Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Apex Spinning & Knitting MillsDHA:APEXSPINN +0.32%64 ROC (Joel Greenblatt) % is 31.82% as of Mar. 2026, which is 76% above its 10-year median of 18.04. GuruFocus rates DHA:APEXSPINN with a GF Score™ of 64/100 and a GF Value™ of BDT119.06 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,061 Manufacturing - Apparel & Accessories companies, Apex Spinning & Knitting Mills ranks better than 85.2% 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. Apex Spinning & Knitting Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.82%.
The historical rank and industry rank for Apex Spinning & Knitting Mills's ROC (Joel Greenblatt) % or its related term are showing as below:
DHA:APEXSPINN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.31 Med: 18.04 Max: 32.53
Current: 28.64
During the past 13 years, Apex Spinning & Knitting Mills's highest ROC (Joel Greenblatt) % was 32.53%. The lowest was 7.31%. And the median was 18.04%.
DHA:APEXSPINN's ROC (Joel Greenblatt) % is ranked better than 85.2% of 1061
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.53
vs DHA:APEXSPINN: 28.64
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.
* 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.
DHA:APEXSPINN vs RL, LEVI, VFC: ROC (Joel Greenblatt) % Comparison
For the Apparel Manufacturing subindustry, Apex Spinning & Knitting Mills'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.
Apex Spinning & Knitting Mills ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Apex Spinning & Knitting Mills's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Apex Spinning & Knitting Mills'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 31.82% mean?
Apex Spinning & Knitting Mills (DHA:APEXSPINN) has a ROC (Joel Greenblatt) % of 31.82% 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 Apex Spinning & Knitting Mills and its competitors. This is 76% above median its historical median of 18.04. Over the past decade, Apex Spinning & Knitting Mills' ROC (Joel Greenblatt) % has ranged from 7.31 to 32.53. According to the industry distribution chart, Apex Spinning & Knitting Mills ranks #157 out of 1061 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 14.8%.
Is Apex Spinning & Knitting Mills' ROC (Joel Greenblatt) % too high?
Apex Spinning & Knitting Mills' current ROC (Joel Greenblatt) % of 31.82% is 76% above median its 10-year median of 18.04. Over the past 10 years, this metric has ranged from a low of 7.31 to a high of 32.53. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.53. Apex Spinning & Knitting Mills' value of 31.82% is 273% above this industry median. Based on the distribution chart, Apex Spinning & Knitting Mills ranks #157 out of 1061 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Apex Spinning & Knitting Mills has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Spinning & Knitting Mills' ROC (Joel Greenblatt) % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Apex Spinning & Knitting Mills ranks #157 out of 1061 companies for ROC (Joel Greenblatt) %. This places Apex Spinning & Knitting Mills in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.53. Apex Spinning & Knitting Mills' value of 31.82% is 273% above this benchmark. Historically, Apex Spinning & Knitting Mills' own ROC (Joel Greenblatt) % has ranged from 7.31 to 32.53 over the past decade. While the company's 10-year median is 18.04 vs. the industry median of 8.53, Apex Spinning & Knitting Mills 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.53, based on 1,061 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. Apex Spinning & Knitting Mills's current ROC (Joel Greenblatt) % of 31.82% is 273% 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 Apex Spinning & Knitting Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Spinning & Knitting Mills's current ROC (Joel Greenblatt) % is 31.82%, which is 76% above median its own 10-year median of 18.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Spinning & Knitting Mills stock overvalued right now?
Based on GuruFocus' analysis, Apex Spinning & Knitting Mills (DHA:APEXSPINN) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT119.06, compared to a current price of BDT380.50 — trading 219.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 31.82%, which is 76% above median its 10-year median of 18.04 and 273% above the Manufacturing - Apparel & Accessories industry median of 8.53. Apex Spinning & Knitting Mills' overall GF Score™ is 64/100 with 5 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 Apex Spinning & Knitting Mills (DHA:APEXSPINN), the current ROC (Joel Greenblatt) % is 31.82% 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 Apex Spinning & Knitting Mills (DHA:APEXSPINN) Overvalued in 2026?
Based on GuruFocus' analysis, Apex Spinning & Knitting Mills stock appears to be overvalued.
The current stock price of BDT380.50 is trading 219.6% above its estimated GF Value™ of BDT119.06.
GuruFocus considers Apex Spinning & Knitting Mills to be Significantly Overvalued.
Key valuation signals for DHA:APEXSPINN:
ROC (Joel Greenblatt) %: 31.82% (76% above median its 10-year median of 18.04)
GF Value™: BDT119.06 vs. price of BDT380.50 (219.6% above fair value)
Industry Position: 273% above the Manufacturing - Apparel & Accessories median (#157 of 1061)
No single metric tells the full story. See the DHA:APEXSPINN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex Spinning & Knitting Mills Business Description
Apex Spinning & Knitting Mills Ltd is a Bangladesh-based company that operates as a manufacturer and exporter of all kinds of textiles and knitted garments. The company is an integrated knitting, dyeing and finishing and garment factory. The company specialises in infant, children's, and women's wear using fabrics produced in-house. ASKML is equipped to produce a wide range of solid dyed, yarn dyed, and all-over printed fabrics using a variety of designs provided by the customer.
64GF Score
Get the complete analysis for DHA:APEXSPINN
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
DHA:APEXSPINN has been successfully added to your 
