Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Grand Ming Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -32.17%.
The historical rank and industry rank for Grand Ming Group Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
HKSE:01271'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.26 Med: 10.26 Max: 70.43
Current: -13.75
During the past 13 years, Grand Ming Group Holdings's highest ROC (Joel Greenblatt) % was 70.43%. The lowest was -14.26%. And the median was 10.26%.
HKSE:01271's ROC (Joel Greenblatt) % is ranked worse than 85.21% of 1792
companies
in the Construction industry
Industry Median: 19.42
vs HKSE:01271: -13.75
Grand Ming Group Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Grand Ming Group Holdings (HKSE:01271) 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.
Grand Ming Group Holdings ROC (Joel Greenblatt) % Related Terms
Grand Ming Group Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Grand Ming Group Holdings's ROC (Joel Greenblatt) % can be seen below:
* 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.
Grand Ming Group Holdings ROC (Joel Greenblatt) % Chart
HKSE:01271 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Grand Ming 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.
Grand Ming Group Holdings ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Grand Ming Group Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Grand Ming Group Holdings's ROC (Joel Greenblatt) % falls into.
Grand Ming 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 (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 -32.17% mean?
Grand Ming Group Holdings (HKSE:01271) has a ROC (Joel Greenblatt) % of -32.17% 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 Grand Ming Group Holdings and its competitors. According to the industry distribution chart, Grand Ming Group Holdings ranks #1527 out of 1792 companies in the Construction industry, placing it in the top 85.2%.
Is Grand Ming Group Holdings' ROC (Joel Greenblatt) % too high?
Grand Ming Group Holdings' current ROC (Joel Greenblatt) % is -32.17%. Based on the distribution chart, Grand Ming Group Holdings ranks #1527 out of 1792 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Grand Ming Group Holdings has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Grand Ming Group Holdings' ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Grand Ming Group Holdings ranks #1527 out of 1792 companies for ROC (Joel Greenblatt) %. This places Grand Ming Group Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.42. 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.42, based on 1,792 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. 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 Grand Ming Group Holdings and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Ming Group Holdings's current ROC (Joel Greenblatt) % is -32.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Ming Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Grand Ming Group Holdings (HKSE:01271) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.52, compared to a current price of HK$0.29 — trading 80.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is -32.17%. Grand Ming Group Holdings' overall GF Score™ is 44/100 with 7 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 Grand Ming Group Holdings (HKSE:01271), the current ROC (Joel Greenblatt) % is -32.17% 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 Grand Ming Group Holdings (HKSE:01271) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Ming Group Holdings stock appears to be undervalued.
The current stock price of HK$0.29 is trading 80.9% below its estimated GF Value™ of HK$1.52.
GuruFocus considers Grand Ming Group Holdings to be Possible Value Trap.
Key valuation signals for HKSE:01271:
ROC (Joel Greenblatt) %: -32.17%
GF Value™: HK$1.52 vs. price of HK$0.29 (80.9% below fair value)
No single metric tells the full story. See the HKSE:01271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Ming Group Holdings Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in building construction, property leasing, and property development. Its reportable segments are; Construction, which involves constructing residential buildings, commercial buildings, and data centres; Property leasing which engages in the leasing of data centres and commercial shops; and the Property development segment which is involved in the development and sale of properties. Maximum revenue is generated from the Construction segment. Geographically, all of the company's revenue is generated from its customers in Hong Kong.
44GF Score
Get the complete analysis for HKSE:01271
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01271 has been successfully added to your 
