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. ACS Actividades de Construccion y Servicios's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.00%.
ACS Actividades de Construccion y Servicios (OTCPK:ACSAY) 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.
ACS Actividades de Construccion y Servicios ROC (Joel Greenblatt) % Chart
ACS Actividades de Construccion y Servicios Annual Data
ACSAY vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, ACS Actividades de Construccion y Servicios'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.
ACS Actividades de Construccion y Servicios ROC (Joel Greenblatt) % vs Construction Industry
ACS Actividades de Construccion y Servicios 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 0.00% mean?
ACS Actividades de Construccion y Servicios (ACSAY) has a ROC (Joel Greenblatt) % of 0.00% 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 ACS Actividades de Construccion y Servicios and its competitors. Over the past decade, ACS Actividades de Construccion y Servicios' ROC (Joel Greenblatt) % has ranged from 19.05 to 93.03. According to the industry distribution chart, ACS Actividades de Construccion y Servicios ranks #504 out of 1776 companies in the Construction industry, placing it in the top 28.4%.
Is ACS Actividades de Construccion y Servicios' ROC (Joel Greenblatt) % too high?
ACS Actividades de Construccion y Servicios' current ROC (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 19.05 to a high of 93.03. Based on the distribution chart, ACS Actividades de Construccion y Servicios ranks #504 out of 1776 companies in the Construction industry, which is above the industry midpoint. Overall, ACS Actividades de Construccion y Servicios has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ACS Actividades de Construccion y Servicios' ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, ACS Actividades de Construccion y Servicios ranks #504 out of 1776 companies for ROC (Joel Greenblatt) %. This puts ACS Actividades de Construccion y Servicios in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.43. Historically, ACS Actividades de Construccion y Servicios' own ROC (Joel Greenblatt) % has ranged from 19.05 to 93.03 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.43, based on 1,776 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. 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 ACS Actividades de Construccion y Servicios and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACS Actividades de Construccion y Servicios's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACS Actividades de Construccion y Servicios stock overvalued right now?
Based on GuruFocus' analysis, ACS Actividades de Construccion y Servicios (ACSAY) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.61, compared to a current price of $29.48 — trading 77.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. ACS Actividades de Construccion y Servicios' overall GF Score™ is 70/100 with 9 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 ACS Actividades de Construccion y Servicios (ACSAY), the current ROC (Joel Greenblatt) % is 0.00% 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 ACS Actividades de Construccion y Servicios (ACSAY) Overvalued in 2026?
Based on GuruFocus' analysis, ACS Actividades de Construccion y Servicios stock appears to be overvalued.
The current stock price of $29.48 is trading 77.5% above its estimated GF Value™ of $16.61.
GuruFocus considers ACS Actividades de Construccion y Servicios to be Significantly Overvalued.
Key valuation signals for ACSAY:
ROC (Joel Greenblatt) %: 0.00%
GF Value™: $16.61 vs. price of $29.48 (77.5% above fair value)
No single metric tells the full story. See the ACSAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ACS Actividades de Construccion y Servicios Business Description
ACS Actividades de Construccion y Servicios SA completes construction and service activities for infrastructure and energy projects. In addition to infrastructure-related developments, the company constructs buildings and projects related to the mining sector. It has four operating segments: construction (majority of total revenue), Concessions, Services (which offers comprehensive maintenance services for buildings, public places and organisations) and corporate. Its services revolve around industrial engineering and operating energy, industrial, and mobility infrastructures. Additional sales are generated from aftermarket services and contracts to perform upkeep on existing structures. Approximately half of total revenue derives from the Americas.
70GF Score
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