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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. China Boton Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -71.72%.
The historical rank and industry rank for China Boton Group Co's ROC (Joel Greenblatt) % or its related term are showing as below:
CHBGF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -36.37 Med: 20.49 Max: 28.03
Current: -35.78
During the past 13 years, China Boton Group Co's highest ROC (Joel Greenblatt) % was 28.03%. The lowest was -36.37%. And the median was 20.49%.
CHBGF's ROC (Joel Greenblatt) % is ranked worse than 93.89% of 1604
companies
in the Chemicals industry
Industry Median: 9.565
vs CHBGF: -35.78
China Boton Group Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
China Boton Group Co (OTCPK:CHBGF) 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.
China Boton Group Co ROC (Joel Greenblatt) % Related Terms
China Boton Group Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for China Boton Group Co'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.
China Boton Group Co ROC (Joel Greenblatt) % Chart
CHBGF vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, China Boton Group 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.
China Boton Group Co ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, China Boton Group Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Boton Group Co's ROC (Joel Greenblatt) % falls into.
China Boton Group 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 two times the semi-annual (Dec. 2025) 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 -71.72% mean?
China Boton Group Co (CHBGF) has a ROC (Joel Greenblatt) % of -71.72% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on China Boton Group Co and its competitors. According to the industry distribution chart, China Boton Group Co ranks #1506 out of 1604 companies in the Chemicals industry, placing it in the top 93.9%.
Is China Boton Group Co's ROC (Joel Greenblatt) % too high?
China Boton Group Co's current ROC (Joel Greenblatt) % is -71.72%. Based on the distribution chart, China Boton Group Co ranks #1506 out of 1604 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, China Boton Group Co has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does China Boton Group Co's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, China Boton Group Co ranks #1506 out of 1604 companies for ROC (Joel Greenblatt) %. This places China Boton Group Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.57. 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.57, based on 1,604 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. 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 China Boton Group Co and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Boton Group Co's current ROC (Joel Greenblatt) % is -71.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Boton Group Co stock overvalued right now?
China Boton Group Co (CHBGF) has a current ROC (Joel Greenblatt) % of -71.72%. The stock's GF Value™ is $0.16, compared to a current price of $0.30 — trading 87.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is -71.72%. China Boton Group Co's overall GF Score™ is 52/100 with 10 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 China Boton Group Co (CHBGF), the current ROC (Joel Greenblatt) % is -71.72% 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 China Boton Group Co (CHBGF) Overvalued in 2026?
Based on GuruFocus' analysis, China Boton Group Co stock appears to be overvalued.
The current stock price of $0.30 is trading 87.5% above its estimated GF Value™ of $0.16.
Key valuation signals for CHBGF:
ROC (Joel Greenblatt) %: -71.72%
GF Value™: $0.16 vs. price of $0.30 (87.5% above fair value)
No single metric tells the full story. See the CHBGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Boton Group Co Ltd is an investment holding company engaged in the manufacture and sale of flavors, fragrances, and healthcare products. The company operates its business through five business segments. The Flavor Enhancers segment is engaged in the development and sale of fragrance enhancer products. The Food Flavors segment is engaged in the production and sale of food flavors. The Fine Fragrances segment is engaged in the production and sale of fine fragrances. The e-Cigarette products segment comprises disposable e-Cigarettes and rechargeable e-Cigarettes and their accessories. The Investment Properties segment is engaged in real estate leasing. Its geographical segments are the PRC, Europe, the United States, Asia, and Others, of which prime revenue is derived from the PRC.
52GF Score
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