CTS International Logistics (SHSE:603128) ROC (Joel Greenblatt) %: 21.10% (As of Jun. 2026) — 49% Below Median

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SHSE:603128 CTS International Logistics Corp Ltd SHSE:603128
79 GF Score
Price ¥5.65
GF Value ¥6.91
Valuation Modestly Undervalued
! 7 Warning Signs
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What is CTS International Logistics ROC (Joel Greenblatt) %?

CTS International Logistics SHSE:603128 +0.36% 79 ROC (Joel Greenblatt) % is 21.10% as of Jun. 2026, which is 49% below its 10-year median of 41.11. GuruFocus rates SHSE:603128 with a GF Score™ of 79/100 and a GF Value™ of ¥6.91 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,005 Transportation companies, CTS International Logistics ranks better than 76.02% 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. CTS International Logistics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 21.10%.

The historical rank and industry rank for CTS International Logistics's ROC (Joel Greenblatt) % or its related term are showing as below:

SHSE:603128' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.34   Med: 41.11   Max: 68.11
Current: 24.34

During the past 13 years, CTS International Logistics's highest ROC (Joel Greenblatt) % was 68.11%. The lowest was 24.34%. And the median was 41.11%.

SHSE:603128's ROC (Joel Greenblatt) % is ranked better than
76.02% of 1005 companies
in the Transportation industry
Industry Median: 11.75 vs SHSE:603128: 24.34

CTS International Logistics's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -9.40% per year.


CTS International Logistics  (SHSE:603128) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


CTS International Logistics ROC (Joel Greenblatt) % Related Terms


CTS International Logistics ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for CTS International Logistics'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.

CTS International Logistics ROC (Joel Greenblatt) % Chart

CTS International Logistics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.11 59.79 61.57 53.25 28.89

CTS International Logistics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.97 21.01 40.11 17.93 21.10

SHSE:603128 vs UPS, FDX, EXPD: ROC (Joel Greenblatt) % Comparison

For the Integrated Freight & Logistics subindustry, CTS International Logistics'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.


CTS International Logistics ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, CTS International Logistics's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where CTS International Logistics's ROC (Joel Greenblatt) % falls into.


SHSE:603128
79GF Score
CTS International Logistics Corp Ltd SHSE:603128
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CTS International Logistics 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4228.204 + 51.209 + 832.638) - (2865.996 + 0 + 138.665)
=2107.39

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4927.022 + 92.777 + 980.36) - (3346.28 + 0 + 211.38)
=2442.499

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of CTS International Logistics for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=752.08/( ( (1257.463 + max(2107.39, 0)) + (1321.669 + max(2442.499, 0)) )/ 2 )
=752.08/( ( 3364.853 + 3764.168 )/ 2 )
=752.08/3564.5105
=21.10 %

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 21.10% mean?
CTS International Logistics (SHSE:603128) has a ROC (Joel Greenblatt) % of 21.10% 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 CTS International Logistics and its competitors. This is 49% below median its historical median of 41.11. Over the past decade, CTS International Logistics' ROC (Joel Greenblatt) % has ranged from 24.34 to 68.11. According to the industry distribution chart, CTS International Logistics ranks #241 out of 1005 companies in the Transportation industry, placing it in the top 24%.
Is CTS International Logistics' ROC (Joel Greenblatt) % too high?
CTS International Logistics' current ROC (Joel Greenblatt) % of 21.10% is 49% below median its 10-year median of 41.11. Over the past 10 years, this metric has ranged from a low of 24.34 to a high of 68.11. The Transportation industry median ROC (Joel Greenblatt) % is 11.75. CTS International Logistics' value of 21.10% is 79.6% above this industry median. Based on the distribution chart, CTS International Logistics ranks #241 out of 1005 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, CTS International Logistics has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CTS International Logistics' ROC (Joel Greenblatt) % compare to UPS and FDX?
According to the Transportation industry distribution chart, CTS International Logistics ranks #241 out of 1005 companies for ROC (Joel Greenblatt) %. This places CTS International Logistics in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.75. CTS International Logistics' value of 21.10% is 79.6% above this benchmark. Historically, CTS International Logistics' own ROC (Joel Greenblatt) % has ranged from 24.34 to 68.11 over the past decade. While the company's 10-year median is 41.11 vs. the industry median of 11.75, CTS International Logistics 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.75, based on 1,005 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. CTS International Logistics's current ROC (Joel Greenblatt) % of 21.10% is 79.6% 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 CTS International Logistics and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CTS International Logistics's current ROC (Joel Greenblatt) % is 21.10%, which is 49% below median its own 10-year median of 41.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTS International Logistics stock overvalued right now?
Based on GuruFocus' analysis, CTS International Logistics (SHSE:603128) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.91, compared to a current price of ¥5.65 — trading 18.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 21.10%, which is 49% below median its 10-year median of 41.11 and 79.6% above the Transportation industry median of 11.75. CTS International Logistics' overall GF Score™ is 79/100 with 7 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 CTS International Logistics (SHSE:603128), the current ROC (Joel Greenblatt) % is 21.10% 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 CTS International Logistics (SHSE:603128) Overvalued in 2026?

Based on GuruFocus' analysis, CTS International Logistics stock appears to be undervalued. The current stock price of ¥5.65 is trading 18.2% below its estimated GF Value™ of ¥6.91. GuruFocus considers CTS International Logistics to be Modestly Undervalued.

Key valuation signals for SHSE:603128:

  • ROC (Joel Greenblatt) %: 21.10% (49% below median its 10-year median of 41.11)
  • GF Value™: ¥6.91 vs. price of ¥5.65 (18.2% below fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 79.6% above the Transportation median (#241 of 1005)

No single metric tells the full story. See the SHSE:603128 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CTS International Logistics Business Description

Address No. 338 Nanjing West Road, 20th Floor, Tianan Center, Shanghai, CHN, 200003
CTS International Logistics Corp Ltd provide one-stop integrated logistics and supply chain trade services for cross-border businesses, with international freight forwarding as its core business.
79GF Score

Get the complete analysis for SHSE:603128

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

¥5.65
Price
¥6.91
GF Value