Thermador GroupeCHIX:THEPP 89 ROC (Joel Greenblatt) % is 23.38% as of Dec. 2025, which is 19% below its 10-year median of 28.92. GuruFocus rates CHIX:THEPP with a GF Score™ of 89/100 and a GF Value™ of €79.88. The stock has 6 warning signs investors should review. Among 156 Industrial Distribution companies, Thermador Groupe ranks better than 67.95% 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. Thermador Groupe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 23.38%.
The historical rank and industry rank for Thermador Groupe's ROC (Joel Greenblatt) % or its related term are showing as below:
CHIX:THEPp'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 23.18 Med: 28.92 Max: 36.78
Current: 23.63
During the past 13 years, Thermador Groupe's highest ROC (Joel Greenblatt) % was 36.78%. The lowest was 23.18%. And the median was 28.92%.
CHIX:THEPp's ROC (Joel Greenblatt) % is ranked better than 67.95% of 156
companies
in the Industrial Distribution industry
Industry Median: 14.98
vs CHIX:THEPp: 23.63
Thermador Groupe's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.10% per year.
Thermador Groupe (CHIX:THEPp) 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.
Thermador Groupe ROC (Joel Greenblatt) % Related Terms
Thermador Groupe ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Thermador Groupe'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:THEPP vs GWW, FAST, FERG: ROC (Joel Greenblatt) % Comparison
For the Industrial Distribution subindustry, Thermador Groupe'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.
Thermador Groupe ROC (Joel Greenblatt) % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Thermador Groupe's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Thermador Groupe's ROC (Joel Greenblatt) % falls into.
Thermador Groupe 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 two times the semi-annual (Dec. 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 23.38% mean?
Thermador Groupe (CHIX:THEPP) has a ROC (Joel Greenblatt) % of 23.38% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Thermador Groupe and its competitors. This is 19% below median its historical median of 28.92. Over the past decade, Thermador Groupe's ROC (Joel Greenblatt) % has ranged from 23.18 to 36.78. According to the industry distribution chart, Thermador Groupe ranks #50 out of 156 companies in the Industrial Distribution industry, placing it in the top 32.1%.
Is Thermador Groupe's ROC (Joel Greenblatt) % too high?
Thermador Groupe's current ROC (Joel Greenblatt) % of 23.38% is 19% below median its 10-year median of 28.92. Over the past 10 years, this metric has ranged from a low of 23.18 to a high of 36.78. The Industrial Distribution industry median ROC (Joel Greenblatt) % is 14.98. Thermador Groupe's value of 23.38% is 56.1% above this industry median. Based on the distribution chart, Thermador Groupe ranks #50 out of 156 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Thermador Groupe has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Thermador Groupe's ROC (Joel Greenblatt) % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Thermador Groupe ranks #50 out of 156 companies for ROC (Joel Greenblatt) %. This puts Thermador Groupe in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.98. Thermador Groupe's value of 23.38% is 56.1% above this benchmark. Historically, Thermador Groupe's own ROC (Joel Greenblatt) % has ranged from 23.18 to 36.78 over the past decade. While the company's 10-year median is 28.92 vs. the industry median of 14.98, Thermador Groupe 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 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. Thermador Groupe's current ROC (Joel Greenblatt) % of 23.38% is 56.1% 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 Thermador Groupe 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. Thermador Groupe's current ROC (Joel Greenblatt) % is 23.38%, which is 19% below median its own 10-year median of 28.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermador Groupe stock overvalued right now?
Thermador Groupe (CHIX:THEPP) has a current ROC (Joel Greenblatt) % of 23.38%. The stock's GF Value™ is €79.88, compared to a current price of €84.75 — trading 6.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 23.38%, which is 19% below median its 10-year median of 28.92 and 56.1% above the Industrial Distribution industry median of 14.98. Thermador Groupe's overall GF Score™ is 89/100 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 Thermador Groupe (CHIX:THEPP), the current ROC (Joel Greenblatt) % is 23.38% as of Dec. 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 Thermador Groupe (CHIX:THEPP) Overvalued in 2026?
Based on GuruFocus' analysis, Thermador Groupe stock appears to be overvalued.
The current stock price of €84.75 is trading 6.1% above its estimated GF Value™ of €79.88.
Key valuation signals for CHIX:THEPP:
ROC (Joel Greenblatt) %: 23.38% (19% below median its 10-year median of 28.92)
GF Value™: €79.88 vs. price of €84.75 (6.1% above fair value)
Industry Position: 56.1% above the Industrial Distribution median (#50 of 156)
No single metric tells the full story. See the CHIX:THEPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thermador Groupe SA operates as a corporate group that owns and manages businesses engaged in the distribution of equipment and accessories for fluid circulation used in construction, public works, and industrial applications. Its product portfolio includes heating and domestic hot water accessories, heating pumps, plumbing equipment, sanitary and building taps, ventilation systems, industrial valves, cold water pumps, plastic pipes and fittings for wet and dry networks, irrigation and construction materials, swimming pool equipment, as well as tools and equipment such as air compressors, generators, and welding sets for professional and consumer markets.
89GF Score
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