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Hargreaves ServicesCHIX:HSPL -0.76%54 ROC (Joel Greenblatt) % is 30.21% as of Nov. 2025, which is 97% above its 10-year median of 15.30. GuruFocus rates CHIX:HSPL with a GF Score™ of 54/100 and a GF Value™ of £8.56 (Fairly Valued). The stock has 7 warning signs investors should review. Among 563 Conglomerates companies, Hargreaves Services ranks better than 66.61% 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. Hargreaves Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 was 30.21%.
The historical rank and industry rank for Hargreaves Services's ROC (Joel Greenblatt) % or its related term are showing as below:
CHIX:HSPl'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -15.26 Med: 15.3 Max: 41.11
Current: 26.54
During the past 13 years, Hargreaves Services's highest ROC (Joel Greenblatt) % was 41.11%. The lowest was -15.26%. And the median was 15.30%.
CHIX:HSPl's ROC (Joel Greenblatt) % is ranked better than 66.61% of 563
companies
in the Conglomerates industry
Industry Median: 14.68
vs CHIX:HSPl: 26.54
Hargreaves Services's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 25.80% 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.
Hargreaves Services ROC (Joel Greenblatt) % Related Terms
Hargreaves Services ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Hargreaves Services'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:HSPL vs HON, MMM: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Hargreaves Services'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.
Hargreaves Services ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Hargreaves Services's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hargreaves Services'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 two times the semi-annual (Nov. 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 30.21% mean?
Hargreaves Services (CHIX:HSPL) has a ROC (Joel Greenblatt) % of 30.21% as of Nov. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Hargreaves Services and its competitors. This is 97% above median its historical median of 15.30. According to the industry distribution chart, Hargreaves Services ranks #188 out of 563 companies in the Conglomerates industry, placing it in the top 33.4%.
Is Hargreaves Services' ROC (Joel Greenblatt) % too high?
Hargreaves Services' current ROC (Joel Greenblatt) % of 30.21% is 97% above median its 10-year median of 15.30. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.68. Hargreaves Services' value of 30.21% is 105.8% above this industry median. Based on the distribution chart, Hargreaves Services ranks #188 out of 563 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Hargreaves Services has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hargreaves Services' ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Hargreaves Services ranks #188 out of 563 companies for ROC (Joel Greenblatt) %. This puts Hargreaves Services in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.68. Hargreaves Services' value of 30.21% is 105.8% above this benchmark. While the company's 10-year median is 15.30 vs. the industry median of 14.68, Hargreaves Services 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.68, based on 563 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. Hargreaves Services's current ROC (Joel Greenblatt) % of 30.21% is 105.8% 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 Hargreaves Services and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hargreaves Services's current ROC (Joel Greenblatt) % is 30.21%, which is 97% above median its own 10-year median of 15.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hargreaves Services stock overvalued right now?
Based on GuruFocus' analysis, Hargreaves Services (CHIX:HSPL) is currently considered Fairly Valued. The stock's GF Value™ is £8.56, compared to a current price of £7.88 — trading 7.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 30.21%, which is 97% above median its 10-year median of 15.30 and 105.8% above the Conglomerates industry median of 14.68. Hargreaves Services' overall GF Score™ is 54/100 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 Hargreaves Services (CHIX:HSPL), the current ROC (Joel Greenblatt) % is 30.21% as of Nov. 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 Hargreaves Services (CHIX:HSPL) Overvalued in 2026?
Based on GuruFocus' analysis, Hargreaves Services stock appears to be undervalued.
The current stock price of £7.88 is trading 7.9% below its estimated GF Value™ of £8.56.
GuruFocus considers Hargreaves Services to be Fairly Valued.
Key valuation signals for CHIX:HSPL:
ROC (Joel Greenblatt) %: 30.21% (97% above median its 10-year median of 15.30)
GF Value™: £8.56 vs. price of £7.88 (7.9% below fair value)
Industry Position: 105.8% above the Conglomerates median (#188 of 563)
No single metric tells the full story. See the CHIX:HSPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hargreaves Services PLC delivers projects and services in the infrastructure, energy, and property sectors, supporting key industries within the UK and South East Asia. The company's business segments are Services; Hargreaves Land; Unallocated and Hargreaves Raw Materials Services. It generates maximum revenue from the Services segment. The Services segment provides materials handling, mechanical and electrical engineering, land restoration, logistics and bulk earthmoving into the energy, environmental, infrastructure and industrial sectors.
54GF Score
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