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Shanghai Baolong AutomotiveSHSE:603197 -1.54%79 ROC (Joel Greenblatt) % is 9.46% as of Mar. 2026, which is 50% below its 10-year median of 19.00. GuruFocus rates SHSE:603197 with a GF Score™ of 79/100 and a GF Value™ of ¥55.41 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,340 Vehicles & Parts companies, Shanghai Baolong Automotive ranks worse than 59.7% 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 Baolong Automotive's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.46%.
The historical rank and industry rank for Shanghai Baolong Automotive's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:603197'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.32 Med: 19 Max: 37.33
Current: 9.32
During the past 13 years, Shanghai Baolong Automotive's highest ROC (Joel Greenblatt) % was 37.33%. The lowest was 9.32%. And the median was 19.00%.
SHSE:603197's ROC (Joel Greenblatt) % is ranked worse than 59.7% of 1340
companies
in the Vehicles & Parts industry
Industry Median: 12.415
vs SHSE:603197: 9.32
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.
SHSE:603197 vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, Shanghai Baolong Automotive'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 Baolong Automotive ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Baolong Automotive's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shanghai Baolong Automotive'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 9.46% mean?
Shanghai Baolong Automotive (SHSE:603197) has a ROC (Joel Greenblatt) % of 9.46% 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 Baolong Automotive and its competitors. This is 50% below median its historical median of 19.00. Over the past decade, Shanghai Baolong Automotive's ROC (Joel Greenblatt) % has ranged from 9.32 to 37.33. According to the industry distribution chart, Shanghai Baolong Automotive ranks #800 out of 1340 companies in the Vehicles & Parts industry, placing it in the top 59.7%.
Is Shanghai Baolong Automotive's ROC (Joel Greenblatt) % too high?
Shanghai Baolong Automotive's current ROC (Joel Greenblatt) % of 9.46% is 50% below median its 10-year median of 19.00. Over the past 10 years, this metric has ranged from a low of 9.32 to a high of 37.33. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.42. Shanghai Baolong Automotive's value of 9.46% is 23.8% below this industry median. Based on the distribution chart, Shanghai Baolong Automotive ranks #800 out of 1340 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Shanghai Baolong Automotive has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Baolong Automotive's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shanghai Baolong Automotive ranks #800 out of 1340 companies for ROC (Joel Greenblatt) %. This places Shanghai Baolong Automotive in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.42. Shanghai Baolong Automotive's value of 9.46% is 23.8% below this benchmark. Historically, Shanghai Baolong Automotive's own ROC (Joel Greenblatt) % has ranged from 9.32 to 37.33 over the past decade. While the company's 10-year median is 19.00 vs. the industry median of 12.42, Shanghai Baolong Automotive has consistently been below 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 12.42, based on 1,340 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 Baolong Automotive's current ROC (Joel Greenblatt) % of 9.46% is 23.8% below 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 Baolong Automotive and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Baolong Automotive's current ROC (Joel Greenblatt) % is 9.46%, which is 50% below median its own 10-year median of 19.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Baolong Automotive stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Baolong Automotive (SHSE:603197) is currently considered Possible Value Trap. The stock's GF Value™ is ¥55.41, compared to a current price of ¥29.96 — trading 45.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 9.46%, which is 50% below median its 10-year median of 19.00 and 23.8% below the Vehicles & Parts industry median of 12.42. Shanghai Baolong Automotive's overall GF Score™ is 79/100 with 8 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 Baolong Automotive (SHSE:603197), the current ROC (Joel Greenblatt) % is 9.46% 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 Baolong Automotive (SHSE:603197) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Baolong Automotive stock appears to be undervalued.
The current stock price of ¥29.96 is trading 45.9% below its estimated GF Value™ of ¥55.41.
GuruFocus considers Shanghai Baolong Automotive to be Possible Value Trap.
Key valuation signals for SHSE:603197:
ROC (Joel Greenblatt) %: 9.46% (50% below median its 10-year median of 19.00)
GF Value™: ¥55.41 vs. price of ¥29.96 (45.9% below fair value)
Industry Position: 23.8% below the Vehicles & Parts median (#800 of 1340)
No single metric tells the full story. See the SHSE:603197 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Baolong Automotive Corp is a Chinese manufacturer of automotive parts and components. Its products include tire valves and accessories, wheel balancing weights, performance exhaust products, automotive pressure sensors, and hydro-forming automotive body parts, among others. The company sells its products in China and various other countries.
79GF Score
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