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Lingyun IndustrialSHSE:600480 68 ROC (Joel Greenblatt) % is 19.67% as of Mar. 2026, which is 11% below its 10-year median of 22.02. GuruFocus rates SHSE:600480 with a GF Score™ of 68/100 and a GF Value™ of ¥9.25 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,329 Vehicles & Parts companies, Lingyun Industrial ranks better than 74.79% 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. Lingyun Industrial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.67%.
The historical rank and industry rank for Lingyun Industrial's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:600480'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.54 Med: 22.02 Max: 29.53
Current: 22.8
During the past 13 years, Lingyun Industrial's highest ROC (Joel Greenblatt) % was 29.53%. The lowest was 8.54%. And the median was 22.02%.
SHSE:600480's ROC (Joel Greenblatt) % is ranked better than 74.79% of 1329
companies
in the Vehicles & Parts industry
Industry Median: 12.08
vs SHSE:600480: 22.80
Lingyun Industrial's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.90% per year.
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.
Lingyun Industrial ROC (Joel Greenblatt) % Related Terms
Lingyun Industrial ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Lingyun Industrial'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:600480 vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Lingyun Industrial'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.
Lingyun Industrial ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Lingyun Industrial's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Lingyun Industrial'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 19.67% mean?
Lingyun Industrial (SHSE:600480) has a ROC (Joel Greenblatt) % of 19.67% 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 Lingyun Industrial and its competitors. This is 11% below median its historical median of 22.02. Over the past decade, Lingyun Industrial's ROC (Joel Greenblatt) % has ranged from 8.54 to 29.53. According to the industry distribution chart, Lingyun Industrial ranks #335 out of 1329 companies in the Vehicles & Parts industry, placing it in the top 25.2%.
Is Lingyun Industrial's ROC (Joel Greenblatt) % too high?
Lingyun Industrial's current ROC (Joel Greenblatt) % of 19.67% is 11% below median its 10-year median of 22.02. Over the past 10 years, this metric has ranged from a low of 8.54 to a high of 29.53. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.08. Lingyun Industrial's value of 19.67% is 62.8% above this industry median. Based on the distribution chart, Lingyun Industrial ranks #335 out of 1329 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Lingyun Industrial has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lingyun Industrial's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Lingyun Industrial ranks #335 out of 1329 companies for ROC (Joel Greenblatt) %. This puts Lingyun Industrial in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.08. Lingyun Industrial's value of 19.67% is 62.8% above this benchmark. Historically, Lingyun Industrial's own ROC (Joel Greenblatt) % has ranged from 8.54 to 29.53 over the past decade. While the company's 10-year median is 22.02 vs. the industry median of 12.08, Lingyun Industrial 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.08, based on 1,329 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. Lingyun Industrial's current ROC (Joel Greenblatt) % of 19.67% is 62.8% 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 Lingyun Industrial and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lingyun Industrial's current ROC (Joel Greenblatt) % is 19.67%, which is 11% below median its own 10-year median of 22.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lingyun Industrial stock overvalued right now?
Based on GuruFocus' analysis, Lingyun Industrial (SHSE:600480) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.25, compared to a current price of ¥8.68 — trading 6.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 19.67%, which is 11% below median its 10-year median of 22.02 and 62.8% above the Vehicles & Parts industry median of 12.08. Lingyun Industrial'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 Lingyun Industrial (SHSE:600480), the current ROC (Joel Greenblatt) % is 19.67% 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 Lingyun Industrial (SHSE:600480) Overvalued in 2026?
Based on GuruFocus' analysis, Lingyun Industrial stock appears to be undervalued.
The current stock price of ¥8.68 is trading 6.2% below its estimated GF Value™ of ¥9.25.
GuruFocus considers Lingyun Industrial to be Fairly Valued.
Key valuation signals for SHSE:600480:
ROC (Joel Greenblatt) %: 19.67% (11% below median its 10-year median of 22.02)
GF Value™: ¥9.25 vs. price of ¥8.68 (6.2% below fair value)
Industry Position: 62.8% above the Vehicles & Parts median (#335 of 1329)
No single metric tells the full story. See the SHSE:600480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lingyun Industrial Corp Ltd is a China-based company engaged in the production and distribution of metal auto parts, plastic auto parts, and PE pipe system. The company's main products include Battery case, Injection welding pipe fittings, Pipe products, Electric heating pipe fittings, PP winding tube, Decorative seal, Car decoration and Car rubber and nylon pipe.
68GF Score
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