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Shandong Baogai New Materials Technology CoHKSE:08090 23 ROC (Joel Greenblatt) % is 27.14% as of Dec. 2025, which is 4% below its 10-year median of 28.32. GuruFocus rates HKSE:08090 with a GF Score™ of 23/100. The stock has 2 warning signs investors should review. Among 413 Building Materials companies, Shandong Baogai New Materials Technology Co ranks better than 84.02% 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. Shandong Baogai New Materials Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 27.14%.
HKSE:08090's ROC (Joel Greenblatt) % is ranked better than 84.02% of 413
companies
in the Building Materials industry
Industry Median: 8.46
vs HKSE:08090: 27.14
Shandong Baogai New Materials Technology Co (HKSE:08090) 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.
Shandong Baogai New Materials Technology Co ROC (Joel Greenblatt) % Chart
Shandong Baogai New Materials Technology Co Annual Data
Trend
Dec23
Dec24
Dec25
ROC (Joel Greenblatt) %
37.16
28.32
27.14
Shandong Baogai New Materials Technology Co Semi-Annual Data
Dec23
Dec24
Dec25
ROC (Joel Greenblatt) %
37.16
28.32
27.14
HKSE:08090 vs CRH, MLM, VMC: ROC (Joel Greenblatt) % Comparison
For the Building Materials subindustry, Shandong Baogai New Materials Technology Co'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.
Shandong Baogai New Materials Technology Co ROC (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Shandong Baogai New Materials Technology Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shandong Baogai New Materials Technology Co's ROC (Joel Greenblatt) % falls into.
Shandong Baogai New Materials Technology Co 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 one times the 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 27.14% mean?
Shandong Baogai New Materials Technology Co (HKSE:08090) has a ROC (Joel Greenblatt) % of 27.14% 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 Shandong Baogai New Materials Technology Co and its competitors. This is near median its historical median of 28.32. Over the past decade, Shandong Baogai New Materials Technology Co's ROC (Joel Greenblatt) % has ranged from 27.14 to 37.16. According to the industry distribution chart, Shandong Baogai New Materials Technology Co ranks #66 out of 413 companies in the Building Materials industry, placing it in the top 16%.
Is Shandong Baogai New Materials Technology Co's ROC (Joel Greenblatt) % too high?
Shandong Baogai New Materials Technology Co's current ROC (Joel Greenblatt) % of 27.14% is near median its 10-year median of 28.32. Over the past 10 years, this metric has ranged from a low of 27.14 to a high of 37.16. The Building Materials industry median ROC (Joel Greenblatt) % is 8.46. Shandong Baogai New Materials Technology Co's value of 27.14% is 220.8% above this industry median. Based on the distribution chart, Shandong Baogai New Materials Technology Co ranks #66 out of 413 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Baogai New Materials Technology Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Shandong Baogai New Materials Technology Co's ROC (Joel Greenblatt) % compare to CRH and MLM?
According to the Building Materials industry distribution chart, Shandong Baogai New Materials Technology Co ranks #66 out of 413 companies for ROC (Joel Greenblatt) %. This places Shandong Baogai New Materials Technology Co in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.46. Shandong Baogai New Materials Technology Co's value of 27.14% is 220.8% above this benchmark. Historically, Shandong Baogai New Materials Technology Co's own ROC (Joel Greenblatt) % has ranged from 27.14 to 37.16 over the past decade. While the company's 10-year median is 28.32 vs. the industry median of 8.46, Shandong Baogai New Materials Technology Co has consistently been above 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 Building Materials company?
The median ROC (Joel Greenblatt) % among Building Materials companies is 8.46, based on 413 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. Shandong Baogai New Materials Technology Co's current ROC (Joel Greenblatt) % of 27.14% is 220.8% 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 Shandong Baogai New Materials Technology Co and its competitors. For the Building Materials industry, the median ROC (Joel Greenblatt) % is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Baogai New Materials Technology Co's current ROC (Joel Greenblatt) % is 27.14%, which is near median its own 10-year median of 28.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Baogai New Materials Technology Co stock overvalued right now?
Shandong Baogai New Materials Technology Co (HKSE:08090) has a current ROC (Joel Greenblatt) % of 27.14%. The current ROC (Joel Greenblatt) % is 27.14%, which is near median its 10-year median of 28.32 and 220.8% above the Building Materials industry median of 8.46. Shandong Baogai New Materials Technology Co's overall GF Score™ is 23/100 with 2 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 Shandong Baogai New Materials Technology Co (HKSE:08090), the current ROC (Joel Greenblatt) % is 27.14% 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.
Shandong Baogai New Materials Technology Co Ltd is a specialized manufacturer in China's composite trench cover industry, specializing in composite trench cover products for engineering and infrastructure needs. The principal activities of the company are engaged in the R&D, manufacturing, and sales of high-performance glass fiber-reinforced polymer trench covers, including cable trench covers, drainage covers,and manhole covers. The majority of the company's revenue is derived from the sale of cable trench covers and the rest from drainage trench covers, manhole trench covers, and others. Geographically, the maximum revenue is generated from the Chinese Mainland.
23GF Score
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