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Nanjing Shining Electric Automation CoBJSE:920299 74 ROC (Joel Greenblatt) % is 19.73% as of Jun. 2026, which is 75% below its 10-year median of 79.97. GuruFocus rates BJSE:920299 with a GF Score™ of 74/100 and a GF Value™ of ¥15.01 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,071 Industrial Products companies, Nanjing Shining Electric Automation Co ranks better than 84.04% 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. Nanjing Shining Electric Automation Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 19.73%.
BJSE:920299'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 38.74 Med: 79.97 Max: 174.95
Current: 38.74
During the past 12 years, Nanjing Shining Electric Automation Co's highest ROC (Joel Greenblatt) % was 174.95%. The lowest was 38.74%. And the median was 79.97%.
BJSE:920299's ROC (Joel Greenblatt) % is ranked better than 84.04% of 3071
companies
in the Industrial Products industry
Industry Median: 11.9
vs BJSE:920299: 38.74
Nanjing Shining Electric Automation Co (BJSE:920299) 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.
Nanjing Shining Electric Automation Co ROC (Joel Greenblatt) % Chart
Nanjing Shining Electric Automation Co Annual Data
BJSE:920299 vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Nanjing Shining Electric Automation 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.
Nanjing Shining Electric Automation Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nanjing Shining Electric Automation Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nanjing Shining Electric Automation Co's ROC (Joel Greenblatt) % falls into.
Nanjing Shining Electric Automation 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 (Jun. 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 19.73% mean?
Nanjing Shining Electric Automation Co (BJSE:920299) has a ROC (Joel Greenblatt) % of 19.73% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Nanjing Shining Electric Automation Co and its competitors. This is 75% below median its historical median of 79.97. Over the past decade, Nanjing Shining Electric Automation Co's ROC (Joel Greenblatt) % has ranged from 38.74 to 174.95. According to the industry distribution chart, Nanjing Shining Electric Automation Co ranks #490 out of 3071 companies in the Industrial Products industry, placing it in the top 16%.
Is Nanjing Shining Electric Automation Co's ROC (Joel Greenblatt) % too high?
Nanjing Shining Electric Automation Co's current ROC (Joel Greenblatt) % of 19.73% is 75% below median its 10-year median of 79.97. Over the past 10 years, this metric has ranged from a low of 38.74 to a high of 174.95. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.90. Nanjing Shining Electric Automation Co's value of 19.73% is 65.8% above this industry median. Based on the distribution chart, Nanjing Shining Electric Automation Co ranks #490 out of 3071 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nanjing Shining Electric Automation Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Shining Electric Automation Co's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nanjing Shining Electric Automation Co ranks #490 out of 3071 companies for ROC (Joel Greenblatt) %. This places Nanjing Shining Electric Automation Co in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.90. Nanjing Shining Electric Automation Co's value of 19.73% is 65.8% above this benchmark. Historically, Nanjing Shining Electric Automation Co's own ROC (Joel Greenblatt) % has ranged from 38.74 to 174.95 over the past decade. While the company's 10-year median is 79.97 vs. the industry median of 11.90, Nanjing Shining Electric Automation Co has consistently been above 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 ROC (Joel Greenblatt) % for an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.90, based on 3,071 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. Nanjing Shining Electric Automation Co's current ROC (Joel Greenblatt) % of 19.73% is 65.8% 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 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 Nanjing Shining Electric Automation Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Shining Electric Automation Co's current ROC (Joel Greenblatt) % is 19.73%, which is 75% below median its own 10-year median of 79.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Shining Electric Automation Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Shining Electric Automation Co (BJSE:920299) is currently considered Fairly Valued. The stock's GF Value™ is ¥15.01, compared to a current price of ¥15.06 — trading 0.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 19.73%, which is 75% below median its 10-year median of 79.97 and 65.8% above the Industrial Products industry median of 11.90. Nanjing Shining Electric Automation Co's overall GF Score™ is 74/100 with 4 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 Nanjing Shining Electric Automation Co (BJSE:920299), the current ROC (Joel Greenblatt) % is 19.73% as of Jun. 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 Nanjing Shining Electric Automation Co (BJSE:920299) Overvalued in 2026?
Based on GuruFocus' analysis, Nanjing Shining Electric Automation Co stock appears to be overvalued.
The current stock price of ¥15.06 is trading 0.3% above its estimated GF Value™ of ¥15.01.
GuruFocus considers Nanjing Shining Electric Automation Co to be Fairly Valued.
Key valuation signals for BJSE:920299:
ROC (Joel Greenblatt) %: 19.73% (75% below median its 10-year median of 79.97)
GF Value™: ¥15.01 vs. price of ¥15.06 (0.3% above fair value)
Industry Position: 65.8% above the Industrial Products median (#490 of 3071)
No single metric tells the full story. See the BJSE:920299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanjing Shining Electric Automation Co Ltd engages in the research and development, production, and sales of power quality monitoring equipment and systems. It is also providing technical services such as power quality testing and evaluation. Its product categories comprise Power Quality Monitoring Devices, Power Quality Analyzers, and Power Quality Control Products.
74GF Score
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