CHOLF (China Oilfield Services) ROC (Joel Greenblatt) %: 10.55% (As of Mar. 2026) — 29% Above Median


CHOLF China Oilfield Services Ltd CHOLF
71 GF Score
Price $0.88
GF Value $1.28
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is China Oilfield Services ROC (Joel Greenblatt) %?

China Oilfield Services CHOLF 71 ROC (Joel Greenblatt) % is 10.55% as of Mar. 2026, which is 29% above its 10-year median of 8.16. GuruFocus rates CHOLF with a GF Score™ of 71/100 and a GF Value™ of $1.28 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 997 Oil & Gas companies, China Oilfield Services ranks better than 58.27% 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. China Oilfield Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.55%.

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

CHOLF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -17.71   Med: 8.16   Max: 11.91
Current: 11.27

During the past 13 years, China Oilfield Services's highest ROC (Joel Greenblatt) % was 11.91%. The lowest was -17.71%. And the median was 8.16%.

CHOLF's ROC (Joel Greenblatt) % is ranked better than
58.27% of 997 companies
in the Oil & Gas industry
Industry Median: 8.44 vs CHOLF: 11.27

China Oilfield Services's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 15.40% per year.


China Oilfield Services  (OTCPK:CHOLF) 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.


China Oilfield Services ROC (Joel Greenblatt) % Related Terms


China Oilfield Services ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for China Oilfield Services'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 Oilfield Services ROC (Joel Greenblatt) % Chart

China Oilfield Services 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 4.13 7.70 10.70 11.07 12.11

China Oilfield Services 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 10.36 12.63 13.38 8.68 10.55

CHOLF vs SLB, BKR, HAL: ROC (Joel Greenblatt) % Comparison

For the Oil & Gas Equipment & Services subindustry, China Oilfield Services'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 Oilfield Services ROC (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Oilfield Services's ROC (Joel Greenblatt) % distribution charts can be found below:

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


CHOLF
71GF Score
China Oilfield Services Ltd CHOLF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Oilfield Services 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)
=(2123.476 + 344.839 + 83.911999999999) - (2547.661 + 0 + 199.881)
=-195.315

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2749.229 + 411.069 + 135.146) - (2372.576 + 0 + 254.933)
=667.935

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of China Oilfield Services 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 )
=750.188/( ( (6798.297 + max(-195.315, 0)) + (6759.711 + max(667.935, 0)) )/ 2 )
=750.188/( ( 6798.297 + 7427.646 )/ 2 )
=750.188/7112.9715
=10.55 %

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 10.55% mean?
China Oilfield Services (CHOLF) has a ROC (Joel Greenblatt) % of 10.55% 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 China Oilfield Services and its competitors. This is 29% above median its historical median of 8.16. According to the industry distribution chart, China Oilfield Services ranks #416 out of 997 companies in the Oil & Gas industry, placing it in the top 41.7%.
Is China Oilfield Services' ROC (Joel Greenblatt) % too high?
China Oilfield Services' current ROC (Joel Greenblatt) % of 10.55% is 29% above median its 10-year median of 8.16. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.44. China Oilfield Services' value of 10.55% is 25% above this industry median. Based on the distribution chart, China Oilfield Services ranks #416 out of 997 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, China Oilfield Services has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Oilfield Services' ROC (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, China Oilfield Services ranks #416 out of 997 companies for ROC (Joel Greenblatt) %. This puts China Oilfield Services in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.44. China Oilfield Services' value of 10.55% is 25% above this benchmark. While the company's 10-year median is 8.16 vs. the industry median of 8.44, China Oilfield Services 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 Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.44, based on 997 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. China Oilfield Services's current ROC (Joel Greenblatt) % of 10.55% is 25% 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 China Oilfield Services and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Oilfield Services's current ROC (Joel Greenblatt) % is 10.55%, which is 29% above median its own 10-year median of 8.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Oilfield Services stock overvalued right now?
Based on GuruFocus' analysis, China Oilfield Services (CHOLF) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.28, compared to a current price of $0.88 — trading 31.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.55%, which is 29% above median its 10-year median of 8.16 and 25% above the Oil & Gas industry median of 8.44. China Oilfield Services' overall GF Score™ is 71/100 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 China Oilfield Services (CHOLF), the current ROC (Joel Greenblatt) % is 10.55% 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 China Oilfield Services (CHOLF) Overvalued in 2026?

Based on GuruFocus' analysis, China Oilfield Services stock appears to be undervalued. The current stock price of $0.88 is trading 31.5% below its estimated GF Value™ of $1.28. GuruFocus considers China Oilfield Services to be Significantly Undervalued.

Key valuation signals for CHOLF:

  • ROC (Joel Greenblatt) %: 10.55% (29% above median its 10-year median of 8.16)
  • GF Value™: $1.28 vs. price of $0.88 (31.5% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 25% above the Oil & Gas median (#416 of 997)

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


China Oilfield Services Business Description

Industry EnergyOil & Gas
Address 201 Haiyou Avenue, Yanjiao Economic & Technological Development Zone, Hebei Province, Sanhe City, CHN, 065201
China Oilfield Services Ltd is engaged in the provision of oilfield services including drilling services, well services, marine support services, and geophysical acquisition and surveying services. It operates in four segments namely the drilling services segment offers oilfield drilling services, the well services segment offers logging and downhole services, the marine support services segment is engaged in the transportation of materials, supplies, and personnel to offshore facilities, moving and positioning drilling structures, and the geophysical acquisition and surveying services segment is engaged in the provision of offshore seismic data acquisition and marine surveying. It generates the majority of its revenue from Well services segment.
71GF Score

Get the complete analysis for CHOLF

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

$0.88
Price
$1.28
GF Value