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.
Bros Eastern CoSHSE:601339 -1.75%69 ROC (Joel Greenblatt) % is 19.77% as of Jun. 2026, which is 118% above its 10-year median of 9.08. GuruFocus rates SHSE:601339 with a GF Score™ of 69/100 and a GF Value™ of ¥6.41 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Bros Eastern Co ranks better than 61.77% 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. Bros Eastern Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 19.77%.
The historical rank and industry rank for Bros Eastern Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:601339'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.28 Med: 9.08 Max: 21.46
Current: 12.72
During the past 13 years, Bros Eastern Co's highest ROC (Joel Greenblatt) % was 21.46%. The lowest was 6.28%. And the median was 9.08%.
SHSE:601339's ROC (Joel Greenblatt) % is ranked better than 61.77% of 1062
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.62
vs SHSE:601339: 12.72
Bros Eastern Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.30% per year.
Bros Eastern Co (SHSE:601339) 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.
Bros Eastern Co ROC (Joel Greenblatt) % Related Terms
Bros Eastern Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Bros Eastern 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.
Bros Eastern Co ROC (Joel Greenblatt) % Competitor Comparison
For the Textile Manufacturing subindustry, Bros Eastern 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.
Bros Eastern Co ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bros Eastern Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bros Eastern Co's ROC (Joel Greenblatt) % falls into.
Bros Eastern 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 (Jun. 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 19.77% mean?
Bros Eastern Co (SHSE:601339) has a ROC (Joel Greenblatt) % of 19.77% 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 Bros Eastern Co and its competitors. This is 118% above median its historical median of 9.08. Over the past decade, Bros Eastern Co's ROC (Joel Greenblatt) % has ranged from 6.28 to 21.46. According to the industry distribution chart, Bros Eastern Co ranks #406 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 38.2%.
Is Bros Eastern Co's ROC (Joel Greenblatt) % too high?
Bros Eastern Co's current ROC (Joel Greenblatt) % of 19.77% is 118% above median its 10-year median of 9.08. Over the past 10 years, this metric has ranged from a low of 6.28 to a high of 21.46. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.62. Bros Eastern Co's value of 19.77% is 129.4% above this industry median. Based on the distribution chart, Bros Eastern Co ranks #406 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bros Eastern Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bros Eastern Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bros Eastern Co ranks #406 out of 1062 companies for ROC (Joel Greenblatt) %. This puts Bros Eastern Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.62. Bros Eastern Co's value of 19.77% is 129.4% above this benchmark. Historically, Bros Eastern Co's own ROC (Joel Greenblatt) % has ranged from 6.28 to 21.46 over the past decade. While the company's 10-year median is 9.08 vs. the industry median of 8.62, Bros Eastern 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.62, based on 1,062 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. Bros Eastern Co's current ROC (Joel Greenblatt) % of 19.77% is 129.4% 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 Bros Eastern Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bros Eastern Co's current ROC (Joel Greenblatt) % is 19.77%, which is 118% above median its own 10-year median of 9.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bros Eastern Co stock overvalued right now?
Based on GuruFocus' analysis, Bros Eastern Co (SHSE:601339) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥6.41, compared to a current price of ¥7.86 — trading 22.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 19.77%, which is 118% above median its 10-year median of 9.08 and 129.4% above the Manufacturing - Apparel & Accessories industry median of 8.62. Bros Eastern Co's overall GF Score™ is 69/100 with 4 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 Bros Eastern Co (SHSE:601339), the current ROC (Joel Greenblatt) % is 19.77% 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 Bros Eastern Co (SHSE:601339) Overvalued in 2026?
Based on GuruFocus' analysis, Bros Eastern Co stock appears to be overvalued.
The current stock price of ¥7.86 is trading 22.6% above its estimated GF Value™ of ¥6.41.
GuruFocus considers Bros Eastern Co to be Modestly Overvalued.
Key valuation signals for SHSE:601339:
ROC (Joel Greenblatt) %: 19.77% (118% above median its 10-year median of 9.08)
GF Value™: ¥6.41 vs. price of ¥7.86 (22.6% above fair value)
Industry Position: 129.4% above the Manufacturing - Apparel & Accessories median (#406 of 1062)
No single metric tells the full story. See the SHSE:601339 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bros Eastern Co Ltd operates in the textile industry. The company is specialized in research and development, manufacturing and marketing of top-dyed melange yarn. Its products are categories into classical series, neo yarn series, and trend colors.
69GF Score
Get the complete analysis for SHSE:601339
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:601339 has been successfully added to your 
