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Grace Life tech HoldingsHKSE:02112 +5.71% ROC (Joel Greenblatt) % is -12.61% as of Jun. 2026. The stock has 4 warning signs investors should review. Among 630 Steel companies, Grace Life tech Holdings ranks worse than 99.37% 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. Grace Life tech Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -12.61%.
The historical rank and industry rank for Grace Life tech Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
HKSE:02112'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -251.7 Med: -16.53 Max: 18.04
Current: -164.71
During the past 13 years, Grace Life tech Holdings's highest ROC (Joel Greenblatt) % was 18.04%. The lowest was -251.70%. And the median was -16.53%.
HKSE:02112's ROC (Joel Greenblatt) % is ranked worse than 99.37% of 630
companies
in the Steel industry
Industry Median: 8.45
vs HKSE:02112: -164.71
Grace Life tech Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Grace Life tech Holdings (HKSE:02112) 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.
Grace Life tech Holdings ROC (Joel Greenblatt) % Related Terms
Grace Life tech Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Grace Life tech 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.
Grace Life tech Holdings ROC (Joel Greenblatt) % Chart
HKSE:02112 vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Grace Life tech 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.
Grace Life tech Holdings ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Grace Life tech Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Grace Life tech Holdings's ROC (Joel Greenblatt) % falls into.
Grace Life tech 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 (Jun. 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 -12.61% mean?
Grace Life tech Holdings (HKSE:02112) has a ROC (Joel Greenblatt) % of -12.61% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Grace Life tech Holdings and its competitors. According to the industry distribution chart, Grace Life tech Holdings ranks #626 out of 630 companies in the Steel industry, placing it in the top 99.4%.
Is Grace Life tech Holdings' ROC (Joel Greenblatt) % too high?
Grace Life tech Holdings' current ROC (Joel Greenblatt) % is -12.61%. Based on the distribution chart, Grace Life tech Holdings ranks #626 out of 630 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Grace Life tech Holdings' ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Grace Life tech Holdings ranks #626 out of 630 companies for ROC (Joel Greenblatt) %. This places Grace Life tech Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.45. 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 8.45, based on 630 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 Grace Life tech Holdings and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grace Life tech Holdings's current ROC (Joel Greenblatt) % is -12.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grace Life tech Holdings stock overvalued right now?
Based on GuruFocus' analysis, Grace Life tech Holdings (HKSE:02112) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.04 — trading 38.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is -12.61%. 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 Grace Life tech Holdings (HKSE:02112), the current ROC (Joel Greenblatt) % is -12.61% as of Jun. 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.
Grace Life tech Holdings Ltd is engaged in iron ore exploration, mining, crushing, and beneficiation as well as the sale of iron ore products in the form of iron ore concentrates and iron ore fines. The company's segments are the Iron ore mining and processing operation segment, Health product trade segment, Commercial trade segments, and others. It generates the majority of its revenue from the Health product trade segment which includes the trading of health products. It has geographical markets in the PRC, Hong Kong, Malaysia, and others.
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