Harris Technology Group (ASX:HT8) ROC (Joel Greenblatt) %: 5.86% (As of Dec. 2025)


What is Harris Technology Group ROC (Joel Greenblatt) %?

Harris Technology Group ASX:HT8 ROC (Joel Greenblatt) % is 5.86% as of Dec. 2025. The stock has 2 warning signs investors should review. Among 1,123 Retail - Cyclical companies, Harris Technology Group ranks worse than 87.27% 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. Harris Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 5.86%.

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

ASX:HT8' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1339.48   Med: -24.08   Max: 61.75
Current: -14.04

During the past 13 years, Harris Technology Group's highest ROC (Joel Greenblatt) % was 61.75%. The lowest was -1339.48%. And the median was -24.08%.

ASX:HT8's ROC (Joel Greenblatt) % is ranked worse than
87.27% of 1123 companies
in the Retail - Cyclical industry
Industry Median: 11.57 vs ASX:HT8: -14.04

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


Harris Technology Group  (ASX:HT8) 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.


Harris Technology Group ROC (Joel Greenblatt) % Related Terms


Harris Technology Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Harris Technology 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.

Harris Technology Group ROC (Joel Greenblatt) % Chart

Harris Technology Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.37 -20.20 -27.04 -17.08 -21.11

Harris Technology Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.28 -30.91 -11.12 -31.33 5.86

ASX:HT8 vs AMZN, BABA, PDD: ROC (Joel Greenblatt) % Comparison

For the Internet Retail subindustry, Harris Technology 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.


Harris Technology Group ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Harris Technology Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Harris Technology Group's ROC (Joel Greenblatt) % falls into.



Harris Technology Group 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)
=(0.998 + 2.924 + 0.278) - (1.557 + 0 + 0.126)
=2.517

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.498 + 3.077 + 0.366) - (1.954 + 0 + 0.125)
=1.862

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Harris Technology Group 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 )
=0.196/( ( (1.198 + max(2.517, 0)) + (1.115 + max(1.862, 0)) )/ 2 )
=0.196/( ( 3.715 + 2.977 )/ 2 )
=0.196/3.346
=5.86 %

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 5.86% mean?
Harris Technology Group (ASX:HT8) has a ROC (Joel Greenblatt) % of 5.86% 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 Harris Technology Group and its competitors. According to the industry distribution chart, Harris Technology Group ranks #980 out of 1123 companies in the Retail - Cyclical industry, placing it in the top 87.3%.
Is Harris Technology Group's ROC (Joel Greenblatt) % too high?
Harris Technology Group's current ROC (Joel Greenblatt) % is 5.86%. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.57. Harris Technology Group's value of 5.86% is 49.4% below this industry median. Based on the distribution chart, Harris Technology Group ranks #980 out of 1123 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers.
How does Harris Technology Group's ROC (Joel Greenblatt) % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Harris Technology Group ranks #980 out of 1123 companies for ROC (Joel Greenblatt) %. This places Harris Technology Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.57. Harris Technology Group's value of 5.86% is 49.4% below 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 a Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.57, based on 1,123 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. Harris Technology Group's current ROC (Joel Greenblatt) % of 5.86% is 49.4% 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 Harris Technology Group and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harris Technology Group's current ROC (Joel Greenblatt) % is 5.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harris Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Harris Technology Group (ASX:HT8) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.02 — trading 100% above its estimated fair value. The current ROC (Joel Greenblatt) % is 5.86% and 49.4% below the Retail - Cyclical industry median of 11.57. 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 Harris Technology Group (ASX:HT8), the current ROC (Joel Greenblatt) % is 5.86% 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.

Harris Technology Group Business Description

Address 124 Abbott Road, Hallam, Melbourne, VIC, AUS, 3803
Harris Technology Group Ltd operates as a technology product distributor and online retailer, serving small and medium businesses in Australia. Its product range includes computers, networking equipment, servers, storage devices, printing supplies, and software licenses. The company generates revenue by selling technology products through its online platforms on various marketplaces. It focuses on online sales without operating physical retail stores and supports products from manufacturers of different countries shipped directly to customers or local inventories. Geographically, it operates in Australia.