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. Rias AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -9.65%.
The historical rank and industry rank for Rias AS's ROC (Joel Greenblatt) % or its related term are showing as below:
CHIX:RIASBc'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.29 Med: 12.34 Max: 19.1
Current: 4.29
During the past 13 years, Rias AS's highest ROC (Joel Greenblatt) % was 19.10%. The lowest was 4.29%. And the median was 12.34%.
CHIX:RIASBc's ROC (Joel Greenblatt) % is ranked worse than 64.71% of 408
companies
in the Building Materials industry
Industry Median: 8.6
vs CHIX:RIASBc: 4.29
Rias AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.90% per year.
Rias AS (CHIX:RIASBc) 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 Rias 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.
CHIX:RIASBC vs CRH, VMC, MLM: ROC (Joel Greenblatt) % Comparison
For the Building Materials subindustry, Rias 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.
Rias AS ROC (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Rias AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Rias AS'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 (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 -9.65% mean?
Rias AS (CHIX:RIASBC) has a ROC (Joel Greenblatt) % of -9.65% 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 Rias AS and its competitors. Over the past decade, Rias AS's ROC (Joel Greenblatt) % has ranged from 4.29 to 19.10. According to the industry distribution chart, Rias AS ranks #264 out of 408 companies in the Building Materials industry, placing it in the top 64.7%.
Is Rias AS's ROC (Joel Greenblatt) % too high?
Rias AS's current ROC (Joel Greenblatt) % is -9.65%. Over the past 10 years, this metric has ranged from a low of 4.29 to a high of 19.10. Based on the distribution chart, Rias AS ranks #264 out of 408 companies in the Building Materials industry, which is below the industry midpoint. Overall, Rias AS has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Rias AS's ROC (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Rias AS ranks #264 out of 408 companies for ROC (Joel Greenblatt) %. This places Rias AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.60. Historically, Rias AS's own ROC (Joel Greenblatt) % has ranged from 4.29 to 19.10 over the past decade. 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 Building Materials company?
The median ROC (Joel Greenblatt) % among Building Materials companies is 8.60, based on 408 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. 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 Rias AS and its competitors. For the Building Materials industry, the median ROC (Joel Greenblatt) % is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rias AS's current ROC (Joel Greenblatt) % is -9.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rias AS stock overvalued right now?
Rias AS (CHIX:RIASBC) has a current ROC (Joel Greenblatt) % of -9.65%. The stock's GF Value™ is kr427.78, compared to a current price of kr464.00 — trading 8.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is -9.65%. Rias AS's overall GF Score™ is 71/100 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 Rias AS (CHIX:RIASBC), the current ROC (Joel Greenblatt) % is -9.65% 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 Rias AS (CHIX:RIASBC) Overvalued in 2026?
Based on GuruFocus' analysis, Rias AS stock appears to be overvalued.
The current stock price of kr464.00 is trading 8.5% above its estimated GF Value™ of kr427.78.
Key valuation signals for CHIX:RIASBC:
ROC (Joel Greenblatt) %: -9.65%
GF Value™: kr427.78 vs. price of kr464.00 (8.5% above fair value)
No single metric tells the full story. See the CHIX:RIASBC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rias AS distributes semi-manufactured plastic products for building and construction work, as well as the industry and public sector in Scandinavia. It operates through the construction and industry product sectors. The company has one operating segment and operates within two product areas, which are the Sale, processing, and distribution of semi-finished plastic products to all branches of the building and construction sector. (Construction) and the Sale, processing, and distribution of semi-finished plastic products to industry and the public sector. Key revenue is generated from domestic sales. Geographically located in Denmark, Sweden, and Other Countries. Maximum revenue is from Denmark.
71GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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