APEX (APEX Global Solutions) ROC (Joel Greenblatt) %: 103.62% (As of Dec. 2025)


What is APEX Global Solutions ROC (Joel Greenblatt) %?

APEX Global Solutions APEX ROC (Joel Greenblatt) % is 103.62% as of Dec. 2025.

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. APEX Global Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 103.62%.

The historical rank and industry rank for APEX Global Solutions's ROC (Joel Greenblatt) % or its related term are showing as below:

APEX's ROC (Joel Greenblatt) % is not ranked *
in the Aerospace & Defense industry.
Industry Median: 10.76
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

APEX Global Solutions's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


APEX Global Solutions  (NAS:APEX) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


APEX Global Solutions ROC (Joel Greenblatt) % Related Terms


APEX Global Solutions ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for APEX Global Solutions'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.

APEX Global Solutions ROC (Joel Greenblatt) % Chart

APEX Global Solutions Annual Data
Trend Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
12.39 63.65 57.93

APEX Global Solutions Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % 0.00 20.40 103.33 21.92 103.62

APEX vs : ROC (Joel Greenblatt) % Comparison

For the Aerospace & Defense subindustry, APEX Global Solutions'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.


APEX Global Solutions ROC (Joel Greenblatt) % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, APEX Global Solutions's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where APEX Global Solutions's ROC (Joel Greenblatt) % falls into.



APEX Global Solutions 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.906 + 0 + 0.105) - (0.952 + 0 + 0)
=1.059

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.361 + 0 + 0.095) - (0.728 + 0 + -0.00099999999999989)
=0.729

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of APEX Global Solutions for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.444/( ( (0.481 + max(1.059, 0)) + (0.518 + max(0.729, 0)) )/ 2 )
=1.444/( ( 1.54 + 1.247 )/ 2 )
=1.444/1.3935
=103.62 %

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 103.62% mean?
APEX Global Solutions (APEX) has a ROC (Joel Greenblatt) % of 103.62% 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 APEX Global Solutions and its competitors.
Is APEX Global Solutions' ROC (Joel Greenblatt) % too high?
APEX Global Solutions' current ROC (Joel Greenblatt) % is 103.62%. The Aerospace & Defense industry median ROC (Joel Greenblatt) % is 10.76. APEX Global Solutions' value of 103.62% is 863% above this industry median.
How does APEX Global Solutions' ROC (Joel Greenblatt) % compare to ?
APEX Global Solutions' ROC (Joel Greenblatt) % of 103.62% can be compared against companies in the Aerospace & Defense industry. The industry median ROC (Joel Greenblatt) % is 10.76. APEX Global Solutions' value of 103.62% is 863% 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 ROC (Joel Greenblatt) % for an Aerospace & Defense company?
The median ROC (Joel Greenblatt) % among Aerospace & Defense companies is 10.76, based on 355 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. APEX Global Solutions's current ROC (Joel Greenblatt) % of 103.62% is 863% 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 APEX Global Solutions and its competitors. For the Aerospace & Defense industry, the median ROC (Joel Greenblatt) % is 10.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APEX Global Solutions's current ROC (Joel Greenblatt) % is 103.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APEX Global Solutions stock overvalued right now?
APEX Global Solutions (APEX) has a current ROC (Joel Greenblatt) % of 103.62%. The current ROC (Joel Greenblatt) % is 103.62% and 863% above the Aerospace & Defense industry median of 10.76. 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 APEX Global Solutions (APEX), the current ROC (Joel Greenblatt) % is 103.62% 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.

APEX Global Solutions Business Description

Comparable Companies
Address 1 Tuas View Place, No. 03-14, Westlink One, Singapore, SGP, 637433
APEX Global Solutions Ltd is a specialized provider of developed corrosion prevention, surface preparation, and maintenance solutions, catering to industries where asset longevity and structural integrity are paramount. Its core services include hydro blasting and grit blasting for surface cleaning and preparation, professional coating and painting for corrosion protection, and comprehensive maintenance and repair services for vessels operating at docks and in open waters. Additionally, The company offers skilled manpower supply to support marine operations, ensuring that its clients receive high-quality, efficient, and safety-compliant solutions.