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Shanghai Industrial HoldingsSGHIF 48 ROC (Joel Greenblatt) % is 17.56% as of Dec. 2025, which is 54% below its 10-year median of 38.37. GuruFocus rates SGHIF with a GF Score™ of 48/100 and a GF Value™ of $1.00 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 562 Conglomerates companies, Shanghai Industrial Holdings ranks better than 55.52% 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. Shanghai Industrial Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 17.56%.
The historical rank and industry rank for Shanghai Industrial Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
SGHIF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.75 Med: 38.37 Max: 64.89
Current: 17.75
During the past 13 years, Shanghai Industrial Holdings's highest ROC (Joel Greenblatt) % was 64.89%. The lowest was 17.75%. And the median was 38.37%.
SGHIF's ROC (Joel Greenblatt) % is ranked better than 55.52% of 562
companies
in the Conglomerates industry
Industry Median: 14.68
vs SGHIF: 17.75
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.
SGHIF vs HON, MMM: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Shanghai Industrial 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.
Shanghai Industrial Holdings ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Shanghai Industrial Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shanghai Industrial Holdings's ROC (Joel Greenblatt) % falls into.
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 17.56% mean?
Shanghai Industrial Holdings (SGHIF) has a ROC (Joel Greenblatt) % of 17.56% 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 Shanghai Industrial Holdings and its competitors. This is 54% below median its historical median of 38.37. Over the past decade, Shanghai Industrial Holdings' ROC (Joel Greenblatt) % has ranged from 17.75 to 64.89. According to the industry distribution chart, Shanghai Industrial Holdings ranks #250 out of 562 companies in the Conglomerates industry, placing it in the top 44.5%.
Is Shanghai Industrial Holdings' ROC (Joel Greenblatt) % too high?
Shanghai Industrial Holdings' current ROC (Joel Greenblatt) % of 17.56% is 54% below median its 10-year median of 38.37. Over the past 10 years, this metric has ranged from a low of 17.75 to a high of 64.89. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.68. Shanghai Industrial Holdings' value of 17.56% is 19.6% above this industry median. Based on the distribution chart, Shanghai Industrial Holdings ranks #250 out of 562 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Shanghai Industrial Holdings has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Industrial Holdings' ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Shanghai Industrial Holdings ranks #250 out of 562 companies for ROC (Joel Greenblatt) %. This puts Shanghai Industrial Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.68. Shanghai Industrial Holdings' value of 17.56% is 19.6% above this benchmark. Historically, Shanghai Industrial Holdings' own ROC (Joel Greenblatt) % has ranged from 17.75 to 64.89 over the past decade. While the company's 10-year median is 38.37 vs. the industry median of 14.68, Shanghai Industrial Holdings 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.68, based on 562 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. Shanghai Industrial Holdings's current ROC (Joel Greenblatt) % of 17.56% is 19.6% 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 Shanghai Industrial Holdings and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Industrial Holdings's current ROC (Joel Greenblatt) % is 17.56%, which is 54% below median its own 10-year median of 38.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Industrial Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Industrial Holdings (SGHIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.00, compared to a current price of $1.46 — trading 46% above its estimated fair value. The current ROC (Joel Greenblatt) % is 17.56%, which is 54% below median its 10-year median of 38.37 and 19.6% above the Conglomerates industry median of 14.68. Shanghai Industrial Holdings' overall GF Score™ is 48/100 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 Shanghai Industrial Holdings (SGHIF), the current ROC (Joel Greenblatt) % is 17.56% 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 Shanghai Industrial Holdings (SGHIF) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Industrial Holdings stock appears to be overvalued.
The current stock price of $1.46 is trading 46% above its estimated GF Value™ of $1.00.
GuruFocus considers Shanghai Industrial Holdings to be Significantly Overvalued.
Key valuation signals for SGHIF:
ROC (Joel Greenblatt) %: 17.56% (54% below median its 10-year median of 38.37)
GF Value™: $1.00 vs. price of $1.46 (46% above fair value)
Industry Position: 19.6% above the Conglomerates median (#250 of 562)
No single metric tells the full story. See the SGHIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Industrial Holdings Ltd is engaged in the real estate sector. It operates in four segments Infrastructure and environmental protection which includes investment in toll road/bridge projects and water services/clean energy businesses, Real estate which includes property development and investment and hotel operation, Consumer products which includes manufacture and sale of cigarettes, packaging materials, and printed products, Comprehensive healthcare operations which includes manufacture and sales of pharmaceutical and healthcare products, provision of distribution and supply chain solutions services and operation and franchise of a network of retail pharmacies Its geographical segments are China, Asia, Hong Kong, and others, of which the majority of its revenue comes from China.
48GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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