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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. Changzhou Kaidi Electrical's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -3.00%.
The historical rank and industry rank for Changzhou Kaidi Electrical's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:605288'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.22 Med: 31.41 Max: 126.89
Current: 4.22
During the past 11 years, Changzhou Kaidi Electrical's highest ROC (Joel Greenblatt) % was 126.89%. The lowest was 4.22%. And the median was 31.41%.
SHSE:605288's ROC (Joel Greenblatt) % is ranked worse than 69.4% of 3065
companies
in the Industrial Products industry
Industry Median: 11.8
vs SHSE:605288: 4.22
Changzhou Kaidi Electrical's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -25.90% per year.
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:605288 vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Changzhou Kaidi Electrical'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.
Changzhou Kaidi Electrical ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Changzhou Kaidi Electrical's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Changzhou Kaidi Electrical'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 (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 -3.00% mean?
Changzhou Kaidi Electrical (SHSE:605288) has a ROC (Joel Greenblatt) % of -3.00% 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 Changzhou Kaidi Electrical and its competitors. Over the past decade, Changzhou Kaidi Electrical's ROC (Joel Greenblatt) % has ranged from 4.22 to 126.89. According to the industry distribution chart, Changzhou Kaidi Electrical ranks #2127 out of 3065 companies in the Industrial Products industry, placing it in the top 69.4%.
Is Changzhou Kaidi Electrical's ROC (Joel Greenblatt) % too high?
Changzhou Kaidi Electrical's current ROC (Joel Greenblatt) % is -3.00%. Over the past 10 years, this metric has ranged from a low of 4.22 to a high of 126.89. Based on the distribution chart, Changzhou Kaidi Electrical ranks #2127 out of 3065 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Changzhou Kaidi Electrical has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Kaidi Electrical's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Changzhou Kaidi Electrical ranks #2127 out of 3065 companies for ROC (Joel Greenblatt) %. This places Changzhou Kaidi Electrical in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.80. Historically, Changzhou Kaidi Electrical's own ROC (Joel Greenblatt) % has ranged from 4.22 to 126.89 over the past decade. 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 11.80, based on 3,065 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. 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 Changzhou Kaidi Electrical and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzhou Kaidi Electrical's current ROC (Joel Greenblatt) % is -3.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Kaidi Electrical stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Kaidi Electrical (SHSE:605288) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥41.73, compared to a current price of ¥62.59 — trading 50% above its estimated fair value. The current ROC (Joel Greenblatt) % is -3.00%. Changzhou Kaidi Electrical's overall GF Score™ is 74/100 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 Changzhou Kaidi Electrical (SHSE:605288), the current ROC (Joel Greenblatt) % is -3.00% 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 Changzhou Kaidi Electrical (SHSE:605288) Overvalued in 2026?
Based on GuruFocus' analysis, Changzhou Kaidi Electrical stock appears to be overvalued.
The current stock price of ¥62.59 is trading 50% above its estimated GF Value™ of ¥41.73.
GuruFocus considers Changzhou Kaidi Electrical to be Significantly Overvalued.
Key valuation signals for SHSE:605288:
ROC (Joel Greenblatt) %: -3.00%
GF Value™: ¥41.73 vs. price of ¥62.59 (50% above fair value)
No single metric tells the full story. See the SHSE:605288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changzhou Kaidi Electrical Inc is engaged in production and sales of linear drive system products. The company develops linear drive systems, product development, manufacturing, and domestic and international marketing. It provides linear drive system products in the fields of medical care, auto parts, among others.
74GF Score
Get the complete analysis for SHSE:605288
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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