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Kangda International Environmental CoFRA:27K -1.19%38 ROC (Joel Greenblatt) % is 47.86% as of Dec. 2025, which is 89% below its 10-year median of 443.75. GuruFocus rates FRA:27K with a GF Score™ of 38/100 and a GF Value™ of €0.03 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 505 Utilities - Regulated companies, Kangda International Environmental Co ranks better than 87.92% 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. Kangda International Environmental Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 47.86%.
FRA:27K'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 50.62 Med: 443.75 Max: 1199.98
Current: 50.62
During the past 13 years, Kangda International Environmental Co's highest ROC (Joel Greenblatt) % was 1199.98%. The lowest was 50.62%. And the median was 443.75%.
FRA:27K's ROC (Joel Greenblatt) % is ranked better than 87.92% of 505
companies
in the Utilities - Regulated industry
Industry Median: 10.84
vs FRA:27K: 50.62
Kangda International Environmental Co (FRA:27K) 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.
Kangda International Environmental Co ROC (Joel Greenblatt) % Chart
FRA:27K vs AWK, WTRG, AWR: ROC (Joel Greenblatt) % Comparison
For the Utilities - Regulated Water subindustry, Kangda International Environmental 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.
Kangda International Environmental Co ROC (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Kangda International Environmental Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kangda International Environmental Co's ROC (Joel Greenblatt) % falls into.
Kangda International Environmental 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:
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 47.86% mean?
Kangda International Environmental Co (FRA:27K) has a ROC (Joel Greenblatt) % of 47.86% 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 Kangda International Environmental Co and its competitors. This is 89% below median its historical median of 443.75. Over the past decade, Kangda International Environmental Co's ROC (Joel Greenblatt) % has ranged from 50.62 to 1,199.98. According to the industry distribution chart, Kangda International Environmental Co ranks #61 out of 505 companies in the Utilities - Regulated industry, placing it in the top 12.1%.
Is Kangda International Environmental Co's ROC (Joel Greenblatt) % too high?
Kangda International Environmental Co's current ROC (Joel Greenblatt) % of 47.86% is 89% below median its 10-year median of 443.75. Over the past 10 years, this metric has ranged from a low of 50.62 to a high of 1,199.98. The Utilities - Regulated industry median ROC (Joel Greenblatt) % is 10.84. Kangda International Environmental Co's value of 47.86% is 341.5% above this industry median. Based on the distribution chart, Kangda International Environmental Co ranks #61 out of 505 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Kangda International Environmental Co has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kangda International Environmental Co's ROC (Joel Greenblatt) % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Kangda International Environmental Co ranks #61 out of 505 companies for ROC (Joel Greenblatt) %. This places Kangda International Environmental Co in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.84. Kangda International Environmental Co's value of 47.86% is 341.5% above this benchmark. Historically, Kangda International Environmental Co's own ROC (Joel Greenblatt) % has ranged from 50.62 to 1,199.98 over the past decade. While the company's 10-year median is 443.75 vs. the industry median of 10.84, Kangda International Environmental 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 Utilities - Regulated company?
The median ROC (Joel Greenblatt) % among Utilities - Regulated companies is 10.84, based on 505 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. Kangda International Environmental Co's current ROC (Joel Greenblatt) % of 47.86% is 341.5% 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 Kangda International Environmental Co and its competitors. For the Utilities - Regulated industry, the median ROC (Joel Greenblatt) % is 10.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kangda International Environmental Co's current ROC (Joel Greenblatt) % is 47.86%, which is 89% below median its own 10-year median of 443.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kangda International Environmental Co stock overvalued right now?
Based on GuruFocus' analysis, Kangda International Environmental Co (FRA:27K) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.03, compared to a current price of €0.08 — trading 176.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 47.86%, which is 89% below median its 10-year median of 443.75 and 341.5% above the Utilities - Regulated industry median of 10.84. Kangda International Environmental Co's overall GF Score™ is 38/100 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 Kangda International Environmental Co (FRA:27K), the current ROC (Joel Greenblatt) % is 47.86% 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 Kangda International Environmental Co (FRA:27K) Overvalued in 2026?
Based on GuruFocus' analysis, Kangda International Environmental Co stock appears to be overvalued.
The current stock price of €0.08 is trading 176.7% above its estimated GF Value™ of €0.03.
GuruFocus considers Kangda International Environmental Co to be Significantly Overvalued.
Key valuation signals for FRA:27K:
ROC (Joel Greenblatt) %: 47.86% (89% below median its 10-year median of 443.75)
GF Value™: €0.03 vs. price of €0.08 (176.7% above fair value)
Industry Position: 341.5% above the Utilities - Regulated median (#61 of 505)
No single metric tells the full story. See the FRA:27K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kangda International Environmental Co Ltd provides water and waste treatment, new energy development, and environmental protection equipment. The company has three reportable segments namely Urban Water Treatment, Water Environment Comprehensive Remediation and Rural Water Improvement. It generates maximum revenue from the Urban Water Treatment segment, which engages in the design, construction, upgrade and operation of WTPs, RWTPs, STPs and WDPs, and in the operation and maintenance of waste water treatment facilities entrusted by governments (O&M). Geographically, it derives revenue from Mainland China. It serves various sectors of the water industry such as integrated watershed management, sponge cities, reclaimed water, sludge, heat pump, and photovoltaic.
38GF Score
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