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CEDB Hydropower Development CoXNEP:CHDC +0.13%37 ROC (Joel Greenblatt) % is 106.97% as of Apr. 2026, which is 30% below its 10-year median of 153.80. GuruFocus rates XNEP:CHDC with a GF Score™ of 37/100. The stock has 3 warning signs investors should review. Among 444 Utilities - Independent Power Producers companies, CEDB Hydropower Development Co ranks better than 95.5% 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. CEDB Hydropower Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 106.97%.
The historical rank and industry rank for CEDB Hydropower Development Co's ROC (Joel Greenblatt) % or its related term are showing as below:
XNEP:CHDC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 91.37 Med: 153.8 Max: 244.49
Current: 244.49
During the past 3 years, CEDB Hydropower Development Co's highest ROC (Joel Greenblatt) % was 244.49%. The lowest was 91.37%. And the median was 153.80%.
XNEP:CHDC's ROC (Joel Greenblatt) % is ranked better than 95.5% of 444
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.15
vs XNEP:CHDC: 244.49
CEDB Hydropower Development Co (XNEP:CHDC) 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.
CEDB Hydropower Development Co ROC (Joel Greenblatt) % Chart
CEDB Hydropower Development Co ROC (Joel Greenblatt) % Competitor Comparison
For the Utilities - Renewable subindustry, CEDB Hydropower Development 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.
CEDB Hydropower Development Co ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, CEDB Hydropower Development Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CEDB Hydropower Development Co's ROC (Joel Greenblatt) % falls into.
CEDB Hydropower Development 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 (Apr. 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 106.97% mean?
CEDB Hydropower Development Co (XNEP:CHDC) has a ROC (Joel Greenblatt) % of 106.97% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on CEDB Hydropower Development Co and its competitors. This is 30% below median its historical median of 153.80. Over the past decade, CEDB Hydropower Development Co's ROC (Joel Greenblatt) % has ranged from 91.37 to 244.49. According to the industry distribution chart, CEDB Hydropower Development Co ranks #20 out of 444 companies in the Utilities - Independent Power Producers industry, placing it in the top 4.5%.
Is CEDB Hydropower Development Co's ROC (Joel Greenblatt) % too high?
CEDB Hydropower Development Co's current ROC (Joel Greenblatt) % of 106.97% is 30% below median its 10-year median of 153.80. Over the past 10 years, this metric has ranged from a low of 91.37 to a high of 244.49. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.15. CEDB Hydropower Development Co's value of 106.97% is 1639.3% above this industry median. Based on the distribution chart, CEDB Hydropower Development Co ranks #20 out of 444 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, CEDB Hydropower Development Co has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does CEDB Hydropower Development Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, CEDB Hydropower Development Co ranks #20 out of 444 companies for ROC (Joel Greenblatt) %. This places CEDB Hydropower Development Co in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 6.15. CEDB Hydropower Development Co's value of 106.97% is 1639.3% above this benchmark. Historically, CEDB Hydropower Development Co's own ROC (Joel Greenblatt) % has ranged from 91.37 to 244.49 over the past decade. While the company's 10-year median is 153.80 vs. the industry median of 6.15, CEDB Hydropower Development 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 Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.15, based on 444 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. CEDB Hydropower Development Co's current ROC (Joel Greenblatt) % of 106.97% is 1639.3% 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 CEDB Hydropower Development Co and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEDB Hydropower Development Co's current ROC (Joel Greenblatt) % is 106.97%, which is 30% below median its own 10-year median of 153.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEDB Hydropower Development Co stock overvalued right now?
CEDB Hydropower Development Co (XNEP:CHDC) has a current ROC (Joel Greenblatt) % of 106.97%. The current ROC (Joel Greenblatt) % is 106.97%, which is 30% below median its 10-year median of 153.80 and 1639.3% above the Utilities - Independent Power Producers industry median of 6.15. CEDB Hydropower Development Co's overall GF Score™ is 37/100 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 CEDB Hydropower Development Co (XNEP:CHDC), the current ROC (Joel Greenblatt) % is 106.97% as of Apr. 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.
CEDB Hydropower Development Co Ltd invests in and develops hydropower projects. Its projects under development are Tallo Khare Khola Hydropower Project (11 MW), Dordi I Hydro Electric Project (12 MW), Rukum Gad Hydropower Project (5 MW), and Kasuwa Hydropower Project (45 MW). The projects under operation are Radhi Small Hydropower Project (4.4 MW), Syange Hydropower Project (183 KW), and Khudi Hydropower Project (4 MW).
37GF Score
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