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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 Etron Technologies Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 32.78%.
The historical rank and industry rank for Suzhou Etron Technologies Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:603380'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.85 Med: 26.61 Max: 53.53
Current: 21.46
During the past 13 years, Suzhou Etron Technologies Co's highest ROC (Joel Greenblatt) % was 53.53%. The lowest was 14.85%. And the median was 26.61%.
SHSE:603380's ROC (Joel Greenblatt) % is ranked better than 65.78% of 2490
companies
in the Hardware industry
Industry Median: 11.655
vs SHSE:603380: 21.46
Suzhou Etron Technologies Co (SHSE:603380) 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 Etron Technologies Co ROC (Joel Greenblatt) % Chart
SHSE:603380 vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison
For the Electronic Components subindustry, Suzhou Etron Technologies 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 Etron Technologies Co ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Suzhou Etron Technologies Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Suzhou Etron Technologies Co's ROC (Joel Greenblatt) % falls into.
Suzhou Etron Technologies 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 32.78% mean?
Suzhou Etron Technologies Co (SHSE:603380) has a ROC (Joel Greenblatt) % of 32.78% 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 Etron Technologies Co and its competitors. This is 23% above median its historical median of 26.61. Over the past decade, Suzhou Etron Technologies Co's ROC (Joel Greenblatt) % has ranged from 14.85 to 53.53. According to the industry distribution chart, Suzhou Etron Technologies Co ranks #852 out of 2490 companies in the Hardware industry, placing it in the top 34.2%.
Is Suzhou Etron Technologies Co's ROC (Joel Greenblatt) % too high?
Suzhou Etron Technologies Co's current ROC (Joel Greenblatt) % of 32.78% is 23% above median its 10-year median of 26.61. Over the past 10 years, this metric has ranged from a low of 14.85 to a high of 53.53. The Hardware industry median ROC (Joel Greenblatt) % is 11.66. Suzhou Etron Technologies Co's value of 32.78% is 181.3% above this industry median. Based on the distribution chart, Suzhou Etron Technologies Co ranks #852 out of 2490 companies in the Hardware industry, which is above the industry midpoint. Overall, Suzhou Etron Technologies Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suzhou Etron Technologies Co's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Suzhou Etron Technologies Co ranks #852 out of 2490 companies for ROC (Joel Greenblatt) %. This puts Suzhou Etron Technologies Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.66. Suzhou Etron Technologies Co's value of 32.78% is 181.3% above this benchmark. Historically, Suzhou Etron Technologies Co's own ROC (Joel Greenblatt) % has ranged from 14.85 to 53.53 over the past decade. While the company's 10-year median is 26.61 vs. the industry median of 11.66, Suzhou Etron Technologies 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 11.66, based on 2,490 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 Etron Technologies Co's current ROC (Joel Greenblatt) % of 32.78% is 181.3% 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 Etron Technologies Co and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 11.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suzhou Etron Technologies Co's current ROC (Joel Greenblatt) % is 32.78%, which is 23% above median its own 10-year median of 26.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou Etron Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Suzhou Etron Technologies Co (SHSE:603380) is currently considered Fairly Valued. The stock's GF Value™ is ¥31.21, compared to a current price of ¥33.95 — trading 8.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 32.78%, which is 23% above median its 10-year median of 26.61 and 181.3% above the Hardware industry median of 11.66. Suzhou Etron Technologies Co's overall GF Score™ is 95/100 with 4 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 Etron Technologies Co (SHSE:603380), the current ROC (Joel Greenblatt) % is 32.78% 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 Etron Technologies Co (SHSE:603380) Overvalued in 2026?
Based on GuruFocus' analysis, Suzhou Etron Technologies Co stock appears to be overvalued.
The current stock price of ¥33.95 is trading 8.8% above its estimated GF Value™ of ¥31.21.
GuruFocus considers Suzhou Etron Technologies Co to be Fairly Valued.
Key valuation signals for SHSE:603380:
ROC (Joel Greenblatt) %: 32.78% (23% above median its 10-year median of 26.61)
GF Value™: ¥31.21 vs. price of ¥33.95 (8.8% above fair value)
Industry Position: 181.3% above the Hardware median (#852 of 2490)
No single metric tells the full story. See the SHSE:603380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suzhou Etron Technologies Co Ltd is an electronics manufacturing services provider. The company's primary business includes the electronic manufacturing and testing, supply chain management, customized research and development, as well as engineering and technical support solutions. The company's product line consists of an industrial product, telecommunication product, health care product, automotive product, high-end consumer product and aerospace product.
95GF Score
Get the complete analysis for SHSE:603380
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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