Nanjing Business & Tourism (SHSE:600250) ROC (Joel Greenblatt) %: 54.32% (As of Mar. 2026) — 30% Below Median

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SHSE:600250 Nanjing Business & Tourism Corp Ltd SHSE:600250
47 GF Score
Price ¥8.49
GF Value ¥7.54
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Nanjing Business & Tourism ROC (Joel Greenblatt) %?

Nanjing Business & Tourism SHSE:600250 -0.59% 47 ROC (Joel Greenblatt) % is 54.32% as of Mar. 2026, which is 30% below its 10-year median of 77.75. GuruFocus rates SHSE:600250 with a GF Score™ of 47/100 and a GF Value™ of ¥7.54 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 552 Conglomerates companies, Nanjing Business & Tourism ranks better than 85.33% 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. Nanjing Business & Tourism's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 54.32%.

The historical rank and industry rank for Nanjing Business & Tourism's ROC (Joel Greenblatt) % or its related term are showing as below:

SHSE:600250' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -50.76   Med: 77.75   Max: 466.79
Current: 52.32

During the past 13 years, Nanjing Business & Tourism's highest ROC (Joel Greenblatt) % was 466.79%. The lowest was -50.76%. And the median was 77.75%.

SHSE:600250's ROC (Joel Greenblatt) % is ranked better than
85.33% of 552 companies
in the Conglomerates industry
Industry Median: 14.865 vs SHSE:600250: 52.32

Nanjing Business & Tourism's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Nanjing Business & Tourism  (SHSE:600250) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Nanjing Business & Tourism ROC (Joel Greenblatt) % Related Terms


Nanjing Business & Tourism ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Nanjing Business & Tourism'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.

Nanjing Business & Tourism ROC (Joel Greenblatt) % Chart

Nanjing Business & Tourism Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -50.76 40.41 77.80 80.25 50.74

Nanjing Business & Tourism Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.79 59.20 106.17 -10.29 54.32

SHSE:600250 vs MMM, HON: ROC (Joel Greenblatt) % Comparison

For the Conglomerates subindustry, Nanjing Business & Tourism'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.


Nanjing Business & Tourism ROC (Joel Greenblatt) % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nanjing Business & Tourism's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Nanjing Business & Tourism's ROC (Joel Greenblatt) % falls into.


SHSE:600250
47GF Score
Nanjing Business & Tourism Corp Ltd SHSE:600250
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nanjing Business & Tourism 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(156.322 + 48.024 + 53.187) - (361.314 + 0 + 21.856)
=-125.637

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(149.386 + 46.057 + 51.658) - (295.701 + 0 + 34.518)
=-83.118

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Nanjing Business & Tourism for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=94.772/( ( (176.902 + max(-125.637, 0)) + (172.026 + max(-83.118, 0)) )/ 2 )
=94.772/( ( 176.902 + 172.026 )/ 2 )
=94.772/174.464
=54.32 %

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 54.32% mean?
Nanjing Business & Tourism (SHSE:600250) has a ROC (Joel Greenblatt) % of 54.32% 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 Nanjing Business & Tourism and its competitors. This is 30% below median its historical median of 77.75. According to the industry distribution chart, Nanjing Business & Tourism ranks #81 out of 552 companies in the Conglomerates industry, placing it in the top 14.7%.
Is Nanjing Business & Tourism's ROC (Joel Greenblatt) % too high?
Nanjing Business & Tourism's current ROC (Joel Greenblatt) % of 54.32% is 30% below median its 10-year median of 77.75. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.87. Nanjing Business & Tourism's value of 54.32% is 265.4% above this industry median. Based on the distribution chart, Nanjing Business & Tourism ranks #81 out of 552 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Nanjing Business & Tourism has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Business & Tourism's ROC (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Nanjing Business & Tourism ranks #81 out of 552 companies for ROC (Joel Greenblatt) %. This places Nanjing Business & Tourism in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 14.87. Nanjing Business & Tourism's value of 54.32% is 265.4% above this benchmark. While the company's 10-year median is 77.75 vs. the industry median of 14.87, Nanjing Business & Tourism 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 14.87, based on 552 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. Nanjing Business & Tourism's current ROC (Joel Greenblatt) % of 54.32% is 265.4% 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 Nanjing Business & Tourism and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Business & Tourism's current ROC (Joel Greenblatt) % is 54.32%, which is 30% below median its own 10-year median of 77.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Business & Tourism stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Business & Tourism (SHSE:600250) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.54, compared to a current price of ¥8.49 — trading 12.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 54.32%, which is 30% below median its 10-year median of 77.75 and 265.4% above the Conglomerates industry median of 14.87. Nanjing Business & Tourism's overall GF Score™ is 47/100 with 4 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 Nanjing Business & Tourism (SHSE:600250), the current ROC (Joel Greenblatt) % is 54.32% 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 Nanjing Business & Tourism (SHSE:600250) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Business & Tourism stock appears to be overvalued. The current stock price of ¥8.49 is trading 12.6% above its estimated GF Value™ of ¥7.54. GuruFocus considers Nanjing Business & Tourism to be Modestly Overvalued.

Key valuation signals for SHSE:600250:

  • ROC (Joel Greenblatt) %: 54.32% (30% below median its 10-year median of 77.75)
  • GF Value™: ¥7.54 vs. price of ¥8.49 (12.6% above fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 265.4% above the Conglomerates median (#81 of 552)

No single metric tells the full story. See the SHSE:600250 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanjing Business & Tourism Business Description

Address NO.77 Yunnan North Road, Nanjing, CHN, 210006
Nanjing Business & Tourism Corp Ltd is involved in the fields of textiles and garments, electric and machinery, light industry, chemical industry and others, covering over 1000 merchandise. At the same time, the company also engaged in the overseas labor services and economic and technical cooperation activities.
47GF Score

Get the complete analysis for SHSE:600250

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥8.49
Price
¥7.54
GF Value