Man Wah HoldingsMAWHF 56 ROC (Joel Greenblatt) % is 14.95% as of Mar. 2026, which is 57% below its 10-year median of 34.69. GuruFocus rates MAWHF with a GF Score™ of 56/100 and a GF Value™ of $0.82 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 432 Furnishings, Fixtures & Appliances companies, Man Wah Holdings ranks better than 73.15% 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. Man Wah Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.95%.
The historical rank and industry rank for Man Wah Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
MAWHF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 21.39 Med: 34.69 Max: 64.55
Current: 21.39
During the past 13 years, Man Wah Holdings's highest ROC (Joel Greenblatt) % was 64.55%. The lowest was 21.39%. And the median was 34.69%.
MAWHF's ROC (Joel Greenblatt) % is ranked better than 73.15% of 432
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.265
vs MAWHF: 21.39
Man Wah Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.10% per year.
Man Wah Holdings (OTCPK:MAWHF) 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.
Man Wah Holdings ROC (Joel Greenblatt) % Related Terms
Man Wah Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Man Wah 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.
MAWHF vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Man Wah 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.
Man Wah Holdings ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Man Wah Holdings's ROC (Joel Greenblatt) % falls into.
Man Wah 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 14.95% mean?
Man Wah Holdings (MAWHF) has a ROC (Joel Greenblatt) % of 14.95% 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 Man Wah Holdings and its competitors. This is 57% below median its historical median of 34.69. Over the past decade, Man Wah Holdings' ROC (Joel Greenblatt) % has ranged from 21.39 to 64.55. According to the industry distribution chart, Man Wah Holdings ranks #116 out of 432 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 26.9%.
Is Man Wah Holdings' ROC (Joel Greenblatt) % too high?
Man Wah Holdings' current ROC (Joel Greenblatt) % of 14.95% is 57% below median its 10-year median of 34.69. Over the past 10 years, this metric has ranged from a low of 21.39 to a high of 64.55. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.27. Man Wah Holdings' value of 14.95% is 61.4% above this industry median. Based on the distribution chart, Man Wah Holdings ranks #116 out of 432 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Man Wah Holdings has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Man Wah Holdings' ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Man Wah Holdings ranks #116 out of 432 companies for ROC (Joel Greenblatt) %. This puts Man Wah Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.27. Man Wah Holdings' value of 14.95% is 61.4% above this benchmark. Historically, Man Wah Holdings' own ROC (Joel Greenblatt) % has ranged from 21.39 to 64.55 over the past decade. While the company's 10-year median is 34.69 vs. the industry median of 9.27, Man Wah Holdings 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.27, based on 432 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. Man Wah Holdings's current ROC (Joel Greenblatt) % of 14.95% is 61.4% 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 Man Wah Holdings and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Wah Holdings's current ROC (Joel Greenblatt) % is 14.95%, which is 57% below median its own 10-year median of 34.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Wah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Wah Holdings (MAWHF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.82, compared to a current price of $0.55 — trading 32.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.95%, which is 57% below median its 10-year median of 34.69 and 61.4% above the Furnishings, Fixtures & Appliances industry median of 9.27. Man Wah Holdings' overall GF Score™ is 56/100 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 Man Wah Holdings (MAWHF), the current ROC (Joel Greenblatt) % is 14.95% 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 Man Wah Holdings (MAWHF) Overvalued in 2026?
Based on GuruFocus' analysis, Man Wah Holdings stock appears to be undervalued.
The current stock price of $0.55 is trading 32.8% below its estimated GF Value™ of $0.82.
GuruFocus considers Man Wah Holdings to be Significantly Undervalued.
Key valuation signals for MAWHF:
ROC (Joel Greenblatt) %: 14.95% (57% below median its 10-year median of 34.69)
GF Value™: $0.82 vs. price of $0.55 (32.8% below fair value)
Industry Position: 61.4% above the Furnishings, Fixtures & Appliances median (#116 of 432)
No single metric tells the full story. See the MAWHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau) and also ahs its presence in North America, Europe and others.
56GF Score
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