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Shanghai Lianming Machinery CoSHSE:603006 +0.85%69 ROC (Joel Greenblatt) % is 14.79% as of Jun. 2026, which is 25% below its 10-year median of 19.62. GuruFocus rates SHSE:603006 with a GF Score™ of 69/100 and a GF Value™ of ¥11.65 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,338 Vehicles & Parts companies, Shanghai Lianming Machinery Co ranks better than 53.44% 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 Lianming Machinery Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 14.79%.
The historical rank and industry rank for Shanghai Lianming Machinery Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:603006'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.73 Med: 19.62 Max: 26.99
Current: 13.73
During the past 13 years, Shanghai Lianming Machinery Co's highest ROC (Joel Greenblatt) % was 26.99%. The lowest was 8.73%. And the median was 19.62%.
SHSE:603006's ROC (Joel Greenblatt) % is ranked better than 53.44% of 1338
companies
in the Vehicles & Parts industry
Industry Median: 12.32
vs SHSE:603006: 13.73
Shanghai Lianming Machinery Co (SHSE:603006) 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.
Shanghai Lianming Machinery Co ROC (Joel Greenblatt) % Chart
SHSE:603006 vs ORLY, AZO, GPC: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Shanghai Lianming Machinery 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.
Shanghai Lianming Machinery Co ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Lianming Machinery Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shanghai Lianming Machinery Co's ROC (Joel Greenblatt) % falls into.
Shanghai Lianming Machinery 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 14.79% mean?
Shanghai Lianming Machinery Co (SHSE:603006) has a ROC (Joel Greenblatt) % of 14.79% 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 Shanghai Lianming Machinery Co and its competitors. This is 25% below median its historical median of 19.62. Over the past decade, Shanghai Lianming Machinery Co's ROC (Joel Greenblatt) % has ranged from 8.73 to 26.99. According to the industry distribution chart, Shanghai Lianming Machinery Co ranks #623 out of 1338 companies in the Vehicles & Parts industry, placing it in the top 46.6%.
Is Shanghai Lianming Machinery Co's ROC (Joel Greenblatt) % too high?
Shanghai Lianming Machinery Co's current ROC (Joel Greenblatt) % of 14.79% is 25% below median its 10-year median of 19.62. Over the past 10 years, this metric has ranged from a low of 8.73 to a high of 26.99. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.32. Shanghai Lianming Machinery Co's value of 14.79% is 20% above this industry median. Based on the distribution chart, Shanghai Lianming Machinery Co ranks #623 out of 1338 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Shanghai Lianming Machinery Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Lianming Machinery Co's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shanghai Lianming Machinery Co ranks #623 out of 1338 companies for ROC (Joel Greenblatt) %. This puts Shanghai Lianming Machinery Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.32. Shanghai Lianming Machinery Co's value of 14.79% is 20% above this benchmark. Historically, Shanghai Lianming Machinery Co's own ROC (Joel Greenblatt) % has ranged from 8.73 to 26.99 over the past decade. While the company's 10-year median is 19.62 vs. the industry median of 12.32, Shanghai Lianming Machinery 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.32, based on 1,338 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. Shanghai Lianming Machinery Co's current ROC (Joel Greenblatt) % of 14.79% is 20% 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 Shanghai Lianming Machinery Co and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Lianming Machinery Co's current ROC (Joel Greenblatt) % is 14.79%, which is 25% below median its own 10-year median of 19.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Lianming Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Lianming Machinery Co (SHSE:603006) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.65, compared to a current price of ¥10.73 — trading 7.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 14.79%, which is 25% below median its 10-year median of 19.62 and 20% above the Vehicles & Parts industry median of 12.32. Shanghai Lianming Machinery Co's overall GF Score™ is 69/100 with 5 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 Lianming Machinery Co (SHSE:603006), the current ROC (Joel Greenblatt) % is 14.79% 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 Shanghai Lianming Machinery Co (SHSE:603006) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Lianming Machinery Co stock appears to be undervalued.
The current stock price of ¥10.73 is trading 7.9% below its estimated GF Value™ of ¥11.65.
GuruFocus considers Shanghai Lianming Machinery Co to be Fairly Valued.
Key valuation signals for SHSE:603006:
ROC (Joel Greenblatt) %: 14.79% (25% below median its 10-year median of 19.62)
GF Value™: ¥11.65 vs. price of ¥10.73 (7.9% below fair value)
Industry Position: 20% above the Vehicles & Parts median (#623 of 1338)
No single metric tells the full story. See the SHSE:603006 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Lianming Machinery Co Ltd is a manufacturer of automotive components. The company's products includes car body parts, such as stamping and welding assembly products for automotive OEMs.
69GF Score
Get the complete analysis for SHSE:603006
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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