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Sun Hung Kai PropertiesMEX:16N 81 ROC (Joel Greenblatt) % is 15.22% as of Dec. 2025, which is 16% below its 10-year median of 18.02. GuruFocus rates MEX:16N with a GF Score™ of 81/100 and a GF Value™ of MXN148.03. The stock has 5 warning signs investors should review. Among 1,750 Real Estate companies, Sun Hung Kai Properties ranks better than 53.49% 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. Sun Hung Kai Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 15.22%.
The historical rank and industry rank for Sun Hung Kai Properties's ROC (Joel Greenblatt) % or its related term are showing as below:
MEX:16N'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.63 Med: 18.02 Max: 38.82
Current: 15.86
During the past 13 years, Sun Hung Kai Properties's highest ROC (Joel Greenblatt) % was 38.82%. The lowest was 12.63%. And the median was 18.02%.
MEX:16N's ROC (Joel Greenblatt) % is ranked better than 53.49% of 1750
companies
in the Real Estate industry
Industry Median: 12.795
vs MEX:16N: 15.86
Sun Hung Kai Properties's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.00% per year.
Sun Hung Kai Properties (MEX:16N) 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.
Sun Hung Kai Properties ROC (Joel Greenblatt) % Related Terms
Sun Hung Kai Properties ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Sun Hung Kai Properties'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.
Sun Hung Kai Properties ROC (Joel Greenblatt) % Chart
Sun Hung Kai Properties ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, Sun Hung Kai Properties'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.
Sun Hung Kai Properties ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Sun Hung Kai Properties's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sun Hung Kai Properties's ROC (Joel Greenblatt) % falls into.
Sun Hung Kai Properties 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 (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 15.22% mean?
Sun Hung Kai Properties (MEX:16N) has a ROC (Joel Greenblatt) % of 15.22% 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 Sun Hung Kai Properties and its competitors. This is 16% below median its historical median of 18.02. Over the past decade, Sun Hung Kai Properties' ROC (Joel Greenblatt) % has ranged from 12.63 to 38.82. According to the industry distribution chart, Sun Hung Kai Properties ranks #814 out of 1750 companies in the Real Estate industry, placing it in the top 46.5%.
Is Sun Hung Kai Properties' ROC (Joel Greenblatt) % too high?
Sun Hung Kai Properties' current ROC (Joel Greenblatt) % of 15.22% is 16% below median its 10-year median of 18.02. Over the past 10 years, this metric has ranged from a low of 12.63 to a high of 38.82. The Real Estate industry median ROC (Joel Greenblatt) % is 12.80. Sun Hung Kai Properties' value of 15.22% is 19% above this industry median. Based on the distribution chart, Sun Hung Kai Properties ranks #814 out of 1750 companies in the Real Estate industry, which is above the industry midpoint. Overall, Sun Hung Kai Properties has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Sun Hung Kai Properties' ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Sun Hung Kai Properties ranks #814 out of 1750 companies for ROC (Joel Greenblatt) %. This puts Sun Hung Kai Properties in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.80. Sun Hung Kai Properties' value of 15.22% is 19% above this benchmark. Historically, Sun Hung Kai Properties' own ROC (Joel Greenblatt) % has ranged from 12.63 to 38.82 over the past decade. While the company's 10-year median is 18.02 vs. the industry median of 12.80, Sun Hung Kai Properties 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.80, based on 1,750 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. Sun Hung Kai Properties's current ROC (Joel Greenblatt) % of 15.22% is 19% 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 Sun Hung Kai Properties and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Hung Kai Properties's current ROC (Joel Greenblatt) % is 15.22%, which is 16% below median its own 10-year median of 18.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Hung Kai Properties stock overvalued right now?
Sun Hung Kai Properties (MEX:16N) has a current ROC (Joel Greenblatt) % of 15.22%. The stock's GF Value™ is MXN148.03, compared to a current price of MXN190.02 — trading 28.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 15.22%, which is 16% below median its 10-year median of 18.02 and 19% above the Real Estate industry median of 12.80. Sun Hung Kai Properties' overall GF Score™ is 81/100 with 5 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 Sun Hung Kai Properties (MEX:16N), the current ROC (Joel Greenblatt) % is 15.22% 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.
Is Sun Hung Kai Properties (MEX:16N) Overvalued in 2026?
Based on GuruFocus' analysis, Sun Hung Kai Properties stock appears to be overvalued.
The current stock price of MXN190.02 is trading 28.4% above its estimated GF Value™ of MXN148.03.
Key valuation signals for MEX:16N:
ROC (Joel Greenblatt) %: 15.22% (16% below median its 10-year median of 18.02)
GF Value™: MXN148.03 vs. price of MXN190.02 (28.4% above fair value)
Industry Position: 19% above the Real Estate median (#814 of 1750)
No single metric tells the full story. See the MEX:16N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, office, and retail real estate segments. Most of its business is based in Hong Kong, where it is a leading private housing developer and holds a portfolio of high-quality retail and office properties for rental income. The company also invests in other listed entities, including a telecommunication company, SmarTone, and a data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.
81GF Score
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