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Millworks TechnologiesBOM:544826 +4.33%22 ROC (Joel Greenblatt) % is 98.41% as of Mar. 2026, which is 94% above its 10-year median of 50.80. GuruFocus rates BOM:544826 with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 3,072 Industrial Products companies, Millworks Technologies ranks better than 96.45% 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. Millworks Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 98.41%.
The historical rank and industry rank for Millworks Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:544826'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 17.13 Med: 50.8 Max: 98.41
Current: 98.41
During the past 4 years, Millworks Technologies's highest ROC (Joel Greenblatt) % was 98.41%. The lowest was 17.13%. And the median was 50.80%.
BOM:544826's ROC (Joel Greenblatt) % is ranked better than 96.45% of 3072
companies
in the Industrial Products industry
Industry Median: 11.925
vs BOM:544826: 98.41
Millworks Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
Millworks Technologies ROC (Joel Greenblatt) % Related Terms
Millworks Technologies ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Millworks Technologies'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.
BOM:544826 vs ATI, CRS, MLI: ROC (Joel Greenblatt) % Comparison
For the Metal Fabrication subindustry, Millworks Technologies'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.
Millworks Technologies ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Millworks Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Millworks Technologies'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 one times the annual (Mar. 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 98.41% mean?
Millworks Technologies (BOM:544826) has a ROC (Joel Greenblatt) % of 98.41% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Millworks Technologies and its competitors. This is 94% above median its historical median of 50.80. Over the past decade, Millworks Technologies' ROC (Joel Greenblatt) % has ranged from 17.13 to 98.41. According to the industry distribution chart, Millworks Technologies ranks #109 out of 3072 companies in the Industrial Products industry, placing it in the top 3.5%.
Is Millworks Technologies' ROC (Joel Greenblatt) % too high?
Millworks Technologies' current ROC (Joel Greenblatt) % of 98.41% is 94% above median its 10-year median of 50.80. Over the past 10 years, this metric has ranged from a low of 17.13 to a high of 98.41. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.93. Millworks Technologies' value of 98.41% is 725.2% above this industry median. Based on the distribution chart, Millworks Technologies ranks #109 out of 3072 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Millworks Technologies has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Millworks Technologies' ROC (Joel Greenblatt) % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Millworks Technologies ranks #109 out of 3072 companies for ROC (Joel Greenblatt) %. This places Millworks Technologies in the top 4% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.93. Millworks Technologies' value of 98.41% is 725.2% above this benchmark. Historically, Millworks Technologies' own ROC (Joel Greenblatt) % has ranged from 17.13 to 98.41 over the past decade. While the company's 10-year median is 50.80 vs. the industry median of 11.93, Millworks Technologies 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.93, based on 3,072 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. Millworks Technologies's current ROC (Joel Greenblatt) % of 98.41% is 725.2% 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 Millworks Technologies and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millworks Technologies's current ROC (Joel Greenblatt) % is 98.41%, which is 94% above median its own 10-year median of 50.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millworks Technologies stock overvalued right now?
Millworks Technologies (BOM:544826) has a current ROC (Joel Greenblatt) % of 98.41%. The current ROC (Joel Greenblatt) % is 98.41%, which is 94% above median its 10-year median of 50.80 and 725.2% above the Industrial Products industry median of 11.93. Millworks Technologies' overall GF Score™ is 22/100 with 4 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 Millworks Technologies (BOM:544826), the current ROC (Joel Greenblatt) % is 98.41% as of Mar. 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.
AddressNo.458/1, 10th a Cross, Phase-4, Peenya Industrial Area, Near Brundavan Bus Stop, Peenya Small Industries, Bangalore north, Bangalore, KA, IND, 560058
Millworks Technologies Ltd is a precision engineering company engaged in the manufacture of machined components, sheet metal parts, and integrated assemblies used in applications across the railways, aerospace, defence, and semiconductor sectors. Its product offerings include various Aero Engine Parts, Train Door Parts, Automation Machinery, etc. The majority of revenue is derived from the sale of its products to the Defence sector.
22GF Score
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