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Greenland Technologies HoldingGTEC -3.66%53 ROC (Joel Greenblatt) % is 102.40% as of Mar. 2026, which is 191% above its 10-year median of 35.18. GuruFocus rates GTEC with a GF Score™ of 53/100 and a GF Value™ of $1.32 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Greenland Technologies Holding ranks better than 93.32% 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. Greenland Technologies Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 102.40%.
The historical rank and industry rank for Greenland Technologies Holding's ROC (Joel Greenblatt) % or its related term are showing as below:
GTEC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -71.56 Med: 35.18 Max: 64.6
Current: 50.08
During the past 8 years, Greenland Technologies Holding's highest ROC (Joel Greenblatt) % was 64.60%. The lowest was -71.56%. And the median was 35.18%.
GTEC's ROC (Joel Greenblatt) % is ranked better than 93.32% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 12.02
vs GTEC: 50.08
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.
GTEC vs WKSP, INEO, REE: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Greenland Technologies Holding'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.
Greenland Technologies Holding ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Greenland Technologies Holding's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Greenland Technologies Holding's ROC (Joel Greenblatt) % falls into.
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 102.40% mean?
Greenland Technologies Holding (GTEC) has a ROC (Joel Greenblatt) % of 102.40% 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 Greenland Technologies Holding and its competitors. This is 191% above median its historical median of 35.18. According to the industry distribution chart, Greenland Technologies Holding ranks #89 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 6.7%.
Is Greenland Technologies Holding's ROC (Joel Greenblatt) % too high?
Greenland Technologies Holding's current ROC (Joel Greenblatt) % of 102.40% is 191% above median its 10-year median of 35.18. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.02. Greenland Technologies Holding's value of 102.40% is 751.9% above this industry median. Based on the distribution chart, Greenland Technologies Holding ranks #89 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Greenland Technologies Holding has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Greenland Technologies Holding's ROC (Joel Greenblatt) % compare to WKSP and INEO?
According to the Vehicles & Parts industry distribution chart, Greenland Technologies Holding ranks #89 out of 1332 companies for ROC (Joel Greenblatt) %. This places Greenland Technologies Holding in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.02. Greenland Technologies Holding's value of 102.40% is 751.9% above this benchmark. While the company's 10-year median is 35.18 vs. the industry median of 12.02, Greenland Technologies Holding 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.02, based on 1,332 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. Greenland Technologies Holding's current ROC (Joel Greenblatt) % of 102.40% is 751.9% 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 Greenland Technologies Holding and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenland Technologies Holding's current ROC (Joel Greenblatt) % is 102.40%, which is 191% above median its own 10-year median of 35.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenland Technologies Holding stock overvalued right now?
Based on GuruFocus' analysis, Greenland Technologies Holding (GTEC) is currently considered Possible Value Trap. The stock's GF Value™ is $1.32, compared to a current price of $0.54 — trading 59% below its estimated fair value. The current ROC (Joel Greenblatt) % is 102.40%, which is 191% above median its 10-year median of 35.18 and 751.9% above the Vehicles & Parts industry median of 12.02. Greenland Technologies Holding's overall GF Score™ is 53/100 with 2 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 Greenland Technologies Holding (GTEC), the current ROC (Joel Greenblatt) % is 102.40% 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 Greenland Technologies Holding (GTEC) Overvalued in 2026?
Based on GuruFocus' analysis, Greenland Technologies Holding stock appears to be undervalued.
The current stock price of $0.54 is trading 59% below its estimated GF Value™ of $1.32.
GuruFocus considers Greenland Technologies Holding to be Possible Value Trap.
Key valuation signals for GTEC:
ROC (Joel Greenblatt) %: 102.40% (191% above median its 10-year median of 35.18)
GF Value™: $1.32 vs. price of $0.54 (59% below fair value)
Industry Position: 751.9% above the Vehicles & Parts median (#89 of 1332)
No single metric tells the full story. See the GTEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenland Technologies Holding Business Description
Greenland Technologies Holding Corp is a developer of quality solutions in the material handling industry. It is a transmission and drivetrain systems provider for material handling equipment such as forklift trucks for industrial and logistic applications. Geographically, the company has its presence in Domestic and International markets and earns majority of the revenue from Domestic Sales.
53GF Score
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