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KRN Heat Exchanger and RefrigerationBOM:544263 -1.96%49 ROC (Joel Greenblatt) % is 25.40% as of Jun. 2026, which is 18% below its 10-year median of 31.06. GuruFocus rates BOM:544263 with a GF Score™ of 49/100. The stock has 8 warning signs investors should review. Among 2,489 Hardware companies, KRN Heat Exchanger and Refrigeration ranks better than 67.94% 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. KRN Heat Exchanger and Refrigeration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 25.40%.
The historical rank and industry rank for KRN Heat Exchanger and Refrigeration's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:544263'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.29 Med: 31.06 Max: 75.41
Current: 22.78
During the past 6 years, KRN Heat Exchanger and Refrigeration's highest ROC (Joel Greenblatt) % was 75.41%. The lowest was 15.29%. And the median was 31.06%.
BOM:544263's ROC (Joel Greenblatt) % is ranked better than 67.94% of 2489
companies
in the Hardware industry
Industry Median: 11.62
vs BOM:544263: 22.78
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.
* 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.
KRN Heat Exchanger and Refrigeration ROC (Joel Greenblatt) % Chart
BOM:544263 vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison
For the Electronic Components subindustry, KRN Heat Exchanger and Refrigeration'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.
KRN Heat Exchanger and Refrigeration ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, KRN Heat Exchanger and Refrigeration's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where KRN Heat Exchanger and Refrigeration's ROC (Joel Greenblatt) % falls into.
KRN Heat Exchanger and Refrigeration 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 four times the quarterly (Jun. 2026) 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 25.40% mean?
KRN Heat Exchanger and Refrigeration (BOM:544263) has a ROC (Joel Greenblatt) % of 25.40% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on KRN Heat Exchanger and Refrigeration and its competitors. This is 18% below median its historical median of 31.06. Over the past decade, KRN Heat Exchanger and Refrigeration's ROC (Joel Greenblatt) % has ranged from 15.29 to 75.41. According to the industry distribution chart, KRN Heat Exchanger and Refrigeration ranks #798 out of 2489 companies in the Hardware industry, placing it in the top 32.1%.
Is KRN Heat Exchanger and Refrigeration's ROC (Joel Greenblatt) % too high?
KRN Heat Exchanger and Refrigeration's current ROC (Joel Greenblatt) % of 25.40% is 18% below median its 10-year median of 31.06. Over the past 10 years, this metric has ranged from a low of 15.29 to a high of 75.41. The Hardware industry median ROC (Joel Greenblatt) % is 11.62. KRN Heat Exchanger and Refrigeration's value of 25.40% is 118.6% above this industry median. Based on the distribution chart, KRN Heat Exchanger and Refrigeration ranks #798 out of 2489 companies in the Hardware industry, which is above the industry midpoint. Overall, KRN Heat Exchanger and Refrigeration has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does KRN Heat Exchanger and Refrigeration's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, KRN Heat Exchanger and Refrigeration ranks #798 out of 2489 companies for ROC (Joel Greenblatt) %. This puts KRN Heat Exchanger and Refrigeration in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.62. KRN Heat Exchanger and Refrigeration's value of 25.40% is 118.6% above this benchmark. Historically, KRN Heat Exchanger and Refrigeration's own ROC (Joel Greenblatt) % has ranged from 15.29 to 75.41 over the past decade. While the company's 10-year median is 31.06 vs. the industry median of 11.62, KRN Heat Exchanger and Refrigeration 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 11.62, based on 2,489 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. KRN Heat Exchanger and Refrigeration's current ROC (Joel Greenblatt) % of 25.40% is 118.6% 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 KRN Heat Exchanger and Refrigeration and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 11.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KRN Heat Exchanger and Refrigeration's current ROC (Joel Greenblatt) % is 25.40%, which is 18% below median its own 10-year median of 31.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KRN Heat Exchanger and Refrigeration stock overvalued right now?
KRN Heat Exchanger and Refrigeration (BOM:544263) has a current ROC (Joel Greenblatt) % of 25.40%. The current ROC (Joel Greenblatt) % is 25.40%, which is 18% below median its 10-year median of 31.06 and 118.6% above the Hardware industry median of 11.62. KRN Heat Exchanger and Refrigeration's overall GF Score™ is 49/100 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 KRN Heat Exchanger and Refrigeration (BOM:544263), the current ROC (Joel Greenblatt) % is 25.40% as of Jun. 2026. 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.
KRN Heat Exchanger and Refrigeration Ltd manufacture fin and tube-type heat exchangers for the Heat Ventilation Air Conditioning and Refrigeration Industry. Heat exchangers manufactured by the company are made of non-ferrous metals, Copper and Aluminium. Its product range includes condenser coils, evaporator units, evaporator coils, header/copper parts, fluid and steam coils and sheet metal parts. The diameter of the heat exchanger tubes it produces ranges from 5MM to 15.88 MM. The company's products are well suited for a wide range of air conditioning, heating and ventilation, refrigeration and process cooling applications.
49GF Score
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