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Hui Min Environmental TechROCO:6971 -0.76%13 ROC (Joel Greenblatt) % is 8.65% as of Mar. 2026, which is 42% below its 10-year median of 15.00. GuruFocus rates ROCO:6971 with a GF Score™ of 13/100. The stock has 5 warning signs investors should review. Among 3,065 Industrial Products companies, Hui Min Environmental Tech ranks better than 55.3% 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. Hui Min Environmental Tech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.65%.
The historical rank and industry rank for Hui Min Environmental Tech's ROC (Joel Greenblatt) % or its related term are showing as below:
ROCO:6971'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.43 Med: 15 Max: 18.57
Current: 14.16
During the past 5 years, Hui Min Environmental Tech's highest ROC (Joel Greenblatt) % was 18.57%. The lowest was 12.43%. And the median was 15.00%.
ROCO:6971's ROC (Joel Greenblatt) % is ranked better than 55.3% of 3065
companies
in the Industrial Products industry
Industry Median: 11.69
vs ROCO:6971: 14.16
Hui Min Environmental Tech (ROCO:6971) 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.
Hui Min Environmental Tech ROC (Joel Greenblatt) % Chart
ROCO:6971 vs VLTO, ZWS, CECO: ROC (Joel Greenblatt) % Comparison
For the Pollution & Treatment Controls subindustry, Hui Min Environmental Tech'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.
Hui Min Environmental Tech ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hui Min Environmental Tech's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hui Min Environmental Tech's ROC (Joel Greenblatt) % falls into.
Hui Min Environmental Tech 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 four times the quarterly (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?
Hui Min Environmental Tech (ROCO:6971) 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 Hui Min Environmental Tech and its competitors. This is 42% below median its historical median of 15.00. Over the past decade, Hui Min Environmental Tech's ROC (Joel Greenblatt) % has ranged from 12.43 to 18.57. According to the industry distribution chart, Hui Min Environmental Tech ranks #1370 out of 3065 companies in the Industrial Products industry, placing it in the top 44.7%.
Is Hui Min Environmental Tech's ROC (Joel Greenblatt) % too high?
Hui Min Environmental Tech's current ROC (Joel Greenblatt) % of 8.65% is 42% below median its 10-year median of 15.00. Over the past 10 years, this metric has ranged from a low of 12.43 to a high of 18.57. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.69. Hui Min Environmental Tech's value of 8.65% is 26% below this industry median. Based on the distribution chart, Hui Min Environmental Tech ranks #1370 out of 3065 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hui Min Environmental Tech has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Hui Min Environmental Tech's ROC (Joel Greenblatt) % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Hui Min Environmental Tech ranks #1370 out of 3065 companies for ROC (Joel Greenblatt) %. This puts Hui Min Environmental Tech in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.69. Hui Min Environmental Tech's value of 8.65% is 26% below this benchmark. Historically, Hui Min Environmental Tech's own ROC (Joel Greenblatt) % has ranged from 12.43 to 18.57 over the past decade. While the company's 10-year median is 15.00 vs. the industry median of 11.69, Hui Min Environmental Tech 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.69, based on 3,065 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. Hui Min Environmental Tech's current ROC (Joel Greenblatt) % of 8.65% is 26% 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 Hui Min Environmental Tech and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hui Min Environmental Tech's current ROC (Joel Greenblatt) % is 8.65%, which is 42% below median its own 10-year median of 15.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hui Min Environmental Tech stock overvalued right now?
Hui Min Environmental Tech (ROCO:6971) has a current ROC (Joel Greenblatt) % of 8.65%. The current ROC (Joel Greenblatt) % is 8.65%, which is 42% below median its 10-year median of 15.00 and 26% below the Industrial Products industry median of 11.69. Hui Min Environmental Tech's overall GF Score™ is 13/100 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 Hui Min Environmental Tech (ROCO:6971), 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.
Hui Min Environmental Tech Corp is an environmental protection engineering construction company. It is engaged in the environmental protection business and provides environmental engineering and related professional and technical services and also includes equipment manufacturing, sales of constructions, and operational maintenance of government contracts.
13GF Score
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