Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Eden InnovationsASX:EDE +8.33%33 ROC (Joel Greenblatt) % is 34.35% as of Dec. 2025. GuruFocus rates ASX:EDE with a GF Score™ of 33/100 and a GF Value™ of A$0.02 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 3,063 Industrial Products companies, Eden Innovations ranks worse than 81.62% 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. Eden Innovations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 34.35%.
The historical rank and industry rank for Eden Innovations's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:EDE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -773.74 Med: -54.83 Max: -5.12
Current: -5.12
During the past 13 years, Eden Innovations's highest ROC (Joel Greenblatt) % was -5.12%. The lowest was -773.74%. And the median was -54.83%.
ASX:EDE's ROC (Joel Greenblatt) % is ranked worse than 81.62% of 3063
companies
in the Industrial Products industry
Industry Median: 11.69
vs ASX:EDE: -5.12
Eden Innovations's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.90% per year.
Eden Innovations (ASX:EDE) 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.
Eden Innovations ROC (Joel Greenblatt) % Related Terms
Eden Innovations ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Eden Innovations'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.
ASX:EDE vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Eden Innovations'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.
Eden Innovations ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Eden Innovations's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Eden Innovations's ROC (Joel Greenblatt) % falls into.
Eden Innovations 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:
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 34.35% mean?
Eden Innovations (ASX:EDE) has a ROC (Joel Greenblatt) % of 34.35% 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 Eden Innovations and its competitors. According to the industry distribution chart, Eden Innovations ranks #2500 out of 3063 companies in the Industrial Products industry, placing it in the top 81.6%.
Is Eden Innovations' ROC (Joel Greenblatt) % too high?
Eden Innovations' current ROC (Joel Greenblatt) % is 34.35%. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.69. Eden Innovations' value of 34.35% is 193.8% above this industry median. Based on the distribution chart, Eden Innovations ranks #2500 out of 3063 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Eden Innovations has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eden Innovations' ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Eden Innovations ranks #2500 out of 3063 companies for ROC (Joel Greenblatt) %. This places Eden Innovations in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.69. Eden Innovations' value of 34.35% is 193.8% 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.69, based on 3,063 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. Eden Innovations's current ROC (Joel Greenblatt) % of 34.35% is 193.8% 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 Eden Innovations and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eden Innovations's current ROC (Joel Greenblatt) % is 34.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eden Innovations stock overvalued right now?
Based on GuruFocus' analysis, Eden Innovations (ASX:EDE) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.02, compared to a current price of A$0.13 — trading 550% above its estimated fair value. The current ROC (Joel Greenblatt) % is 34.35% and 193.8% above the Industrial Products industry median of 11.69. Eden Innovations' overall GF Score™ is 33/100 with 8 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 Eden Innovations (ASX:EDE), the current ROC (Joel Greenblatt) % is 34.35% 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 Eden Innovations (ASX:EDE) Overvalued in 2026?
Based on GuruFocus' analysis, Eden Innovations stock appears to be overvalued.
The current stock price of A$0.13 is trading 550% above its estimated GF Value™ of A$0.02.
GuruFocus considers Eden Innovations to be Significantly Overvalued.
Key valuation signals for ASX:EDE:
ROC (Joel Greenblatt) %: 34.35%
GF Value™: A$0.02 vs. price of A$0.13 (550% above fair value)
Industry Position: 193.8% above the Industrial Products median (#2500 of 3063)
No single metric tells the full story. See the ASX:EDE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eden Innovations Ltd is engaged in developing clean technology solutions. It develops, manufactures, and markets EdenCrete, a concrete admixture, and OptiBlend, a retrofit dual fuel kit developed for diesel generator sets. The group has two segments, namely the Eden Innovations LLC segment, which includes EdenCrete sales and development, and Optiblend sales, service, and manufacturing; and the Eden Innovations India Pvt Ltd segment, which includes Optiblend sales, service, and manufacturing in India. It generates the majority of its revenue from the Eden Innovations LLC segment.
33GF Score
Get the complete analysis for ASX:EDE
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:EDE has been successfully added to your 
