MEKO ABCHIX:MEKOS 69 ROC (Joel Greenblatt) % is 11.12% as of Mar. 2026, which is 51% below its 10-year median of 22.59. GuruFocus rates CHIX:MEKOS with a GF Score™ of 69/100 and a GF Value™ of kr122.55 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,336 Vehicles & Parts companies, MEKO AB ranks worse than 64.3% 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. MEKO AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.12%.
The historical rank and industry rank for MEKO AB's ROC (Joel Greenblatt) % or its related term are showing as below:
CHIX:MEKOs'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7 Med: 22.59 Max: 59.96
Current: 7
During the past 13 years, MEKO AB's highest ROC (Joel Greenblatt) % was 59.96%. The lowest was 7.00%. And the median was 22.59%.
CHIX:MEKOs's ROC (Joel Greenblatt) % is ranked worse than 64.3% of 1336
companies
in the Vehicles & Parts industry
Industry Median: 11.99
vs CHIX:MEKOs: 7.00
MEKO AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.60% per year.
MEKO AB (CHIX:MEKOs) 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.
The historical data trend for MEKO 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:MEKOS vs ORLY, AZO, GPC: ROC (Joel Greenblatt) % Comparison
For the Auto Parts subindustry, MEKO 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.
MEKO AB ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, MEKO AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MEKO AB'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 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 11.12% mean?
MEKO AB (CHIX:MEKOS) has a ROC (Joel Greenblatt) % of 11.12% 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 MEKO AB and its competitors. This is 51% below median its historical median of 22.59. Over the past decade, MEKO AB's ROC (Joel Greenblatt) % has ranged from 7.00 to 59.96. According to the industry distribution chart, MEKO AB ranks #859 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 64.3%.
Is MEKO AB's ROC (Joel Greenblatt) % too high?
MEKO AB's current ROC (Joel Greenblatt) % of 11.12% is 51% below median its 10-year median of 22.59. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 59.96. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.99. MEKO AB's value of 11.12% is 7.3% below this industry median. Based on the distribution chart, MEKO AB ranks #859 out of 1336 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, MEKO AB has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MEKO AB's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MEKO AB ranks #859 out of 1336 companies for ROC (Joel Greenblatt) %. This places MEKO AB in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. MEKO AB's value of 11.12% is 7.3% below this benchmark. Historically, MEKO AB's own ROC (Joel Greenblatt) % has ranged from 7.00 to 59.96 over the past decade. While the company's 10-year median is 22.59 vs. the industry median of 11.99, MEKO 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 a Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 11.99, based on 1,336 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. MEKO AB's current ROC (Joel Greenblatt) % of 11.12% is 7.3% 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 MEKO AB and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEKO AB's current ROC (Joel Greenblatt) % is 11.12%, which is 51% below median its own 10-year median of 22.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEKO AB stock overvalued right now?
Based on GuruFocus' analysis, MEKO AB (CHIX:MEKOS) is currently considered Possible Value Trap. The stock's GF Value™ is kr122.55, compared to a current price of kr79.53 — trading 35.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 11.12%, which is 51% below median its 10-year median of 22.59 and 7.3% below the Vehicles & Parts industry median of 11.99. MEKO AB's overall GF Score™ is 69/100 with 6 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 MEKO AB (CHIX:MEKOS), the current ROC (Joel Greenblatt) % is 11.12% 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 MEKO AB (CHIX:MEKOS) Overvalued in 2026?
Based on GuruFocus' analysis, MEKO AB stock appears to be undervalued.
The current stock price of kr79.53 is trading 35.1% below its estimated GF Value™ of kr122.55.
GuruFocus considers MEKO AB to be Possible Value Trap.
Key valuation signals for CHIX:MEKOS:
ROC (Joel Greenblatt) %: 11.12% (51% below median its 10-year median of 22.59)
GF Value™: kr122.55 vs. price of kr79.53 (35.1% below fair value)
Industry Position: 7.3% below the Vehicles & Parts median (#859 of 1336)
No single metric tells the full story. See the CHIX:MEKOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MEKO AB functions in the car aftermarket, operating car service chains, and wholesale operations. The company offers spare parts and accessories to affiliated workshops, other workshops, other business-to-business customers, and car owners. The company conducts business through segments: Denmark, Finland, Poland/the Baltics, Sweden/Norway, and Sorensen og Balchen (Norway). It generates maximum revenue from Sweden/Norway. The Affiliated workshops of the company operate under the company's brands: BilXtra, MECA, Mekonomen BFTZ, Fixus, Inter-Team, among others.
69GF Score
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