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. High-Trend International Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2025 was -855.22%.
The historical rank and industry rank for High-Trend International Group's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:B080'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5325.23 Med: -686.9 Max: 1366.57
Current: -665.76
During the past 6 years, High-Trend International Group's highest ROC (Joel Greenblatt) % was 1366.57%. The lowest was -5325.23%. And the median was -686.90%.
FRA:B080's ROC (Joel Greenblatt) % is ranked worse than 99.7% of 1004
companies
in the Transportation industry
Industry Median: 11.77
vs FRA:B080: -665.76
High-Trend International Group (FRA:B080) 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.
High-Trend International Group ROC (Joel Greenblatt) % Chart
FRA:B080 vs EHLD, USEA, VNTG: ROC (Joel Greenblatt) % Comparison
For the Marine Shipping subindustry, High-Trend International Group'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.
High-Trend International Group ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, High-Trend International Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where High-Trend International Group's ROC (Joel Greenblatt) % falls into.
High-Trend International Group 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 (Oct. 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 -855.22% mean?
High-Trend International Group (FRA:B080) has a ROC (Joel Greenblatt) % of -855.22% as of Oct. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on High-Trend International Group and its competitors. According to the industry distribution chart, High-Trend International Group ranks #1001 out of 1004 companies in the Transportation industry, placing it in the top 99.7%.
Is High-Trend International Group's ROC (Joel Greenblatt) % too high?
High-Trend International Group's current ROC (Joel Greenblatt) % is -855.22%. Based on the distribution chart, High-Trend International Group ranks #1001 out of 1004 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, High-Trend International Group has a GF Score™ of 18/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does High-Trend International Group's ROC (Joel Greenblatt) % compare to EHLD and USEA?
According to the Transportation industry distribution chart, High-Trend International Group ranks #1001 out of 1004 companies for ROC (Joel Greenblatt) %. This places High-Trend International Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.77. 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.77, based on 1,004 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. 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 High-Trend International Group and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High-Trend International Group's current ROC (Joel Greenblatt) % is -855.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High-Trend International Group stock overvalued right now?
Based on GuruFocus' analysis, High-Trend International Group (FRA:B080) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.49, compared to a current price of €3.63 — trading 640.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is -855.22%. High-Trend International Group's overall GF Score™ is 18/100 with 4 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 High-Trend International Group (FRA:B080), the current ROC (Joel Greenblatt) % is -855.22% as of Oct. 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 High-Trend International Group (FRA:B080) Overvalued in 2026?
Based on GuruFocus' analysis, High-Trend International Group stock appears to be overvalued.
The current stock price of €3.63 is trading 640.8% above its estimated GF Value™ of €0.49.
GuruFocus considers High-Trend International Group to be Significantly Overvalued.
Key valuation signals for FRA:B080:
ROC (Joel Greenblatt) %: -855.22%
GF Value™: €0.49 vs. price of €3.63 (640.8% above fair value)
No single metric tells the full story. See the FRA:B080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
High-Trend International Group Business Description
High-Trend International Group is an international operator of ocean transportation services. It is engaged in seaborne transportation services under voyage contracts, as well as vessel services for and on behalf of ship owners. The company has two operating segments, namely, ocean transport and Heating business. The company derives the majority of its revenue from the Ocean transportation business. The company derives freight revenue from voyage contracts and provides vessel service. The majority of revenue is from providing shipping services for customers in Asia, principally in Singapore, Dubai, Korea, Japan, and India.
18GF Score
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