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MingYang Smart Energy GroupFRA:RW20 71 ROC (Joel Greenblatt) % is 3.52% as of Mar. 2026, which is 77% below its 10-year median of 15.05. GuruFocus rates FRA:RW20 with a GF Score™ of 71/100 and a GF Value™ of €10.16. The stock has 10 warning signs investors should review. Among 3,063 Industrial Products companies, MingYang Smart Energy Group ranks worse than 70.06% 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. MingYang Smart Energy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.52%.
The historical rank and industry rank for MingYang Smart Energy Group's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:RW20'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.03 Med: 15.05 Max: 35.79
Current: 3.79
During the past 13 years, MingYang Smart Energy Group's highest ROC (Joel Greenblatt) % was 35.79%. The lowest was 3.03%. And the median was 15.05%.
FRA:RW20's ROC (Joel Greenblatt) % is ranked worse than 70.06% of 3063
companies
in the Industrial Products industry
Industry Median: 11.71
vs FRA:RW20: 3.79
MingYang Smart Energy Group (FRA:RW20) 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.
MingYang Smart Energy Group ROC (Joel Greenblatt) % Chart
FRA:RW20 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, MingYang Smart Energy 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.
MingYang Smart Energy Group ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MingYang Smart Energy Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MingYang Smart Energy Group's ROC (Joel Greenblatt) % falls into.
MingYang Smart Energy 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 four times the quarterly (Mar. 2026) 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 3.52% mean?
MingYang Smart Energy Group (FRA:RW20) has a ROC (Joel Greenblatt) % of 3.52% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on MingYang Smart Energy Group and its competitors. This is 77% below median its historical median of 15.05. Over the past decade, MingYang Smart Energy Group's ROC (Joel Greenblatt) % has ranged from 3.03 to 35.79. According to the industry distribution chart, MingYang Smart Energy Group ranks #2146 out of 3063 companies in the Industrial Products industry, placing it in the top 70.1%.
Is MingYang Smart Energy Group's ROC (Joel Greenblatt) % too high?
MingYang Smart Energy Group's current ROC (Joel Greenblatt) % of 3.52% is 77% below median its 10-year median of 15.05. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 35.79. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.71. MingYang Smart Energy Group's value of 3.52% is 69.9% below this industry median. Based on the distribution chart, MingYang Smart Energy Group ranks #2146 out of 3063 companies in the Industrial Products industry, which is below the industry midpoint. Overall, MingYang Smart Energy Group has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does MingYang Smart Energy Group's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, MingYang Smart Energy Group ranks #2146 out of 3063 companies for ROC (Joel Greenblatt) %. This places MingYang Smart Energy Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.71. MingYang Smart Energy Group's value of 3.52% is 69.9% below this benchmark. Historically, MingYang Smart Energy Group's own ROC (Joel Greenblatt) % has ranged from 3.03 to 35.79 over the past decade. While the company's 10-year median is 15.05 vs. the industry median of 11.71, MingYang Smart Energy Group 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.71, based on 3,063 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. MingYang Smart Energy Group's current ROC (Joel Greenblatt) % of 3.52% is 69.9% 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 MingYang Smart Energy Group and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MingYang Smart Energy Group's current ROC (Joel Greenblatt) % is 3.52%, which is 77% below median its own 10-year median of 15.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MingYang Smart Energy Group stock overvalued right now?
MingYang Smart Energy Group (FRA:RW20) has a current ROC (Joel Greenblatt) % of 3.52%. The stock's GF Value™ is €10.16, compared to a current price of €6.15 — trading 39.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 3.52%, which is 77% below median its 10-year median of 15.05 and 69.9% below the Industrial Products industry median of 11.71. MingYang Smart Energy Group's overall GF Score™ is 71/100 with 10 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 MingYang Smart Energy Group (FRA:RW20), the current ROC (Joel Greenblatt) % is 3.52% as of Mar. 2026. 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 MingYang Smart Energy Group (FRA:RW20) Overvalued in 2026?
Based on GuruFocus' analysis, MingYang Smart Energy Group stock appears to be undervalued.
The current stock price of €6.15 is trading 39.5% below its estimated GF Value™ of €10.16.
Key valuation signals for FRA:RW20:
ROC (Joel Greenblatt) %: 3.52% (77% below median its 10-year median of 15.05)
GF Value™: €10.16 vs. price of €6.15 (39.5% below fair value)
Industry Position: 69.9% below the Industrial Products median (#2146 of 3063)
No single metric tells the full story. See the FRA:RW20 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MingYang Smart Energy Group Ltd is a wind turbine manufacturer that provides accessible green and smart energy and a full lifecycle renewable solutions provider. The Group's business is divided into segments namely High-end energy equipment manufacturing sector, wind turbine equipment manufacturing and sales, Operation and maintenance services and photovoltaic products manufacturing and sales; and Energy products and services sector includes construction, management, and operation of energy investment projects, power demand side management, energy efficiency management.
71GF Score
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