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CGN New Energy Holdings CoFRA:C41 84 ROC (Joel Greenblatt) % is 6.23% as of Dec. 2025, which is 20% below its 10-year median of 7.77. GuruFocus rates FRA:C41 with a GF Score™ of 84/100 and a GF Value™ of €0.19. The stock has 6 warning signs investors should review. Among 441 Utilities - Independent Power Producers companies, CGN New Energy Holdings Co ranks better than 55.56% 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. CGN New Energy Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.23%.
The historical rank and industry rank for CGN New Energy Holdings Co's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:C41'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.15 Med: 7.77 Max: 9.44
Current: 7.19
During the past 13 years, CGN New Energy Holdings Co's highest ROC (Joel Greenblatt) % was 9.44%. The lowest was 7.15%. And the median was 7.77%.
FRA:C41's ROC (Joel Greenblatt) % is ranked better than 55.56% of 441
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.12
vs FRA:C41: 7.19
CGN New Energy Holdings Co (FRA:C41) 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.
CGN New Energy Holdings Co ROC (Joel Greenblatt) % Chart
FRA:C41 vs CEG, VST, NRG: ROC (Joel Greenblatt) % Comparison
For the Utilities - Independent Power Producers subindustry, CGN New Energy Holdings 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.
CGN New Energy Holdings Co ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, CGN New Energy Holdings Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CGN New Energy Holdings Co's ROC (Joel Greenblatt) % falls into.
CGN New Energy Holdings 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 6.23% mean?
CGN New Energy Holdings Co (FRA:C41) has a ROC (Joel Greenblatt) % of 6.23% 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 CGN New Energy Holdings Co and its competitors. This is 20% below median its historical median of 7.77. Over the past decade, CGN New Energy Holdings Co's ROC (Joel Greenblatt) % has ranged from 7.15 to 9.44. According to the industry distribution chart, CGN New Energy Holdings Co ranks #196 out of 441 companies in the Utilities - Independent Power Producers industry, placing it in the top 44.4%.
Is CGN New Energy Holdings Co's ROC (Joel Greenblatt) % too high?
CGN New Energy Holdings Co's current ROC (Joel Greenblatt) % of 6.23% is 20% below median its 10-year median of 7.77. Over the past 10 years, this metric has ranged from a low of 7.15 to a high of 9.44. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.12. CGN New Energy Holdings Co's value of 6.23% is 1.8% above this industry median. Based on the distribution chart, CGN New Energy Holdings Co ranks #196 out of 441 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, CGN New Energy Holdings Co has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does CGN New Energy Holdings Co's ROC (Joel Greenblatt) % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, CGN New Energy Holdings Co ranks #196 out of 441 companies for ROC (Joel Greenblatt) %. This puts CGN New Energy Holdings Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 6.12. CGN New Energy Holdings Co's value of 6.23% is 1.8% above this benchmark. Historically, CGN New Energy Holdings Co's own ROC (Joel Greenblatt) % has ranged from 7.15 to 9.44 over the past decade. While the company's 10-year median is 7.77 vs. the industry median of 6.12, CGN New Energy Holdings 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 - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.12, based on 441 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. CGN New Energy Holdings Co's current ROC (Joel Greenblatt) % of 6.23% is 1.8% 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 CGN New Energy Holdings Co and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CGN New Energy Holdings Co's current ROC (Joel Greenblatt) % is 6.23%, which is 20% below median its own 10-year median of 7.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CGN New Energy Holdings Co stock overvalued right now?
CGN New Energy Holdings Co (FRA:C41) has a current ROC (Joel Greenblatt) % of 6.23%. The stock's GF Value™ is €0.19, compared to a current price of €0.22 — trading 14.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.23%, which is 20% below median its 10-year median of 7.77 and 1.8% above the Utilities - Independent Power Producers industry median of 6.12. CGN New Energy Holdings Co's overall GF Score™ is 84/100 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 CGN New Energy Holdings Co (FRA:C41), the current ROC (Joel Greenblatt) % is 6.23% 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 CGN New Energy Holdings Co (FRA:C41) Overvalued in 2026?
Based on GuruFocus' analysis, CGN New Energy Holdings Co stock appears to be overvalued.
The current stock price of €0.22 is trading 14.7% above its estimated GF Value™ of €0.19.
Key valuation signals for FRA:C41:
ROC (Joel Greenblatt) %: 6.23% (20% below median its 10-year median of 7.77)
GF Value™: €0.19 vs. price of €0.22 (14.7% above fair value)
Industry Position: 1.8% above the Utilities - Independent Power Producers median (#196 of 441)
No single metric tells the full story. See the FRA:C41 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CGN New Energy Holdings Co Ltd together with its subsidiaries is engaged in the generation and supply of electricity and steam, the construction and operation of power stations, and other associated facilities in PRC and Korea. The company has three reportable segments; Power plants in the PRC include the Generation and supply of electricity, Power plants in Korea include the Generation and supply of electricity, and Management companies include the Provision of management services to power plants operated by CGN and its subsidiaries. The company derives maximum revenue from Power Plants in the PRC segment.
84GF Score
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