FEZHF (Far East Horizon) ROC (Joel Greenblatt) %: 33.46% (As of Dec. 2025) — 29% Below Median

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FEZHF Far East Horizon Ltd FEZHF
77 GF Score
Price $0.63
GF Value $0.56
! 6 Warning Signs
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What is Far East Horizon ROC (Joel Greenblatt) %?

Far East Horizon FEZHF 77 ROC (Joel Greenblatt) % is 33.46% as of Dec. 2025, which is 29% below its 10-year median of 47.08. GuruFocus rates FEZHF with a GF Score™ of 77/100 and a GF Value™ of $0.56. The stock has 6 warning signs investors should review. Among 414 Credit Services companies, Far East Horizon ranks worse than 51.21% 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. Far East Horizon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 33.46%.

The historical rank and industry rank for Far East Horizon's ROC (Joel Greenblatt) % or its related term are showing as below:

FEZHF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 32.94   Med: 47.08   Max: 98.43
Current: 32.94

During the past 13 years, Far East Horizon's highest ROC (Joel Greenblatt) % was 98.43%. The lowest was 32.94%. And the median was 47.08%.

FEZHF's ROC (Joel Greenblatt) % is ranked worse than
51.21% of 414 companies
in the Credit Services industry
Industry Median: 38.59 vs FEZHF: 32.94

Far East Horizon's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.80% per year.


Far East Horizon  (OTCPK:FEZHF) 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.


Far East Horizon ROC (Joel Greenblatt) % Related Terms


Far East Horizon ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Far East Horizon'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.

Far East Horizon ROC (Joel Greenblatt) % Chart

Far East Horizon 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 44.83 40.81 42.94 33.36 33.08

Far East Horizon 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 45.59 33.18 32.00 32.43 33.46

FEZHF vs V, MA, AXP: ROC (Joel Greenblatt) % Comparison

For the Credit Services subindustry, Far East Horizon'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.


Far East Horizon ROC (Joel Greenblatt) % vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Far East Horizon's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Far East Horizon's ROC (Joel Greenblatt) % falls into.


FEZHF
77GF Score
Far East Horizon Ltd FEZHF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Far East Horizon 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)
=(0 + 60.539 + 322.085) - (2862.39 + 0 + 16.287)
=-2496.053

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 84.866 + 661.11399999999) - (2953.296 + 0 + 235.356)
=-2442.672

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Far East Horizon 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 )
=1319.442/( ( (3925.832 + max(-2496.053, 0)) + (3960.764 + max(-2442.672, 0)) )/ 2 )
=1319.442/( ( 3925.832 + 3960.764 )/ 2 )
=1319.442/3943.298
=33.46 %

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 33.46% mean?
Far East Horizon (FEZHF) has a ROC (Joel Greenblatt) % of 33.46% 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 Far East Horizon and its competitors. This is 29% below median its historical median of 47.08. Over the past decade, Far East Horizon's ROC (Joel Greenblatt) % has ranged from 32.94 to 98.43. According to the industry distribution chart, Far East Horizon ranks #212 out of 414 companies in the Credit Services industry, placing it in the top 51.2%.
Is Far East Horizon's ROC (Joel Greenblatt) % too high?
Far East Horizon's current ROC (Joel Greenblatt) % of 33.46% is 29% below median its 10-year median of 47.08. Over the past 10 years, this metric has ranged from a low of 32.94 to a high of 98.43. The Credit Services industry median ROC (Joel Greenblatt) % is 38.59. Far East Horizon's value of 33.46% is 13.3% below this industry median. Based on the distribution chart, Far East Horizon ranks #212 out of 414 companies in the Credit Services industry, which is below the industry midpoint. Overall, Far East Horizon has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Far East Horizon's ROC (Joel Greenblatt) % compare to V and MA?
According to the Credit Services industry distribution chart, Far East Horizon ranks #212 out of 414 companies for ROC (Joel Greenblatt) %. This places Far East Horizon in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 38.59. Far East Horizon's value of 33.46% is 13.3% below this benchmark. Historically, Far East Horizon's own ROC (Joel Greenblatt) % has ranged from 32.94 to 98.43 over the past decade. While the company's 10-year median is 47.08 vs. the industry median of 38.59, Far East Horizon 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 Credit Services company?
The median ROC (Joel Greenblatt) % among Credit Services companies is 38.59, based on 414 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. Far East Horizon's current ROC (Joel Greenblatt) % of 33.46% is 13.3% 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 Far East Horizon and its competitors. For the Credit Services industry, the median ROC (Joel Greenblatt) % is 38.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far East Horizon's current ROC (Joel Greenblatt) % is 33.46%, which is 29% below median its own 10-year median of 47.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far East Horizon stock overvalued right now?
Far East Horizon (FEZHF) has a current ROC (Joel Greenblatt) % of 33.46%. The stock's GF Value™ is $0.56, compared to a current price of $0.63 — trading 12.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 33.46%, which is 29% below median its 10-year median of 47.08 and 13.3% below the Credit Services industry median of 38.59. Far East Horizon's overall GF Score™ is 77/100 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 Far East Horizon (FEZHF), the current ROC (Joel Greenblatt) % is 33.46% 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 Far East Horizon (FEZHF) Overvalued in 2026?

Based on GuruFocus' analysis, Far East Horizon stock appears to be overvalued. The current stock price of $0.63 is trading 12.3% above its estimated GF Value™ of $0.56.

Key valuation signals for FEZHF:

  • ROC (Joel Greenblatt) %: 33.46% (29% below median its 10-year median of 47.08)
  • GF Value™: $0.56 vs. price of $0.63 (12.3% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 13.3% below the Credit Services median (#212 of 414)

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


Far East Horizon Business Description

Other Exchanges 03360:Hong KongF6H:Germany
Address 1 Austin Road West, Units 6706B - 6708A, 67th Floor, International Commerce Centre, Kowloon, Hong Kong, HKG
Far East Horizon Ltd is a specialty finance provider. Its service offerings include financial leasing and advisory, hospital investment and operation, equipment operation services, trading, and brokerage services as well as engineering management services, etc. The company operates in two segments; financial services and industrial operation. A majority of its revenue is generated from the Financial, lease and advisory segment, which is engaged in providing direct finance leasing, sale-leaseback, factoring, entrusted loans, operating leases and sale of related equipment and materials, advisory services, and construction services. Geographically, the company derives maximum revenue from Mainland China, followed by Hong Kong and other locations.
77GF Score

Get the complete analysis for FEZHF

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

$0.63
Price
$0.56
GF Value