Arcadis NVARCAY -6.63%74 ROC (Joel Greenblatt) % is 102.01% as of Dec. 2025, which is 34% above its 10-year median of 76.10. GuruFocus rates ARCAY with a GF Score™ of 74/100 and a GF Value™ of $53.87 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,775 Construction companies, Arcadis NV ranks better than 80.56% 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. Arcadis NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 102.01%.
The historical rank and industry rank for Arcadis NV's ROC (Joel Greenblatt) % or its related term are showing as below:
ARCAY'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 29.06 Med: 76.1 Max: 132.68
Current: 60.2
During the past 13 years, Arcadis NV's highest ROC (Joel Greenblatt) % was 132.68%. The lowest was 29.06%. And the median was 76.10%.
ARCAY's ROC (Joel Greenblatt) % is ranked better than 80.56% of 1775
companies
in the Construction industry
Industry Median: 19.38
vs ARCAY: 60.20
Arcadis NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 27.80% 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.
Arcadis NV ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Arcadis 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.
ARCAY vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Arcadis 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.
Arcadis NV ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Arcadis NV's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Arcadis 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 four times the quarterly (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 102.01% mean?
Arcadis NV (ARCAY) has a ROC (Joel Greenblatt) % of 102.01% 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 Arcadis NV and its competitors. This is 34% above median its historical median of 76.10. Over the past decade, Arcadis NV's ROC (Joel Greenblatt) % has ranged from 29.06 to 132.68. According to the industry distribution chart, Arcadis NV ranks #345 out of 1775 companies in the Construction industry, placing it in the top 19.4%.
Is Arcadis NV's ROC (Joel Greenblatt) % too high?
Arcadis NV's current ROC (Joel Greenblatt) % of 102.01% is 34% above median its 10-year median of 76.10. Over the past 10 years, this metric has ranged from a low of 29.06 to a high of 132.68. The Construction industry median ROC (Joel Greenblatt) % is 19.38. Arcadis NV's value of 102.01% is 426.4% above this industry median. Based on the distribution chart, Arcadis NV ranks #345 out of 1775 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Arcadis NV has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arcadis NV's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Arcadis NV ranks #345 out of 1775 companies for ROC (Joel Greenblatt) %. This places Arcadis NV in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.38. Arcadis NV's value of 102.01% is 426.4% above this benchmark. Historically, Arcadis NV's own ROC (Joel Greenblatt) % has ranged from 29.06 to 132.68 over the past decade. While the company's 10-year median is 76.10 vs. the industry median of 19.38, Arcadis NV 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.38, based on 1,775 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. Arcadis NV's current ROC (Joel Greenblatt) % of 102.01% is 426.4% 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 Arcadis NV 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. Arcadis NV's current ROC (Joel Greenblatt) % is 102.01%, which is 34% above median its own 10-year median of 76.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arcadis NV stock overvalued right now?
Based on GuruFocus' analysis, Arcadis NV (ARCAY) is currently considered Significantly Undervalued. The stock's GF Value™ is $53.87, compared to a current price of $38.00 — trading 29.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 102.01%, which is 34% above median its 10-year median of 76.10 and 426.4% above the Construction industry median of 19.38. Arcadis NV's overall GF Score™ is 74/100 with 4 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 Arcadis NV (ARCAY), the current ROC (Joel Greenblatt) % is 102.01% 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 Arcadis NV (ARCAY) Overvalued in 2026?
Based on GuruFocus' analysis, Arcadis NV stock appears to be undervalued.
The current stock price of $38.00 is trading 29.5% below its estimated GF Value™ of $53.87.
GuruFocus considers Arcadis NV to be Significantly Undervalued.
Key valuation signals for ARCAY:
ROC (Joel Greenblatt) %: 102.01% (34% above median its 10-year median of 76.10)
GF Value™: $53.87 vs. price of $38.00 (29.5% below fair value)
Industry Position: 426.4% above the Construction median (#345 of 1775)
No single metric tells the full story. See the ARCAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arcadis NV designs, engineers, and provides solutions for various construction and environmental projects. It constructs advanced buildings, plants, and transportation networks, and delivers management services for each project. Planning and cost management solutions help customers meet economic objectives and address potential operational or regulatory liabilities. Arcadis operates four business lines: infrastructure, water, environment, and buildings. It designs drinking water supply systems and treatment technologies for waste water. The segments of the company are Places, Mobility, Resilience and Intelligence. The company derives maximum revenue from Resilience segment.
74GF Score
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