ALEC Holdings PJSCDFM:ALEC +0.68%33 ROC (Joel Greenblatt) % is 94.59% as of Dec. 2025, which is 63% above its 10-year median of 58.01. GuruFocus rates DFM:ALEC with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 1,775 Construction companies, ALEC Holdings PJSC ranks better than 84.68% 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. ALEC Holdings PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 94.59%.
The historical rank and industry rank for ALEC Holdings PJSC's ROC (Joel Greenblatt) % or its related term are showing as below:
DFM:ALEC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 40.96 Med: 58.01 Max: 80.43
Current: 80.03
During the past 4 years, ALEC Holdings PJSC's highest ROC (Joel Greenblatt) % was 80.43%. The lowest was 40.96%. And the median was 58.01%.
DFM:ALEC's ROC (Joel Greenblatt) % is ranked better than 84.68% of 1775
companies
in the Construction industry
Industry Median: 19.38
vs DFM:ALEC: 80.03
ALEC Holdings PJSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
ALEC Holdings PJSC ROC (Joel Greenblatt) % Related Terms
ALEC Holdings PJSC ROC (Joel Greenblatt) % Historical Data
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The historical data trend for ALEC Holdings PJSC'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.
DFM:ALEC vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, ALEC Holdings PJSC'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.
ALEC Holdings PJSC ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, ALEC Holdings PJSC's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ALEC Holdings PJSC'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 (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 94.59% mean?
ALEC Holdings PJSC (DFM:ALEC) has a ROC (Joel Greenblatt) % of 94.59% 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 ALEC Holdings PJSC and its competitors. This is 63% above median its historical median of 58.01. Over the past decade, ALEC Holdings PJSC's ROC (Joel Greenblatt) % has ranged from 40.96 to 80.43. According to the industry distribution chart, ALEC Holdings PJSC ranks #272 out of 1775 companies in the Construction industry, placing it in the top 15.3%.
Is ALEC Holdings PJSC's ROC (Joel Greenblatt) % too high?
ALEC Holdings PJSC's current ROC (Joel Greenblatt) % of 94.59% is 63% above median its 10-year median of 58.01. Over the past 10 years, this metric has ranged from a low of 40.96 to a high of 80.43. The Construction industry median ROC (Joel Greenblatt) % is 19.38. ALEC Holdings PJSC's value of 94.59% is 388.1% above this industry median. Based on the distribution chart, ALEC Holdings PJSC ranks #272 out of 1775 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, ALEC Holdings PJSC has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does ALEC Holdings PJSC's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, ALEC Holdings PJSC ranks #272 out of 1775 companies for ROC (Joel Greenblatt) %. This places ALEC Holdings PJSC in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.38. ALEC Holdings PJSC's value of 94.59% is 388.1% above this benchmark. Historically, ALEC Holdings PJSC's own ROC (Joel Greenblatt) % has ranged from 40.96 to 80.43 over the past decade. While the company's 10-year median is 58.01 vs. the industry median of 19.38, ALEC Holdings PJSC 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 1,775 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. ALEC Holdings PJSC's current ROC (Joel Greenblatt) % of 94.59% is 388.1% 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 ALEC Holdings PJSC 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. ALEC Holdings PJSC's current ROC (Joel Greenblatt) % is 94.59%, which is 63% above median its own 10-year median of 58.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALEC Holdings PJSC stock overvalued right now?
ALEC Holdings PJSC (DFM:ALEC) has a current ROC (Joel Greenblatt) % of 94.59%. The current ROC (Joel Greenblatt) % is 94.59%, which is 63% above median its 10-year median of 58.01 and 388.1% above the Construction industry median of 19.38. ALEC Holdings PJSC's overall GF Score™ is 33/100 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 ALEC Holdings PJSC (DFM:ALEC), the current ROC (Joel Greenblatt) % is 94.59% 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.
ALEC Holdings PJSC is a diversified engineering and construction group in the UAE and KSA, specializing in large-scale, complex, and iconic projects across various sectors including commercial, hospitality, retail, and infrastructure. The company offers comprehensive turnkey solutions encompassing construction, MEP, fit-out, energy, and data center solutions, with a focus on innovation, quality, and sustainability. The management of the Group assess the Group into four key business units: Building and Infrastructure Construction Services, Energy, Related Businesses and Corporate Activities.
33GF Score
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