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ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Shandong Wantong Hydraulic Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 14.49%.
Shandong Wantong Hydraulic Co (BJSE:920839) ROCE % Explanation
ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.
Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.
Shandong Wantong Hydraulic Co ROCE % Related Terms
Shandong Wantong Hydraulic Co ROCE % Historical 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.
(1) 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.
Shandong Wantong Hydraulic Co (BJSE:920839) has a ROCE % of 14.49% as of Mar. 2026.
Is Shandong Wantong Hydraulic Co's ROCE % too high?
Shandong Wantong Hydraulic Co's current ROCE % is 14.49%. The Industrial Products industry median ROCE % is 7.14. Shandong Wantong Hydraulic Co's value of 14.49% is 102.9% above this industry median. Overall, Shandong Wantong Hydraulic Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Wantong Hydraulic Co's ROCE % compare to GEV and ETN?
Shandong Wantong Hydraulic Co's ROCE % of 14.49% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.14. Shandong Wantong Hydraulic Co's value of 14.49% is 102.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.14, based on 3,028 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shandong Wantong Hydraulic Co's current ROCE % of 14.49% is 102.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Wantong Hydraulic Co's current ROCE % is 14.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Wantong Hydraulic Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Wantong Hydraulic Co (BJSE:920839) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥20.69, compared to a current price of ¥24.28 — trading 17.4% above its estimated fair value. The current ROCE % is 14.49% and 102.9% above the Industrial Products industry median of 7.14. Shandong Wantong Hydraulic Co's overall GF Score™ is 89/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Shandong Wantong Hydraulic Co (BJSE:920839), the current ROCE % is 14.49% 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 Shandong Wantong Hydraulic Co (BJSE:920839) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Wantong Hydraulic Co stock appears to be overvalued.
The current stock price of ¥24.28 is trading 17.4% above its estimated GF Value™ of ¥20.69.
GuruFocus considers Shandong Wantong Hydraulic Co to be Modestly Overvalued.
Key valuation signals for BJSE:920839:
ROCE %: 14.49%
GF Value™: ¥20.69 vs. price of ¥24.28 (17.4% above fair value)
Industry Position: 102.9% above the Industrial Products median
No single metric tells the full story. See the BJSE:920839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Wantong Hydraulic Co Ltd engages in research and development, manufacturing, and sales of hydraulic cylinders, mainly producing automobile hydraulic cylinders and mining hydraulic cylinders. Its product offerings comprise Piston cylinders, Telescopic cylinders, Tie rod cylinders, Side tipper cylinders, Excavator hydraulic cylinders, and Suspension cylinders.
89GF Score
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