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Shandong Kehui Power Automation CoSHSE:688681 -3.06%83 ROC (Joel Greenblatt) % is 17.16% as of Jun. 2026, which is 37% below its 10-year median of 27.11. GuruFocus rates SHSE:688681 with a GF Score™ of 83/100 and a GF Value™ of ¥18.15 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,072 Industrial Products companies, Shandong Kehui Power Automation Co ranks better than 64.26% 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. Shandong Kehui Power Automation Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 17.16%.
The historical rank and industry rank for Shandong Kehui Power Automation Co's ROC (Joel Greenblatt) % or its related term are showing as below:
SHSE:688681'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.7 Med: 27.11 Max: 50.74
Current: 19.59
During the past 13 years, Shandong Kehui Power Automation Co's highest ROC (Joel Greenblatt) % was 50.74%. The lowest was -5.70%. And the median was 27.11%.
SHSE:688681's ROC (Joel Greenblatt) % is ranked better than 64.26% of 3072
companies
in the Industrial Products industry
Industry Median: 11.925
vs SHSE:688681: 19.59
Shandong Kehui Power Automation Co (SHSE:688681) 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.
Shandong Kehui Power Automation Co ROC (Joel Greenblatt) % Chart
SHSE:688681 vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Shandong Kehui Power Automation 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.
Shandong Kehui Power Automation Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shandong Kehui Power Automation Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shandong Kehui Power Automation Co's ROC (Joel Greenblatt) % falls into.
Shandong Kehui Power Automation 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 17.16% mean?
Shandong Kehui Power Automation Co (SHSE:688681) has a ROC (Joel Greenblatt) % of 17.16% 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 Shandong Kehui Power Automation Co and its competitors. This is 37% below median its historical median of 27.11. According to the industry distribution chart, Shandong Kehui Power Automation Co ranks #1098 out of 3072 companies in the Industrial Products industry, placing it in the top 35.7%.
Is Shandong Kehui Power Automation Co's ROC (Joel Greenblatt) % too high?
Shandong Kehui Power Automation Co's current ROC (Joel Greenblatt) % of 17.16% is 37% below median its 10-year median of 27.11. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.93. Shandong Kehui Power Automation Co's value of 17.16% is 43.9% above this industry median. Based on the distribution chart, Shandong Kehui Power Automation Co ranks #1098 out of 3072 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shandong Kehui Power Automation Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Kehui Power Automation Co's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shandong Kehui Power Automation Co ranks #1098 out of 3072 companies for ROC (Joel Greenblatt) %. This puts Shandong Kehui Power Automation Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.93. Shandong Kehui Power Automation Co's value of 17.16% is 43.9% above this benchmark. While the company's 10-year median is 27.11 vs. the industry median of 11.93, Shandong Kehui Power Automation 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 11.93, based on 3,072 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. Shandong Kehui Power Automation Co's current ROC (Joel Greenblatt) % of 17.16% is 43.9% 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 Shandong Kehui Power Automation Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Kehui Power Automation Co's current ROC (Joel Greenblatt) % is 17.16%, which is 37% below median its own 10-year median of 27.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Kehui Power Automation Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Kehui Power Automation Co (SHSE:688681) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.15, compared to a current price of ¥14.91 — trading 17.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 17.16%, which is 37% below median its 10-year median of 27.11 and 43.9% above the Industrial Products industry median of 11.93. Shandong Kehui Power Automation Co's overall GF Score™ is 83/100 with 3 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 Shandong Kehui Power Automation Co (SHSE:688681), the current ROC (Joel Greenblatt) % is 17.16% 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 Shandong Kehui Power Automation Co (SHSE:688681) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Kehui Power Automation Co stock appears to be undervalued.
The current stock price of ¥14.91 is trading 17.9% below its estimated GF Value™ of ¥18.15.
GuruFocus considers Shandong Kehui Power Automation Co to be Modestly Undervalued.
Key valuation signals for SHSE:688681:
ROC (Joel Greenblatt) %: 17.16% (37% below median its 10-year median of 27.11)
GF Value™: ¥18.15 vs. price of ¥14.91 (17.9% below fair value)
Industry Position: 43.9% above the Industrial Products median (#1098 of 3072)
No single metric tells the full story. See the SHSE:688681 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Kehui Power Automation Co Ltd is engaged in the research and development, production and sales of products such as smart grid fault monitoring and automation, and switched reluctance motor drive systems.
83GF Score
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