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Gilston GroupHKSE:02011 69 ROC (Joel Greenblatt) % is 17.29% as of Dec. 2025. GuruFocus rates HKSE:02011 with a GF Score™ of 69/100 and a GF Value™ of HK$1.96 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Gilston Group ranks better than 76.37% 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. Gilston Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 17.29%.
The historical rank and industry rank for Gilston Group's ROC (Joel Greenblatt) % or its related term are showing as below:
HKSE:02011'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -45.22 Med: -2.85 Max: 28.95
Current: 19.79
During the past 13 years, Gilston Group's highest ROC (Joel Greenblatt) % was 28.95%. The lowest was -45.22%. And the median was -2.85%.
HKSE:02011's ROC (Joel Greenblatt) % is ranked better than 76.37% of 1062
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.54
vs HKSE:02011: 19.79
Gilston Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Gilston Group (HKSE:02011) 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.
Gilston Group ROC (Joel Greenblatt) % Related Terms
Gilston Group ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Gilston Group'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.
HKSE:02011 vs RL, LEVI, VFC: ROC (Joel Greenblatt) % Comparison
For the Apparel Manufacturing subindustry, Gilston 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.
Gilston Group ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gilston Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Gilston Group'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 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 17.29% mean?
Gilston Group (HKSE:02011) has a ROC (Joel Greenblatt) % of 17.29% 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 Gilston Group and its competitors. According to the industry distribution chart, Gilston Group ranks #251 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 23.6%.
Is Gilston Group's ROC (Joel Greenblatt) % too high?
Gilston Group's current ROC (Joel Greenblatt) % is 17.29%. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.54. Gilston Group's value of 17.29% is 102.5% above this industry median. Based on the distribution chart, Gilston Group ranks #251 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Gilston Group has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gilston Group's ROC (Joel Greenblatt) % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gilston Group ranks #251 out of 1062 companies for ROC (Joel Greenblatt) %. This places Gilston Group in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.54. Gilston Group's value of 17.29% is 102.5% above this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.54, based on 1,062 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. Gilston Group's current ROC (Joel Greenblatt) % of 17.29% is 102.5% 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 Gilston Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gilston Group's current ROC (Joel Greenblatt) % is 17.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gilston Group stock overvalued right now?
Based on GuruFocus' analysis, Gilston Group (HKSE:02011) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$1.96, compared to a current price of HK$1.35 — trading 31.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 17.29% and 102.5% above the Manufacturing - Apparel & Accessories industry median of 8.54. Gilston Group's overall GF Score™ is 69/100 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 Gilston Group (HKSE:02011), the current ROC (Joel Greenblatt) % is 17.29% 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 Gilston Group (HKSE:02011) Overvalued in 2026?
Based on GuruFocus' analysis, Gilston Group stock appears to be undervalued.
The current stock price of HK$1.35 is trading 31.1% below its estimated GF Value™ of HK$1.96.
GuruFocus considers Gilston Group to be Significantly Undervalued.
Key valuation signals for HKSE:02011:
ROC (Joel Greenblatt) %: 17.29%
GF Value™: HK$1.96 vs. price of HK$1.35 (31.1% below fair value)
Industry Position: 102.5% above the Manufacturing - Apparel & Accessories median (#251 of 1062)
No single metric tells the full story. See the HKSE:02011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gilston Group Ltd specializes in zipper design, development, production and sale. It is providing high-quality zipper products and zipper-based overall solutions for customers. The company operates in two reportable segments: Manufacture and Sales of Zippers, and Property Investment and Provision of Property Management Services. The company generates the majority of its revenue from the Manufacture and Sales of the Zippers segment. Geographically, Mainland China contributes the majority of company's revenue.
69GF Score
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