China Travel International Investment Hong KongCTVIF 57 ROC (Joel Greenblatt) % is 8.92% as of Dec. 2025, which is 56% above its 10-year median of 5.73. GuruFocus rates CTVIF with a GF Score™ of 57/100 and a GF Value™ of $0.20 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 844 Travel & Leisure companies, China Travel International Investment Hong Kong ranks worse than 66.82% 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 Travel International Investment Hong Kong's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 8.92%.
China Travel International Investment Hong Kong (OTCPK:CTVIF) 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.
China Travel International Investment Hong Kong ROC (Joel Greenblatt) % Chart
China Travel International Investment Hong Kong Annual Data
CTVIF vs AS, HAS, LTH: ROC (Joel Greenblatt) % Comparison
For the Leisure subindustry, China Travel International Investment Hong Kong'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 Travel International Investment Hong Kong ROC (Joel Greenblatt) % vs Travel & Leisure Industry
China Travel International Investment Hong Kong 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 8.92% mean?
China Travel International Investment Hong Kong (CTVIF) has a ROC (Joel Greenblatt) % of 8.92% 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 Travel International Investment Hong Kong and its competitors. This is 56% above median its historical median of 5.73. According to the industry distribution chart, China Travel International Investment Hong Kong ranks #564 out of 844 companies in the Travel & Leisure industry, placing it in the top 66.8%.
Is China Travel International Investment Hong Kong's ROC (Joel Greenblatt) % too high?
China Travel International Investment Hong Kong's current ROC (Joel Greenblatt) % of 8.92% is 56% above median its 10-year median of 5.73. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.08. China Travel International Investment Hong Kong's value of 8.92% is 11.5% below this industry median. Based on the distribution chart, China Travel International Investment Hong Kong ranks #564 out of 844 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, China Travel International Investment Hong Kong has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Travel International Investment Hong Kong's ROC (Joel Greenblatt) % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, China Travel International Investment Hong Kong ranks #564 out of 844 companies for ROC (Joel Greenblatt) %. This places China Travel International Investment Hong Kong in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.08. China Travel International Investment Hong Kong's value of 8.92% is 11.5% below this benchmark. While the company's 10-year median is 5.73 vs. the industry median of 10.08, China Travel International Investment Hong Kong has consistently been below 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.08, based on 844 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 Travel International Investment Hong Kong's current ROC (Joel Greenblatt) % of 8.92% is 11.5% below 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 Travel International Investment Hong Kong and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Travel International Investment Hong Kong's current ROC (Joel Greenblatt) % is 8.92%, which is 56% above median its own 10-year median of 5.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Travel International Investment Hong Kong stock overvalued right now?
Based on GuruFocus' analysis, China Travel International Investment Hong Kong (CTVIF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.20, compared to a current price of $0.11 — trading 43.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.92%, which is 56% above median its 10-year median of 5.73 and 11.5% below the Travel & Leisure industry median of 10.08. China Travel International Investment Hong Kong's overall GF Score™ is 57/100 with 6 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 Travel International Investment Hong Kong (CTVIF), the current ROC (Joel Greenblatt) % is 8.92% 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 Travel International Investment Hong Kong (CTVIF) Overvalued in 2026?
Based on GuruFocus' analysis, China Travel International Investment Hong Kong stock appears to be undervalued.
The current stock price of $0.11 is trading 43.3% below its estimated GF Value™ of $0.20.
GuruFocus considers China Travel International Investment Hong Kong to be Possible Value Trap.
Key valuation signals for CTVIF:
ROC (Joel Greenblatt) %: 8.92% (56% above median its 10-year median of 5.73)
GF Value™: $0.20 vs. price of $0.11 (43.3% below fair value)
Industry Position: 11.5% below the Travel & Leisure median (#564 of 844)
No single metric tells the full story. See the CTVIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Travel International Investment Hong Kong Business Description
China Travel International Investment Hong Kong Ltd is a holding company focused on leisure investments. The company has four primary divisions: travel document and related operations, tourist attractions and related operations, hotel operations, and passenger transportation operations. The company derives revenue from its travel agency, tourist attraction, and hotel operations. Travel agency and related operations include the company's travel agency and travel document businesses. Tourist attraction operations, which comprise the majority portion of the company's revenue, include theme parks, resorts, and scenic destinations. Hotel operations include hotel accommodation, food, and beverage services. The company generates the vast majority of revenue in Hong Kong and mainland China.
57GF Score
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