MHIHF (Million Hope Industries Holdings) ROC (Joel Greenblatt) %: 6.24% (As of Mar. 2026) — 60% Below Median

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MHIHF Million Hope Industries Holdings Ltd MHIHF
50 GF Score
Price $0.04
GF Value $0.02
! 7 Warning Signs
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What is Million Hope Industries Holdings ROC (Joel Greenblatt) %?

Million Hope Industries Holdings MHIHF 50 ROC (Joel Greenblatt) % is 6.24% as of Mar. 2026, which is 60% below its 10-year median of 15.50. GuruFocus rates MHIHF with a GF Score™ of 50/100 and a GF Value™ of $0.02. The stock has 7 warning signs investors should review. Among 1,788 Construction companies, Million Hope Industries Holdings ranks worse than 72.87% 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. Million Hope Industries Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.24%.

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

MHIHF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.16   Med: 15.5   Max: 303.82
Current: 4.27

During the past 11 years, Million Hope Industries Holdings's highest ROC (Joel Greenblatt) % was 303.82%. The lowest was 4.16%. And the median was 15.50%.

MHIHF's ROC (Joel Greenblatt) % is ranked worse than
72.87% of 1788 companies
in the Construction industry
Industry Median: 19.305 vs MHIHF: 4.27

Million Hope Industries Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -24.60% per year.


Million Hope Industries Holdings  (OTCPK:MHIHF) 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.


Million Hope Industries Holdings ROC (Joel Greenblatt) % Related Terms


Million Hope Industries Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Million Hope Industries 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.

Million Hope Industries Holdings ROC (Joel Greenblatt) % Chart

Million Hope Industries 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 11.57 5.55 8.09 6.52 4.14

Million Hope Industries Holdings Semi-Annual Data
Mar16 Mar17 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 10.62 9.10 2.90 2.05 6.24

MHIHF vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison

For the Building Products & Equipment subindustry, Million Hope Industries 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.


Million Hope Industries Holdings ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Million Hope Industries Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Million Hope Industries Holdings's ROC (Joel Greenblatt) % falls into.


MHIHF
50GF Score
Million Hope Industries Holdings Ltd MHIHF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Million Hope Industries 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)
=(9.261 + 5.517 + 0.66200000000001) - (4.644 + 0 + 3.423)
=7.373

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.836 + 6.091 + 2.315) - (4.951 + 0 + 2.335)
=12.956

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Million Hope Industries 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 )
=1.462/( ( (13.5 + max(7.373, 0)) + (13.032 + max(12.956, 0)) )/ 2 )
=1.462/( ( 20.873 + 25.988 )/ 2 )
=1.462/23.4305
=6.24 %

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 6.24% mean?
Million Hope Industries Holdings (MHIHF) has a ROC (Joel Greenblatt) % of 6.24% 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 Million Hope Industries Holdings and its competitors. This is 60% below median its historical median of 15.50. Over the past decade, Million Hope Industries Holdings' ROC (Joel Greenblatt) % has ranged from 4.16 to 303.82. According to the industry distribution chart, Million Hope Industries Holdings ranks #1303 out of 1788 companies in the Construction industry, placing it in the top 72.9%.
Is Million Hope Industries Holdings' ROC (Joel Greenblatt) % too high?
Million Hope Industries Holdings' current ROC (Joel Greenblatt) % of 6.24% is 60% below median its 10-year median of 15.50. Over the past 10 years, this metric has ranged from a low of 4.16 to a high of 303.82. The Construction industry median ROC (Joel Greenblatt) % is 19.31. Million Hope Industries Holdings' value of 6.24% is 67.7% below this industry median. Based on the distribution chart, Million Hope Industries Holdings ranks #1303 out of 1788 companies in the Construction industry, which is below the industry midpoint. Overall, Million Hope Industries Holdings has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Million Hope Industries Holdings' ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, Million Hope Industries Holdings ranks #1303 out of 1788 companies for ROC (Joel Greenblatt) %. This places Million Hope Industries Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.31. Million Hope Industries Holdings' value of 6.24% is 67.7% below this benchmark. Historically, Million Hope Industries Holdings' own ROC (Joel Greenblatt) % has ranged from 4.16 to 303.82 over the past decade. While the company's 10-year median is 15.50 vs. the industry median of 19.31, Million Hope Industries 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.31, based on 1,788 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. Million Hope Industries Holdings's current ROC (Joel Greenblatt) % of 6.24% is 67.7% 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 Million Hope Industries Holdings and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Million Hope Industries Holdings's current ROC (Joel Greenblatt) % is 6.24%, which is 60% below median its own 10-year median of 15.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Million Hope Industries Holdings stock overvalued right now?
Million Hope Industries Holdings (MHIHF) has a current ROC (Joel Greenblatt) % of 6.24%. The stock's GF Value™ is $0.02, compared to a current price of $0.04 — trading 100% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.24%, which is 60% below median its 10-year median of 15.50 and 67.7% below the Construction industry median of 19.31. Million Hope Industries Holdings' overall GF Score™ is 50/100 with 7 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 Million Hope Industries Holdings (MHIHF), the current ROC (Joel Greenblatt) % is 6.24% 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 Million Hope Industries Holdings (MHIHF) Overvalued in 2026?

Based on GuruFocus' analysis, Million Hope Industries Holdings stock appears to be overvalued. The current stock price of $0.04 is trading 100% above its estimated GF Value™ of $0.02.

Key valuation signals for MHIHF:

  • ROC (Joel Greenblatt) %: 6.24% (60% below median its 10-year median of 15.50)
  • GF Value™: $0.02 vs. price of $0.04 (100% above fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 67.7% below the Construction median (#1303 of 1788)

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


Million Hope Industries Holdings Business Description

Other Exchanges 01897:Hong Kong
Address 3 On Kwan Street, Office A, 20th Floor, Kings Wing Plaza 1, Shek Mum, Shatin, New Territories, Hong Kong, HKG
Million Hope Industries Holdings Ltd and its subsidiaries are engaged in designing, supplying and installation of facade and curtain wall systems, with a focus on curtain walls, aluminum windows and doors. The company provides design, supply and installation services for curtain walls, aluminium windows and doors on both new and existing buildings, and works with customers and architects to offer tailor-made designs and products to suit the project requirements. The principal customers are the main contractors and property developers. Geographically, the group has a business presence in Hong Kong and Mainland China of which prime revenue is generated from Hong Kong.
50GF Score

Get the complete analysis for MHIHF

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

$0.04
Price
$0.02
GF Value