MT Hojgaard Holding ASCHIX:MTHHC 83 ROC (Joel Greenblatt) % is 66.67% as of Mar. 2026, which is 350% above its 10-year median of 14.82. GuruFocus rates CHIX:MTHHC with a GF Score™ of 83/100 and a GF Value™ of kr219.59. The stock has 2 warning signs investors should review. Among 1,776 Construction companies, MT Hojgaard Holding AS ranks better than 87.16% 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. MT Hojgaard Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 66.67%.
The historical rank and industry rank for MT Hojgaard Holding AS's ROC (Joel Greenblatt) % or its related term are showing as below:
CHIX:MTHHc'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -47.47 Med: 14.82 Max: 124.54
Current: 94.07
During the past 13 years, MT Hojgaard Holding AS's highest ROC (Joel Greenblatt) % was 124.54%. The lowest was -47.47%. And the median was 14.82%.
CHIX:MTHHc's ROC (Joel Greenblatt) % is ranked better than 87.16% of 1776
companies
in the Construction industry
Industry Median: 19.375
vs CHIX:MTHHc: 94.07
MT Hojgaard Holding AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 102.40% per year.
MT Hojgaard Holding AS (CHIX:MTHHc) 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.
MT Hojgaard Holding AS ROC (Joel Greenblatt) % Related Terms
MT Hojgaard Holding AS ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for MT Hojgaard Holding AS'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.
MT Hojgaard Holding AS ROC (Joel Greenblatt) % Chart
CHIX:MTHHC vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, MT Hojgaard Holding AS'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.
MT Hojgaard Holding AS ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, MT Hojgaard Holding AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MT Hojgaard Holding AS's ROC (Joel Greenblatt) % falls into.
MT Hojgaard Holding AS 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 66.67% mean?
MT Hojgaard Holding AS (CHIX:MTHHC) has a ROC (Joel Greenblatt) % of 66.67% 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 MT Hojgaard Holding AS and its competitors. This is 350% above median its historical median of 14.82. According to the industry distribution chart, MT Hojgaard Holding AS ranks #228 out of 1776 companies in the Construction industry, placing it in the top 12.8%.
Is MT Hojgaard Holding AS's ROC (Joel Greenblatt) % too high?
MT Hojgaard Holding AS's current ROC (Joel Greenblatt) % of 66.67% is 350% above median its 10-year median of 14.82. The Construction industry median ROC (Joel Greenblatt) % is 19.38. MT Hojgaard Holding AS's value of 66.67% is 244.1% above this industry median. Based on the distribution chart, MT Hojgaard Holding AS ranks #228 out of 1776 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, MT Hojgaard Holding AS has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does MT Hojgaard Holding AS's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, MT Hojgaard Holding AS ranks #228 out of 1776 companies for ROC (Joel Greenblatt) %. This places MT Hojgaard Holding AS in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.38. MT Hojgaard Holding AS's value of 66.67% is 244.1% above this benchmark. While the company's 10-year median is 14.82 vs. the industry median of 19.38, MT Hojgaard Holding AS 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.38, based on 1,776 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. MT Hojgaard Holding AS's current ROC (Joel Greenblatt) % of 66.67% is 244.1% 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 MT Hojgaard Holding AS and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MT Hojgaard Holding AS's current ROC (Joel Greenblatt) % is 66.67%, which is 350% above median its own 10-year median of 14.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MT Hojgaard Holding AS stock overvalued right now?
MT Hojgaard Holding AS (CHIX:MTHHC) has a current ROC (Joel Greenblatt) % of 66.67%. The stock's GF Value™ is kr219.59, compared to a current price of kr277.00 — trading 26.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 66.67%, which is 350% above median its 10-year median of 14.82 and 244.1% above the Construction industry median of 19.38. MT Hojgaard Holding AS's overall GF Score™ is 83/100 with 2 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 MT Hojgaard Holding AS (CHIX:MTHHC), the current ROC (Joel Greenblatt) % is 66.67% 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 MT Hojgaard Holding AS (CHIX:MTHHC) Overvalued in 2026?
Based on GuruFocus' analysis, MT Hojgaard Holding AS stock appears to be overvalued.
The current stock price of kr277.00 is trading 26.1% above its estimated GF Value™ of kr219.59.
Key valuation signals for CHIX:MTHHC:
ROC (Joel Greenblatt) %: 66.67% (350% above median its 10-year median of 14.82)
GF Value™: kr219.59 vs. price of kr277.00 (26.1% above fair value)
Industry Position: 244.1% above the Construction median (#228 of 1776)
No single metric tells the full story. See the CHIX:MTHHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MT Hojgaard Holding AS is engaged in developing, planning, and executing projects within new builds, civil engineering, infrastructure, refurbishment, and building transformation. The group's construction contracts comprise the construction of construction and civil engineering projects for private and public customers. The company derives revenue from Construction contracts, the Sale of land and buildings, and Services. Geographically, it operates in Denmark and the Rest of the world.
83GF Score
Get the complete analysis for CHIX:MTHHC
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:MTHHC has been successfully added to your 
