Zhaojin Mining Industry CoZHAOF 75 ROC (Joel Greenblatt) % is 29.21% as of Dec. 2025, which is 455% above its 10-year median of 5.26. GuruFocus rates ZHAOF with a GF Scoreâ„¢ of 75/100 and a GF Valueâ„¢ of $3.78 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,500 Metals & Mining companies, Zhaojin Mining Industry Co ranks better than 82.12% 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. Zhaojin Mining Industry Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 29.21%.
The historical rank and industry rank for Zhaojin Mining Industry Co's ROC (Joel Greenblatt) % or its related term are showing as below:
ZHAOF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.25 Med: 5.26 Max: 15.52
Current: 11.84
During the past 13 years, Zhaojin Mining Industry Co's highest ROC (Joel Greenblatt) % was 15.52%. The lowest was 3.25%. And the median was 5.26%.
ZHAOF's ROC (Joel Greenblatt) % is ranked better than 82.12% of 2500
companies
in the Metals & Mining industry
Industry Median: -22.14
vs ZHAOF: 11.84
Zhaojin Mining Industry Co (OTCPK:ZHAOF) 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.
Zhaojin Mining Industry Co ROC (Joel Greenblatt) % Chart
ZHAOF vs NEM, AU: ROC (Joel Greenblatt) % Comparison
For the Gold subindustry, Zhaojin Mining Industry 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.
Zhaojin Mining Industry Co ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Zhaojin Mining Industry Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Zhaojin Mining Industry Co's ROC (Joel Greenblatt) % falls into.
Zhaojin Mining Industry 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 (Dec. 2025) 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 29.21% mean?
Zhaojin Mining Industry Co (ZHAOF) has a ROC (Joel Greenblatt) % of 29.21% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Zhaojin Mining Industry Co and its competitors. This is 455% above median its historical median of 5.26. Over the past decade, Zhaojin Mining Industry Co's ROC (Joel Greenblatt) % has ranged from 3.25 to 15.52. According to the industry distribution chart, Zhaojin Mining Industry Co ranks #447 out of 2500 companies in the Metals & Mining industry, placing it in the top 17.9%.
Is Zhaojin Mining Industry Co's ROC (Joel Greenblatt) % too high?
Zhaojin Mining Industry Co's current ROC (Joel Greenblatt) % of 29.21% is 455% above median its 10-year median of 5.26. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 15.52. Based on the distribution chart, Zhaojin Mining Industry Co ranks #447 out of 2500 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Zhaojin Mining Industry Co has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhaojin Mining Industry Co's ROC (Joel Greenblatt) % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Zhaojin Mining Industry Co ranks #447 out of 2500 companies for ROC (Joel Greenblatt) %. This places Zhaojin Mining Industry Co in the top 18% of its industry — outperforming the majority of peers. Historically, Zhaojin Mining Industry Co's own ROC (Joel Greenblatt) % has ranged from 3.25 to 15.52 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 a Metals & Mining company?
A good ROC (Joel Greenblatt) % depends on the Metals & Mining industry context. 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 Zhaojin Mining Industry Co and its competitors. Zhaojin Mining Industry Co's current ROC (Joel Greenblatt) % is 29.21%, which is 455% above median its own 10-year median of 5.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhaojin Mining Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Zhaojin Mining Industry Co (ZHAOF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.78, compared to a current price of $2.06 — trading 45.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 29.21%, which is 455% above median its 10-year median of 5.26. Zhaojin Mining Industry Co's overall GF Score™ is 75/100 with 4 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 Zhaojin Mining Industry Co (ZHAOF), the current ROC (Joel Greenblatt) % is 29.21% as of Dec. 2025. 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 Zhaojin Mining Industry Co (ZHAOF) Overvalued in 2026?
Based on GuruFocus' analysis, Zhaojin Mining Industry Co stock appears to be undervalued.
The current stock price of $2.06 is trading 45.5% below its estimated GF Value™ of $3.78.
GuruFocus considers Zhaojin Mining Industry Co to be Possible Value Trap.
Key valuation signals for ZHAOF:
ROC (Joel Greenblatt) %: 29.21% (455% above median its 10-year median of 5.26)
GF Value™: $3.78 vs. price of $2.06 (45.5% below fair value)
No single metric tells the full story. See the ZHAOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhaojin Mining Industry Co Ltd is engaged in the mining, processing, smelting, and sale of gold and silver products. The company has three reportable operating segments as follows: the Gold operations segment consists of gold mining and smelting operations; the Copper operations segment consists of copper mining and smelting operations; the Others segment comprises, principally, the Group's other investment activities, operation of a finance company, operation and catering services of a hotel, exploration services, engineering design and consulting services, and overseas operations.
75GF Score
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