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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. Suzhou West Deane New Power Electric Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 28.89%.
SHSE:603312'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 38.43 Med: 64.3 Max: 101.38
Current: 41.32
During the past 7 years, Suzhou West Deane New Power Electric Co's highest ROC (Joel Greenblatt) % was 101.38%. The lowest was 38.43%. And the median was 64.30%.
SHSE:603312's ROC (Joel Greenblatt) % is ranked better than 81.8% of 2489
companies
in the Hardware industry
Industry Median: 11.57
vs SHSE:603312: 41.32
Suzhou West Deane New Power Electric Co (SHSE:603312) 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.
Suzhou West Deane New Power Electric Co ROC (Joel Greenblatt) % Chart
Suzhou West Deane New Power Electric Co Annual Data
SHSE:603312 vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison
For the Electronic Components subindustry, Suzhou West Deane New Power Electric 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.
Suzhou West Deane New Power Electric Co ROC (Joel Greenblatt) % vs Hardware Industry
Suzhou West Deane New Power Electric 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 28.89% mean?
Suzhou West Deane New Power Electric Co (SHSE:603312) has a ROC (Joel Greenblatt) % of 28.89% 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 Suzhou West Deane New Power Electric Co and its competitors. This is 55% below median its historical median of 64.30. Over the past decade, Suzhou West Deane New Power Electric Co's ROC (Joel Greenblatt) % has ranged from 38.43 to 101.38. According to the industry distribution chart, Suzhou West Deane New Power Electric Co ranks #453 out of 2489 companies in the Hardware industry, placing it in the top 18.2%.
Is Suzhou West Deane New Power Electric Co's ROC (Joel Greenblatt) % too high?
Suzhou West Deane New Power Electric Co's current ROC (Joel Greenblatt) % of 28.89% is 55% below median its 10-year median of 64.30. Over the past 10 years, this metric has ranged from a low of 38.43 to a high of 101.38. The Hardware industry median ROC (Joel Greenblatt) % is 11.57. Suzhou West Deane New Power Electric Co's value of 28.89% is 149.7% above this industry median. Based on the distribution chart, Suzhou West Deane New Power Electric Co ranks #453 out of 2489 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Suzhou West Deane New Power Electric Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suzhou West Deane New Power Electric Co's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Suzhou West Deane New Power Electric Co ranks #453 out of 2489 companies for ROC (Joel Greenblatt) %. This places Suzhou West Deane New Power Electric Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.57. Suzhou West Deane New Power Electric Co's value of 28.89% is 149.7% above this benchmark. Historically, Suzhou West Deane New Power Electric Co's own ROC (Joel Greenblatt) % has ranged from 38.43 to 101.38 over the past decade. While the company's 10-year median is 64.30 vs. the industry median of 11.57, Suzhou West Deane New Power Electric 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 11.57, based on 2,489 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. Suzhou West Deane New Power Electric Co's current ROC (Joel Greenblatt) % of 28.89% is 149.7% 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 Suzhou West Deane New Power Electric Co and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 11.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou West Deane New Power Electric Co's current ROC (Joel Greenblatt) % is 28.89%, which is 55% below median its own 10-year median of 64.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou West Deane New Power Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou West Deane New Power Electric Co (SHSE:603312) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥42.86, compared to a current price of ¥32.20 — trading 24.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 28.89%, which is 55% below median its 10-year median of 64.30 and 149.7% above the Hardware industry median of 11.57. Suzhou West Deane New Power Electric Co's overall GF Score™ is 66/100 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 Suzhou West Deane New Power Electric Co (SHSE:603312), the current ROC (Joel Greenblatt) % is 28.89% 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 Suzhou West Deane New Power Electric Co (SHSE:603312) Overvalued in 2026?
Based on GuruFocus' analysis, Suzhou West Deane New Power Electric Co stock appears to be undervalued.
The current stock price of ¥32.20 is trading 24.9% below its estimated GF Value™ of ¥42.86.
GuruFocus considers Suzhou West Deane New Power Electric Co to be Modestly Undervalued.
Key valuation signals for SHSE:603312:
ROC (Joel Greenblatt) %: 28.89% (55% below median its 10-year median of 64.30)
GF Value™: ¥42.86 vs. price of ¥32.20 (24.9% below fair value)
Industry Position: 149.7% above the Hardware median (#453 of 2489)
No single metric tells the full story. See the SHSE:603312 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suzhou West Deane New Power Electric Co Ltd is engaged in research & development, design, production, and sales of electrical connection products such as aminated busbars, as well as system technical solutions. A laminated busbar is a multi-layer composite structure connecting bus. Its products include Powder coated laminated busbar, Edge-closed laminated busbar, EV-IBB, and Integrated Busbar.
66GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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