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Shanghai Huafon AluminiumSHSE:601702 +0.70%87 ROC (Joel Greenblatt) % is 18.94% as of Mar. 2026, which is 6% below its 10-year median of 20.20. GuruFocus rates SHSE:601702 with a GF Score™ of 87/100 and a GF Value™ of ¥23.16 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,502 Metals & Mining companies, Shanghai Huafon Aluminium ranks better than 87.93% 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. Shanghai Huafon Aluminium's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.94%.
The historical rank and industry rank for Shanghai Huafon Aluminium's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:601702'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.4 Med: 20.2 Max: 29.04
Current: 23.72
During the past 11 years, Shanghai Huafon Aluminium's highest ROC (Joel Greenblatt) % was 29.04%. The lowest was 9.40%. And the median was 20.20%.
SHSE:601702's ROC (Joel Greenblatt) % is ranked better than 87.93% of 2502
companies
in the Metals & Mining industry
Industry Median: -22.14
vs SHSE:601702: 23.72
Shanghai Huafon Aluminium's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 22.60% per year.
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.
Shanghai Huafon Aluminium ROC (Joel Greenblatt) % Related Terms
Shanghai Huafon Aluminium ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Shanghai Huafon Aluminium'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.
SHSE:601702 vs AA: ROC (Joel Greenblatt) % Comparison
For the Aluminum subindustry, Shanghai Huafon Aluminium'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.
Shanghai Huafon Aluminium ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Shanghai Huafon Aluminium's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shanghai Huafon Aluminium's ROC (Joel Greenblatt) % falls into.
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 18.94% mean?
Shanghai Huafon Aluminium (SHSE:601702) has a ROC (Joel Greenblatt) % of 18.94% 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 Shanghai Huafon Aluminium and its competitors. This is near median its historical median of 20.20. Over the past decade, Shanghai Huafon Aluminium's ROC (Joel Greenblatt) % has ranged from 9.40 to 29.04. According to the industry distribution chart, Shanghai Huafon Aluminium ranks #302 out of 2502 companies in the Metals & Mining industry, placing it in the top 12.1%.
Is Shanghai Huafon Aluminium's ROC (Joel Greenblatt) % too high?
Shanghai Huafon Aluminium's current ROC (Joel Greenblatt) % of 18.94% is near median its 10-year median of 20.20. Over the past 10 years, this metric has ranged from a low of 9.40 to a high of 29.04. Based on the distribution chart, Shanghai Huafon Aluminium ranks #302 out of 2502 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Huafon Aluminium has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Huafon Aluminium's ROC (Joel Greenblatt) % compare to AA?
According to the Metals & Mining industry distribution chart, Shanghai Huafon Aluminium ranks #302 out of 2502 companies for ROC (Joel Greenblatt) %. This places Shanghai Huafon Aluminium in the top 12% of its industry — outperforming the majority of peers. Historically, Shanghai Huafon Aluminium's own ROC (Joel Greenblatt) % has ranged from 9.40 to 29.04 over the past decade. 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 Metals & Mining company?
A good ROC (Joel Greenblatt) % depends on the Metals & Mining industry context. 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 Shanghai Huafon Aluminium and its competitors. Shanghai Huafon Aluminium's current ROC (Joel Greenblatt) % is 18.94%, which is near median its own 10-year median of 20.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Huafon Aluminium stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Huafon Aluminium (SHSE:601702) is currently considered Possible Value Trap. The stock's GF Value™ is ¥23.16, compared to a current price of ¥15.79 — trading 31.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 18.94%, which is near median its 10-year median of 20.20. Shanghai Huafon Aluminium's overall GF Score™ is 87/100 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 Shanghai Huafon Aluminium (SHSE:601702), the current ROC (Joel Greenblatt) % is 18.94% 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 Shanghai Huafon Aluminium (SHSE:601702) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Huafon Aluminium stock appears to be undervalued.
The current stock price of ¥15.79 is trading 31.8% below its estimated GF Value™ of ¥23.16.
GuruFocus considers Shanghai Huafon Aluminium to be Possible Value Trap.
Key valuation signals for SHSE:601702:
ROC (Joel Greenblatt) %: 18.94% (near median its 10-year median of 20.20)
GF Value™: ¥23.16 vs. price of ¥15.79 (31.8% below fair value)
No single metric tells the full story. See the SHSE:601702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Huafon Aluminium Corp is engaged in production and sales of aluminum sheet, strip and foil. The company's products include brazed heat exchangers material; water tanks, heaters, air coolers; condenser; evaporator, heater, oil cooler; and Other Industrial Products Materials. Its products line covers all kinds of alloyed material and specifications which is widely used in the automobile and construction machinery and equipment cooling systems, power station cooling system, micro-channel cooler and all kinds of both commercial and residential air-conditioners. It also processes all kinds of aluminum products processing 1,3,4,5,7 series, which are widely used in transportation construction, food packaging, electronics information industry and other fields.
87GF Score
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