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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. Sun-Create Electronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -8.62%.
The historical rank and industry rank for Sun-Create Electronics Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:600990'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -19.77 Med: 15 Max: 67.34
Current: -11.82
During the past 13 years, Sun-Create Electronics Co's highest ROC (Joel Greenblatt) % was 67.34%. The lowest was -19.77%. And the median was 15.00%.
SHSE:600990's ROC (Joel Greenblatt) % is ranked worse than 79.01% of 2492
companies
in the Hardware industry
Industry Median: 10.475
vs SHSE:600990: -11.82
Sun-Create Electronics Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Sun-Create Electronics Co (SHSE:600990) 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.
Sun-Create Electronics Co ROC (Joel Greenblatt) % Related Terms
Sun-Create Electronics Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Sun-Create Electronics 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.
Sun-Create Electronics Co ROC (Joel Greenblatt) % Chart
SHSE:600990 vs CSCO, MSI, HPE: ROC (Joel Greenblatt) % Comparison
For the Communication Equipment subindustry, Sun-Create Electronics 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.
Sun-Create Electronics Co ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Sun-Create Electronics Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sun-Create Electronics Co's ROC (Joel Greenblatt) % falls into.
Sun-Create Electronics 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 -8.62% mean?
Sun-Create Electronics Co (SHSE:600990) has a ROC (Joel Greenblatt) % of -8.62% 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 Sun-Create Electronics Co and its competitors. According to the industry distribution chart, Sun-Create Electronics Co ranks #1969 out of 2492 companies in the Hardware industry, placing it in the top 79%.
Is Sun-Create Electronics Co's ROC (Joel Greenblatt) % too high?
Sun-Create Electronics Co's current ROC (Joel Greenblatt) % is -8.62%. Based on the distribution chart, Sun-Create Electronics Co ranks #1969 out of 2492 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Sun-Create Electronics Co has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sun-Create Electronics Co's ROC (Joel Greenblatt) % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Sun-Create Electronics Co ranks #1969 out of 2492 companies for ROC (Joel Greenblatt) %. This places Sun-Create Electronics Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.48. 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 10.48, 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. 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 Sun-Create Electronics Co and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun-Create Electronics Co's current ROC (Joel Greenblatt) % is -8.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun-Create Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Sun-Create Electronics Co (SHSE:600990) is currently considered Fairly Valued. The stock's GF Value™ is ¥19.87, compared to a current price of ¥18.60 — trading 6.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is -8.62%. Sun-Create Electronics Co's overall GF Score™ is 54/100 with 6 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 Sun-Create Electronics Co (SHSE:600990), the current ROC (Joel Greenblatt) % is -8.62% 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 Sun-Create Electronics Co (SHSE:600990) Overvalued in 2026?
Based on GuruFocus' analysis, Sun-Create Electronics Co stock appears to be undervalued.
The current stock price of ¥18.60 is trading 6.4% below its estimated GF Value™ of ¥19.87.
GuruFocus considers Sun-Create Electronics Co to be Fairly Valued.
Key valuation signals for SHSE:600990:
ROC (Joel Greenblatt) %: -8.62%
GF Value™: ¥19.87 vs. price of ¥18.60 (6.4% below fair value)
No single metric tells the full story. See the SHSE:600990 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sun-Create Electronics Co Ltd is engaged in the design, manufacturing, installation, and sale of electronic and communication equipment. Its business activities include radar systems and related products, satellite television broadcasting ground receiving equipment, integrated circuits, broadcast television and microwave communication products, and electronic system engineering services. The company operates across the military-civilian integration radar industry, smart industry, and energy industry.
54GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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