Zhejiang Lante Optics Co (SHSE:688127) ROC (Joel Greenblatt) %: 30.71% (As of Jun. 2026) — 19% Above Median

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SHSE:688127 Zhejiang Lante Optics Co Ltd SHSE:688127
88 GF Score
Price ¥65.99
GF Value ¥54.09
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Zhejiang Lante Optics Co ROC (Joel Greenblatt) %?

Zhejiang Lante Optics Co SHSE:688127 -0.77% 88 ROC (Joel Greenblatt) % is 30.71% as of Jun. 2026, which is 19% above its 10-year median of 25.91. GuruFocus rates SHSE:688127 with a GF Score™ of 88/100 and a GF Value™ of ¥54.09 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,033 Semiconductors companies, Zhejiang Lante Optics Co ranks better than 72.41% 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. Zhejiang Lante Optics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 30.71%.

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

SHSE:688127' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.45   Med: 25.91   Max: 70.63
Current: 32.56

During the past 13 years, Zhejiang Lante Optics Co's highest ROC (Joel Greenblatt) % was 70.63%. The lowest was 9.45%. And the median was 25.91%.

SHSE:688127's ROC (Joel Greenblatt) % is ranked better than
72.41% of 1033 companies
in the Semiconductors industry
Industry Median: 12.35 vs SHSE:688127: 32.56

Zhejiang Lante Optics Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.70% per year.


Zhejiang Lante Optics Co  (SHSE:688127) 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.


Zhejiang Lante Optics Co ROC (Joel Greenblatt) % Related Terms


Zhejiang Lante Optics Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Zhejiang Lante Optics 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.

Zhejiang Lante Optics Co ROC (Joel Greenblatt) % Chart

Zhejiang Lante Optics 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 26.62 9.45 19.66 17.12 25.20

Zhejiang Lante Optics 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 15.49 37.51 33.19 29.81 30.71

SHSE:688127 vs AMAT, LRCX, KLAC: ROC (Joel Greenblatt) % Comparison

For the Semiconductor Equipment & Materials subindustry, Zhejiang Lante Optics 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.


Zhejiang Lante Optics Co ROC (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Zhejiang Lante Optics Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Zhejiang Lante Optics Co's ROC (Joel Greenblatt) % falls into.


SHSE:688127
88GF Score
Zhejiang Lante Optics Co Ltd SHSE:688127
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Lante Optics 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)
=(368.277 + 281.041 + 18.941) - (460.71 + 0 + 7.643)
=199.906

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(463.575 + 304.542 + 24.849) - (567.146 + 0 + 21.75)
=204.07

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Zhejiang Lante Optics 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 )
=648.744/( ( (1829.775 + max(199.906, 0)) + (1991.753 + max(204.07, 0)) )/ 2 )
=648.744/( ( 2029.681 + 2195.823 )/ 2 )
=648.744/2112.752
=30.71 %

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 30.71% mean?
Zhejiang Lante Optics Co (SHSE:688127) has a ROC (Joel Greenblatt) % of 30.71% 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 Zhejiang Lante Optics Co and its competitors. This is 19% above median its historical median of 25.91. Over the past decade, Zhejiang Lante Optics Co's ROC (Joel Greenblatt) % has ranged from 9.45 to 70.63. According to the industry distribution chart, Zhejiang Lante Optics Co ranks #285 out of 1033 companies in the Semiconductors industry, placing it in the top 27.6%.
Is Zhejiang Lante Optics Co's ROC (Joel Greenblatt) % too high?
Zhejiang Lante Optics Co's current ROC (Joel Greenblatt) % of 30.71% is 19% above median its 10-year median of 25.91. Over the past 10 years, this metric has ranged from a low of 9.45 to a high of 70.63. The Semiconductors industry median ROC (Joel Greenblatt) % is 12.35. Zhejiang Lante Optics Co's value of 30.71% is 148.7% above this industry median. Based on the distribution chart, Zhejiang Lante Optics Co ranks #285 out of 1033 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Zhejiang Lante Optics Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Lante Optics Co's ROC (Joel Greenblatt) % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Zhejiang Lante Optics Co ranks #285 out of 1033 companies for ROC (Joel Greenblatt) %. This puts Zhejiang Lante Optics Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.35. Zhejiang Lante Optics Co's value of 30.71% is 148.7% above this benchmark. Historically, Zhejiang Lante Optics Co's own ROC (Joel Greenblatt) % has ranged from 9.45 to 70.63 over the past decade. While the company's 10-year median is 25.91 vs. the industry median of 12.35, Zhejiang Lante Optics 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 12.35, based on 1,033 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. Zhejiang Lante Optics Co's current ROC (Joel Greenblatt) % of 30.71% is 148.7% 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 Zhejiang Lante Optics Co and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 12.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Lante Optics Co's current ROC (Joel Greenblatt) % is 30.71%, which is 19% above median its own 10-year median of 25.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Lante Optics Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Lante Optics Co (SHSE:688127) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥54.09, compared to a current price of ¥65.99 — trading 22% above its estimated fair value. The current ROC (Joel Greenblatt) % is 30.71%, which is 19% above median its 10-year median of 25.91 and 148.7% above the Semiconductors industry median of 12.35. Zhejiang Lante Optics Co's overall GF Score™ is 88/100 with 2 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 Zhejiang Lante Optics Co (SHSE:688127), the current ROC (Joel Greenblatt) % is 30.71% 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 Zhejiang Lante Optics Co (SHSE:688127) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Lante Optics Co stock appears to be overvalued. The current stock price of ¥65.99 is trading 22% above its estimated GF Value™ of ¥54.09. GuruFocus considers Zhejiang Lante Optics Co to be Modestly Overvalued.

Key valuation signals for SHSE:688127:

  • ROC (Joel Greenblatt) %: 30.71% (19% above median its 10-year median of 25.91)
  • GF Value™: ¥54.09 vs. price of ¥65.99 (22% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 148.7% above the Semiconductors median (#285 of 1033)

No single metric tells the full story. See the SHSE:688127 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Lante Optics Co Business Description

Address Honghe Town, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314023
Zhejiang Lante Optics Co Ltd is engaged in production and sales of optical components. The company produces prisms, lenses, glass wafers, glass aspheric lenses, coatings and lens assembly, and has been involved in traditional optics, optoelectronic displays, photovoltaics, automobiles, lighting, optical communications, semiconductors, consumer electronics, medical, virtual/augmented reality and other fields. The processing and manufacturing of optical products can be found in the core components of high-tech products such as telescopes, microscopes, mobile phone, AR/VR, digital cameras, security monitors, multimedia projectors, sights, image measuring equipment, and automobile interior and exterior decoration.
88GF Score

Get the complete analysis for SHSE:688127

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

¥65.99
Price
¥54.09
GF Value