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Tak Lee Machinery HoldingsHKSE:02102 -6.15%46 ROC (Joel Greenblatt) % is 10.26% as of Jan. 2026, which is 21% below its 10-year median of 12.91. GuruFocus rates HKSE:02102 with a GF Score™ of 46/100 and a GF Value™ of HK$0.17 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 214 Farm & Heavy Construction Machinery companies, Tak Lee Machinery Holdings ranks worse than 56.07% 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. Tak Lee Machinery Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 10.26%.
The historical rank and industry rank for Tak Lee Machinery Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
HKSE:02102'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.38 Med: 12.91 Max: 21.76
Current: 10.3
During the past 11 years, Tak Lee Machinery Holdings's highest ROC (Joel Greenblatt) % was 21.76%. The lowest was 2.38%. And the median was 12.91%.
HKSE:02102's ROC (Joel Greenblatt) % is ranked worse than 56.07% of 214
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 12.925
vs HKSE:02102: 10.30
Tak Lee Machinery Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -22.60% per year.
Tak Lee Machinery Holdings (HKSE:02102) 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.
Tak Lee Machinery Holdings ROC (Joel Greenblatt) % Chart
HKSE:02102 vs CAT, DE, PCAR: ROC (Joel Greenblatt) % Comparison
For the Farm & Heavy Construction Machinery subindustry, Tak Lee Machinery 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.
Tak Lee Machinery Holdings ROC (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Tak Lee Machinery Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tak Lee Machinery Holdings's ROC (Joel Greenblatt) % falls into.
Tak Lee Machinery 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 (Jan. 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 10.26% mean?
Tak Lee Machinery Holdings (HKSE:02102) has a ROC (Joel Greenblatt) % of 10.26% as of Jan. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Tak Lee Machinery Holdings and its competitors. This is 21% below median its historical median of 12.91. Over the past decade, Tak Lee Machinery Holdings' ROC (Joel Greenblatt) % has ranged from 2.38 to 21.76. According to the industry distribution chart, Tak Lee Machinery Holdings ranks #120 out of 214 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 56.1%.
Is Tak Lee Machinery Holdings' ROC (Joel Greenblatt) % too high?
Tak Lee Machinery Holdings' current ROC (Joel Greenblatt) % of 10.26% is 21% below median its 10-year median of 12.91. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 21.76. The Farm & Heavy Construction Machinery industry median ROC (Joel Greenblatt) % is 12.93. Tak Lee Machinery Holdings' value of 10.26% is 20.6% below this industry median. Based on the distribution chart, Tak Lee Machinery Holdings ranks #120 out of 214 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Tak Lee Machinery Holdings has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tak Lee Machinery Holdings' ROC (Joel Greenblatt) % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Tak Lee Machinery Holdings ranks #120 out of 214 companies for ROC (Joel Greenblatt) %. This places Tak Lee Machinery Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.93. Tak Lee Machinery Holdings' value of 10.26% is 20.6% below this benchmark. Historically, Tak Lee Machinery Holdings' own ROC (Joel Greenblatt) % has ranged from 2.38 to 21.76 over the past decade. While the company's 10-year median is 12.91 vs. the industry median of 12.93, Tak Lee Machinery Holdings 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 a Farm & Heavy Construction Machinery company?
The median ROC (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 12.93, based on 214 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. Tak Lee Machinery Holdings's current ROC (Joel Greenblatt) % of 10.26% is 20.6% 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 Tak Lee Machinery Holdings and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROC (Joel Greenblatt) % is 12.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tak Lee Machinery Holdings's current ROC (Joel Greenblatt) % is 10.26%, which is 21% below median its own 10-year median of 12.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tak Lee Machinery Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tak Lee Machinery Holdings (HKSE:02102) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.31 — trading 79.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 10.26%, which is 21% below median its 10-year median of 12.91 and 20.6% below the Farm & Heavy Construction Machinery industry median of 12.93. Tak Lee Machinery Holdings' overall GF Score™ is 46/100 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 Tak Lee Machinery Holdings (HKSE:02102), the current ROC (Joel Greenblatt) % is 10.26% as of Jan. 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 Tak Lee Machinery Holdings (HKSE:02102) Overvalued in 2026?
Based on GuruFocus' analysis, Tak Lee Machinery Holdings stock appears to be overvalued.
The current stock price of HK$0.31 is trading 79.4% above its estimated GF Value™ of HK$0.17.
GuruFocus considers Tak Lee Machinery Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02102:
ROC (Joel Greenblatt) %: 10.26% (21% below median its 10-year median of 12.91)
GF Value™: HK$0.17 vs. price of HK$0.31 (79.4% above fair value)
Industry Position: 20.6% below the Farm & Heavy Construction Machinery median (#120 of 214)
No single metric tells the full story. See the HKSE:02102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tak Lee Machinery Holdings Ltd is an earthmoving equipment sales and leasing service provider. The Group has three operating segments: Sales of heavy equipment and spare parts, which involves trading heavy equipment and spare parts in Hong Kong; Lease of heavy equipment, which covers the leasing of heavy equipment and the provision of machine operators in Hong Kong; and Repair, logistics, and other ancillary services, which include repair and logistics support in Hong Kong. The Group generates the majority of revenue from the Sales of heavy equipment and spare parts segment. Geographically, it derives its revenue from Hong Kong.
46GF Score
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