Lonking Holdings (FRA:C9IB) ROC (Joel Greenblatt) %: 80.71% (As of Dec. 2025) — 144% Above Median

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FRA:C9IB Lonking Holdings Ltd FRA:C9IB
55 GF Score
Price €0.30
GF Value €0.19
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Lonking Holdings ROC (Joel Greenblatt) %?

Lonking Holdings FRA:C9IB +1.34% 55 ROC (Joel Greenblatt) % is 80.71% as of Dec. 2025, which is 144% above its 10-year median of 33.12. GuruFocus rates FRA:C9IB with a GF Score™ of 55/100 and a GF Value™ of €0.19 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 209 Farm & Heavy Construction Machinery companies, Lonking Holdings ranks better than 92.34% 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. Lonking Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 80.71%.

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

FRA:C9IB' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.75   Med: 33.12   Max: 69.09
Current: 69.09

During the past 13 years, Lonking Holdings's highest ROC (Joel Greenblatt) % was 69.09%. The lowest was 8.75%. And the median was 33.12%.

FRA:C9IB's ROC (Joel Greenblatt) % is ranked better than
92.34% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 13.24 vs FRA:C9IB: 69.09

Lonking Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.40% per year.


Lonking Holdings  (FRA:C9IB) 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.


Lonking Holdings ROC (Joel Greenblatt) % Related Terms


Lonking Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Lonking 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.

Lonking Holdings ROC (Joel Greenblatt) % Chart

Lonking Holdings 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 33.39 9.04 19.40 42.78 59.25

Lonking Holdings 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 24.87 36.25 38.82 61.31 80.71

FRA:C9IB vs CAT, DE, PCAR: ROC (Joel Greenblatt) % Comparison

For the Farm & Heavy Construction Machinery subindustry, Lonking 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.


Lonking Holdings ROC (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lonking Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Lonking Holdings's ROC (Joel Greenblatt) % falls into.


FRA:C9IB
55GF Score
Lonking Holdings Ltd FRA:C9IB
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lonking 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:

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)
=(314.167 + 273.458 + 71.471) - (600.591 + 0 + 74.107)
=-15.602

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(347.055 + 273.607 + 74.506) - (567.313 + 0 + 75.259)
=52.596

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Lonking Holdings 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 )
=191.49/( ( (215.149 + max(-15.602, 0)) + (206.786 + max(52.596, 0)) )/ 2 )
=191.49/( ( 215.149 + 259.382 )/ 2 )
=191.49/237.2655
=80.71 %

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 80.71% mean?
Lonking Holdings (FRA:C9IB) has a ROC (Joel Greenblatt) % of 80.71% 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 Lonking Holdings and its competitors. This is 144% above median its historical median of 33.12. Over the past decade, Lonking Holdings' ROC (Joel Greenblatt) % has ranged from 8.75 to 69.09. According to the industry distribution chart, Lonking Holdings ranks #16 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 7.7%.
Is Lonking Holdings' ROC (Joel Greenblatt) % too high?
Lonking Holdings' current ROC (Joel Greenblatt) % of 80.71% is 144% above median its 10-year median of 33.12. Over the past 10 years, this metric has ranged from a low of 8.75 to a high of 69.09. The Farm & Heavy Construction Machinery industry median ROC (Joel Greenblatt) % is 13.24. Lonking Holdings' value of 80.71% is 509.6% above this industry median. Based on the distribution chart, Lonking Holdings ranks #16 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Lonking Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lonking Holdings' ROC (Joel Greenblatt) % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Lonking Holdings ranks #16 out of 209 companies for ROC (Joel Greenblatt) %. This places Lonking Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.24. Lonking Holdings' value of 80.71% is 509.6% above this benchmark. Historically, Lonking Holdings' own ROC (Joel Greenblatt) % has ranged from 8.75 to 69.09 over the past decade. While the company's 10-year median is 33.12 vs. the industry median of 13.24, Lonking 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 Farm & Heavy Construction Machinery company?
The median ROC (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 13.24, based on 209 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. Lonking Holdings's current ROC (Joel Greenblatt) % of 80.71% is 509.6% 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 Lonking Holdings and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROC (Joel Greenblatt) % is 13.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lonking Holdings's current ROC (Joel Greenblatt) % is 80.71%, which is 144% above median its own 10-year median of 33.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lonking Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lonking Holdings (FRA:C9IB) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.19, compared to a current price of €0.30 — trading 58.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 80.71%, which is 144% above median its 10-year median of 33.12 and 509.6% above the Farm & Heavy Construction Machinery industry median of 13.24. Lonking Holdings' overall GF Score™ is 55/100 with 1 warning sign 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 Lonking Holdings (FRA:C9IB), the current ROC (Joel Greenblatt) % is 80.71% 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 Lonking Holdings (FRA:C9IB) Overvalued in 2026?

Based on GuruFocus' analysis, Lonking Holdings stock appears to be overvalued. The current stock price of €0.30 is trading 58.9% above its estimated GF Value™ of €0.19. GuruFocus considers Lonking Holdings to be Significantly Overvalued.

Key valuation signals for FRA:C9IB:

  • ROC (Joel Greenblatt) %: 80.71% (144% above median its 10-year median of 33.12)
  • GF Value™: €0.19 vs. price of €0.30 (58.9% above fair value)
  • GF Score™: 55/100 with 1 warning sign
  • Industry Position: 509.6% above the Farm & Heavy Construction Machinery median (#16 of 209)

No single metric tells the full story. See the FRA:C9IB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lonking Holdings Business Description

Other Exchanges 03339:Hong Kong
Address No. 26 Mingyi Road, Xinqiao, Songjiang Industrial, Shanghai, CHN, 201612
Lonking Holdings Ltd is a construction and logistics machinery manufacturer in China. It produces wheel loaders, excavators, road rollers, forklifts, and other heavy equipment. In addition, the company supplies individual components, including gearboxes, converters, axles, and hydraulic components. The company has three operating segments: Sale of construction machinery, which generates the majority of the revenue, Finance lease of construction machinery, and Financial investment. The majority of sales are derived from China.
55GF Score

Get the complete analysis for FRA:C9IB

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

€0.30
Price
€0.19
GF Value