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Ningbo Bird CoSHSE:600130 +2.52%68 ROC (Joel Greenblatt) % is 7.44% as of Mar. 2026, which is 56% below its 10-year median of 16.82. GuruFocus rates SHSE:600130 with a GF Score™ of 68/100 and a GF Value™ of ¥4.70 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,492 Hardware companies, Ningbo Bird Co ranks worse than 50.2% 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. Ningbo Bird Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.44%.
The historical rank and industry rank for Ningbo Bird Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:600130'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -33.63 Med: 16.82 Max: 29.23
Current: 10.41
During the past 13 years, Ningbo Bird Co's highest ROC (Joel Greenblatt) % was 29.23%. The lowest was -33.63%. And the median was 16.82%.
SHSE:600130's ROC (Joel Greenblatt) % is ranked worse than 50.2% of 2492
companies
in the Hardware industry
Industry Median: 10.46
vs SHSE:600130: 10.41
Ningbo Bird Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.30% per year.
Ningbo Bird Co (SHSE:600130) 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.
Ningbo Bird Co ROC (Joel Greenblatt) % Related Terms
Ningbo Bird Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Ningbo Bird 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:600130 vs CSCO, MSI, HPE: ROC (Joel Greenblatt) % Comparison
For the Communication Equipment subindustry, Ningbo Bird 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.
Ningbo Bird Co ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Ningbo Bird Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ningbo Bird Co's ROC (Joel Greenblatt) % falls into.
Ningbo Bird 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 (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 7.44% mean?
Ningbo Bird Co (SHSE:600130) has a ROC (Joel Greenblatt) % of 7.44% 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 Ningbo Bird Co and its competitors. This is 56% below median its historical median of 16.82. According to the industry distribution chart, Ningbo Bird Co ranks #1251 out of 2492 companies in the Hardware industry, placing it in the top 50.2%.
Is Ningbo Bird Co's ROC (Joel Greenblatt) % too high?
Ningbo Bird Co's current ROC (Joel Greenblatt) % of 7.44% is 56% below median its 10-year median of 16.82. The Hardware industry median ROC (Joel Greenblatt) % is 10.46. Ningbo Bird Co's value of 7.44% is 28.9% below this industry median. Based on the distribution chart, Ningbo Bird Co ranks #1251 out of 2492 companies in the Hardware industry, which is below the industry midpoint. Overall, Ningbo Bird Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Bird Co's ROC (Joel Greenblatt) % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Ningbo Bird Co ranks #1251 out of 2492 companies for ROC (Joel Greenblatt) %. This places Ningbo Bird Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.46. Ningbo Bird Co's value of 7.44% is 28.9% below this benchmark. While the company's 10-year median is 16.82 vs. the industry median of 10.46, Ningbo Bird Co 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 a Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.46, based on 2,492 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. Ningbo Bird Co's current ROC (Joel Greenblatt) % of 7.44% is 28.9% 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 Ningbo Bird Co and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Bird Co's current ROC (Joel Greenblatt) % is 7.44%, which is 56% below median its own 10-year median of 16.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Bird Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Bird Co (SHSE:600130) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.70, compared to a current price of ¥4.48 — trading 4.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.44%, which is 56% below median its 10-year median of 16.82 and 28.9% below the Hardware industry median of 10.46. Ningbo Bird Co's overall GF Score™ is 68/100 with 2 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 Ningbo Bird Co (SHSE:600130), the current ROC (Joel Greenblatt) % is 7.44% 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 Ningbo Bird Co (SHSE:600130) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Bird Co stock appears to be undervalued.
The current stock price of ¥4.48 is trading 4.7% below its estimated GF Value™ of ¥4.70.
GuruFocus considers Ningbo Bird Co to be Fairly Valued.
Key valuation signals for SHSE:600130:
ROC (Joel Greenblatt) %: 7.44% (56% below median its 10-year median of 16.82)
GF Value™: ¥4.70 vs. price of ¥4.48 (4.7% below fair value)
Industry Position: 28.9% below the Hardware median (#1251 of 2492)
No single metric tells the full story. See the SHSE:600130 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Bird Co Ltd is engaged in producing and selling mobile phones, palm computers, and system equipment in China. It offers Android, bar, qwerty, and clamshell phones; and tablets. The company also exports its products to various countries, including France, Italy, other Europe countries, Russia, India, Mexico, Brazil, and other countries.
68GF Score
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