CYATY (Contemporary Amperex Technology Co) ROC (Joel Greenblatt) %: 59.51% (As of Mar. 2026) — 49% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CYATY Contemporary Amperex Technology Co Ltd CYATY
75 GF Score
Price $19.78
GF Value $17.03
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Contemporary Amperex Technology Co ROC (Joel Greenblatt) %?

Contemporary Amperex Technology Co CYATY +1.46% 75 ROC (Joel Greenblatt) % is 59.51% as of Mar. 2026, which is 49% above its 10-year median of 39.98. GuruFocus rates CYATY with a GF Score™ of 75/100 and a GF Value™ of $17.03 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 3,064 Industrial Products companies, Contemporary Amperex Technology Co ranks better than 91.45% 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. Contemporary Amperex Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 59.51%.

The historical rank and industry rank for Contemporary Amperex Technology Co's ROC (Joel Greenblatt) % or its related term are showing as below:

CYATY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 33.84   Med: 39.98   Max: 59.87
Current: 59.87

During the past 12 years, Contemporary Amperex Technology Co's highest ROC (Joel Greenblatt) % was 59.87%. The lowest was 33.84%. And the median was 39.98%.

CYATY's ROC (Joel Greenblatt) % is ranked better than
91.45% of 3064 companies
in the Industrial Products industry
Industry Median: 11.7 vs CYATY: 59.87

Contemporary Amperex Technology Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.20% per year.


Contemporary Amperex Technology Co  (OTCPK:CYATY) 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.


Contemporary Amperex Technology Co ROC (Joel Greenblatt) % Related Terms


Contemporary Amperex Technology Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Contemporary Amperex Technology 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.

Contemporary Amperex Technology Co ROC (Joel Greenblatt) % Chart

Contemporary Amperex Technology Co 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 42.99 37.55 41.45 45.09 56.48

Contemporary Amperex Technology Co 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 49.20 58.05 55.27 67.13 59.51

CYATY vs VRT, BE, HUBB: ROC (Joel Greenblatt) % Comparison

For the Electrical Equipment & Parts subindustry, Contemporary Amperex Technology 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.


Contemporary Amperex Technology Co ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Contemporary Amperex Technology Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Contemporary Amperex Technology Co's ROC (Joel Greenblatt) % falls into.


CYATY
75GF Score
Contemporary Amperex Technology Co Ltd CYATY
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Contemporary Amperex Technology 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:

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)
=(10847.806 + 13420.922 + 3970.501) - (43871.534 + 0 + 7873.831)
=-23506.136

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11275.242 + 15806.638 + 5034.371) - (50041.249 + 0 + 7659.19)
=-25584.188

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Contemporary Amperex Technology Co 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 )
=15888.04/( ( (26100.22 + max(-23506.136, 0)) + (27292.826 + max(-25584.188, 0)) )/ 2 )
=15888.04/( ( 26100.22 + 27292.826 )/ 2 )
=15888.04/26696.523
=59.51 %

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 59.51% mean?
Contemporary Amperex Technology Co (CYATY) has a ROC (Joel Greenblatt) % of 59.51% 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 Contemporary Amperex Technology Co and its competitors. This is 49% above median its historical median of 39.98. Over the past decade, Contemporary Amperex Technology Co's ROC (Joel Greenblatt) % has ranged from 33.84 to 59.87. According to the industry distribution chart, Contemporary Amperex Technology Co ranks #262 out of 3064 companies in the Industrial Products industry, placing it in the top 8.6%.
Is Contemporary Amperex Technology Co's ROC (Joel Greenblatt) % too high?
Contemporary Amperex Technology Co's current ROC (Joel Greenblatt) % of 59.51% is 49% above median its 10-year median of 39.98. Over the past 10 years, this metric has ranged from a low of 33.84 to a high of 59.87. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.70. Contemporary Amperex Technology Co's value of 59.51% is 408.6% above this industry median. Based on the distribution chart, Contemporary Amperex Technology Co ranks #262 out of 3064 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Contemporary Amperex Technology Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Contemporary Amperex Technology Co's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Contemporary Amperex Technology Co ranks #262 out of 3064 companies for ROC (Joel Greenblatt) %. This places Contemporary Amperex Technology Co in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.70. Contemporary Amperex Technology Co's value of 59.51% is 408.6% above this benchmark. Historically, Contemporary Amperex Technology Co's own ROC (Joel Greenblatt) % has ranged from 33.84 to 59.87 over the past decade. While the company's 10-year median is 39.98 vs. the industry median of 11.70, Contemporary Amperex Technology Co 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.70, based on 3,064 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. Contemporary Amperex Technology Co's current ROC (Joel Greenblatt) % of 59.51% is 408.6% 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 Contemporary Amperex Technology Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Contemporary Amperex Technology Co's current ROC (Joel Greenblatt) % is 59.51%, which is 49% above median its own 10-year median of 39.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Contemporary Amperex Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Contemporary Amperex Technology Co (CYATY) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.03, compared to a current price of $19.78 — trading 16.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 59.51%, which is 49% above median its 10-year median of 39.98 and 408.6% above the Industrial Products industry median of 11.70. Contemporary Amperex Technology Co's overall GF Score™ is 75/100 with 3 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 Contemporary Amperex Technology Co (CYATY), the current ROC (Joel Greenblatt) % is 59.51% 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 Contemporary Amperex Technology Co (CYATY) Overvalued in 2026?

Based on GuruFocus' analysis, Contemporary Amperex Technology Co stock appears to be overvalued. The current stock price of $19.78 is trading 16.1% above its estimated GF Value™ of $17.03. GuruFocus considers Contemporary Amperex Technology Co to be Modestly Overvalued.

Key valuation signals for CYATY:

  • ROC (Joel Greenblatt) %: 59.51% (49% above median its 10-year median of 39.98)
  • GF Value™: $17.03 vs. price of $19.78 (16.1% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 408.6% above the Industrial Products median (#262 of 3064)

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


Contemporary Amperex Technology Co Business Description

Address No. 2, Xingang Road, Zhangwan Town, Jiaocheng District, Fujian Province, Ningde, CHN, 352100
CATL, headquartered in Ningde, Fujian Province, is a global leading battery manufacturer founded in 2011. The company specializes in the development and production of lithium-ion batteries for electric vehicle and energy storage systems. CATL is the largest EV battery manufacturer in the world and leads the industry in innovative battery technology development for higher-energy density and safety, longer battery service life, and super-fast charging. CATL is also involved in the manufacturing of cathode and other related battery materials. Through subsidiary Brunp, it works with customers to create a closed-loop battery life cycle from production, application, to recycling.
75GF Score

Get the complete analysis for CYATY

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

$19.78
Price
$17.03
GF Value