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Yutong Bus CoSHSE:600066 +1.58%93 ROC (Joel Greenblatt) % is 75.19% as of Mar. 2026, which is 91% above its 10-year median of 39.33. GuruFocus rates SHSE:600066 with a GF Score™ of 93/100 and a GF Value™ of ¥31.10 (Fairly Valued). Among 209 Farm & Heavy Construction Machinery companies, Yutong Bus Co ranks better than 97.61% 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. Yutong Bus Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 75.19%.
The historical rank and industry rank for Yutong Bus Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:600066'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.97 Med: 39.33 Max: 149.81
Current: 147.29
During the past 13 years, Yutong Bus Co's highest ROC (Joel Greenblatt) % was 149.81%. The lowest was 5.97%. And the median was 39.33%.
SHSE:600066's ROC (Joel Greenblatt) % is ranked better than 97.61% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 13.24
vs SHSE:600066: 147.29
Yutong Bus Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 99.80% per year.
Yutong Bus Co (SHSE:600066) 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.
Yutong Bus Co ROC (Joel Greenblatt) % Related Terms
Yutong Bus Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Yutong Bus Co'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.
SHSE:600066 vs CAT, DE, PCAR: ROC (Joel Greenblatt) % Comparison
For the Farm & Heavy Construction Machinery subindustry, Yutong Bus 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.
Yutong Bus Co ROC (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Bus Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Yutong Bus Co'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 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 75.19% mean?
Yutong Bus Co (SHSE:600066) has a ROC (Joel Greenblatt) % of 75.19% 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 Yutong Bus Co and its competitors. This is 91% above median its historical median of 39.33. Over the past decade, Yutong Bus Co's ROC (Joel Greenblatt) % has ranged from 5.97 to 149.81. According to the industry distribution chart, Yutong Bus Co ranks #5 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 2.4%.
Is Yutong Bus Co's ROC (Joel Greenblatt) % too high?
Yutong Bus Co's current ROC (Joel Greenblatt) % of 75.19% is 91% above median its 10-year median of 39.33. Over the past 10 years, this metric has ranged from a low of 5.97 to a high of 149.81. The Farm & Heavy Construction Machinery industry median ROC (Joel Greenblatt) % is 13.24. Yutong Bus Co's value of 75.19% is 467.9% above this industry median. Based on the distribution chart, Yutong Bus Co ranks #5 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Yutong Bus Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yutong Bus Co's ROC (Joel Greenblatt) % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Yutong Bus Co ranks #5 out of 209 companies for ROC (Joel Greenblatt) %. This places Yutong Bus Co in the top 2% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.24. Yutong Bus Co's value of 75.19% is 467.9% above this benchmark. Historically, Yutong Bus Co's own ROC (Joel Greenblatt) % has ranged from 5.97 to 149.81 over the past decade. While the company's 10-year median is 39.33 vs. the industry median of 13.24, Yutong Bus 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 Farm & Heavy Construction Machinery company?
The median ROC (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 13.24, based on 209 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. Yutong Bus Co's current ROC (Joel Greenblatt) % of 75.19% is 467.9% 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 Yutong Bus Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROC (Joel Greenblatt) % is 13.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yutong Bus Co's current ROC (Joel Greenblatt) % is 75.19%, which is 91% above median its own 10-year median of 39.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yutong Bus Co stock overvalued right now?
Based on GuruFocus' analysis, Yutong Bus Co (SHSE:600066) is currently considered Fairly Valued. The stock's GF Value™ is ¥31.10, compared to a current price of ¥32.16 — trading 3.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 75.19%, which is 91% above median its 10-year median of 39.33 and 467.9% above the Farm & Heavy Construction Machinery industry median of 13.24. Yutong Bus Co's overall GF Score™ is 93/100. 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 Yutong Bus Co (SHSE:600066), the current ROC (Joel Greenblatt) % is 75.19% 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 Yutong Bus Co (SHSE:600066) Overvalued in 2026?
Based on GuruFocus' analysis, Yutong Bus Co stock appears to be overvalued.
The current stock price of ¥32.16 is trading 3.4% above its estimated GF Value™ of ¥31.10.
GuruFocus considers Yutong Bus Co to be Fairly Valued.
Key valuation signals for SHSE:600066:
ROC (Joel Greenblatt) %: 75.19% (91% above median its 10-year median of 39.33)
GF Value™: ¥31.10 vs. price of ¥32.16 (3.4% above fair value)
Industry Position: 467.9% above the Farm & Heavy Construction Machinery median (#5 of 209)
No single metric tells the full story. See the SHSE:600066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yutong Bus Co Ltd engages in the manufacture and sale of buses and related products. The company operates its business through four main segments. The Bus Manufacturing segment focuses on producing and selling large, medium, and light buses, which include passenger buses, city buses, school buses, and various types of new energy vehicles such as pure electric, plug-in hybrid, and fuel cell models. The Foreign Trade segment handles both domestic and international sales and distribution of buses and new energy vehicles. The Passenger Transportation segment covers services such as group rentals, short-distance and highway travel, tourism transport, bus operations, employee commuting, and school transportation. The Other segment is responsible for providing after-sales support and services.
93GF Score
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