ERXCF (eREX Co) ROC (Joel Greenblatt) %: 25.25% (As of Mar. 2026) — 36% Above Median

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ERXCF eREX Co Ltd ERXCF
59 GF Score
Price $4.35
GF Value $2.77
! 3 Warning Signs
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What is eREX Co ROC (Joel Greenblatt) %?

eREX Co ERXCF 59 ROC (Joel Greenblatt) % is 25.25% as of Mar. 2026, which is 36% above its 10-year median of 18.56. GuruFocus rates ERXCF with a GF Score™ of 59/100 and a GF Value™ of $2.77. The stock has 3 warning signs investors should review. Among 436 Utilities - Independent Power Producers companies, eREX Co ranks better than 80.28% 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. eREX Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.25%.

The historical rank and industry rank for eREX Co's ROC (Joel Greenblatt) % or its related term are showing as below:

ERXCF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -34.1   Med: 18.56   Max: 24.39
Current: 19.65

During the past 13 years, eREX Co's highest ROC (Joel Greenblatt) % was 24.39%. The lowest was -34.10%. And the median was 18.56%.

ERXCF's ROC (Joel Greenblatt) % is ranked better than
80.28% of 436 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.525 vs ERXCF: 19.65

eREX Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


eREX Co  (OTCPK:ERXCF) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


eREX Co ROC (Joel Greenblatt) % Related Terms


eREX Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for eREX Co'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.

eREX Co ROC (Joel Greenblatt) % Chart

eREX Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.61 22.29 -32.00 16.09 19.41

eREX Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.41 14.47 20.75 16.25 25.25

eREX Co ROC (Joel Greenblatt) % Competitor Comparison

For the Utilities - Renewable subindustry, eREX Co'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.


eREX Co ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, eREX Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where eREX Co's ROC (Joel Greenblatt) % falls into.


ERXCF
59GF Score
eREX Co Ltd ERXCF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

eREX Co 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(194.125 + 21.146 + 16.021) - (106.16 + 0 + 35.077)
=90.055

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(174.228 + 16.038 + 17.778) - (101.889 + 0 + 49.28)
=56.875

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of eREX Co for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=84.396/( ( (239.438 + max(90.055, 0)) + (281.997 + max(56.875, 0)) )/ 2 )
=84.396/( ( 329.493 + 338.872 )/ 2 )
=84.396/334.1825
=25.25 %

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 25.25% mean?
eREX Co (ERXCF) has a ROC (Joel Greenblatt) % of 25.25% 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 eREX Co and its competitors. This is 36% above median its historical median of 18.56. According to the industry distribution chart, eREX Co ranks #86 out of 436 companies in the Utilities - Independent Power Producers industry, placing it in the top 19.7%.
Is eREX Co's ROC (Joel Greenblatt) % too high?
eREX Co's current ROC (Joel Greenblatt) % of 25.25% is 36% above median its 10-year median of 18.56. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.53. eREX Co's value of 25.25% is 287% above this industry median. Based on the distribution chart, eREX Co ranks #86 out of 436 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, eREX Co has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does eREX Co's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, eREX Co ranks #86 out of 436 companies for ROC (Joel Greenblatt) %. This places eREX Co in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 6.53. eREX Co's value of 25.25% is 287% above this benchmark. While the company's 10-year median is 18.56 vs. the industry median of 6.53, eREX Co 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 Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.53, based on 436 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. eREX Co's current ROC (Joel Greenblatt) % of 25.25% is 287% 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 eREX Co and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eREX Co's current ROC (Joel Greenblatt) % is 25.25%, which is 36% above median its own 10-year median of 18.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eREX Co stock overvalued right now?
eREX Co (ERXCF) has a current ROC (Joel Greenblatt) % of 25.25%. The stock's GF Value™ is $2.77, compared to a current price of $4.35 — trading 57% above its estimated fair value. The current ROC (Joel Greenblatt) % is 25.25%, which is 36% above median its 10-year median of 18.56 and 287% above the Utilities - Independent Power Producers industry median of 6.53. eREX Co's overall GF Score™ is 59/100 with 3 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 eREX Co (ERXCF), the current ROC (Joel Greenblatt) % is 25.25% 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 eREX Co (ERXCF) Overvalued in 2026?

Based on GuruFocus' analysis, eREX Co stock appears to be overvalued. The current stock price of $4.35 is trading 57% above its estimated GF Value™ of $2.77.

Key valuation signals for ERXCF:

  • ROC (Joel Greenblatt) %: 25.25% (36% above median its 10-year median of 18.56)
  • GF Value™: $2.77 vs. price of $4.35 (57% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 287% above the Utilities - Independent Power Producers median (#86 of 436)

No single metric tells the full story. See the ERXCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


eREX Co Business Description

Other Exchanges 9517:Japan6HF:Germany
Address 2-2-1 Kyobashi, 14th Floor, Kyobashi Edglan, Chuo-ku, Tokyo, JPN, 104-0031
eREX Co Ltd is a holding company that engages in the electrical power business. Its services include retail sales of power, power market transactions, and power development. In its electric power retail business, it involves in the retail of electric power at an inexpensive price than electric utilities. In its power supplies development business, it involves the planning, design, and construction of power-generating equipment.
59GF Score

Get the complete analysis for ERXCF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.35
Price
$2.77
GF Value