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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. Walton Hi-Tech Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.44%.
The historical rank and industry rank for Walton Hi-Tech Industries's ROC (Joel Greenblatt) % or its related term are showing as below:
DHA:WALTONHIL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.75 Med: 10.64 Max: 16.76
Current: 8.5
During the past 7 years, Walton Hi-Tech Industries's highest ROC (Joel Greenblatt) % was 16.76%. The lowest was 7.75%. And the median was 10.64%.
DHA:WALTONHIL's ROC (Joel Greenblatt) % is ranked worse than 53.39% of 2491
companies
in the Hardware industry
Industry Median: 10.43
vs DHA:WALTONHIL: 8.50
Walton Hi-Tech Industries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.10% 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.
Walton Hi-Tech Industries ROC (Joel Greenblatt) % Related Terms
Walton Hi-Tech Industries ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Walton Hi-Tech Industries'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.
DHA:WALTONHIL vs AAPL: ROC (Joel Greenblatt) % Comparison
For the Consumer Electronics subindustry, Walton Hi-Tech Industries'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.
Walton Hi-Tech Industries ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Walton Hi-Tech Industries's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Walton Hi-Tech Industries'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 9.44% mean?
Walton Hi-Tech Industries (DHA:WALTONHIL) has a ROC (Joel Greenblatt) % of 9.44% 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 Walton Hi-Tech Industries and its competitors. This is 11% below median its historical median of 10.64. Over the past decade, Walton Hi-Tech Industries' ROC (Joel Greenblatt) % has ranged from 7.75 to 16.76. According to the industry distribution chart, Walton Hi-Tech Industries ranks #1330 out of 2491 companies in the Hardware industry, placing it in the top 53.4%.
Is Walton Hi-Tech Industries' ROC (Joel Greenblatt) % too high?
Walton Hi-Tech Industries' current ROC (Joel Greenblatt) % of 9.44% is 11% below median its 10-year median of 10.64. Over the past 10 years, this metric has ranged from a low of 7.75 to a high of 16.76. The Hardware industry median ROC (Joel Greenblatt) % is 10.43. Walton Hi-Tech Industries' value of 9.44% is 9.5% below this industry median. Based on the distribution chart, Walton Hi-Tech Industries ranks #1330 out of 2491 companies in the Hardware industry, which is below the industry midpoint. Overall, Walton Hi-Tech Industries has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Walton Hi-Tech Industries' ROC (Joel Greenblatt) % compare to AAPL?
According to the Hardware industry distribution chart, Walton Hi-Tech Industries ranks #1330 out of 2491 companies for ROC (Joel Greenblatt) %. This places Walton Hi-Tech Industries in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.43. Walton Hi-Tech Industries' value of 9.44% is 9.5% below this benchmark. Historically, Walton Hi-Tech Industries' own ROC (Joel Greenblatt) % has ranged from 7.75 to 16.76 over the past decade. While the company's 10-year median is 10.64 vs. the industry median of 10.43, Walton Hi-Tech Industries has consistently been below 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.43, based on 2,491 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. Walton Hi-Tech Industries's current ROC (Joel Greenblatt) % of 9.44% is 9.5% below 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 Walton Hi-Tech Industries and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Walton Hi-Tech Industries's current ROC (Joel Greenblatt) % is 9.44%, which is 11% below median its own 10-year median of 10.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Walton Hi-Tech Industries stock overvalued right now?
Based on GuruFocus' analysis, Walton Hi-Tech Industries (DHA:WALTONHIL) is currently considered Fairly Valued. The stock's GF Value™ is BDT417.43, compared to a current price of BDT394.10 — trading 5.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 9.44%, which is 11% below median its 10-year median of 10.64 and 9.5% below the Hardware industry median of 10.43. Walton Hi-Tech Industries' overall GF Score™ is 88/100 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 Walton Hi-Tech Industries (DHA:WALTONHIL), the current ROC (Joel Greenblatt) % is 9.44% 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 Walton Hi-Tech Industries (DHA:WALTONHIL) Overvalued in 2026?
Based on GuruFocus' analysis, Walton Hi-Tech Industries stock appears to be undervalued.
The current stock price of BDT394.10 is trading 5.6% below its estimated GF Value™ of BDT417.43.
GuruFocus considers Walton Hi-Tech Industries to be Fairly Valued.
Key valuation signals for DHA:WALTONHIL:
ROC (Joel Greenblatt) %: 9.44% (11% below median its 10-year median of 10.64)
GF Value™: BDT417.43 vs. price of BDT394.10 (5.6% below fair value)
Industry Position: 9.5% below the Hardware median (#1330 of 2491)
No single metric tells the full story. See the DHA:WALTONHIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Walton Hi-Tech Industries PLC is a manufacturer in Bangladesh's electrical and electronics (E&E) industry. The company is engaged in designing, manufacturing, assembling, and marketing a wide range of consumer electronics, home appliances, and industrial equipment. Its product portfolio includes refrigerators, freezers, air conditioners, televisions, washing machines, compressors, elevators, cables, and various small appliances such as microwave ovens, rice cookers, blenders, fans, LED lights, and electrical accessories. The sale of Freezers & Refrigerators contributes to the majority of the revenue. It operates in a single business segment, engaged in manufacturing and selling electrical and electronic products. The company's export market includes South Asia, Europe, and North America.
88GF 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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