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. China Overseas Land & Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 5.19%.
The historical rank and industry rank for China Overseas Land & Investment's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:CPP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.32 Med: 28.24 Max: 37.12
Current: 7.32
During the past 13 years, China Overseas Land & Investment's highest ROC (Joel Greenblatt) % was 37.12%. The lowest was 7.32%. And the median was 28.24%.
FRA:CPP's ROC (Joel Greenblatt) % is ranked worse than 59.85% of 1751
companies
in the Real Estate industry
Industry Median: 12.62
vs FRA:CPP: 7.32
China Overseas Land & Investment (FRA:CPP) 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.
China Overseas Land & Investment ROC (Joel Greenblatt) % Chart
China Overseas Land & Investment ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, China Overseas Land & Investment'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.
China Overseas Land & Investment ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, China Overseas Land & Investment's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Overseas Land & Investment's ROC (Joel Greenblatt) % falls into.
China Overseas Land & Investment 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 5.19% mean?
China Overseas Land & Investment (FRA:CPP) has a ROC (Joel Greenblatt) % of 5.19% 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 China Overseas Land & Investment and its competitors. This is 82% below median its historical median of 28.24. Over the past decade, China Overseas Land & Investment's ROC (Joel Greenblatt) % has ranged from 7.32 to 37.12. According to the industry distribution chart, China Overseas Land & Investment ranks #1048 out of 1751 companies in the Real Estate industry, placing it in the top 59.9%.
Is China Overseas Land & Investment's ROC (Joel Greenblatt) % too high?
China Overseas Land & Investment's current ROC (Joel Greenblatt) % of 5.19% is 82% below median its 10-year median of 28.24. Over the past 10 years, this metric has ranged from a low of 7.32 to a high of 37.12. The Real Estate industry median ROC (Joel Greenblatt) % is 12.62. China Overseas Land & Investment's value of 5.19% is 58.9% below this industry median. Based on the distribution chart, China Overseas Land & Investment ranks #1048 out of 1751 companies in the Real Estate industry, which is below the industry midpoint. Overall, China Overseas Land & Investment has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does China Overseas Land & Investment's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, China Overseas Land & Investment ranks #1048 out of 1751 companies for ROC (Joel Greenblatt) %. This places China Overseas Land & Investment in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.62. China Overseas Land & Investment's value of 5.19% is 58.9% below this benchmark. Historically, China Overseas Land & Investment's own ROC (Joel Greenblatt) % has ranged from 7.32 to 37.12 over the past decade. While the company's 10-year median is 28.24 vs. the industry median of 12.62, China Overseas Land & Investment has consistently been below 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.62, based on 1,751 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. China Overseas Land & Investment's current ROC (Joel Greenblatt) % of 5.19% is 58.9% below 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 China Overseas Land & Investment and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Overseas Land & Investment's current ROC (Joel Greenblatt) % is 5.19%, which is 82% below median its own 10-year median of 28.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Overseas Land & Investment stock overvalued right now?
China Overseas Land & Investment (FRA:CPP) has a current ROC (Joel Greenblatt) % of 5.19%. The stock's GF Value™ is €1.46, compared to a current price of €1.42 — trading 2.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5.19%, which is 82% below median its 10-year median of 28.24 and 58.9% below the Real Estate industry median of 12.62. China Overseas Land & Investment's overall GF Score™ is 70/100 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 China Overseas Land & Investment (FRA:CPP), the current ROC (Joel Greenblatt) % is 5.19% 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 China Overseas Land & Investment (FRA:CPP) Overvalued in 2026?
Based on GuruFocus' analysis, China Overseas Land & Investment stock appears to be undervalued.
The current stock price of €1.42 is trading 2.8% below its estimated GF Value™ of €1.46.
Key valuation signals for FRA:CPP:
ROC (Joel Greenblatt) %: 5.19% (82% below median its 10-year median of 28.24)
GF Value™: €1.46 vs. price of €1.42 (2.8% below fair value)
Industry Position: 58.9% below the Real Estate median (#1048 of 1751)
No single metric tells the full story. See the FRA:CPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Overseas Land & Investment Business Description
China Overseas Land & Investment is a large real estate developer in China. Property development accounts for most of the earnings, with property sales scale among the top five of all peers regarding contracted sales. In addition to property development, COLI has actively grown its commercial property portfolio, with a dual focus on offices and shopping malls for recurring income. COLI is a subsidiary of China State Construction Engineering, China's largest construction firm. It also holds about a 40% stake in China Overseas Grand Oceans, a real estate developer focusing on lower-tier cities in China.
70GF Score
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