AccionaACXIF -5.04%82 ROC (Joel Greenblatt) % is 16.28% as of Dec. 2025, which is 40% above its 10-year median of 11.60. GuruFocus rates ACXIF with a GF Score™ of 82/100 and a GF Value™ of $187.08 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,776 Construction companies, Acciona ranks worse than 54.39% 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. Acciona's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 16.28%.
The historical rank and industry rank for Acciona's ROC (Joel Greenblatt) % or its related term are showing as below:
ACXIF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.3 Med: 11.6 Max: 16
Current: 16
During the past 13 years, Acciona's highest ROC (Joel Greenblatt) % was 16.00%. The lowest was 9.30%. And the median was 11.60%.
ACXIF's ROC (Joel Greenblatt) % is ranked worse than 54.39% of 1776
companies
in the Construction industry
Industry Median: 19.375
vs ACXIF: 16.00
Acciona's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 7.70% per year.
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.
The historical data trend for Acciona's ROC (Joel Greenblatt) % can be seen below:
* 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.
ACXIF vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Acciona'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.
Acciona ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Acciona's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Acciona's ROC (Joel Greenblatt) % falls into.
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 two times the semi-annual (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 16.28% mean?
Acciona (ACXIF) has a ROC (Joel Greenblatt) % of 16.28% 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 Acciona and its competitors. This is 40% above median its historical median of 11.60. Over the past decade, Acciona's ROC (Joel Greenblatt) % has ranged from 9.30 to 16.00. According to the industry distribution chart, Acciona ranks #966 out of 1776 companies in the Construction industry, placing it in the top 54.4%.
Is Acciona's ROC (Joel Greenblatt) % too high?
Acciona's current ROC (Joel Greenblatt) % of 16.28% is 40% above median its 10-year median of 11.60. Over the past 10 years, this metric has ranged from a low of 9.30 to a high of 16.00. The Construction industry median ROC (Joel Greenblatt) % is 19.38. Acciona's value of 16.28% is 16% below this industry median. Based on the distribution chart, Acciona ranks #966 out of 1776 companies in the Construction industry, which is below the industry midpoint. Overall, Acciona has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acciona's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Acciona ranks #966 out of 1776 companies for ROC (Joel Greenblatt) %. This places Acciona in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.38. Acciona's value of 16.28% is 16% below this benchmark. Historically, Acciona's own ROC (Joel Greenblatt) % has ranged from 9.30 to 16.00 over the past decade. While the company's 10-year median is 11.60 vs. the industry median of 19.38, Acciona 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.38, 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. Acciona's current ROC (Joel Greenblatt) % of 16.28% is 16% 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 Acciona and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acciona's current ROC (Joel Greenblatt) % is 16.28%, which is 40% above median its own 10-year median of 11.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acciona stock overvalued right now?
Based on GuruFocus' analysis, Acciona (ACXIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $187.08, compared to a current price of $306.38 — trading 63.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 16.28%, which is 40% above median its 10-year median of 11.60 and 16% below the Construction industry median of 19.38. Acciona's overall GF Score™ is 82/100 with 10 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 Acciona (ACXIF), the current ROC (Joel Greenblatt) % is 16.28% 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 Acciona (ACXIF) Overvalued in 2026?
Based on GuruFocus' analysis, Acciona stock appears to be overvalued.
The current stock price of $306.38 is trading 63.8% above its estimated GF Value™ of $187.08.
GuruFocus considers Acciona to be Significantly Overvalued.
Key valuation signals for ACXIF:
ROC (Joel Greenblatt) %: 16.28% (40% above median its 10-year median of 11.60)
GF Value™: $187.08 vs. price of $306.38 (63.8% above fair value)
Industry Position: 16% below the Construction median (#966 of 1776)
No single metric tells the full story. See the ACXIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Acciona SA is an engineering and construction firm providing sustainable solutions for infrastructure and renewable energy projects across the world. It works in various phases, from design and construction to operations and maintenance. The company operates two business divisions energy and infrastructure. The infrastructure division encompasses construction, water treatment, industrial, and service business lines. Projects may be granted under concessions from governments or acquired independently when Acciona identifies an opportunity. Energy developments focus on renewable technologies and primarily revolve around wind, solar, hydro, and biomass. The company has a presence on five continents and utilizes an organizational structure to ensure availability.
82GF Score
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