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Shuifa Gas CoSHSE:603318 +2.86%64 ROC (Joel Greenblatt) % is 15.79% as of Jun. 2026, which is 32% above its 10-year median of 11.93. GuruFocus rates SHSE:603318 with a GF Score™ of 64/100 and a GF Value™ of ¥5.92 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,007 Oil & Gas companies, Shuifa Gas Co ranks better than 53.33% 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. Shuifa Gas Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 15.79%.
The historical rank and industry rank for Shuifa Gas Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:603318'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.22 Med: 11.93 Max: 23.63
Current: 10.98
During the past 13 years, Shuifa Gas Co's highest ROC (Joel Greenblatt) % was 23.63%. The lowest was -8.22%. And the median was 11.93%.
SHSE:603318's ROC (Joel Greenblatt) % is ranked better than 53.33% of 1007
companies
in the Oil & Gas industry
Industry Median: 9.51
vs SHSE:603318: 10.98
Shuifa Gas Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.10% per year.
Shuifa Gas Co (SHSE:603318) 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.
Shuifa Gas Co ROC (Joel Greenblatt) % Related Terms
Shuifa Gas Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Shuifa Gas Co'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.
SHSE:603318 vs SLB, BKR, HAL: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Equipment & Services subindustry, Shuifa Gas 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.
Shuifa Gas Co ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Shuifa Gas Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shuifa Gas Co'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 (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 15.79% mean?
Shuifa Gas Co (SHSE:603318) has a ROC (Joel Greenblatt) % of 15.79% 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 Shuifa Gas Co and its competitors. This is 32% above median its historical median of 11.93. According to the industry distribution chart, Shuifa Gas Co ranks #470 out of 1007 companies in the Oil & Gas industry, placing it in the top 46.7%.
Is Shuifa Gas Co's ROC (Joel Greenblatt) % too high?
Shuifa Gas Co's current ROC (Joel Greenblatt) % of 15.79% is 32% above median its 10-year median of 11.93. The Oil & Gas industry median ROC (Joel Greenblatt) % is 9.51. Shuifa Gas Co's value of 15.79% is 66% above this industry median. Based on the distribution chart, Shuifa Gas Co ranks #470 out of 1007 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Shuifa Gas Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shuifa Gas Co's ROC (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Shuifa Gas Co ranks #470 out of 1007 companies for ROC (Joel Greenblatt) %. This puts Shuifa Gas Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.51. Shuifa Gas Co's value of 15.79% is 66% above this benchmark. While the company's 10-year median is 11.93 vs. the industry median of 9.51, Shuifa Gas 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 an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 9.51, based on 1,007 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. Shuifa Gas Co's current ROC (Joel Greenblatt) % of 15.79% is 66% 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 Shuifa Gas Co and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 9.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shuifa Gas Co's current ROC (Joel Greenblatt) % is 15.79%, which is 32% above median its own 10-year median of 11.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuifa Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shuifa Gas Co (SHSE:603318) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.92, compared to a current price of ¥10.06 — trading 69.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 15.79%, which is 32% above median its 10-year median of 11.93 and 66% above the Oil & Gas industry median of 9.51. Shuifa Gas Co's overall GF Score™ is 64/100 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 Shuifa Gas Co (SHSE:603318), the current ROC (Joel Greenblatt) % is 15.79% 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 Shuifa Gas Co (SHSE:603318) Overvalued in 2026?
Based on GuruFocus' analysis, Shuifa Gas Co stock appears to be overvalued.
The current stock price of ¥10.06 is trading 69.9% above its estimated GF Value™ of ¥5.92.
GuruFocus considers Shuifa Gas Co to be Significantly Overvalued.
Key valuation signals for SHSE:603318:
ROC (Joel Greenblatt) %: 15.79% (32% above median its 10-year median of 11.93)
GF Value™: ¥5.92 vs. price of ¥10.06 (69.9% above fair value)
Industry Position: 66% above the Oil & Gas median (#470 of 1007)
No single metric tells the full story. See the SHSE:603318 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shuifa Gas Co Ltd is engaged in the design, production, sales, and service of products related to gas transmission, distribution, and gas applications. Its business scope includes gas supply operations, hazardous chemicals trading, power generation, electricity transmission and distribution, and insurance agency services.
64GF Score
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