JELCF (Johnson Electric Holdings) ROC (Joel Greenblatt) %: 8.65% (As of Mar. 2026) — 41% Below Median

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JELCF Johnson Electric Holdings Ltd JELCF
77 GF Score
Price $3.42
GF Value $2.22
! 2 Warning Signs
View Full Analysis

What is Johnson Electric Holdings ROC (Joel Greenblatt) %?

Johnson Electric Holdings JELCF -1.56% 77 ROC (Joel Greenblatt) % is 8.65% as of Mar. 2026, which is 41% below its 10-year median of 14.73. GuruFocus rates JELCF with a GF Score™ of 77/100 and a GF Value™ of $2.22. The stock has 2 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Johnson Electric Holdings ranks better than 52.22% 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. Johnson Electric Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.65%.

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

JELCF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -27.66   Med: 14.73   Max: 32.22
Current: 12.91

During the past 13 years, Johnson Electric Holdings's highest ROC (Joel Greenblatt) % was 32.22%. The lowest was -27.66%. And the median was 14.73%.

JELCF's ROC (Joel Greenblatt) % is ranked better than
52.22% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 12.07 vs JELCF: 12.91

Johnson Electric Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.40% per year.


Johnson Electric Holdings  (OTCPK:JELCF) 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.


Johnson Electric Holdings ROC (Joel Greenblatt) % Related Terms


Johnson Electric Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Johnson Electric 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.

Johnson Electric Holdings ROC (Joel Greenblatt) % Chart

Johnson Electric Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.23 9.22 14.60 16.81 12.78

Johnson Electric Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 14.57 17.41 15.80 17.35 8.65

JELCF vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, Johnson Electric 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.


Johnson Electric Holdings ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Johnson Electric Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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


JELCF
77GF Score
Johnson Electric Holdings Ltd JELCF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Johnson Electric 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(677.515 + 595.706 + 41.636) - (811.813 + 0 + 53.649)
=449.395

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(703.831 + 615.228 + 42.719) - (838.924 + 0 + 48.936)
=473.918

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Johnson Electric Holdings for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=174.744/( ( (1524.373 + max(449.395, 0)) + (1591.928 + max(473.918, 0)) )/ 2 )
=174.744/( ( 1973.768 + 2065.846 )/ 2 )
=174.744/2019.807
=8.65 %

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 8.65% mean?
Johnson Electric Holdings (JELCF) has a ROC (Joel Greenblatt) % of 8.65% 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 Johnson Electric Holdings and its competitors. This is 41% below median its historical median of 14.73. According to the industry distribution chart, Johnson Electric Holdings ranks #636 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 47.8%.
Is Johnson Electric Holdings' ROC (Joel Greenblatt) % too high?
Johnson Electric Holdings' current ROC (Joel Greenblatt) % of 8.65% is 41% below median its 10-year median of 14.73. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.07. Johnson Electric Holdings' value of 8.65% is 28.3% below this industry median. Based on the distribution chart, Johnson Electric Holdings ranks #636 out of 1331 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Johnson Electric Holdings has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Johnson Electric Holdings' ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Johnson Electric Holdings ranks #636 out of 1331 companies for ROC (Joel Greenblatt) %. This puts Johnson Electric Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.07. Johnson Electric Holdings' value of 8.65% is 28.3% below this benchmark. While the company's 10-year median is 14.73 vs. the industry median of 12.07, Johnson Electric Holdings has consistently been below 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.07, based on 1,331 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. Johnson Electric Holdings's current ROC (Joel Greenblatt) % of 8.65% is 28.3% below 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 Johnson Electric Holdings and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Johnson Electric Holdings's current ROC (Joel Greenblatt) % is 8.65%, which is 41% below median its own 10-year median of 14.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Electric Holdings stock overvalued right now?
Johnson Electric Holdings (JELCF) has a current ROC (Joel Greenblatt) % of 8.65%. The stock's GF Value™ is $2.22, compared to a current price of $3.42 — trading 53.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 8.65%, which is 41% below median its 10-year median of 14.73 and 28.3% below the Vehicles & Parts industry median of 12.07. Johnson Electric Holdings' overall GF Score™ is 77/100 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 Johnson Electric Holdings (JELCF), the current ROC (Joel Greenblatt) % is 8.65% 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 Johnson Electric Holdings (JELCF) Overvalued in 2026?

Based on GuruFocus' analysis, Johnson Electric Holdings stock appears to be overvalued. The current stock price of $3.42 is trading 53.9% above its estimated GF Value™ of $2.22.

Key valuation signals for JELCF:

  • ROC (Joel Greenblatt) %: 8.65% (41% below median its 10-year median of 14.73)
  • GF Value™: $2.22 vs. price of $3.42 (53.9% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 28.3% below the Vehicles & Parts median (#636 of 1331)

No single metric tells the full story. See the JELCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Johnson Electric Holdings Business Description

Address 12 Science Park East Avenue, 6th Floor, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Johnson Electric Holdings Ltd operates manufacturing plants and sales operations throughout the world. It operates through two business units: Automotive Products Group (APG) and Industry Products Group (IPG). APG provides custom motors, actuators, switches, and motion sub-system solutions for critical automotive motion-related functions, while IPG provides motion products and customized solutions for commercial and industrial applications. Its products include AC Motors, Actuators (Automotive), Automotive Cooling Fan Motors, eDrives, EV Chargers, Flat Flexible and Flex Circuits, Gearmotors, and others. Geographically, the company generates revenue from North America, the People's Republic of China, South America, Asia-Pacific, Europe, the Middle East, and Africa.
77GF Score

Get the complete analysis for JELCF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.42
Price
$2.22
GF Value