ALFABS AUSTRALIA (ASX:AAL) ROC (Joel Greenblatt) %: 6.79% (As of Dec. 2025) — 64% Below Median


ASX:AAL ALFABS AUSTRALIA Ltd ASX:AAL
20 GF Score
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What is ALFABS AUSTRALIA ROC (Joel Greenblatt) %?

ALFABS AUSTRALIA ASX:AAL +1.82% 20 ROC (Joel Greenblatt) % is 6.79% as of Dec. 2025, which is 64% below its 10-year median of 18.96. GuruFocus rates ASX:AAL with a GF Score™ of 20/100. The stock has 5 warning signs investors should review. Among 560 Conglomerates companies, ALFABS AUSTRALIA ranks worse than 53.04% 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. ALFABS AUSTRALIA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.79%.

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

ASX:AAL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.63   Med: 18.96   Max: 22.41
Current: 13.63

During the past 4 years, ALFABS AUSTRALIA's highest ROC (Joel Greenblatt) % was 22.41%. The lowest was 13.63%. And the median was 18.96%.

ASX:AAL's ROC (Joel Greenblatt) % is ranked worse than
53.04% of 560 companies
in the Conglomerates industry
Industry Median: 14.73 vs ASX:AAL: 13.63

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


ALFABS AUSTRALIA  (ASX:AAL) 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.


ALFABS AUSTRALIA ROC (Joel Greenblatt) % Related Terms


ALFABS AUSTRALIA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for ALFABS AUSTRALIA'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.

ALFABS AUSTRALIA ROC (Joel Greenblatt) % Chart

ALFABS AUSTRALIA Annual Data
Trend Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
0.00 0.00 15.51 22.41

ALFABS AUSTRALIA Semi-Annual Data
Jun22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 22.56 12.01 23.06 21.43 6.79

ASX:AAL vs HON, MMM: ROC (Joel Greenblatt) % Comparison

For the Conglomerates subindustry, ALFABS AUSTRALIA'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.


ALFABS AUSTRALIA ROC (Joel Greenblatt) % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, ALFABS AUSTRALIA's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where ALFABS AUSTRALIA's ROC (Joel Greenblatt) % falls into.


ASX:AAL
20GF Score
ALFABS AUSTRALIA Ltd ASX:AAL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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ALFABS AUSTRALIA 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)
=(17.396 + 10.17 + 2.42) - (14.589 + 7.091 + 2.697)
=5.609

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.696 + 12.16 + 3.068) - (12.684 + 0.899 + 6.28)
=10.061

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of ALFABS AUSTRALIA 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 )
=6.862/( ( (89.059 + max(5.609, 0)) + (97.297 + max(10.061, 0)) )/ 2 )
=6.862/( ( 94.668 + 107.358 )/ 2 )
=6.862/101.013
=6.79 %

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 6.79% mean?
ALFABS AUSTRALIA (ASX:AAL) has a ROC (Joel Greenblatt) % of 6.79% 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 ALFABS AUSTRALIA and its competitors. This is 64% below median its historical median of 18.96. Over the past decade, ALFABS AUSTRALIA's ROC (Joel Greenblatt) % has ranged from 13.63 to 22.41. According to the industry distribution chart, ALFABS AUSTRALIA ranks #297 out of 560 companies in the Conglomerates industry, placing it in the top 53%.
Is ALFABS AUSTRALIA's ROC (Joel Greenblatt) % too high?
ALFABS AUSTRALIA's current ROC (Joel Greenblatt) % of 6.79% is 64% below median its 10-year median of 18.96. Over the past 10 years, this metric has ranged from a low of 13.63 to a high of 22.41. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.73. ALFABS AUSTRALIA's value of 6.79% is 53.9% below this industry median. Based on the distribution chart, ALFABS AUSTRALIA ranks #297 out of 560 companies in the Conglomerates industry, which is below the industry midpoint. Overall, ALFABS AUSTRALIA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does ALFABS AUSTRALIA's ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, ALFABS AUSTRALIA ranks #297 out of 560 companies for ROC (Joel Greenblatt) %. This places ALFABS AUSTRALIA in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 14.73. ALFABS AUSTRALIA's value of 6.79% is 53.9% below this benchmark. Historically, ALFABS AUSTRALIA's own ROC (Joel Greenblatt) % has ranged from 13.63 to 22.41 over the past decade. While the company's 10-year median is 18.96 vs. the industry median of 14.73, ALFABS AUSTRALIA 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.73, based on 560 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. ALFABS AUSTRALIA's current ROC (Joel Greenblatt) % of 6.79% is 53.9% 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 ALFABS AUSTRALIA and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALFABS AUSTRALIA's current ROC (Joel Greenblatt) % is 6.79%, which is 64% below median its own 10-year median of 18.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALFABS AUSTRALIA stock overvalued right now?
ALFABS AUSTRALIA (ASX:AAL) has a current ROC (Joel Greenblatt) % of 6.79%. The current ROC (Joel Greenblatt) % is 6.79%, which is 64% below median its 10-year median of 18.96 and 53.9% below the Conglomerates industry median of 14.73. ALFABS AUSTRALIA's overall GF Score™ is 20/100 with 5 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 ALFABS AUSTRALIA (ASX:AAL), the current ROC (Joel Greenblatt) % is 6.79% 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.

ALFABS AUSTRALIA Business Description

Address 152 Mitchell Avenue, Kurri Kurri, Cessnock, NSW, AUS, 2327
ALFABS AUSTRALIA Ltd is a company that provides a design-to-delivery solution for its clients across heavy steel fabrication, construction, and maintenance services, mining equipment, protective coatings, and transport. Its reportable segments are Mining, Engineering, and Other. The Mining segment is engaged in the manufacture, repair, overhaul, servicing, and hire of underground mining and ancillary equipment, together with sales of mining-related consumables and spare parts. The Engineering segment, which derives maximum revenue for the company, is involved in heavy steel fabrication, site installation works, and site-based maintenance; and the Other segment represents head office and ancillary businesses, including protective coatings and transport.
20GF Score

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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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