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Energy Services of AmericaESOA -0.56%82 ROC (Joel Greenblatt) % is 5.46% as of Mar. 2026, which is 52% below its 10-year median of 11.28. GuruFocus rates ESOA with a GF Scoreâ„¢ of 82/100 and a GF Valueâ„¢ of $10.56 (Significantly Overvalued). Among 1,782 Construction companies, Energy Services of America ranks better than 53.93% 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. Energy Services of America's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.46%.
The historical rank and industry rank for Energy Services of America's ROC (Joel Greenblatt) % or its related term are showing as below:
ESOA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.73 Med: 11.28 Max: 67.95
Current: 22.45
During the past 13 years, Energy Services of America's highest ROC (Joel Greenblatt) % was 67.95%. The lowest was -0.73%. And the median was 11.28%.
ESOA's ROC (Joel Greenblatt) % is ranked better than 53.93% of 1782
companies
in the Construction industry
Industry Median: 19.56
vs ESOA: 22.45
Energy Services of America (NAS:ESOA) 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.
* 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.
Energy Services of America ROC (Joel Greenblatt) % Chart
ESOA vs PHOE, MTRX, MCDIF: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Energy Services of America'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.
Energy Services of America ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Energy Services of America's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Energy Services of America's ROC (Joel Greenblatt) % falls into.
Energy Services of America 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 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 5.46% mean?
Energy Services of America (ESOA) has a ROC (Joel Greenblatt) % of 5.46% 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 Energy Services of America and its competitors. This is 52% below median its historical median of 11.28. According to the industry distribution chart, Energy Services of America ranks #821 out of 1782 companies in the Construction industry, placing it in the top 46.1%.
Is Energy Services of America's ROC (Joel Greenblatt) % too high?
Energy Services of America's current ROC (Joel Greenblatt) % of 5.46% is 52% below median its 10-year median of 11.28. The Construction industry median ROC (Joel Greenblatt) % is 19.56. Energy Services of America's value of 5.46% is 72.1% below this industry median. Based on the distribution chart, Energy Services of America ranks #821 out of 1782 companies in the Construction industry, which is above the industry midpoint. Overall, Energy Services of America has a GF Scoreâ„¢ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Energy Services of America's ROC (Joel Greenblatt) % compare to PHOE and MTRX?
According to the Construction industry distribution chart, Energy Services of America ranks #821 out of 1782 companies for ROC (Joel Greenblatt) %. This puts Energy Services of America in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.56. Energy Services of America's value of 5.46% is 72.1% below this benchmark. While the company's 10-year median is 11.28 vs. the industry median of 19.56, Energy Services of America 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.56, based on 1,782 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. Energy Services of America's current ROC (Joel Greenblatt) % of 5.46% is 72.1% 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 Energy Services of America and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Services of America's current ROC (Joel Greenblatt) % is 5.46%, which is 52% below median its own 10-year median of 11.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Services of America stock overvalued right now?
Based on GuruFocus' analysis, Energy Services of America (ESOA) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.56, compared to a current price of $16.00 — trading 51.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 5.46%, which is 52% below median its 10-year median of 11.28 and 72.1% below the Construction industry median of 19.56. Energy Services of America's overall GF Score™ is 82/100. 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 Energy Services of America (ESOA), the current ROC (Joel Greenblatt) % is 5.46% 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 Energy Services of America (ESOA) Overvalued in 2026?
Based on GuruFocus' analysis, Energy Services of America stock appears to be overvalued.
The current stock price of $16.00 is trading 51.5% above its estimated GF Value™ of $10.56.
GuruFocus considers Energy Services of America to be Significantly Overvalued.
Key valuation signals for ESOA:
ROC (Joel Greenblatt) %: 5.46% (52% below median its 10-year median of 11.28)
GF Value™: $10.56 vs. price of $16.00 (51.5% above fair value)
Industry Position: 72.1% below the Construction median (#821 of 1782)
No single metric tells the full story. See the ESOA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Energy Services of America Corporation is engaged in providing contracting services for energy-related companies. The company is predominantly engaged in the construction, replacement, and repair of natural gas pipelines and storage facilities for utility companies and private natural gas companies. It services the gas, petroleum, power, chemical, and automotive industries and does incidental work such as water and sewer projects. Energy Service's other services include liquid pipeline construction, pump station construction, production facility construction, water and sewer pipeline installations, various maintenance and repair services, and other services related to pipeline construction.
82GF Score
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