Ferronordic ABCHIX:FNMS 83 ROC (Joel Greenblatt) % is 7.90% as of Mar. 2026, which is 75% below its 10-year median of 31.71. GuruFocus rates CHIX:FNMS with a GF Score™ of 83/100 and a GF Value™ of kr47.51. The stock has 7 warning signs investors should review. Among 156 Industrial Distribution companies, Ferronordic AB ranks worse than 82.05% 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. Ferronordic AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.90%.
The historical rank and industry rank for Ferronordic AB's ROC (Joel Greenblatt) % or its related term are showing as below:
CHIX:FNMs'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.01 Med: 31.71 Max: 108.11
Current: 2.43
During the past 13 years, Ferronordic AB's highest ROC (Joel Greenblatt) % was 108.11%. The lowest was -14.01%. And the median was 31.71%.
CHIX:FNMs's ROC (Joel Greenblatt) % is ranked worse than 82.05% of 156
companies
in the Industrial Distribution industry
Industry Median: 14.98
vs CHIX:FNMs: 2.43
Ferronordic AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Ferronordic AB (CHIX:FNMs) 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.
Ferronordic AB ROC (Joel Greenblatt) % Related Terms
Ferronordic AB ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Ferronordic AB'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.
CHIX:FNMS vs GWW, FAST, FERG: ROC (Joel Greenblatt) % Comparison
For the Industrial Distribution subindustry, Ferronordic AB'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.
Ferronordic AB ROC (Joel Greenblatt) % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Ferronordic AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ferronordic AB's ROC (Joel Greenblatt) % falls into.
Ferronordic AB 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 (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 7.90% mean?
Ferronordic AB (CHIX:FNMS) has a ROC (Joel Greenblatt) % of 7.90% 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 Ferronordic AB and its competitors. This is 75% below median its historical median of 31.71. According to the industry distribution chart, Ferronordic AB ranks #128 out of 156 companies in the Industrial Distribution industry, placing it in the top 82.1%.
Is Ferronordic AB's ROC (Joel Greenblatt) % too high?
Ferronordic AB's current ROC (Joel Greenblatt) % of 7.90% is 75% below median its 10-year median of 31.71. The Industrial Distribution industry median ROC (Joel Greenblatt) % is 14.98. Ferronordic AB's value of 7.90% is 47.3% below this industry median. Based on the distribution chart, Ferronordic AB ranks #128 out of 156 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Ferronordic AB has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Ferronordic AB's ROC (Joel Greenblatt) % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ferronordic AB ranks #128 out of 156 companies for ROC (Joel Greenblatt) %. This places Ferronordic AB in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 14.98. Ferronordic AB's value of 7.90% is 47.3% below this benchmark. While the company's 10-year median is 31.71 vs. the industry median of 14.98, Ferronordic AB has consistently been below 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 Distribution company?
The median ROC (Joel Greenblatt) % among Industrial Distribution companies is 14.98, based on 156 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. Ferronordic AB's current ROC (Joel Greenblatt) % of 7.90% is 47.3% 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 Ferronordic AB and its competitors. For the Industrial Distribution industry, the median ROC (Joel Greenblatt) % is 14.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferronordic AB's current ROC (Joel Greenblatt) % is 7.90%, which is 75% below median its own 10-year median of 31.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferronordic AB stock overvalued right now?
Ferronordic AB (CHIX:FNMS) has a current ROC (Joel Greenblatt) % of 7.90%. The stock's GF Value™ is kr47.51, compared to a current price of kr45.90 — trading 3.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.90%, which is 75% below median its 10-year median of 31.71 and 47.3% below the Industrial Distribution industry median of 14.98. Ferronordic AB's overall GF Score™ is 83/100 with 7 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 Ferronordic AB (CHIX:FNMS), the current ROC (Joel Greenblatt) % is 7.90% 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.
Is Ferronordic AB (CHIX:FNMS) Overvalued in 2026?
Based on GuruFocus' analysis, Ferronordic AB stock appears to be undervalued.
The current stock price of kr45.90 is trading 3.4% below its estimated GF Value™ of kr47.51.
Key valuation signals for CHIX:FNMS:
ROC (Joel Greenblatt) %: 7.90% (75% below median its 10-year median of 31.71)
GF Value™: kr47.51 vs. price of kr45.90 (3.4% below fair value)
Industry Position: 47.3% below the Industrial Distribution median (#128 of 156)
No single metric tells the full story. See the CHIX:FNMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ferronordic AB is engaged in the sales, rents, and services of construction equipment and other machinery. The company is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac, and Rottne and has also been appointed as an aftermarket dealer for Volvo and Renault Trucks and a dealer for Volvo Penta. The group has three reporting segments: USA, Germany and Kazakhstan. The majority of the revenue is generated from the USA segment.
83GF Score
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