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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. Life Concepts Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 818.22%.
The historical rank and industry rank for Life Concepts Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
HKSE:08056'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -375.39 Med: -55.34 Max: 1933.23
Current: 364.79
During the past 13 years, Life Concepts Holdings's highest ROC (Joel Greenblatt) % was 1933.23%. The lowest was -375.39%. And the median was -55.34%.
HKSE:08056's ROC (Joel Greenblatt) % is ranked better than 98.35% of 364
companies
in the Restaurants industry
Industry Median: 8.645
vs HKSE:08056: 364.79
Life Concepts Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Life Concepts Holdings (HKSE:08056) 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.
Life Concepts Holdings ROC (Joel Greenblatt) % Related Terms
Life Concepts Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Life Concepts 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.
Life Concepts Holdings ROC (Joel Greenblatt) % Chart
HKSE:08056 vs MCD, SBUX, YUM: ROC (Joel Greenblatt) % Comparison
For the Restaurants subindustry, Life Concepts 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.
Life Concepts Holdings ROC (Joel Greenblatt) % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Life Concepts Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Life Concepts Holdings's ROC (Joel Greenblatt) % falls into.
Life Concepts 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 (Mar. 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 818.22% mean?
Life Concepts Holdings (HKSE:08056) has a ROC (Joel Greenblatt) % of 818.22% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Life Concepts Holdings and its competitors. According to the industry distribution chart, Life Concepts Holdings ranks #6 out of 364 companies in the Restaurants industry, placing it in the top 1.6%.
Is Life Concepts Holdings' ROC (Joel Greenblatt) % too high?
Life Concepts Holdings' current ROC (Joel Greenblatt) % is 818.22%. The Restaurants industry median ROC (Joel Greenblatt) % is 8.65. Life Concepts Holdings' value of 818.22% is 9364.7% above this industry median. Based on the distribution chart, Life Concepts Holdings ranks #6 out of 364 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Life Concepts Holdings has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Life Concepts Holdings' ROC (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Life Concepts Holdings ranks #6 out of 364 companies for ROC (Joel Greenblatt) %. This places Life Concepts Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.65. Life Concepts Holdings' value of 818.22% is 9364.7% 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 Restaurants company?
The median ROC (Joel Greenblatt) % among Restaurants companies is 8.65, based on 364 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. Life Concepts Holdings's current ROC (Joel Greenblatt) % of 818.22% is 9364.7% 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 Life Concepts Holdings and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Life Concepts Holdings's current ROC (Joel Greenblatt) % is 818.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Life Concepts Holdings stock overvalued right now?
Based on GuruFocus' analysis, Life Concepts Holdings (HKSE:08056) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.54, compared to a current price of HK$0.20 — trading 62.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 818.22% and 9364.7% above the Restaurants industry median of 8.65. Life Concepts Holdings' overall GF Score™ is 37/100 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 Life Concepts Holdings (HKSE:08056), the current ROC (Joel Greenblatt) % is 818.22% as of Mar. 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 Life Concepts Holdings (HKSE:08056) Overvalued in 2026?
Based on GuruFocus' analysis, Life Concepts Holdings stock appears to be undervalued.
The current stock price of HK$0.20 is trading 62.4% below its estimated GF Value™ of HK$0.54.
GuruFocus considers Life Concepts Holdings to be Possible Value Trap.
Key valuation signals for HKSE:08056:
ROC (Joel Greenblatt) %: 818.22%
GF Value™: HK$0.54 vs. price of HK$0.20 (62.4% below fair value)
Industry Position: 9364.7% above the Restaurants median (#6 of 364)
No single metric tells the full story. See the HKSE:08056 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Life Concepts Holdings Ltd is an investment holding company. The company's operating segment includes Provision of Catering Services; Provision of organic vegetables consulting services and Provision of financial intermediation services. It generates maximum revenue from Provision of Catering Services segment. Geographically, it derives a majority of revenue from Hong Kong.
37GF Score
Get the complete analysis for HKSE:08056
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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