AEM HoldingsAEMFF 49 ROC (Joel Greenblatt) % is 10.64% as of Dec. 2025, which is 89% below its 10-year median of 93.44. GuruFocus rates AEMFF with a GF Score™ of 49/100 and a GF Value™ of $1.75 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,025 Semiconductors companies, AEM Holdings ranks worse than 54.05% 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. AEM Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 10.64%.
The historical rank and industry rank for AEM Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
AEMFF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.01 Med: 93.44 Max: 797.19
Current: 6.43
During the past 13 years, AEM Holdings's highest ROC (Joel Greenblatt) % was 797.19%. The lowest was 4.01%. And the median was 93.44%.
AEMFF's ROC (Joel Greenblatt) % is ranked worse than 54.05% of 1025
companies
in the Semiconductors industry
Industry Median: 8.35
vs AEMFF: 6.43
AEM Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -62.40% 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.
AEM Holdings ROC (Joel Greenblatt) % Related Terms
AEM Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for AEM Holdings'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.
AEMFF vs AMAT, LRCX, KLAC: ROC (Joel Greenblatt) % Comparison
For the Semiconductor Equipment & Materials subindustry, AEM Holdings'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.
AEM Holdings ROC (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, AEM Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where AEM Holdings'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 10.64% mean?
AEM Holdings (AEMFF) has a ROC (Joel Greenblatt) % of 10.64% 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 AEM Holdings and its competitors. This is 89% below median its historical median of 93.44. Over the past decade, AEM Holdings' ROC (Joel Greenblatt) % has ranged from 4.01 to 797.19. According to the industry distribution chart, AEM Holdings ranks #554 out of 1025 companies in the Semiconductors industry, placing it in the top 54%.
Is AEM Holdings' ROC (Joel Greenblatt) % too high?
AEM Holdings' current ROC (Joel Greenblatt) % of 10.64% is 89% below median its 10-year median of 93.44. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 797.19. The Semiconductors industry median ROC (Joel Greenblatt) % is 8.35. AEM Holdings' value of 10.64% is 27.4% above this industry median. Based on the distribution chart, AEM Holdings ranks #554 out of 1025 companies in the Semiconductors industry, which is below the industry midpoint. Overall, AEM Holdings has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AEM Holdings' ROC (Joel Greenblatt) % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, AEM Holdings ranks #554 out of 1025 companies for ROC (Joel Greenblatt) %. This places AEM Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.35. AEM Holdings' value of 10.64% is 27.4% above this benchmark. Historically, AEM Holdings' own ROC (Joel Greenblatt) % has ranged from 4.01 to 797.19 over the past decade. While the company's 10-year median is 93.44 vs. the industry median of 8.35, AEM Holdings has consistently been above 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.35, based on 1,025 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. AEM Holdings's current ROC (Joel Greenblatt) % of 10.64% is 27.4% 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 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 AEM Holdings and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AEM Holdings's current ROC (Joel Greenblatt) % is 10.64%, which is 89% below median its own 10-year median of 93.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AEM Holdings stock overvalued right now?
Based on GuruFocus' analysis, AEM Holdings (AEMFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.75, compared to a current price of $8.44 — trading 382.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 10.64%, which is 89% below median its 10-year median of 93.44 and 27.4% above the Semiconductors industry median of 8.35. AEM Holdings' overall GF Score™ is 49/100 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 AEM Holdings (AEMFF), the current ROC (Joel Greenblatt) % is 10.64% 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 AEM Holdings (AEMFF) Overvalued in 2026?
Based on GuruFocus' analysis, AEM Holdings stock appears to be overvalued.
The current stock price of $8.44 is trading 382.4% above its estimated GF Value™ of $1.75.
GuruFocus considers AEM Holdings to be Significantly Overvalued.
Key valuation signals for AEMFF:
ROC (Joel Greenblatt) %: 10.64% (89% below median its 10-year median of 93.44)
GF Value™: $1.75 vs. price of $8.44 (382.4% above fair value)
Industry Position: 27.4% above the Semiconductors median (#554 of 1025)
No single metric tells the full story. See the AEMFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AEM Holdings Ltd is a Singapore-based investment holding company. The operating segments of the company are: a) Test Cell Solutions (TCS): It provides customised system solutions involving precise high speed motion and to both mass volume manufacturers and new technology development laboratories, b) Instrumentation (INS): It engages in the research, development, and production of communications and industrial test solutions, c) Contract Manufacturing (CM): Operates as Contract manufacturer of Printed Circuit Board Assembly (PCBA), Wire-Harness & Interconnect systems, Box build and Equipment Manufacturing, and d) Others. The majority of revenue is derived from the TCS segment. Geographically, the company operates in Singapore, Malaysia, China, the USA, Vietnam, Finland, and Other countries.
49GF Score
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