Glory Flame Holdings (HKSE:08059) ROC (Joel Greenblatt) %: -2.15% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Glory Flame Holdings ROC (Joel Greenblatt) %?

Glory Flame Holdings HKSE:08059 ROC (Joel Greenblatt) % is -2.15% as of Dec. 2025. The stock has 6 warning signs investors should review. Among 1,788 Construction companies, Glory Flame Holdings ranks worse than 86.86% 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. Glory Flame Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -2.15%.

The historical rank and industry rank for Glory Flame Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:

HKSE:08059' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -169.23   Med: -21.43   Max: 15.33
Current: -20.77

During the past 13 years, Glory Flame Holdings's highest ROC (Joel Greenblatt) % was 15.33%. The lowest was -169.23%. And the median was -21.43%.

HKSE:08059's ROC (Joel Greenblatt) % is ranked worse than
86.86% of 1788 companies
in the Construction industry
Industry Median: 19.52 vs HKSE:08059: -20.77

Glory Flame Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Glory Flame Holdings  (HKSE:08059) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Glory Flame Holdings ROC (Joel Greenblatt) % Related Terms


Glory Flame Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Glory Flame 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.

Glory Flame Holdings ROC (Joel Greenblatt) % Chart

Glory Flame Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -55.27 7.53 -3.83 -22.56 -20.29

Glory Flame Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.99 -4.19 -44.45 -40.26 -2.15

HKSE:08059 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Glory Flame 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.


Glory Flame Holdings ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Glory Flame Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Glory Flame Holdings's ROC (Joel Greenblatt) % falls into.



Glory Flame 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.428 + 1.588 + 1.147) - (22.771 + 0 + 6.691)
=12.701

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(43.508 + 5.803 + 0) - (25.369 + 0 + 6.678)
=17.264

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Glory Flame Holdings for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.656/( ( (16.418 + max(12.701, 0)) + (14.638 + max(17.264, 0)) )/ 2 )
=-0.656/( ( 29.119 + 31.902 )/ 2 )
=-0.656/30.5105
=-2.15 %

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 -2.15% mean?
Glory Flame Holdings (HKSE:08059) has a ROC (Joel Greenblatt) % of -2.15% 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 Glory Flame Holdings and its competitors. According to the industry distribution chart, Glory Flame Holdings ranks #1553 out of 1788 companies in the Construction industry, placing it in the top 86.9%.
Is Glory Flame Holdings' ROC (Joel Greenblatt) % too high?
Glory Flame Holdings' current ROC (Joel Greenblatt) % is -2.15%. Based on the distribution chart, Glory Flame Holdings ranks #1553 out of 1788 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Glory Flame Holdings' ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Glory Flame Holdings ranks #1553 out of 1788 companies for ROC (Joel Greenblatt) %. This places Glory Flame Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.52. 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.52, based on 1,788 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 Glory Flame Holdings and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glory Flame Holdings's current ROC (Joel Greenblatt) % is -2.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glory Flame Holdings stock overvalued right now?
Based on GuruFocus' analysis, Glory Flame Holdings (HKSE:08059) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.01, compared to a current price of HK$0.02 — trading 70% above its estimated fair value. The current ROC (Joel Greenblatt) % is -2.15%. 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 Glory Flame Holdings (HKSE:08059), the current ROC (Joel Greenblatt) % is -2.15% 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.

Glory Flame Holdings Business Description

Address 145 Hennessy Road, On Hong Commercial Building, Room 9B, 23rdFloor, Wan Chai, Hong Kong, HKG
Glory Flame Holdings Ltd Company is an investment holding company. The group mainly engages in provision of concrete demolition services and manufacturing and trading of prefabricated construction components. The company has presence in Hong Kong and The PRC, excluding Hong Kong. The company generates majority of revenue from Hong Kong.