
vs BJCHF: -0.42
Beijing Capital International Airport Co (OTCPK:BJCHF) 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.
* 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.
Beijing Capital International Airport Co ROC (Joel Greenblatt) % Chart
Beijing Capital International Airport Co Annual Data
BJCHF vs JOBY, CAAP: ROC (Joel Greenblatt) % Comparison
For the Airports & Air Services subindustry, Beijing Capital International Airport Co'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.
Beijing Capital International Airport Co ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Beijing Capital International Airport Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Beijing Capital International Airport Co's ROC (Joel Greenblatt) % falls into.
Beijing Capital International Airport Co 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:
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.
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 1.41% mean?
Beijing Capital International Airport Co (BJCHF) has a ROC (Joel Greenblatt) % of 1.41% 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 Beijing Capital International Airport Co and its competitors. According to the industry distribution chart, Beijing Capital International Airport Co ranks #862 out of 999 companies in the Transportation industry, placing it in the top 86.3%.
Is Beijing Capital International Airport Co's ROC (Joel Greenblatt) % too high?
Beijing Capital International Airport Co's current ROC (Joel Greenblatt) % is 1.41%. The Transportation industry median ROC (Joel Greenblatt) % is 11.71. Beijing Capital International Airport Co's value of 1.41% is 88% below this industry median. Based on the distribution chart, Beijing Capital International Airport Co ranks #862 out of 999 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Beijing Capital International Airport Co has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beijing Capital International Airport Co's ROC (Joel Greenblatt) % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Beijing Capital International Airport Co ranks #862 out of 999 companies for ROC (Joel Greenblatt) %. This places Beijing Capital International Airport Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.71. Beijing Capital International Airport Co's value of 1.41% is 88% 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 ROC (Joel Greenblatt) % for a Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.71, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Beijing Capital International Airport Co's current ROC (Joel Greenblatt) % of 1.41% is 88% 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 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 Beijing Capital International Airport Co and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Capital International Airport Co's current ROC (Joel Greenblatt) % is 1.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Capital International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Capital International Airport Co (BJCHF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.34, compared to a current price of $0.18 — trading 48.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1.41% and 88% below the Transportation industry median of 11.71. Beijing Capital International Airport Co's overall GF Score™ is 45/100 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 Beijing Capital International Airport Co (BJCHF), the current ROC (Joel Greenblatt) % is 1.41% 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 Beijing Capital International Airport Co (BJCHF) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Capital International Airport Co stock appears to be undervalued.
The current stock price of $0.18 is trading 48.4% below its estimated GF Value™ of $0.34.
GuruFocus considers Beijing Capital International Airport Co to be Possible Value Trap.
Key valuation signals for BJCHF:
ROC (Joel Greenblatt) %: 1.41%
GF Value™: $0.34 vs. price of $0.18 (48.4% below fair value)
Industry Position: 88% below the Transportation median (#862 of 999)
No single metric tells the full story. See the BJCHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Capital International Airport Co Ltd is principally engaged in the ownership and operation of Beijing Capital Airport and the provision of related services. The company manages both aeronautical and non-aeronautical businesses at the airport. Its aeronautical business includes aircraft landing and take-off services, passenger service facilities, ground support, and firefighting services for domestic and international airlines. Its non-aeronautical business mainly involves granting concessions for services such as ground handling, in-flight catering, duty-free and retail shops, restaurants, VIP services, and advertising spaces within the terminals. It also generates revenue through leasing terminal properties and providing car parking services.
45GF Score
Get the complete analysis for BJCHF
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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