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China Star EntertainmentCTAZF 37 ROC (Joel Greenblatt) % is -25.28% as of Dec. 2025. GuruFocus rates CTAZF with a GF Score™ of 37/100. The stock has 5 warning signs investors should review. Among 1,751 Real Estate companies, China Star Entertainment ranks worse than 84.24% 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 Star Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -25.28%.
The historical rank and industry rank for China Star Entertainment's ROC (Joel Greenblatt) % or its related term are showing as below:
CTAZF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -23.34 Med: -5.94 Max: 11.43
Current: -15.09
During the past 13 years, China Star Entertainment's highest ROC (Joel Greenblatt) % was 11.43%. The lowest was -23.34%. And the median was -5.94%.
CTAZF's ROC (Joel Greenblatt) % is ranked worse than 84.24% of 1751
companies
in the Real Estate industry
Industry Median: 13.46
vs CTAZF: -15.09
China Star Entertainment's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -27.10% per year.
China Star Entertainment (OTCPK:CTAZF) 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 Star Entertainment ROC (Joel Greenblatt) % Related Terms
China Star Entertainment ROC (Joel Greenblatt) % Historical Data
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The historical data trend for China Star Entertainment'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 Star Entertainment ROC (Joel Greenblatt) % Chart
CTAZF vs NFLX, DIS, WBD: ROC (Joel Greenblatt) % Comparison
For the Real Estate - Development subindustry, China Star Entertainment'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 Star Entertainment ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, China Star Entertainment's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Star Entertainment's ROC (Joel Greenblatt) % falls into.
China Star Entertainment 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 -25.28% mean?
China Star Entertainment (CTAZF) has a ROC (Joel Greenblatt) % of -25.28% 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 Star Entertainment and its competitors. According to the industry distribution chart, China Star Entertainment ranks #1475 out of 1751 companies in the Real Estate industry, placing it in the top 84.2%.
Is China Star Entertainment's ROC (Joel Greenblatt) % too high?
China Star Entertainment's current ROC (Joel Greenblatt) % is -25.28%. Based on the distribution chart, China Star Entertainment ranks #1475 out of 1751 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, China Star Entertainment has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does China Star Entertainment's ROC (Joel Greenblatt) % compare to NFLX and DIS?
According to the Real Estate industry distribution chart, China Star Entertainment ranks #1475 out of 1751 companies for ROC (Joel Greenblatt) %. This places China Star Entertainment in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.46. 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 13.46, based on 1,751 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 Star Entertainment and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Star Entertainment's current ROC (Joel Greenblatt) % is -25.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Star Entertainment stock overvalued right now?
China Star Entertainment (CTAZF) has a current ROC (Joel Greenblatt) % of -25.28%. The current ROC (Joel Greenblatt) % is -25.28%. China Star Entertainment's overall GF Score™ is 37/100 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 Star Entertainment (CTAZF), the current ROC (Joel Greenblatt) % is -25.28% 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.
China Star Entertainment Ltd is an investment holding company. It is principally engaged in investment, production, distribution and licensing of films and television drama series, short dramas and online movies, provision of artist management services, properties development and investment, building management services and development, promotion and operation in multi-channel network e-commerce platform and development and sales of private label products. The Group has three reportable segments: 1) film related business operations; 2) property development and investment operations; and 3) multi-media and entertainment business operations. The majority of revenue is derived from Property development and investment operations segment. Geographically, it derives maximum revenue from Macau.
37GF Score
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