CMEIF (China MeiDong Auto Holdings) ROC (Joel Greenblatt) %: 13.91% (As of Dec. 2025) — 69% Below Median


CMEIF China MeiDong Auto Holdings Ltd CMEIF
47 GF Score
Price $0.10
GF Value $0.39
Valuation Significantly Undervalued
! 5 Warning Signs
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What is China MeiDong Auto Holdings ROC (Joel Greenblatt) %?

China MeiDong Auto Holdings CMEIF -35.84% 47 ROC (Joel Greenblatt) % is 13.91% as of Dec. 2025, which is 69% below its 10-year median of 44.68. GuruFocus rates CMEIF with a GF Score™ of 47/100 and a GF Value™ of $0.39 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,335 Vehicles & Parts companies, China MeiDong Auto Holdings ranks worse than 93.11% 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 MeiDong Auto Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 13.91%.

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

CMEIF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -87.3   Med: 44.68   Max: 72.92
Current: -31.6

During the past 13 years, China MeiDong Auto Holdings's highest ROC (Joel Greenblatt) % was 72.92%. The lowest was -87.30%. And the median was 44.68%.

CMEIF's ROC (Joel Greenblatt) % is ranked worse than
93.11% of 1335 companies
in the Vehicles & Parts industry
Industry Median: 11.97 vs CMEIF: -31.60

China MeiDong Auto Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


China MeiDong Auto Holdings  (OTCPK:CMEIF) 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 MeiDong Auto Holdings ROC (Joel Greenblatt) % Related Terms


China MeiDong Auto Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for China MeiDong Auto Holdings'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 MeiDong Auto Holdings ROC (Joel Greenblatt) % Chart

China MeiDong Auto Holdings 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 72.71 38.32 22.12 -87.52 -34.02

China MeiDong Auto Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 22.82 9.27 -176.86 -72.85 13.91

CMEIF vs CVNA, PAG, ALTB: ROC (Joel Greenblatt) % Comparison

For the Auto & Truck Dealerships subindustry, China MeiDong Auto Holdings'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 MeiDong Auto Holdings ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China MeiDong Auto Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where China MeiDong Auto Holdings's ROC (Joel Greenblatt) % falls into.


CMEIF
47GF Score
China MeiDong Auto Holdings Ltd CMEIF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China MeiDong Auto Holdings 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.924 + 117.686 + 140.52) - (272.42 + 0 + 105.779)
=-84.069

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.308 + 129.856 + 187.074) - (340.002 + 0 + 102.598)
=-102.362

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of China MeiDong Auto Holdings for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=48.82/( ( (388.92 + max(-84.069, 0)) + (312.769 + max(-102.362, 0)) )/ 2 )
=48.82/( ( 388.92 + 312.769 )/ 2 )
=48.82/350.8445
=13.91 %

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 13.91% mean?
China MeiDong Auto Holdings (CMEIF) has a ROC (Joel Greenblatt) % of 13.91% 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 MeiDong Auto Holdings and its competitors. This is 69% below median its historical median of 44.68. According to the industry distribution chart, China MeiDong Auto Holdings ranks #1243 out of 1335 companies in the Vehicles & Parts industry, placing it in the top 93.1%.
Is China MeiDong Auto Holdings' ROC (Joel Greenblatt) % too high?
China MeiDong Auto Holdings' current ROC (Joel Greenblatt) % of 13.91% is 69% below median its 10-year median of 44.68. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.97. China MeiDong Auto Holdings' value of 13.91% is 16.2% above this industry median. Based on the distribution chart, China MeiDong Auto Holdings ranks #1243 out of 1335 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, China MeiDong Auto Holdings has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China MeiDong Auto Holdings' ROC (Joel Greenblatt) % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, China MeiDong Auto Holdings ranks #1243 out of 1335 companies for ROC (Joel Greenblatt) %. This places China MeiDong Auto Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.97. China MeiDong Auto Holdings' value of 13.91% is 16.2% above this benchmark. While the company's 10-year median is 44.68 vs. the industry median of 11.97, China MeiDong Auto Holdings 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 a Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 11.97, based on 1,335 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 MeiDong Auto Holdings's current ROC (Joel Greenblatt) % of 13.91% is 16.2% 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 MeiDong Auto Holdings and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China MeiDong Auto Holdings's current ROC (Joel Greenblatt) % is 13.91%, which is 69% below median its own 10-year median of 44.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China MeiDong Auto Holdings stock overvalued right now?
Based on GuruFocus' analysis, China MeiDong Auto Holdings (CMEIF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.39, compared to a current price of $0.10 — trading 73.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.91%, which is 69% below median its 10-year median of 44.68 and 16.2% above the Vehicles & Parts industry median of 11.97. China MeiDong Auto Holdings' overall GF Score™ is 47/100 with 5 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 MeiDong Auto Holdings (CMEIF), the current ROC (Joel Greenblatt) % is 13.91% 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 MeiDong Auto Holdings (CMEIF) Overvalued in 2026?

Based on GuruFocus' analysis, China MeiDong Auto Holdings stock appears to be undervalued. The current stock price of $0.10 is trading 73.8% below its estimated GF Value™ of $0.39. GuruFocus considers China MeiDong Auto Holdings to be Significantly Undervalued.

Key valuation signals for CMEIF:

  • ROC (Joel Greenblatt) %: 13.91% (69% below median its 10-year median of 44.68)
  • GF Value™: $0.39 vs. price of $0.10 (73.8% below fair value)
  • GF Score™: 47/100 with 5 warning signs
  • Industry Position: 16.2% above the Vehicles & Parts median (#1243 of 1335)

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


China MeiDong Auto Holdings Business Description

Other Exchanges 01268:Hong Kong55M:Germany
Address Unit A1, Huangjin Road, 13th Floor, Tian An Tech Industry Building, Nancheng, Guangdong, Dongguan, CHN
China MeiDong Auto Holdings Ltd is an investment holding company principally engaged in the automobile dealership business authorized by the respective automobile manufacturers of particular brands in the PRC, including the sale of new passenger cars, spare parts, services, and surveys. The company's portfolio covers mid-to-high-end to luxury brands, including Toyota, Lexus, BMW, BMW Mini, and Porsche. Geographically, all the operations function in the region of China.
47GF Score

Get the complete analysis for CMEIF

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

$0.10
Price
$0.39
GF Value