CK Hutchison HoldingsFRA:2CKA +1.46%78 ROC (Joel Greenblatt) % is 31.26% as of Dec. 2025, which is 9% above its 10-year median of 28.78. GuruFocus rates FRA:2CKA with a GF Score™ of 78/100 and a GF Value™ of €4.62 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 562 Conglomerates companies, CK Hutchison Holdings ranks better than 63.35% 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. CK Hutchison Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 31.26%.
The historical rank and industry rank for CK Hutchison Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:2CKA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 23.58 Med: 28.78 Max: 42.35
Current: 23.94
During the past 13 years, CK Hutchison Holdings's highest ROC (Joel Greenblatt) % was 42.35%. The lowest was 23.58%. And the median was 28.78%.
FRA:2CKA's ROC (Joel Greenblatt) % is ranked better than 63.35% of 562
companies
in the Conglomerates industry
Industry Median: 14.73
vs FRA:2CKA: 23.94
CK Hutchison Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.80% per year.
CK Hutchison Holdings (FRA:2CKA) 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.
CK Hutchison Holdings ROC (Joel Greenblatt) % Related Terms
CK Hutchison Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for CK Hutchison Holdings'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.
CK Hutchison Holdings ROC (Joel Greenblatt) % Chart
FRA:2CKA vs HON, MMM: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, CK Hutchison Holdings'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.
CK Hutchison Holdings ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, CK Hutchison Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CK Hutchison Holdings's ROC (Joel Greenblatt) % falls into.
CK Hutchison Holdings 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 31.26% mean?
CK Hutchison Holdings (FRA:2CKA) has a ROC (Joel Greenblatt) % of 31.26% 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 CK Hutchison Holdings and its competitors. This is near median its historical median of 28.78. Over the past decade, CK Hutchison Holdings' ROC (Joel Greenblatt) % has ranged from 23.58 to 42.35. According to the industry distribution chart, CK Hutchison Holdings ranks #206 out of 562 companies in the Conglomerates industry, placing it in the top 36.7%.
Is CK Hutchison Holdings' ROC (Joel Greenblatt) % too high?
CK Hutchison Holdings' current ROC (Joel Greenblatt) % of 31.26% is near median its 10-year median of 28.78. Over the past 10 years, this metric has ranged from a low of 23.58 to a high of 42.35. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.73. CK Hutchison Holdings' value of 31.26% is 112.2% above this industry median. Based on the distribution chart, CK Hutchison Holdings ranks #206 out of 562 companies in the Conglomerates industry, which is above the industry midpoint. Overall, CK Hutchison Holdings has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CK Hutchison Holdings' ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, CK Hutchison Holdings ranks #206 out of 562 companies for ROC (Joel Greenblatt) %. This puts CK Hutchison Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.73. CK Hutchison Holdings' value of 31.26% is 112.2% above this benchmark. Historically, CK Hutchison Holdings' own ROC (Joel Greenblatt) % has ranged from 23.58 to 42.35 over the past decade. While the company's 10-year median is 28.78 vs. the industry median of 14.73, CK Hutchison Holdings 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 a Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.73, based on 562 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. CK Hutchison Holdings's current ROC (Joel Greenblatt) % of 31.26% is 112.2% 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 CK Hutchison Holdings and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CK Hutchison Holdings's current ROC (Joel Greenblatt) % is 31.26%, which is near median its own 10-year median of 28.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CK Hutchison Holdings stock overvalued right now?
Based on GuruFocus' analysis, CK Hutchison Holdings (FRA:2CKA) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.62, compared to a current price of €6.95 — trading 50.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 31.26%, which is near median its 10-year median of 28.78 and 112.2% above the Conglomerates industry median of 14.73. CK Hutchison Holdings' overall GF Score™ is 78/100 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 CK Hutchison Holdings (FRA:2CKA), the current ROC (Joel Greenblatt) % is 31.26% 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 CK Hutchison Holdings (FRA:2CKA) Overvalued in 2026?
Based on GuruFocus' analysis, CK Hutchison Holdings stock appears to be overvalued.
The current stock price of €6.95 is trading 50.4% above its estimated GF Value™ of €4.62.
GuruFocus considers CK Hutchison Holdings to be Significantly Overvalued.
Key valuation signals for FRA:2CKA:
ROC (Joel Greenblatt) %: 31.26% (near median its 10-year median of 28.78)
GF Value™: €4.62 vs. price of €6.95 (50.4% above fair value)
Industry Position: 112.2% above the Conglomerates median (#206 of 562)
No single metric tells the full story. See the FRA:2CKA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CK Hutchison Holdings, or CKH, is a Hong Kong headquartered conglomerate with key businesses in ports, retail, infrastructure, and telecommunications. The company was created in 2015 to house the merged assets of Cheung Kong Holdings and Hutchison Whampoa as the group sought to flatten out and simplify its original holding structure. CKH contains most of the businesses previously housed in Hutchison Whampoa, minus the property assets, which were spun off into their own listing, CK Asset Holdings. Telecommunications and infrastructure activities now make up the largest share of EBITDA, at around 51%. The planned sale of most of the ports business is currently being scrutinized by the government.
78GF Score
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