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Jiangsu Tianmu Lake Tourism CoSHSE:603136 -1.89%82 ROC (Joel Greenblatt) % is 23.16% as of Jun. 2026, which is 33% above its 10-year median of 17.37. GuruFocus rates SHSE:603136 with a GF Score™ of 82/100 and a GF Value™ of ¥11.06 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 843 Travel & Leisure companies, Jiangsu Tianmu Lake Tourism Co ranks better than 57.65% 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. Jiangsu Tianmu Lake Tourism Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 23.16%.
The historical rank and industry rank for Jiangsu Tianmu Lake Tourism Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:603136'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.19 Med: 17.37 Max: 27.01
Current: 14.45
During the past 12 years, Jiangsu Tianmu Lake Tourism Co's highest ROC (Joel Greenblatt) % was 27.01%. The lowest was 3.19%. And the median was 17.37%.
SHSE:603136's ROC (Joel Greenblatt) % is ranked better than 57.65% of 843
companies
in the Travel & Leisure industry
Industry Median: 10.63
vs SHSE:603136: 14.45
Jiangsu Tianmu Lake Tourism Co (SHSE:603136) 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.
Jiangsu Tianmu Lake Tourism Co ROC (Joel Greenblatt) % Chart
SHSE:603136 vs MAR, HLT, H: ROC (Joel Greenblatt) % Comparison
For the Lodging subindustry, Jiangsu Tianmu Lake Tourism 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.
Jiangsu Tianmu Lake Tourism Co ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Jiangsu Tianmu Lake Tourism Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Jiangsu Tianmu Lake Tourism Co's ROC (Joel Greenblatt) % falls into.
Jiangsu Tianmu Lake Tourism 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 23.16% mean?
Jiangsu Tianmu Lake Tourism Co (SHSE:603136) has a ROC (Joel Greenblatt) % of 23.16% 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 Jiangsu Tianmu Lake Tourism Co and its competitors. This is 33% above median its historical median of 17.37. Over the past decade, Jiangsu Tianmu Lake Tourism Co's ROC (Joel Greenblatt) % has ranged from 3.19 to 27.01. According to the industry distribution chart, Jiangsu Tianmu Lake Tourism Co ranks #357 out of 843 companies in the Travel & Leisure industry, placing it in the top 42.3%.
Is Jiangsu Tianmu Lake Tourism Co's ROC (Joel Greenblatt) % too high?
Jiangsu Tianmu Lake Tourism Co's current ROC (Joel Greenblatt) % of 23.16% is 33% above median its 10-year median of 17.37. Over the past 10 years, this metric has ranged from a low of 3.19 to a high of 27.01. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.63. Jiangsu Tianmu Lake Tourism Co's value of 23.16% is 117.9% above this industry median. Based on the distribution chart, Jiangsu Tianmu Lake Tourism Co ranks #357 out of 843 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Jiangsu Tianmu Lake Tourism Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Tianmu Lake Tourism Co's ROC (Joel Greenblatt) % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Jiangsu Tianmu Lake Tourism Co ranks #357 out of 843 companies for ROC (Joel Greenblatt) %. This puts Jiangsu Tianmu Lake Tourism Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.63. Jiangsu Tianmu Lake Tourism Co's value of 23.16% is 117.9% above this benchmark. Historically, Jiangsu Tianmu Lake Tourism Co's own ROC (Joel Greenblatt) % has ranged from 3.19 to 27.01 over the past decade. While the company's 10-year median is 17.37 vs. the industry median of 10.63, Jiangsu Tianmu Lake Tourism 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.63, based on 843 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. Jiangsu Tianmu Lake Tourism Co's current ROC (Joel Greenblatt) % of 23.16% is 117.9% 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 Jiangsu Tianmu Lake Tourism Co and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Tianmu Lake Tourism Co's current ROC (Joel Greenblatt) % is 23.16%, which is 33% above median its own 10-year median of 17.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Tianmu Lake Tourism Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Tianmu Lake Tourism Co (SHSE:603136) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥11.06, compared to a current price of ¥9.32 — trading 15.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 23.16%, which is 33% above median its 10-year median of 17.37 and 117.9% above the Travel & Leisure industry median of 10.63. Jiangsu Tianmu Lake Tourism Co's overall GF Score™ is 82/100 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 Jiangsu Tianmu Lake Tourism Co (SHSE:603136), the current ROC (Joel Greenblatt) % is 23.16% 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 Jiangsu Tianmu Lake Tourism Co (SHSE:603136) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Tianmu Lake Tourism Co stock appears to be undervalued.
The current stock price of ¥9.32 is trading 15.7% below its estimated GF Value™ of ¥11.06.
GuruFocus considers Jiangsu Tianmu Lake Tourism Co to be Modestly Undervalued.
Key valuation signals for SHSE:603136:
ROC (Joel Greenblatt) %: 23.16% (33% above median its 10-year median of 17.37)
GF Value™: ¥11.06 vs. price of ¥9.32 (15.7% below fair value)
Industry Position: 117.9% above the Travel & Leisure median (#357 of 843)
No single metric tells the full story. See the SHSE:603136 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Tianmu Lake Tourism Co Ltd is a Chinese tourism operator centered on Tianmu Lake, a scenic reservoir area in Liyang, Jiangsu Province. The company develops and manages tourist attractions and provides related hospitality and leisure services. Its operations include scenic area management, cruise and sightseeing services on the lake, the Tianmu Lake Water World theme park, hot spring resorts, and hotels and restaurants serving visitors. It also operates travel agency services and sells tourism-related goods. Revenue comes primarily from admission tickets, cable car and boat rides, accommodation and dining, hot spring and theme park fees, and travel services. Customers are mainly domestic leisure travelers, tour groups, and corporate and conference guests, with business concentrated in the Yangtze River Delta region of eastern China. The company is listed on the Shanghai Stock Exchange.
82GF Score
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