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New Century Logistics (BVI)NCEW +3.77%15 ROC (Joel Greenblatt) % is -14.39% as of Mar. 2026. GuruFocus rates NCEW with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 997 Transportation companies, New Century Logistics (BVI) ranks worse than 97.89% 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. New Century Logistics (BVI)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -14.39%.
The historical rank and industry rank for New Century Logistics (BVI)'s ROC (Joel Greenblatt) % or its related term are showing as below:
NCEW'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -149.87 Med: 6.7 Max: 134.37
Current: -149.87
During the past 5 years, New Century Logistics (BVI)'s highest ROC (Joel Greenblatt) % was 134.37%. The lowest was -149.87%. And the median was 6.70%.
NCEW's ROC (Joel Greenblatt) % is ranked worse than 97.89% of 997
companies
in the Transportation industry
Industry Median: 11.75
vs NCEW: -149.87
New Century Logistics (BVI) (NAS:NCEW) 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.
* 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.
New Century Logistics (BVI) ROC (Joel Greenblatt) % Chart
NCEW vs JANL, CRGO, SFWL: ROC (Joel Greenblatt) % Comparison
For the Integrated Freight & Logistics subindustry, New Century Logistics (BVI)'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.
New Century Logistics (BVI) ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, New Century Logistics (BVI)'s ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where New Century Logistics (BVI)'s ROC (Joel Greenblatt) % falls into.
New Century Logistics (BVI) 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 -14.39% mean?
New Century Logistics (BVI) (NCEW) has a ROC (Joel Greenblatt) % of -14.39% 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 New Century Logistics (BVI) and its competitors. According to the industry distribution chart, New Century Logistics (BVI) ranks #976 out of 997 companies in the Transportation industry, placing it in the top 97.9%.
Is New Century Logistics (BVI)'s ROC (Joel Greenblatt) % too high?
New Century Logistics (BVI)'s current ROC (Joel Greenblatt) % is -14.39%. Based on the distribution chart, New Century Logistics (BVI) ranks #976 out of 997 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, New Century Logistics (BVI) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does New Century Logistics (BVI)'s ROC (Joel Greenblatt) % compare to JANL and CRGO?
According to the Transportation industry distribution chart, New Century Logistics (BVI) ranks #976 out of 997 companies for ROC (Joel Greenblatt) %. This places New Century Logistics (BVI) in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.75. 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.75, based on 997 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. 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 New Century Logistics (BVI) and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Century Logistics (BVI)'s current ROC (Joel Greenblatt) % is -14.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Century Logistics (BVI) stock overvalued right now?
New Century Logistics (BVI) (NCEW) has a current ROC (Joel Greenblatt) % of -14.39%. The current ROC (Joel Greenblatt) % is -14.39%. New Century Logistics (BVI)'s overall GF Score™ is 15/100 with 6 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 New Century Logistics (BVI) (NCEW), the current ROC (Joel Greenblatt) % is -14.39% 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.
New Century Logistics (BVI) Ltd is a freight forwarding service provider based in Hong Kong. The company offers air and ocean export and import freight forwarding services, including the sale of cargo space, cargo pickup, off-airport air cargo security screening, palletization, preparation of shipping documentation, arrangement of customs clearance, and cargo handling at ports. It provides a full range of logistics services supported by a robust international network that facilitates the movement of customers goods. Its services include Project Cargo, Warehousing & Distribution, Ocean Freight Import & Export, and Air Freight Import & Export. The company operates in the British Virgin Islands and Hong Kong, with the majority of its revenue generated from Hong Kong.
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