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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. China Aluminum International Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 22.50%.
SHSE:601068'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -59.76 Med: 16.42 Max: 61.88
Current: 14.64
During the past 13 years, China Aluminum International Engineering's highest ROC (Joel Greenblatt) % was 61.88%. The lowest was -59.76%. And the median was 16.42%.
SHSE:601068's ROC (Joel Greenblatt) % is ranked worse than 56.61% of 1786
companies
in the Construction industry
Industry Median: 19.475
vs SHSE:601068: 14.64
China Aluminum International Engineering (SHSE:601068) 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.
China Aluminum International Engineering ROC (Joel Greenblatt) % Chart
China Aluminum International Engineering Annual Data
SHSE:601068 vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, China Aluminum International Engineering'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.
China Aluminum International Engineering ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, China Aluminum International Engineering's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Aluminum International Engineering's ROC (Joel Greenblatt) % falls into.
China Aluminum International Engineering 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 (Dec. 2025) 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 22.50% mean?
China Aluminum International Engineering (SHSE:601068) has a ROC (Joel Greenblatt) % of 22.50% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on China Aluminum International Engineering and its competitors. This is 37% above median its historical median of 16.42. According to the industry distribution chart, China Aluminum International Engineering ranks #1011 out of 1786 companies in the Construction industry, placing it in the top 56.6%.
Is China Aluminum International Engineering's ROC (Joel Greenblatt) % too high?
China Aluminum International Engineering's current ROC (Joel Greenblatt) % of 22.50% is 37% above median its 10-year median of 16.42. The Construction industry median ROC (Joel Greenblatt) % is 19.48. China Aluminum International Engineering's value of 22.50% is 15.5% above this industry median. Based on the distribution chart, China Aluminum International Engineering ranks #1011 out of 1786 companies in the Construction industry, which is below the industry midpoint. Overall, China Aluminum International Engineering has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Aluminum International Engineering's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, China Aluminum International Engineering ranks #1011 out of 1786 companies for ROC (Joel Greenblatt) %. This places China Aluminum International Engineering in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.48. China Aluminum International Engineering's value of 22.50% is 15.5% above this benchmark. While the company's 10-year median is 16.42 vs. the industry median of 19.48, China Aluminum International Engineering 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.48, based on 1,786 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. China Aluminum International Engineering's current ROC (Joel Greenblatt) % of 22.50% is 15.5% 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 China Aluminum International Engineering and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Aluminum International Engineering's current ROC (Joel Greenblatt) % is 22.50%, which is 37% above median its own 10-year median of 16.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Aluminum International Engineering stock overvalued right now?
Based on GuruFocus' analysis, China Aluminum International Engineering (SHSE:601068) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.77, compared to a current price of ¥4.44 — trading 6.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 22.50%, which is 37% above median its 10-year median of 16.42 and 15.5% above the Construction industry median of 19.48. China Aluminum International Engineering's overall GF Score™ is 65/100 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 Aluminum International Engineering (SHSE:601068), the current ROC (Joel Greenblatt) % is 22.50% as of Dec. 2025. 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 Aluminum International Engineering (SHSE:601068) Overvalued in 2026?
Based on GuruFocus' analysis, China Aluminum International Engineering stock appears to be undervalued.
The current stock price of ¥4.44 is trading 6.9% below its estimated GF Value™ of ¥4.77.
GuruFocus considers China Aluminum International Engineering to be Fairly Valued.
Key valuation signals for SHSE:601068:
ROC (Joel Greenblatt) %: 22.50% (37% above median its 10-year median of 16.42)
GF Value™: ¥4.77 vs. price of ¥4.44 (6.9% below fair value)
Industry Position: 15.5% above the Construction median (#1011 of 1786)
No single metric tells the full story. See the SHSE:601068 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Aluminum International Engineering Corp Ltd is a technology, engineering service, and equipment provider in the non-ferrous metals industry in China, capable of providing a full range of integrated technology and engineering design and construction services for various businesses in the entire nonferrous metals industry chain. The Company is organized into business units based on products and services with three reportable segments: Design consulting business segment, EPC project general contracting and construction business segment, and The Equipment Manufacturing segment. It earns its revenue from its operations in China.
65GF Score
Get the complete analysis for SHSE:601068
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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