Shanghai Tianyong Engineering Co (SHSE:603895) ROC (Joel Greenblatt) %: 22.84% (As of Jun. 2026) — 82% Above Median

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SHSE:603895 Shanghai Tianyong Engineering Co Ltd SHSE:603895
65 GF Score
Price ¥27.07
GF Value ¥22.57
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Shanghai Tianyong Engineering Co ROC (Joel Greenblatt) %?

Shanghai Tianyong Engineering Co SHSE:603895 +0.86% 65 ROC (Joel Greenblatt) % is 22.84% as of Jun. 2026, which is 82% above its 10-year median of 12.52. GuruFocus rates SHSE:603895 with a GF Score™ of 65/100 and a GF Value™ of ¥22.57 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,076 Industrial Products companies, Shanghai Tianyong Engineering Co ranks better than 80.17% 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 Tianyong Engineering Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 22.84%.

The historical rank and industry rank for Shanghai Tianyong Engineering Co's ROC (Joel Greenblatt) % or its related term are showing as below:

SHSE:603895' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -88.43   Med: 12.52   Max: 288.27
Current: 33.34

During the past 13 years, Shanghai Tianyong Engineering Co's highest ROC (Joel Greenblatt) % was 288.27%. The lowest was -88.43%. And the median was 12.52%.

SHSE:603895's ROC (Joel Greenblatt) % is ranked better than
80.17% of 3076 companies
in the Industrial Products industry
Industry Median: 12.14 vs SHSE:603895: 33.34

Shanghai Tianyong Engineering Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Shanghai Tianyong Engineering Co  (SHSE:603895) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Shanghai Tianyong Engineering Co ROC (Joel Greenblatt) % Related Terms


Shanghai Tianyong Engineering Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Shanghai Tianyong Engineering 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.

Shanghai Tianyong Engineering Co ROC (Joel Greenblatt) % Chart

Shanghai Tianyong Engineering Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 -47.22 -42.64 -88.43 29.99

Shanghai Tianyong Engineering Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.37 25.42 57.05 30.78 22.84

SHSE:603895 vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, Shanghai Tianyong Engineering 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.


Shanghai Tianyong Engineering Co ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Tianyong Engineering Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Shanghai Tianyong Engineering Co's ROC (Joel Greenblatt) % falls into.


SHSE:603895
65GF Score
Shanghai Tianyong Engineering Co Ltd SHSE:603895
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Tianyong Engineering 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(231.886 + 359.956 + 77.327) - (522.061 + 0 + 199.359)
=-52.251

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(193.168 + 291.898 + 80.057) - (451.317 + 0 + 154.221)
=-40.415

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Shanghai Tianyong Engineering Co for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=17.116/( ( (75.942 + max(-52.251, 0)) + (73.96 + max(-40.415, 0)) )/ 2 )
=17.116/( ( 75.942 + 73.96 )/ 2 )
=17.116/74.951
=22.84 %

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 22.84% mean?
Shanghai Tianyong Engineering Co (SHSE:603895) has a ROC (Joel Greenblatt) % of 22.84% 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 Shanghai Tianyong Engineering Co and its competitors. This is 82% above median its historical median of 12.52. According to the industry distribution chart, Shanghai Tianyong Engineering Co ranks #610 out of 3076 companies in the Industrial Products industry, placing it in the top 19.8%.
Is Shanghai Tianyong Engineering Co's ROC (Joel Greenblatt) % too high?
Shanghai Tianyong Engineering Co's current ROC (Joel Greenblatt) % of 22.84% is 82% above median its 10-year median of 12.52. The Industrial Products industry median ROC (Joel Greenblatt) % is 12.14. Shanghai Tianyong Engineering Co's value of 22.84% is 88.1% above this industry median. Based on the distribution chart, Shanghai Tianyong Engineering Co ranks #610 out of 3076 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Tianyong Engineering Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Tianyong Engineering Co's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Tianyong Engineering Co ranks #610 out of 3076 companies for ROC (Joel Greenblatt) %. This places Shanghai Tianyong Engineering Co in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.14. Shanghai Tianyong Engineering Co's value of 22.84% is 88.1% above this benchmark. While the company's 10-year median is 12.52 vs. the industry median of 12.14, Shanghai Tianyong Engineering 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 12.14, based on 3,076 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 Tianyong Engineering Co's current ROC (Joel Greenblatt) % of 22.84% is 88.1% 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 Shanghai Tianyong Engineering Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 12.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Tianyong Engineering Co's current ROC (Joel Greenblatt) % is 22.84%, which is 82% above median its own 10-year median of 12.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Tianyong Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Tianyong Engineering Co (SHSE:603895) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥22.57, compared to a current price of ¥27.07 — trading 19.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 22.84%, which is 82% above median its 10-year median of 12.52 and 88.1% above the Industrial Products industry median of 12.14. Shanghai Tianyong Engineering Co's overall GF Score™ is 65/100 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 Shanghai Tianyong Engineering Co (SHSE:603895), the current ROC (Joel Greenblatt) % is 22.84% 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 Shanghai Tianyong Engineering Co (SHSE:603895) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Tianyong Engineering Co stock appears to be overvalued. The current stock price of ¥27.07 is trading 19.9% above its estimated GF Value™ of ¥22.57. GuruFocus considers Shanghai Tianyong Engineering Co to be Modestly Overvalued.

Key valuation signals for SHSE:603895:

  • ROC (Joel Greenblatt) %: 22.84% (82% above median its 10-year median of 12.52)
  • GF Value™: ¥22.57 vs. price of ¥27.07 (19.9% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 88.1% above the Industrial Products median (#610 of 3076)

No single metric tells the full story. See the SHSE:603895 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Tianyong Engineering Co Business Description

Address Waigaoqiao Huibao Road 555, 3rd Floor, 2nd Floor, Area A, Jiading, Shanghai, CHN
Shanghai Tianyong Engineering Co Ltd is engaged in designing and development, installation and sales of machinery and electronics, as well as automation equipment. It also involves in production and sale of software technology development and technical services, technical development in the field of mechanical and electrical technology.
65GF Score

Get the complete analysis for SHSE:603895

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥27.07
Price
¥22.57
GF Value