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Hilong HoldingHLONF -40.00%55 ROC (Joel Greenblatt) % is 14.21% as of Dec. 2025, which is 72% above its 10-year median of 8.26. GuruFocus rates HLONF with a GF Score™ of 55/100. The stock has 4 warning signs investors should review. Among 1,000 Oil & Gas companies, Hilong Holding ranks worse than 64.4% 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. Hilong Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 14.21%.
The historical rank and industry rank for Hilong Holding's ROC (Joel Greenblatt) % or its related term are showing as below:
HLONF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.72 Med: 8.26 Max: 12.24
Current: 2.08
During the past 13 years, Hilong Holding's highest ROC (Joel Greenblatt) % was 12.24%. The lowest was 0.72%. And the median was 8.26%.
HLONF's ROC (Joel Greenblatt) % is ranked worse than 64.4% of 1000
companies
in the Oil & Gas industry
Industry Median: 8.43
vs HLONF: 2.08
Hilong Holding's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 18.50% per year.
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.
Hilong Holding ROC (Joel Greenblatt) % Related Terms
Hilong Holding ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Hilong Holding'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.
HLONF vs SLB, BKR, FTI: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Equipment & Services subindustry, Hilong Holding'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.
Hilong Holding ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hilong Holding's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hilong Holding's ROC (Joel Greenblatt) % falls into.
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 (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 14.21% mean?
Hilong Holding (HLONF) has a ROC (Joel Greenblatt) % of 14.21% 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 Hilong Holding and its competitors. This is 72% above median its historical median of 8.26. Over the past decade, Hilong Holding's ROC (Joel Greenblatt) % has ranged from 0.72 to 12.24. According to the industry distribution chart, Hilong Holding ranks #644 out of 1000 companies in the Oil & Gas industry, placing it in the top 64.4%.
Is Hilong Holding's ROC (Joel Greenblatt) % too high?
Hilong Holding's current ROC (Joel Greenblatt) % of 14.21% is 72% above median its 10-year median of 8.26. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 12.24. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.43. Hilong Holding's value of 14.21% is 68.6% above this industry median. Based on the distribution chart, Hilong Holding ranks #644 out of 1000 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Hilong Holding has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Hilong Holding's ROC (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Hilong Holding ranks #644 out of 1000 companies for ROC (Joel Greenblatt) %. This places Hilong Holding in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.43. Hilong Holding's value of 14.21% is 68.6% above this benchmark. Historically, Hilong Holding's own ROC (Joel Greenblatt) % has ranged from 0.72 to 12.24 over the past decade. While the company's 10-year median is 8.26 vs. the industry median of 8.43, Hilong Holding 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 an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.43, based on 1,000 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. Hilong Holding's current ROC (Joel Greenblatt) % of 14.21% is 68.6% 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 Hilong Holding and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hilong Holding's current ROC (Joel Greenblatt) % is 14.21%, which is 72% above median its own 10-year median of 8.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hilong Holding stock overvalued right now?
Hilong Holding (HLONF) has a current ROC (Joel Greenblatt) % of 14.21%. The current ROC (Joel Greenblatt) % is 14.21%, which is 72% above median its 10-year median of 8.26 and 68.6% above the Oil & Gas industry median of 8.43. Hilong Holding's overall GF Score™ is 55/100 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 Hilong Holding (HLONF), the current ROC (Joel Greenblatt) % is 14.21% 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.
Hilong Holding Ltd is an integrated oil field equipment and services provider and is principally engaged in manufacturing and distribution of oil and gas drilling equipment, and provision of oilfield and offshore engineering services. Its principal activity is investment holding. Its segments include Oilfield equipment manufacturing and services provision, including the production of oilfield equipment; Oilfield services provision, including the provision of well drilling services, integrated comprehensive services, oil country tubular goods trading and related services to oil and gas producers; and Offshore engineering services provision, including the provision of offshore engineering services and offshore design services. It derives majority of the revenue from Oilfield services.
55GF Score
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