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Liying Environmental Protection Technology CoROCO:7820 -0.83%20 ROC (Joel Greenblatt) % is 20.08% as of Jun. 2026, which is 96% above its 10-year median of 10.27. GuruFocus rates ROCO:7820 with a GF Score™ of 20/100. Among 247 Waste Management companies, Liying Environmental Protection Technology Co ranks better than 52.63% 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. Liying Environmental Protection Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 20.08%.
ROCO:7820's ROC (Joel Greenblatt) % is ranked better than 52.63% of 247
companies
in the Waste Management industry
Industry Median: 11.47
vs ROCO:7820: 12.11
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.
Liying Environmental Protection Technology Co ROC (Joel Greenblatt) % Chart
Liying Environmental Protection Technology Co Annual Data
ROCO:7820 vs WM, RSG, WCN: ROC (Joel Greenblatt) % Comparison
For the Waste Management subindustry, Liying Environmental Protection Technology Co'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.
Liying Environmental Protection Technology Co ROC (Joel Greenblatt) % vs Waste Management Industry
Liying Environmental Protection Technology Co 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 (Jun. 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 20.08% mean?
Liying Environmental Protection Technology Co (ROCO:7820) has a ROC (Joel Greenblatt) % of 20.08% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Liying Environmental Protection Technology Co and its competitors. This is 96% above median its historical median of 10.27. Over the past decade, Liying Environmental Protection Technology Co's ROC (Joel Greenblatt) % has ranged from 6.57 to 15.93. According to the industry distribution chart, Liying Environmental Protection Technology Co ranks #117 out of 247 companies in the Waste Management industry, placing it in the top 47.4%.
Is Liying Environmental Protection Technology Co's ROC (Joel Greenblatt) % too high?
Liying Environmental Protection Technology Co's current ROC (Joel Greenblatt) % of 20.08% is 96% above median its 10-year median of 10.27. Over the past 10 years, this metric has ranged from a low of 6.57 to a high of 15.93. The Waste Management industry median ROC (Joel Greenblatt) % is 11.47. Liying Environmental Protection Technology Co's value of 20.08% is 75.1% above this industry median. Based on the distribution chart, Liying Environmental Protection Technology Co ranks #117 out of 247 companies in the Waste Management industry, which is above the industry midpoint. Overall, Liying Environmental Protection Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Liying Environmental Protection Technology Co's ROC (Joel Greenblatt) % compare to WM and RSG?
According to the Waste Management industry distribution chart, Liying Environmental Protection Technology Co ranks #117 out of 247 companies for ROC (Joel Greenblatt) %. This puts Liying Environmental Protection Technology Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.47. Liying Environmental Protection Technology Co's value of 20.08% is 75.1% above this benchmark. Historically, Liying Environmental Protection Technology Co's own ROC (Joel Greenblatt) % has ranged from 6.57 to 15.93 over the past decade. While the company's 10-year median is 10.27 vs. the industry median of 11.47, Liying Environmental Protection Technology Co 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 Waste Management company?
The median ROC (Joel Greenblatt) % among Waste Management companies is 11.47, based on 247 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. Liying Environmental Protection Technology Co's current ROC (Joel Greenblatt) % of 20.08% is 75.1% 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 Liying Environmental Protection Technology Co and its competitors. For the Waste Management industry, the median ROC (Joel Greenblatt) % is 11.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liying Environmental Protection Technology Co's current ROC (Joel Greenblatt) % is 20.08%, which is 96% above median its own 10-year median of 10.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liying Environmental Protection Technology Co stock overvalued right now?
Liying Environmental Protection Technology Co (ROCO:7820) has a current ROC (Joel Greenblatt) % of 20.08%. The current ROC (Joel Greenblatt) % is 20.08%, which is 96% above median its 10-year median of 10.27 and 75.1% above the Waste Management industry median of 11.47. Liying Environmental Protection Technology Co's overall GF Score™ is 20/100. 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 Liying Environmental Protection Technology Co (ROCO:7820), the current ROC (Joel Greenblatt) % is 20.08% as of Jun. 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.
Liying Environmental Protection Technology Co Ltd is engaged in Waste hydrofluoric acid and calcium fluoride sludge recycling technology services and artificial fluorite. The group receives and processes industrial waste calcium fluoride sludge from domestic semiconductor, panel, and solar cell companies monthly to produce artificial fluorite, a raw material necessary for steelmaking, through reuse processes.
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