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Shenzhou International Group HoldingsFRA:S6L +4.77%77 ROC (Joel Greenblatt) % is 26.83% as of Dec. 2025, which is 14% below its 10-year median of 31.10. GuruFocus rates FRA:S6L with a GF Score™ of 77/100 and a GF Value™ of €8.77 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,063 Manufacturing - Apparel & Accessories companies, Shenzhou International Group Holdings ranks better than 85.79% 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. Shenzhou International Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 26.83%.
FRA:S6L'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 18.86 Med: 31.1 Max: 34.08
Current: 30.27
During the past 13 years, Shenzhou International Group Holdings's highest ROC (Joel Greenblatt) % was 34.08%. The lowest was 18.86%. And the median was 31.10%.
FRA:S6L's ROC (Joel Greenblatt) % is ranked better than 85.79% of 1063
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.55
vs FRA:S6L: 30.27
Shenzhou International Group Holdings (FRA:S6L) 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.
Shenzhou International Group Holdings ROC (Joel Greenblatt) % Chart
Shenzhou International Group Holdings ROC (Joel Greenblatt) % Competitor Comparison
For the Textile Manufacturing subindustry, Shenzhou International Group 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.
Shenzhou International Group Holdings ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shenzhou International Group Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shenzhou International Group Holdings's ROC (Joel Greenblatt) % falls into.
Shenzhou International Group 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:
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 26.83% mean?
Shenzhou International Group Holdings (FRA:S6L) has a ROC (Joel Greenblatt) % of 26.83% 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 Shenzhou International Group Holdings and its competitors. This is 14% below median its historical median of 31.10. Over the past decade, Shenzhou International Group Holdings' ROC (Joel Greenblatt) % has ranged from 18.86 to 34.08. According to the industry distribution chart, Shenzhou International Group Holdings ranks #151 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 14.2%.
Is Shenzhou International Group Holdings' ROC (Joel Greenblatt) % too high?
Shenzhou International Group Holdings' current ROC (Joel Greenblatt) % of 26.83% is 14% below median its 10-year median of 31.10. Over the past 10 years, this metric has ranged from a low of 18.86 to a high of 34.08. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.55. Shenzhou International Group Holdings' value of 26.83% is 213.8% above this industry median. Based on the distribution chart, Shenzhou International Group Holdings ranks #151 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhou International Group Holdings has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhou International Group Holdings' ROC (Joel Greenblatt) % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shenzhou International Group Holdings ranks #151 out of 1063 companies for ROC (Joel Greenblatt) %. This places Shenzhou International Group Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.55. Shenzhou International Group Holdings' value of 26.83% is 213.8% above this benchmark. Historically, Shenzhou International Group Holdings' own ROC (Joel Greenblatt) % has ranged from 18.86 to 34.08 over the past decade. While the company's 10-year median is 31.10 vs. the industry median of 8.55, Shenzhou International Group 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.55, based on 1,063 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. Shenzhou International Group Holdings's current ROC (Joel Greenblatt) % of 26.83% is 213.8% 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 Shenzhou International Group Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhou International Group Holdings's current ROC (Joel Greenblatt) % is 26.83%, which is 14% below median its own 10-year median of 31.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhou International Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shenzhou International Group Holdings (FRA:S6L) is currently considered Significantly Undervalued. The stock's GF Value™ is €8.77, compared to a current price of €5.05 — trading 42.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 26.83%, which is 14% below median its 10-year median of 31.10 and 213.8% above the Manufacturing - Apparel & Accessories industry median of 8.55. Shenzhou International Group Holdings' overall GF Score™ is 77/100 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 Shenzhou International Group Holdings (FRA:S6L), the current ROC (Joel Greenblatt) % is 26.83% 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 Shenzhou International Group Holdings (FRA:S6L) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhou International Group Holdings stock appears to be undervalued.
The current stock price of €5.05 is trading 42.4% below its estimated GF Value™ of €8.77.
GuruFocus considers Shenzhou International Group Holdings to be Significantly Undervalued.
Key valuation signals for FRA:S6L:
ROC (Joel Greenblatt) %: 26.83% (14% below median its 10-year median of 31.10)
GF Value™: €8.77 vs. price of €5.05 (42.4% below fair value)
Industry Position: 213.8% above the Manufacturing - Apparel & Accessories median (#151 of 1063)
No single metric tells the full story. See the FRA:S6L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhou is the largest vertically integrated knitwear manufacturer in the world. The group mainly produces sportswear (69% of 2024 revenue), casual wear (25% of revenue), and lingerie (5% of revenue) for international clients such as Nike, Adidas, Puma, and Uniqlo. Mainland China is its largest market, accounting for 28% of sales in 2024. This is followed by Europe, US, and Japan. Shenzhou currently operates manufacturing plants in China, Cambodia, and Vietnam.
77GF Score
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