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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. China Tianbao Group Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -7.93%.
The historical rank and industry rank for China Tianbao Group Development Co's ROC (Joel Greenblatt) % or its related term are showing as below:
HKSE:01427'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -118.99 Med: 34.43 Max: 251.49
Current: -6.52
During the past 10 years, China Tianbao Group Development Co's highest ROC (Joel Greenblatt) % was 251.49%. The lowest was -118.99%. And the median was 34.43%.
HKSE:01427's ROC (Joel Greenblatt) % is ranked worse than 80.71% of 1757
companies
in the Real Estate industry
Industry Median: 12.95
vs HKSE:01427: -6.52
China Tianbao Group Development Co (HKSE:01427) 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.
China Tianbao Group Development Co ROC (Joel Greenblatt) % Chart
China Tianbao Group Development Co ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Diversified subindustry, China Tianbao Group Development 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.
China Tianbao Group Development Co ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, China Tianbao Group Development Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Tianbao Group Development Co's ROC (Joel Greenblatt) % falls into.
China Tianbao Group Development 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 (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 -7.93% mean?
China Tianbao Group Development Co (HKSE:01427) has a ROC (Joel Greenblatt) % of -7.93% 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 China Tianbao Group Development Co and its competitors. According to the industry distribution chart, China Tianbao Group Development Co ranks #1418 out of 1757 companies in the Real Estate industry, placing it in the top 80.7%.
Is China Tianbao Group Development Co's ROC (Joel Greenblatt) % too high?
China Tianbao Group Development Co's current ROC (Joel Greenblatt) % is -7.93%. Based on the distribution chart, China Tianbao Group Development Co ranks #1418 out of 1757 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, China Tianbao Group Development Co has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Tianbao Group Development Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, China Tianbao Group Development Co ranks #1418 out of 1757 companies for ROC (Joel Greenblatt) %. This places China Tianbao Group Development Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.95. 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.95, based on 1,757 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 China Tianbao Group Development Co and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tianbao Group Development Co's current ROC (Joel Greenblatt) % is -7.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tianbao Group Development Co stock overvalued right now?
Based on GuruFocus' analysis, China Tianbao Group Development Co (HKSE:01427) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.18 — trading 21.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is -7.93%. China Tianbao Group Development Co's overall GF Score™ is 45/100 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 China Tianbao Group Development Co (HKSE:01427), the current ROC (Joel Greenblatt) % is -7.93% 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 China Tianbao Group Development Co (HKSE:01427) Overvalued in 2026?
Based on GuruFocus' analysis, China Tianbao Group Development Co stock appears to be overvalued.
The current stock price of HK$0.18 is trading 21.3% above its estimated GF Value™ of HK$0.15.
GuruFocus considers China Tianbao Group Development Co to be Modestly Overvalued.
Key valuation signals for HKSE:01427:
ROC (Joel Greenblatt) %: -7.93%
GF Value™: HK$0.15 vs. price of HK$0.18 (21.3% above fair value)
No single metric tells the full story. See the HKSE:01427 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Tianbao Group Development Co Ltd is a conglomerate integrating construction, property development, and healthcare operations based in Zhuozhou, Hebei Province, the PRC. The group's business scope covers construction, planning and design, property development, property sales, investment and operation, healthcare services, and other multi-industry sectors. It operates in three segments Construction contracting segment engages in the provision of services relating to construction as a general contractor for building construction projects, infrastructure construction projects and property investment; Property development and others; and Healthcare. Majority of the revenue is derived from Construction contracting segment.
45GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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