Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hunan Tyen Machinery CoSHSE:600698 -0.30%58 ROC (Joel Greenblatt) % is 2.51% as of Mar. 2026, which is 31% above its 10-year median of 1.92. GuruFocus rates SHSE:600698 with a GF Score™ of 58/100 and a GF Value™ of ¥7.18 (Fairly Valued). The stock has 2 warning signs investors should review. Among 3,064 Industrial Products companies, Hunan Tyen Machinery Co ranks worse than 84.76% 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. Hunan Tyen Machinery Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.51%.
The historical rank and industry rank for Hunan Tyen Machinery Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:600698'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -40.09 Med: 1.92 Max: 9.97
Current: -10.06
During the past 13 years, Hunan Tyen Machinery Co's highest ROC (Joel Greenblatt) % was 9.97%. The lowest was -40.09%. And the median was 1.92%.
SHSE:600698's ROC (Joel Greenblatt) % is ranked worse than 84.76% of 3064
companies
in the Industrial Products industry
Industry Median: 11.605
vs SHSE:600698: -10.06
Hunan Tyen Machinery Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Hunan Tyen Machinery Co (SHSE:600698) 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.
Hunan Tyen Machinery Co ROC (Joel Greenblatt) % Related Terms
Hunan Tyen Machinery Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Hunan Tyen Machinery 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.
Hunan Tyen Machinery Co ROC (Joel Greenblatt) % Chart
SHSE:600698 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Hunan Tyen Machinery 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.
Hunan Tyen Machinery Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hunan Tyen Machinery Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hunan Tyen Machinery Co's ROC (Joel Greenblatt) % falls into.
Hunan Tyen Machinery 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 2.51% mean?
Hunan Tyen Machinery Co (SHSE:600698) has a ROC (Joel Greenblatt) % of 2.51% 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 Hunan Tyen Machinery Co and its competitors. This is 31% above median its historical median of 1.92. According to the industry distribution chart, Hunan Tyen Machinery Co ranks #2597 out of 3064 companies in the Industrial Products industry, placing it in the top 84.8%.
Is Hunan Tyen Machinery Co's ROC (Joel Greenblatt) % too high?
Hunan Tyen Machinery Co's current ROC (Joel Greenblatt) % of 2.51% is 31% above median its 10-year median of 1.92. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.61. Hunan Tyen Machinery Co's value of 2.51% is 78.4% below this industry median. Based on the distribution chart, Hunan Tyen Machinery Co ranks #2597 out of 3064 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hunan Tyen Machinery Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hunan Tyen Machinery Co's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hunan Tyen Machinery Co ranks #2597 out of 3064 companies for ROC (Joel Greenblatt) %. This places Hunan Tyen Machinery Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.61. Hunan Tyen Machinery Co's value of 2.51% is 78.4% below this benchmark. While the company's 10-year median is 1.92 vs. the industry median of 11.61, Hunan Tyen Machinery 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.61, based on 3,064 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. Hunan Tyen Machinery Co's current ROC (Joel Greenblatt) % of 2.51% is 78.4% 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 Hunan Tyen Machinery Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunan Tyen Machinery Co's current ROC (Joel Greenblatt) % is 2.51%, which is 31% above median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunan Tyen Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Hunan Tyen Machinery Co (SHSE:600698) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.18, compared to a current price of ¥6.65 — trading 7.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 2.51%, which is 31% above median its 10-year median of 1.92 and 78.4% below the Industrial Products industry median of 11.61. Hunan Tyen Machinery Co's overall GF Score™ is 58/100 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 Hunan Tyen Machinery Co (SHSE:600698), the current ROC (Joel Greenblatt) % is 2.51% 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 Hunan Tyen Machinery Co (SHSE:600698) Overvalued in 2026?
Based on GuruFocus' analysis, Hunan Tyen Machinery Co stock appears to be undervalued.
The current stock price of ¥6.65 is trading 7.4% below its estimated GF Value™ of ¥7.18.
GuruFocus considers Hunan Tyen Machinery Co to be Fairly Valued.
Key valuation signals for SHSE:600698:
ROC (Joel Greenblatt) %: 2.51% (31% above median its 10-year median of 1.92)
GF Value™: ¥7.18 vs. price of ¥6.65 (7.4% below fair value)
Industry Position: 78.4% below the Industrial Products median (#2597 of 3064)
No single metric tells the full story. See the SHSE:600698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hunan Tyen Machinery Co Ltd is engaged in research and development, production and sales of engine components such as exhaust turbochargers, engine valves, and cooling fans. The company is also engaged in design, development, production and sales of superchargers, piston rings, cooling fans, thermostats, valves and other engine parts.
58GF Score
Get the complete analysis for SHSE:600698
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600698 has been successfully added to your 
