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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. Beijing GeoEnviron Engineering & Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 20.04%.
SHSE:603588's ROC (Joel Greenblatt) % is ranked better than 67.74% of 248
companies
in the Waste Management industry
Industry Median: 11.28
vs SHSE:603588: 20.30
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:603588 vs WM, RSG, WCN: ROC (Joel Greenblatt) % Comparison
For the Waste Management subindustry, Beijing GeoEnviron Engineering & Technology'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.
Beijing GeoEnviron Engineering & Technology ROC (Joel Greenblatt) % vs Waste Management Industry
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 20.04% mean?
Beijing GeoEnviron Engineering & Technology (SHSE:603588) has a ROC (Joel Greenblatt) % of 20.04% 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 Beijing GeoEnviron Engineering & Technology and its competitors. This is 62% below median its historical median of 53.29. Over the past decade, Beijing GeoEnviron Engineering & Technology's ROC (Joel Greenblatt) % has ranged from 12.46 to 89.51. According to the industry distribution chart, Beijing GeoEnviron Engineering & Technology ranks #80 out of 248 companies in the Waste Management industry, placing it in the top 32.3%.
Is Beijing GeoEnviron Engineering & Technology's ROC (Joel Greenblatt) % too high?
Beijing GeoEnviron Engineering & Technology's current ROC (Joel Greenblatt) % of 20.04% is 62% below median its 10-year median of 53.29. Over the past 10 years, this metric has ranged from a low of 12.46 to a high of 89.51. The Waste Management industry median ROC (Joel Greenblatt) % is 11.28. Beijing GeoEnviron Engineering & Technology's value of 20.04% is 77.7% above this industry median. Based on the distribution chart, Beijing GeoEnviron Engineering & Technology ranks #80 out of 248 companies in the Waste Management industry, which is above the industry midpoint. Overall, Beijing GeoEnviron Engineering & Technology has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing GeoEnviron Engineering & Technology's ROC (Joel Greenblatt) % compare to WM and RSG?
According to the Waste Management industry distribution chart, Beijing GeoEnviron Engineering & Technology ranks #80 out of 248 companies for ROC (Joel Greenblatt) %. This puts Beijing GeoEnviron Engineering & Technology in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.28. Beijing GeoEnviron Engineering & Technology's value of 20.04% is 77.7% above this benchmark. Historically, Beijing GeoEnviron Engineering & Technology's own ROC (Joel Greenblatt) % has ranged from 12.46 to 89.51 over the past decade. While the company's 10-year median is 53.29 vs. the industry median of 11.28, Beijing GeoEnviron Engineering & Technology 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 Waste Management company?
The median ROC (Joel Greenblatt) % among Waste Management companies is 11.28, based on 248 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. Beijing GeoEnviron Engineering & Technology's current ROC (Joel Greenblatt) % of 20.04% is 77.7% 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 Beijing GeoEnviron Engineering & Technology and its competitors. For the Waste Management industry, the median ROC (Joel Greenblatt) % is 11.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing GeoEnviron Engineering & Technology's current ROC (Joel Greenblatt) % is 20.04%, which is 62% below median its own 10-year median of 53.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing GeoEnviron Engineering & Technology stock overvalued right now?
Based on GuruFocus' analysis, Beijing GeoEnviron Engineering & Technology (SHSE:603588) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.00, compared to a current price of ¥15.86 — trading 44.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 20.04%, which is 62% below median its 10-year median of 53.29 and 77.7% above the Waste Management industry median of 11.28. Beijing GeoEnviron Engineering & Technology's overall GF Score™ is 73/100 with 7 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 Beijing GeoEnviron Engineering & Technology (SHSE:603588), the current ROC (Joel Greenblatt) % is 20.04% 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 Beijing GeoEnviron Engineering & Technology (SHSE:603588) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing GeoEnviron Engineering & Technology stock appears to be overvalued.
The current stock price of ¥15.86 is trading 44.2% above its estimated GF Value™ of ¥11.00.
GuruFocus considers Beijing GeoEnviron Engineering & Technology to be Significantly Overvalued.
Key valuation signals for SHSE:603588:
ROC (Joel Greenblatt) %: 20.04% (62% below median its 10-year median of 53.29)
GF Value™: ¥11.00 vs. price of ¥15.86 (44.2% above fair value)
Industry Position: 77.7% above the Waste Management median (#80 of 248)
No single metric tells the full story. See the SHSE:603588 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing GeoEnviron Engineering & Technology Inc is specialized in the environmental technology research and the provision of solutions for the pollution control system. The company provides various services such as Urban 360 Environmental Manager that removes medical waste and hazardous wastes disposal, Kitchen waste treatment, Sludge disposal and others. Industrial Environment involves treatment of industrial wastewater and treatment of industrial solid waste, and Environment Remediation is engaged in remediation of the industrial site, underground water remediation, landfill remediation and farmland remediation.
73GF Score
Get the complete analysis for SHSE:603588
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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