GWA GroupASX:GWA +1.73%77 ROC (Joel Greenblatt) % is 77.58% as of Dec. 2025, which is 45% above its 10-year median of 53.63. GuruFocus rates ASX:GWA with a GF Score™ of 77/100 and a GF Value™ of A$2.45 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,778 Construction companies, GWA Group ranks better than 83.52% 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. GWA Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 77.58%.
The historical rank and industry rank for GWA Group's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:GWA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 36.01 Med: 53.63 Max: 116.16
Current: 70.42
During the past 13 years, GWA Group's highest ROC (Joel Greenblatt) % was 116.16%. The lowest was 36.01%. And the median was 53.63%.
ASX:GWA's ROC (Joel Greenblatt) % is ranked better than 83.52% of 1778
companies
in the Construction industry
Industry Median: 19.425
vs ASX:GWA: 70.42
GWA Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 6.60% per year.
GWA Group (ASX:GWA) 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.
The historical data trend for GWA Group'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:GWA vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison
For the Building Products & Equipment subindustry, GWA Group'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.
GWA Group ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, GWA Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where GWA Group'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 77.58% mean?
GWA Group (ASX:GWA) has a ROC (Joel Greenblatt) % of 77.58% 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 GWA Group and its competitors. This is 45% above median its historical median of 53.63. Over the past decade, GWA Group's ROC (Joel Greenblatt) % has ranged from 36.01 to 116.16. According to the industry distribution chart, GWA Group ranks #293 out of 1778 companies in the Construction industry, placing it in the top 16.5%.
Is GWA Group's ROC (Joel Greenblatt) % too high?
GWA Group's current ROC (Joel Greenblatt) % of 77.58% is 45% above median its 10-year median of 53.63. Over the past 10 years, this metric has ranged from a low of 36.01 to a high of 116.16. The Construction industry median ROC (Joel Greenblatt) % is 19.43. GWA Group's value of 77.58% is 299.4% above this industry median. Based on the distribution chart, GWA Group ranks #293 out of 1778 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, GWA Group has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GWA Group's ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, GWA Group ranks #293 out of 1778 companies for ROC (Joel Greenblatt) %. This places GWA Group in the top 17% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.43. GWA Group's value of 77.58% is 299.4% above this benchmark. Historically, GWA Group's own ROC (Joel Greenblatt) % has ranged from 36.01 to 116.16 over the past decade. While the company's 10-year median is 53.63 vs. the industry median of 19.43, GWA Group 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 19.43, based on 1,778 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. GWA Group's current ROC (Joel Greenblatt) % of 77.58% is 299.4% 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 GWA Group and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GWA Group's current ROC (Joel Greenblatt) % is 77.58%, which is 45% above median its own 10-year median of 53.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GWA Group stock overvalued right now?
Based on GuruFocus' analysis, GWA Group (ASX:GWA) is currently considered Fairly Valued. The stock's GF Value™ is A$2.45, compared to a current price of A$2.35 — trading 4.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 77.58%, which is 45% above median its 10-year median of 53.63 and 299.4% above the Construction industry median of 19.43. GWA Group's overall GF Score™ is 77/100 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 GWA Group (ASX:GWA), the current ROC (Joel Greenblatt) % is 77.58% 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 GWA Group (ASX:GWA) Overvalued in 2026?
Based on GuruFocus' analysis, GWA Group stock appears to be undervalued.
The current stock price of A$2.35 is trading 4.1% below its estimated GF Value™ of A$2.45.
GuruFocus considers GWA Group to be Fairly Valued.
Key valuation signals for ASX:GWA:
ROC (Joel Greenblatt) %: 77.58% (45% above median its 10-year median of 53.63)
GF Value™: A$2.45 vs. price of A$2.35 (4.1% below fair value)
Industry Position: 299.4% above the Construction median (#293 of 1778)
No single metric tells the full story. See the ASX:GWA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GWA Group Ltd is an Australian designer of sanitary ware and bathroom fittings that has undergone a divestment program to focus solely on the front-of-wall bathroom and kitchen fittings markets. GWA's portfolio of brands includes Caroma, Dorf, Fowler, and Clark, with Caroma, in particular, enjoying a long history and high brand awareness in the Australian market. The company has one reportable segment, Water Solutions. This segment includes the sale of vitreous china toilet suites, basins, plastic cisterns, taps and showers, baths, kitchen sinks, laundry tubs, domestic water control valves, smart products, and bathroom accessories.
77GF Score
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