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China New Higher Education GroupHKSE:02001 81 ROC (Joel Greenblatt) % is 18.24% as of Feb. 2026, which is 6% below its 10-year median of 19.34. GuruFocus rates HKSE:02001 with a GF Score™ of 81/100 and a GF Value™ of HK$1.70 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 265 Education companies, China New Higher Education Group ranks worse than 52.45% 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. China New Higher Education Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 18.24%.
The historical rank and industry rank for China New Higher Education Group's ROC (Joel Greenblatt) % or its related term are showing as below:
HKSE:02001'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.43 Med: 19.34 Max: 32.06
Current: 15.43
During the past 11 years, China New Higher Education Group's highest ROC (Joel Greenblatt) % was 32.06%. The lowest was 15.43%. And the median was 19.34%.
HKSE:02001's ROC (Joel Greenblatt) % is ranked worse than 52.45% of 265
companies
in the Education industry
Industry Median: 18.32
vs HKSE:02001: 15.43
China New Higher Education Group (HKSE:02001) 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 New Higher Education Group ROC (Joel Greenblatt) % Chart
HKSE:02001 vs EDU, TAL, LAUR: ROC (Joel Greenblatt) % Comparison
For the Education & Training Services subindustry, China New Higher Education Group'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 New Higher Education Group ROC (Joel Greenblatt) % vs Education Industry
For the Education industry and Consumer Defensive sector, China New Higher Education Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China New Higher Education Group's ROC (Joel Greenblatt) % falls into.
China New Higher Education Group 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 (Feb. 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 18.24% mean?
China New Higher Education Group (HKSE:02001) has a ROC (Joel Greenblatt) % of 18.24% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on China New Higher Education Group and its competitors. This is near median its historical median of 19.34. Over the past decade, China New Higher Education Group's ROC (Joel Greenblatt) % has ranged from 15.43 to 32.06. According to the industry distribution chart, China New Higher Education Group ranks #139 out of 265 companies in the Education industry, placing it in the top 52.5%.
Is China New Higher Education Group's ROC (Joel Greenblatt) % too high?
China New Higher Education Group's current ROC (Joel Greenblatt) % of 18.24% is near median its 10-year median of 19.34. Over the past 10 years, this metric has ranged from a low of 15.43 to a high of 32.06. The Education industry median ROC (Joel Greenblatt) % is 18.32. China New Higher Education Group's value of 18.24% is 0.4% below this industry median. Based on the distribution chart, China New Higher Education Group ranks #139 out of 265 companies in the Education industry, which is below the industry midpoint. Overall, China New Higher Education Group has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China New Higher Education Group's ROC (Joel Greenblatt) % compare to EDU and TAL?
According to the Education industry distribution chart, China New Higher Education Group ranks #139 out of 265 companies for ROC (Joel Greenblatt) %. This places China New Higher Education Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 18.32. China New Higher Education Group's value of 18.24% is 0.4% below this benchmark. Historically, China New Higher Education Group's own ROC (Joel Greenblatt) % has ranged from 15.43 to 32.06 over the past decade. While the company's 10-year median is 19.34 vs. the industry median of 18.32, China New Higher Education Group has consistently been below 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 an Education company?
The median ROC (Joel Greenblatt) % among Education companies is 18.32, based on 265 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. China New Higher Education Group's current ROC (Joel Greenblatt) % of 18.24% is 0.4% below 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 China New Higher Education Group and its competitors. For the Education industry, the median ROC (Joel Greenblatt) % is 18.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China New Higher Education Group's current ROC (Joel Greenblatt) % is 18.24%, which is near median its own 10-year median of 19.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China New Higher Education Group stock overvalued right now?
Based on GuruFocus' analysis, China New Higher Education Group (HKSE:02001) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.70, compared to a current price of HK$0.55 — trading 67.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 18.24%, which is near median its 10-year median of 19.34 and 0.4% below the Education industry median of 18.32. China New Higher Education Group's overall GF Score™ is 81/100 with 4 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 New Higher Education Group (HKSE:02001), the current ROC (Joel Greenblatt) % is 18.24% as of Feb. 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 China New Higher Education Group (HKSE:02001) Overvalued in 2026?
Based on GuruFocus' analysis, China New Higher Education Group stock appears to be undervalued.
The current stock price of HK$0.55 is trading 67.6% below its estimated GF Value™ of HK$1.70.
GuruFocus considers China New Higher Education Group to be Possible Value Trap.
Key valuation signals for HKSE:02001:
ROC (Joel Greenblatt) %: 18.24% (near median its 10-year median of 19.34)
GF Value™: HK$1.70 vs. price of HK$0.55 (67.6% below fair value)
Industry Position: 0.4% below the Education median (#139 of 265)
No single metric tells the full story. See the HKSE:02001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China New Higher Education Group Ltd is engaged in the operations of Yunnan School, Guizhou School, Central China School, Northeast School, Luoyang School, Guangxi Schools, Gansu School and Zhengzhou School. The Group provides education services in the PRC and operates within one geographical location, as all revenues were generated in the PRC.
81GF 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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