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Xiamen International Airport CoSHSE:600897 -0.54%86 ROC (Joel Greenblatt) % is 30.87% as of Mar. 2026, which is 53% above its 10-year median of 20.22. GuruFocus rates SHSE:600897 with a GF Score™ of 86/100 and a GF Value™ of ¥16.24 (Modestly Undervalued). Among 998 Transportation companies, Xiamen International Airport Co ranks better than 85.37% 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. Xiamen International Airport Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 30.87%.
The historical rank and industry rank for Xiamen International Airport Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:600897'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.44 Med: 20.22 Max: 34.24
Current: 34.19
During the past 13 years, Xiamen International Airport Co's highest ROC (Joel Greenblatt) % was 34.24%. The lowest was 2.44%. And the median was 20.22%.
SHSE:600897's ROC (Joel Greenblatt) % is ranked better than 85.37% of 998
companies
in the Transportation industry
Industry Median: 11.68
vs SHSE:600897: 34.19
Xiamen International Airport Co (SHSE:600897) 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.
* 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.
Xiamen International Airport Co ROC (Joel Greenblatt) % Chart
SHSE:600897 vs JOBY, CAAP: ROC (Joel Greenblatt) % Comparison
For the Airports & Air Services subindustry, Xiamen International Airport 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.
Xiamen International Airport Co ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Xiamen International Airport Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Xiamen International Airport Co's ROC (Joel Greenblatt) % falls into.
Xiamen International Airport 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 30.87% mean?
Xiamen International Airport Co (SHSE:600897) has a ROC (Joel Greenblatt) % of 30.87% 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 Xiamen International Airport Co and its competitors. This is 53% above median its historical median of 20.22. Over the past decade, Xiamen International Airport Co's ROC (Joel Greenblatt) % has ranged from 2.44 to 34.24. According to the industry distribution chart, Xiamen International Airport Co ranks #146 out of 998 companies in the Transportation industry, placing it in the top 14.6%.
Is Xiamen International Airport Co's ROC (Joel Greenblatt) % too high?
Xiamen International Airport Co's current ROC (Joel Greenblatt) % of 30.87% is 53% above median its 10-year median of 20.22. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 34.24. The Transportation industry median ROC (Joel Greenblatt) % is 11.68. Xiamen International Airport Co's value of 30.87% is 164.3% above this industry median. Based on the distribution chart, Xiamen International Airport Co ranks #146 out of 998 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Xiamen International Airport Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xiamen International Airport Co's ROC (Joel Greenblatt) % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Xiamen International Airport Co ranks #146 out of 998 companies for ROC (Joel Greenblatt) %. This places Xiamen International Airport Co in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.68. Xiamen International Airport Co's value of 30.87% is 164.3% above this benchmark. Historically, Xiamen International Airport Co's own ROC (Joel Greenblatt) % has ranged from 2.44 to 34.24 over the past decade. While the company's 10-year median is 20.22 vs. the industry median of 11.68, Xiamen International Airport 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.68, based on 998 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. Xiamen International Airport Co's current ROC (Joel Greenblatt) % of 30.87% is 164.3% 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 Xiamen International Airport Co and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xiamen International Airport Co's current ROC (Joel Greenblatt) % is 30.87%, which is 53% above median its own 10-year median of 20.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen International Airport Co (SHSE:600897) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.24, compared to a current price of ¥14.63 — trading 9.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 30.87%, which is 53% above median its 10-year median of 20.22 and 164.3% above the Transportation industry median of 11.68. Xiamen International Airport Co's overall GF Score™ is 86/100. 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 Xiamen International Airport Co (SHSE:600897), the current ROC (Joel Greenblatt) % is 30.87% 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 Xiamen International Airport Co (SHSE:600897) Overvalued in 2026?
Based on GuruFocus' analysis, Xiamen International Airport Co stock appears to be undervalued.
The current stock price of ¥14.63 is trading 9.9% below its estimated GF Value™ of ¥16.24.
GuruFocus considers Xiamen International Airport Co to be Modestly Undervalued.
Key valuation signals for SHSE:600897:
ROC (Joel Greenblatt) %: 30.87% (53% above median its 10-year median of 20.22)
GF Value™: ¥16.24 vs. price of ¥14.63 (9.9% below fair value)
Industry Position: 164.3% above the Transportation median (#146 of 998)
No single metric tells the full story. See the SHSE:600897 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xiamen International Airport Co Ltd is principally engaged in ground services of civil and international flights and passengers. The company is also involved in commercial property leasing services, advertising, cargo station and mechanical services.
86GF Score
Get the complete analysis for SHSE:600897
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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