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Trina Solar CoSHSE:688599 +1.87%81 ROC (Joel Greenblatt) % is 6.35% as of Jun. 2026, which is 41% below its 10-year median of 10.82. GuruFocus rates SHSE:688599 with a GF Score™ of 81/100 and a GF Value™ of ¥15.38 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,029 Semiconductors companies, Trina Solar Co ranks worse than 77.84% 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. Trina Solar Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.35%.
The historical rank and industry rank for Trina Solar Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:688599'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -18.89 Med: 10.82 Max: 35.86
Current: -11.67
During the past 10 years, Trina Solar Co's highest ROC (Joel Greenblatt) % was 35.86%. The lowest was -18.89%. And the median was 10.82%.
SHSE:688599's ROC (Joel Greenblatt) % is ranked worse than 77.84% of 1029
companies
in the Semiconductors industry
Industry Median: 8.65
vs SHSE:688599: -11.67
Trina Solar Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Trina Solar Co (SHSE:688599) 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.
Trina Solar Co ROC (Joel Greenblatt) % Related Terms
Trina Solar Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Trina Solar 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.
SHSE:688599 vs FSLR, NXT, ENPH: ROC (Joel Greenblatt) % Comparison
For the Solar subindustry, Trina Solar 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.
Trina Solar Co ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Trina Solar Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Trina Solar Co's ROC (Joel Greenblatt) % falls into.
Trina Solar 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 (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 6.35% mean?
Trina Solar Co (SHSE:688599) has a ROC (Joel Greenblatt) % of 6.35% 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 Trina Solar Co and its competitors. This is 41% below median its historical median of 10.82. According to the industry distribution chart, Trina Solar Co ranks #801 out of 1029 companies in the Semiconductors industry, placing it in the top 77.8%.
Is Trina Solar Co's ROC (Joel Greenblatt) % too high?
Trina Solar Co's current ROC (Joel Greenblatt) % of 6.35% is 41% below median its 10-year median of 10.82. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.65. Trina Solar Co's value of 6.35% is 26.6% below this industry median. Based on the distribution chart, Trina Solar Co ranks #801 out of 1029 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Trina Solar Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trina Solar Co's ROC (Joel Greenblatt) % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Trina Solar Co ranks #801 out of 1029 companies for ROC (Joel Greenblatt) %. This places Trina Solar Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.65. Trina Solar Co's value of 6.35% is 26.6% below this benchmark. While the company's 10-year median is 10.82 vs. the industry median of 8.65, Trina Solar 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.65, based on 1,029 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. Trina Solar Co's current ROC (Joel Greenblatt) % of 6.35% is 26.6% 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 Trina Solar Co and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trina Solar Co's current ROC (Joel Greenblatt) % is 6.35%, which is 41% below median its own 10-year median of 10.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trina Solar Co stock overvalued right now?
Based on GuruFocus' analysis, Trina Solar Co (SHSE:688599) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.38, compared to a current price of ¥13.64 — trading 11.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 6.35%, which is 41% below median its 10-year median of 10.82 and 26.6% below the Semiconductors industry median of 8.65. Trina Solar Co's overall GF Score™ is 81/100 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 Trina Solar Co (SHSE:688599), the current ROC (Joel Greenblatt) % is 6.35% 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 Trina Solar Co (SHSE:688599) Overvalued in 2026?
Based on GuruFocus' analysis, Trina Solar Co stock appears to be undervalued.
The current stock price of ¥13.64 is trading 11.3% below its estimated GF Value™ of ¥15.38.
GuruFocus considers Trina Solar Co to be Modestly Undervalued.
Key valuation signals for SHSE:688599:
ROC (Joel Greenblatt) %: 6.35% (41% below median its 10-year median of 10.82)
GF Value™: ¥15.38 vs. price of ¥13.64 (11.3% below fair value)
Industry Position: 26.6% below the Semiconductors median (#801 of 1029)
No single metric tells the full story. See the SHSE:688599 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trina Solar is one of the top four Chinese solar module producers. Trina's products are available in over 170 countries and regions. The company operates a vertically integrated production process, spanning solar wafers, cells, and modules.
81GF Score
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