Alfen NVALFNF 86 ROC (Joel Greenblatt) % is 4.30% as of Dec. 2025, which is 93% below its 10-year median of 59.40. GuruFocus rates ALFNF with a GF Score™ of 86/100 and a GF Value™ of $9.98. The stock has 3 warning signs investors should review. Among 3,060 Industrial Products companies, Alfen NV ranks worse than 72.81% 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. Alfen NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 4.30%.
The historical rank and industry rank for Alfen NV's ROC (Joel Greenblatt) % or its related term are showing as below:
ALFNF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -22.74 Med: 59.4 Max: 104.62
Current: 2.44
During the past 12 years, Alfen NV's highest ROC (Joel Greenblatt) % was 104.62%. The lowest was -22.74%. And the median was 59.40%.
ALFNF's ROC (Joel Greenblatt) % is ranked worse than 72.81% of 3060
companies
in the Industrial Products industry
Industry Median: 11.7
vs ALFNF: 2.44
Alfen NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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 Alfen NV'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.
ALFNF vs VRT, BE, HUBB: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Alfen NV'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.
Alfen NV ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Alfen NV's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Alfen NV'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 4.30% mean?
Alfen NV (ALFNF) has a ROC (Joel Greenblatt) % of 4.30% 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 Alfen NV and its competitors. This is 93% below median its historical median of 59.40. According to the industry distribution chart, Alfen NV ranks #2228 out of 3060 companies in the Industrial Products industry, placing it in the top 72.8%.
Is Alfen NV's ROC (Joel Greenblatt) % too high?
Alfen NV's current ROC (Joel Greenblatt) % of 4.30% is 93% below median its 10-year median of 59.40. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.70. Alfen NV's value of 4.30% is 63.2% below this industry median. Based on the distribution chart, Alfen NV ranks #2228 out of 3060 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Alfen NV has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Alfen NV's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Alfen NV ranks #2228 out of 3060 companies for ROC (Joel Greenblatt) %. This places Alfen NV in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.70. Alfen NV's value of 4.30% is 63.2% below this benchmark. While the company's 10-year median is 59.40 vs. the industry median of 11.70, Alfen NV 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.70, based on 3,060 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. Alfen NV's current ROC (Joel Greenblatt) % of 4.30% is 63.2% 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 Alfen NV and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alfen NV's current ROC (Joel Greenblatt) % is 4.30%, which is 93% below median its own 10-year median of 59.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfen NV stock overvalued right now?
Alfen NV (ALFNF) has a current ROC (Joel Greenblatt) % of 4.30%. The stock's GF Value™ is $9.98, compared to a current price of $11.00 — trading 10.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 4.30%, which is 93% below median its 10-year median of 59.40 and 63.2% below the Industrial Products industry median of 11.70. Alfen NV's overall GF Score™ is 86/100 with 3 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 Alfen NV (ALFNF), the current ROC (Joel Greenblatt) % is 4.30% 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 Alfen NV (ALFNF) Overvalued in 2026?
Based on GuruFocus' analysis, Alfen NV stock appears to be overvalued.
The current stock price of $11.00 is trading 10.2% above its estimated GF Value™ of $9.98.
Key valuation signals for ALFNF:
ROC (Joel Greenblatt) %: 4.30% (93% below median its 10-year median of 59.40)
GF Value™: $9.98 vs. price of $11.00 (10.2% above fair value)
Industry Position: 63.2% below the Industrial Products median (#2228 of 3060)
No single metric tells the full story. See the ALFNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alfen NV is engaged in the business of developing, producing, and selling various products, systems, and services related to the electricity grid. The company's business segments are Smart Grid Solutions, Energy Storage Systems, and EV Charging Equipment. Geographically, the company derives maximum revenue from the Netherlands, followed by Belgium and Finland.
86GF Score
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