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Hengan International Group CoHEGIY -6.93%64 ROC (Joel Greenblatt) % is 29.57% as of Jun. 2026, which is 21% below its 10-year median of 37.23. GuruFocus rates HEGIY with a GF Score™ of 64/100 and a GF Value™ of $15.99 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,980 Consumer Packaged Goods companies, Hengan International Group Co ranks better than 77.42% 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. Hengan International Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 29.57%.
The historical rank and industry rank for Hengan International Group Co's ROC (Joel Greenblatt) % or its related term are showing as below:
HEGIY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 25.74 Med: 37.23 Max: 49.74
Current: 28.49
During the past 13 years, Hengan International Group Co's highest ROC (Joel Greenblatt) % was 49.74%. The lowest was 25.74%. And the median was 37.23%.
HEGIY's ROC (Joel Greenblatt) % is ranked better than 77.42% of 1980
companies
in the Consumer Packaged Goods industry
Industry Median: 12.065
vs HEGIY: 28.49
Hengan International Group Co (OTCPK:HEGIY) 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.
Hengan International Group Co ROC (Joel Greenblatt) % Chart
HEGIY vs PG, CL, KVUE: ROC (Joel Greenblatt) % Comparison
For the Household & Personal Products subindustry, Hengan International Group Co'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.
Hengan International Group Co ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hengan International Group Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hengan International Group Co's ROC (Joel Greenblatt) % falls into.
Hengan International Group Co 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 (Jun. 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 29.57% mean?
Hengan International Group Co (HEGIY) has a ROC (Joel Greenblatt) % of 29.57% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Hengan International Group Co and its competitors. This is 21% below median its historical median of 37.23. Over the past decade, Hengan International Group Co's ROC (Joel Greenblatt) % has ranged from 25.74 to 49.74. According to the industry distribution chart, Hengan International Group Co ranks #447 out of 1980 companies in the Consumer Packaged Goods industry, placing it in the top 22.6%.
Is Hengan International Group Co's ROC (Joel Greenblatt) % too high?
Hengan International Group Co's current ROC (Joel Greenblatt) % of 29.57% is 21% below median its 10-year median of 37.23. Over the past 10 years, this metric has ranged from a low of 25.74 to a high of 49.74. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 12.07. Hengan International Group Co's value of 29.57% is 145.1% above this industry median. Based on the distribution chart, Hengan International Group Co ranks #447 out of 1980 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Hengan International Group Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hengan International Group Co's ROC (Joel Greenblatt) % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Hengan International Group Co ranks #447 out of 1980 companies for ROC (Joel Greenblatt) %. This places Hengan International Group Co in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.07. Hengan International Group Co's value of 29.57% is 145.1% above this benchmark. Historically, Hengan International Group Co's own ROC (Joel Greenblatt) % has ranged from 25.74 to 49.74 over the past decade. While the company's 10-year median is 37.23 vs. the industry median of 12.07, Hengan International Group Co 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 12.07, based on 1,980 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. Hengan International Group Co's current ROC (Joel Greenblatt) % of 29.57% is 145.1% 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 Hengan International Group Co and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 12.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hengan International Group Co's current ROC (Joel Greenblatt) % is 29.57%, which is 21% below median its own 10-year median of 37.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengan International Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hengan International Group Co (HEGIY) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.99, compared to a current price of $14.30 — trading 10.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 29.57%, which is 21% below median its 10-year median of 37.23 and 145.1% above the Consumer Packaged Goods industry median of 12.07. Hengan International Group Co's overall GF Score™ is 64/100 with 3 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 Hengan International Group Co (HEGIY), the current ROC (Joel Greenblatt) % is 29.57% as of Jun. 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 Hengan International Group Co (HEGIY) Overvalued in 2026?
Based on GuruFocus' analysis, Hengan International Group Co stock appears to be undervalued.
The current stock price of $14.30 is trading 10.6% below its estimated GF Value™ of $15.99.
GuruFocus considers Hengan International Group Co to be Modestly Undervalued.
Key valuation signals for HEGIY:
ROC (Joel Greenblatt) %: 29.57% (21% below median its 10-year median of 37.23)
GF Value™: $15.99 vs. price of $14.30 (10.6% below fair value)
Industry Position: 145.1% above the Consumer Packaged Goods median (#447 of 1980)
No single metric tells the full story. See the HEGIY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hengan International is a leading producer of personal-care products in China. Its business comprises tissue paper products (close to 60% of sales), sanitary napkins (26% of sales), disposable diapers (5% of sales), and others.
64GF Score
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