China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) ROC (Joel Greenblatt) %: % (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:600999 China Merchants Securities Asset Management Co.,Ltd SHSE:600999
57 GF Score
Price ¥18.54
GF Value ¥31.09
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is China Merchants Securities Asset Management Co.,Ltd ROC (Joel Greenblatt) %?

China Merchants Securities Asset Management Co.,Ltd SHSE:600999 +0.49% 57 ROC (Joel Greenblatt) % is % as of Jun. 2026. GuruFocus rates SHSE:600999 with a GF Score™ of 57/100 and a GF Value™ of ¥31.09 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 675 Capital Markets companies, China Merchants Securities Asset Management Co.,Ltd ranks worse than 148148% on this metric.

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

SHSE:600999
57GF Score
China Merchants Securities Asset Management Co.,Ltd SHSE:600999
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
What does a ROC (Joel Greenblatt) % of % mean?
China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) has a ROC (Joel Greenblatt) % of % as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on China Merchants Securities Asset Management Co.,Ltd and its competitors. According to the industry distribution chart, China Merchants Securities Asset Management Co.,Ltd ranks #999999 out of 675 companies in the Capital Markets industry.
Is China Merchants Securities Asset Management Co.,Ltd's ROC (Joel Greenblatt) % too high?
China Merchants Securities Asset Management Co.,Ltd's current ROC (Joel Greenblatt) % is %. Based on the distribution chart, China Merchants Securities Asset Management Co.,Ltd ranks #999999 out of 675 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, China Merchants Securities Asset Management Co.,Ltd has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Securities Asset Management Co.,Ltd's ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, China Merchants Securities Asset Management Co.,Ltd ranks #999999 out of 675 companies for ROC (Joel Greenblatt) %. This places China Merchants Securities Asset Management Co.,Ltd in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 36.92. 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 36.92, based on 675 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 China Merchants Securities Asset Management Co.,Ltd and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 36.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Merchants Securities Asset Management Co.,Ltd's current ROC (Joel Greenblatt) % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Securities Asset Management Co.,Ltd stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥31.09, compared to a current price of ¥18.54 — trading 40.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is %. China Merchants Securities Asset Management Co.,Ltd's overall GF Score™ is 57/100 with 3 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 China Merchants Securities Asset Management Co.,Ltd (SHSE:600999), the current ROC (Joel Greenblatt) % is % as of Jun. 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 China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) Overvalued in 2026?

Based on GuruFocus' analysis, China Merchants Securities Asset Management Co.,Ltd stock appears to be undervalued. The current stock price of ¥18.54 is trading 40.4% below its estimated GF Value™ of ¥31.09. GuruFocus considers China Merchants Securities Asset Management Co.,Ltd to be Significantly Undervalued.

Key valuation signals for SHSE:600999:

  • ROC (Joel Greenblatt) %: %
  • GF Value™: ¥31.09 vs. price of ¥18.54 (40.4% below fair value)
  • GF Score™: 57/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600999 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Merchants Securities Asset Management Co.,Ltd Business Description

Other Exchanges 06099:Hong Kong195H:Germany
Address No. 111, Fuhua Yi Road, Futian Street, Futian District, Guangdong Province, Shenzhen, CHN, 518046
China Merchants Securities Asset Management Co.,Ltd is a financial service provider. The company provides services like investment banking, financial advisory, equity underwriting, asset management, investment advisory, and trading equity securities, among others. Its business is divided into four segments: Wealth management and institutional business; Investment banking; Investment management; and Investment and trading. The Wealth management and institutional business segment, which generates key revenue, engages in the trading of stocks and futures contracts on behalf of clients and includes margin financing, securities lending, and selling financial and other wealth management products.
57GF Score

Get the complete analysis for SHSE:600999

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

¥18.54
Price
¥31.09
GF Value