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. Zoomlion Heavy Industry Science and Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.94%.
ZLIOF's ROC (Joel Greenblatt) % is ranked worse than 54.33% of 208
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 13.465
vs ZLIOF: 11.52
Zoomlion Heavy Industry Science and Technology Co (OTCPK:ZLIOF) 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.
Zoomlion Heavy Industry Science and Technology Co ROC (Joel Greenblatt) % Chart
Zoomlion Heavy Industry Science and Technology Co Annual Data
ZLIOF vs CAT, DE, PCAR: ROC (Joel Greenblatt) % Comparison
For the Farm & Heavy Construction Machinery subindustry, Zoomlion Heavy Industry Science and Technology 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.
Zoomlion Heavy Industry Science and Technology Co ROC (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry
Zoomlion Heavy Industry Science and Technology 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 (Mar. 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 8.94% mean?
Zoomlion Heavy Industry Science and Technology Co (ZLIOF) has a ROC (Joel Greenblatt) % of 8.94% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Zoomlion Heavy Industry Science and Technology Co and its competitors. This is 35% below median its historical median of 13.75. Over the past decade, Zoomlion Heavy Industry Science and Technology Co's ROC (Joel Greenblatt) % has ranged from 1.25 to 36.95. According to the industry distribution chart, Zoomlion Heavy Industry Science and Technology Co ranks #113 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 54.3%.
Is Zoomlion Heavy Industry Science and Technology Co's ROC (Joel Greenblatt) % too high?
Zoomlion Heavy Industry Science and Technology Co's current ROC (Joel Greenblatt) % of 8.94% is 35% below median its 10-year median of 13.75. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 36.95. The Farm & Heavy Construction Machinery industry median ROC (Joel Greenblatt) % is 13.47. Zoomlion Heavy Industry Science and Technology Co's value of 8.94% is 33.6% below this industry median. Based on the distribution chart, Zoomlion Heavy Industry Science and Technology Co ranks #113 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Zoomlion Heavy Industry Science and Technology 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 Zoomlion Heavy Industry Science and Technology Co's ROC (Joel Greenblatt) % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Zoomlion Heavy Industry Science and Technology Co ranks #113 out of 208 companies for ROC (Joel Greenblatt) %. This places Zoomlion Heavy Industry Science and Technology Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 13.47. Zoomlion Heavy Industry Science and Technology Co's value of 8.94% is 33.6% below this benchmark. Historically, Zoomlion Heavy Industry Science and Technology Co's own ROC (Joel Greenblatt) % has ranged from 1.25 to 36.95 over the past decade. While the company's 10-year median is 13.75 vs. the industry median of 13.47, Zoomlion Heavy Industry Science and Technology 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 Farm & Heavy Construction Machinery company?
The median ROC (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 13.47, based on 208 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. Zoomlion Heavy Industry Science and Technology Co's current ROC (Joel Greenblatt) % of 8.94% is 33.6% 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 Zoomlion Heavy Industry Science and Technology Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROC (Joel Greenblatt) % is 13.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoomlion Heavy Industry Science and Technology Co's current ROC (Joel Greenblatt) % is 8.94%, which is 35% below median its own 10-year median of 13.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoomlion Heavy Industry Science and Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zoomlion Heavy Industry Science and Technology Co (ZLIOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.14, compared to a current price of $0.98 — trading 14.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.94%, which is 35% below median its 10-year median of 13.75 and 33.6% below the Farm & Heavy Construction Machinery industry median of 13.47. Zoomlion Heavy Industry Science and Technology Co's overall GF Score™ is 83/100 with 6 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 Zoomlion Heavy Industry Science and Technology Co (ZLIOF), the current ROC (Joel Greenblatt) % is 8.94% as of Mar. 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 Zoomlion Heavy Industry Science and Technology Co (ZLIOF) Overvalued in 2026?
Based on GuruFocus' analysis, Zoomlion Heavy Industry Science and Technology Co stock appears to be undervalued.
The current stock price of $0.98 is trading 14.3% below its estimated GF Value™ of $1.14.
GuruFocus considers Zoomlion Heavy Industry Science and Technology Co to be Modestly Undervalued.
Key valuation signals for ZLIOF:
ROC (Joel Greenblatt) %: 8.94% (35% below median its 10-year median of 13.75)
GF Value™: $1.14 vs. price of $0.98 (14.3% below fair value)
Industry Position: 33.6% below the Farm & Heavy Construction Machinery median (#113 of 208)
No single metric tells the full story. See the ZLIOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zoomlion Heavy Industry Science and Technology Co Business Description
Zoomlion Heavy Industry Science and Technology Co Ltd are mainly engaged in the research, development, manufacturing, and sales of construction machinery and agricultural machinery. It is engaged in three main operating segments, including research, development, manufacturing, and sale of construction machinery; research, development, manufacturing, and sale of agricultural machinery; and finance lease services. The construction machinery segment provides concrete machinery, crane machinery, aerial machinery, earth working machinery, and other products. The agricultural machinery industry includes farming machinery, harvesting machinery, drying machinery, and agricultural equipment.
83GF Score
Get the complete analysis for ZLIOF
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ZLIOF has been successfully added to your 
