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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. Threes Company Future Technology Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.08%.
SHSE:605168'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.05 Med: 184.34 Max: 865.75
Current: 12.13
During the past 13 years, Threes Company Future Technology Group Co's highest ROC (Joel Greenblatt) % was 865.75%. The lowest was 9.05%. And the median was 184.34%.
SHSE:605168's ROC (Joel Greenblatt) % is ranked better than 51.48% of 1014
companies
in the Media - Diversified industry
Industry Median: 10.86
vs SHSE:605168: 12.13
Threes Company Future Technology Group Co (SHSE:605168) 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.
Threes Company Future Technology Group Co ROC (Joel Greenblatt) % Chart
Threes Company Future Technology Group Co Annual Data
SHSE:605168 vs APP, OMC, TTD: ROC (Joel Greenblatt) % Comparison
For the Advertising Agencies subindustry, Threes Company Future Technology Group 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.
Threes Company Future Technology Group Co ROC (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Threes Company Future Technology Group Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Threes Company Future Technology Group Co's ROC (Joel Greenblatt) % falls into.
Threes Company Future Technology Group 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 (Mar. 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 4.08% mean?
Threes Company Future Technology Group Co (SHSE:605168) has a ROC (Joel Greenblatt) % of 4.08% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Threes Company Future Technology Group Co and its competitors. This is 98% below median its historical median of 184.34. Over the past decade, Threes Company Future Technology Group Co's ROC (Joel Greenblatt) % has ranged from 9.05 to 865.75. According to the industry distribution chart, Threes Company Future Technology Group Co ranks #492 out of 1014 companies in the Media - Diversified industry, placing it in the top 48.5%.
Is Threes Company Future Technology Group Co's ROC (Joel Greenblatt) % too high?
Threes Company Future Technology Group Co's current ROC (Joel Greenblatt) % of 4.08% is 98% below median its 10-year median of 184.34. Over the past 10 years, this metric has ranged from a low of 9.05 to a high of 865.75. The Media - Diversified industry median ROC (Joel Greenblatt) % is 10.86. Threes Company Future Technology Group Co's value of 4.08% is 62.4% below this industry median. Based on the distribution chart, Threes Company Future Technology Group Co ranks #492 out of 1014 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Threes Company Future Technology Group Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Threes Company Future Technology Group Co's ROC (Joel Greenblatt) % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Threes Company Future Technology Group Co ranks #492 out of 1014 companies for ROC (Joel Greenblatt) %. This puts Threes Company Future Technology Group Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.86. Threes Company Future Technology Group Co's value of 4.08% is 62.4% below this benchmark. Historically, Threes Company Future Technology Group Co's own ROC (Joel Greenblatt) % has ranged from 9.05 to 865.75 over the past decade. While the company's 10-year median is 184.34 vs. the industry median of 10.86, Threes Company Future Technology Group Co has consistently been below 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 Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 10.86, based on 1,014 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. Threes Company Future Technology Group Co's current ROC (Joel Greenblatt) % of 4.08% is 62.4% below 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 Threes Company Future Technology Group Co and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 10.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Threes Company Future Technology Group Co's current ROC (Joel Greenblatt) % is 4.08%, which is 98% below median its own 10-year median of 184.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Threes Company Future Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Threes Company Future Technology Group Co (SHSE:605168) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥23.79, compared to a current price of ¥46.66 — trading 96.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 4.08%, which is 98% below median its 10-year median of 184.34 and 62.4% below the Media - Diversified industry median of 10.86. Threes Company Future Technology Group Co's overall GF Score™ is 71/100 with 6 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 Threes Company Future Technology Group Co (SHSE:605168), the current ROC (Joel Greenblatt) % is 4.08% as of Mar. 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 Threes Company Future Technology Group Co (SHSE:605168) Overvalued in 2026?
Based on GuruFocus' analysis, Threes Company Future Technology Group Co stock appears to be overvalued.
The current stock price of ¥46.66 is trading 96.1% above its estimated GF Value™ of ¥23.79.
GuruFocus considers Threes Company Future Technology Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:605168:
ROC (Joel Greenblatt) %: 4.08% (98% below median its 10-year median of 184.34)
GF Value™: ¥23.79 vs. price of ¥46.66 (96.1% above fair value)
Industry Position: 62.4% below the Media - Diversified median (#492 of 1014)
No single metric tells the full story. See the SHSE:605168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Threes Company Future Technology Group Co Ltd is engaged in organizing cultural and artistic exchange activities and provides services including advertising design, agency, production, and distribution, as well as graphic design. It also offers information consulting, corporate image planning, market research, conference and exhibition services, project planning, and public relations services.
71GF Score
Get the complete analysis for SHSE:605168
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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