Mayfield Group HoldingsASX:MYG -5.43%75 ROC (Joel Greenblatt) % is 67.38% as of Dec. 2025, which is 316% above its 10-year median of 16.19. GuruFocus rates ASX:MYG with a GF Score™ of 75/100 and a GF Value™ of A$1.41 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,487 Hardware companies, Mayfield Group Holdings ranks better than 91.48% 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. Mayfield Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 67.38%.
The historical rank and industry rank for Mayfield Group Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:MYG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2098.82 Med: 16.19 Max: 1010.03
Current: 67.99
During the past 13 years, Mayfield Group Holdings's highest ROC (Joel Greenblatt) % was 1010.03%. The lowest was -2098.82%. And the median was 16.19%.
ASX:MYG's ROC (Joel Greenblatt) % is ranked better than 91.48% of 2487
companies
in the Hardware industry
Industry Median: 10.44
vs ASX:MYG: 67.99
Mayfield Group Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Mayfield Group Holdings (ASX:MYG) 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.
Mayfield Group Holdings ROC (Joel Greenblatt) % Related Terms
Mayfield Group Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Mayfield Group Holdings'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.
Mayfield Group Holdings ROC (Joel Greenblatt) % Chart
ASX:MYG vs CSCO, CIEN, MSI: ROC (Joel Greenblatt) % Comparison
For the Communication Equipment subindustry, Mayfield Group Holdings'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.
Mayfield Group Holdings ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Mayfield Group Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mayfield Group Holdings's ROC (Joel Greenblatt) % falls into.
Mayfield Group Holdings 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 67.38% mean?
Mayfield Group Holdings (ASX:MYG) has a ROC (Joel Greenblatt) % of 67.38% 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 Mayfield Group Holdings and its competitors. This is 316% above median its historical median of 16.19. According to the industry distribution chart, Mayfield Group Holdings ranks #212 out of 2487 companies in the Hardware industry, placing it in the top 8.5%.
Is Mayfield Group Holdings' ROC (Joel Greenblatt) % too high?
Mayfield Group Holdings' current ROC (Joel Greenblatt) % of 67.38% is 316% above median its 10-year median of 16.19. The Hardware industry median ROC (Joel Greenblatt) % is 10.44. Mayfield Group Holdings' value of 67.38% is 545.4% above this industry median. Based on the distribution chart, Mayfield Group Holdings ranks #212 out of 2487 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Mayfield Group Holdings has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mayfield Group Holdings' ROC (Joel Greenblatt) % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Mayfield Group Holdings ranks #212 out of 2487 companies for ROC (Joel Greenblatt) %. This places Mayfield Group Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.44. Mayfield Group Holdings' value of 67.38% is 545.4% above this benchmark. While the company's 10-year median is 16.19 vs. the industry median of 10.44, Mayfield Group Holdings 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.44, based on 2,487 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. Mayfield Group Holdings's current ROC (Joel Greenblatt) % of 67.38% is 545.4% 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 Mayfield Group Holdings and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayfield Group Holdings's current ROC (Joel Greenblatt) % is 67.38%, which is 316% above median its own 10-year median of 16.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayfield Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mayfield Group Holdings (ASX:MYG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.41, compared to a current price of A$2.61 — trading 85.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 67.38%, which is 316% above median its 10-year median of 16.19 and 545.4% above the Hardware industry median of 10.44. Mayfield Group Holdings' overall GF Score™ is 75/100 with 1 warning sign 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 Mayfield Group Holdings (ASX:MYG), the current ROC (Joel Greenblatt) % is 67.38% 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 Mayfield Group Holdings (ASX:MYG) Overvalued in 2026?
Based on GuruFocus' analysis, Mayfield Group Holdings stock appears to be overvalued.
The current stock price of A$2.61 is trading 85.1% above its estimated GF Value™ of A$1.41.
GuruFocus considers Mayfield Group Holdings to be Significantly Overvalued.
Key valuation signals for ASX:MYG:
ROC (Joel Greenblatt) %: 67.38% (316% above median its 10-year median of 16.19)
GF Value™: A$1.41 vs. price of A$2.61 (85.1% above fair value)
Industry Position: 545.4% above the Hardware median (#212 of 2487)
No single metric tells the full story. See the ASX:MYG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mayfield Group Holdings Ltd participates in the electrical and telecommunications infrastructure industry, providing products and services for every stage of the lifecycle. Its principal activities include manufacturing of switchboards, transportable switchrooms and electrical protection panels; provision of telecommunications and power quality solutions and services; and supply of power quality solutions and maintenance of electrical and telecommunication infrastructure. The majority of the group's revenue is derived from the sale of manufactured products. It operates mainly in one operating segment, namely electrical and telecommunications infrastructure, and one geographical segment, namely Australia.
75GF Score
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