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. Fomento de Construcciones y Contratas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -39.15%.
FMOCF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.79 Med: 17.72 Max: 24.98
Current: 8.31
During the past 13 years, Fomento de Construcciones y Contratas's highest ROC (Joel Greenblatt) % was 24.98%. The lowest was 6.79%. And the median was 17.72%.
FMOCF's ROC (Joel Greenblatt) % is ranked worse than 56.28% of 247
companies
in the Waste Management industry
Industry Median: 11.16
vs FMOCF: 8.31
Fomento de Construcciones y Contratas (OTCPK:FMOCF) 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.
Fomento de Construcciones y Contratas ROC (Joel Greenblatt) % Chart
FMOCF vs WM, RSG, WCN: ROC (Joel Greenblatt) % Comparison
For the Waste Management subindustry, Fomento de Construcciones y Contratas'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.
Fomento de Construcciones y Contratas ROC (Joel Greenblatt) % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Fomento de Construcciones y Contratas's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Fomento de Construcciones y Contratas's ROC (Joel Greenblatt) % falls into.
Fomento de Construcciones y Contratas 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 (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 -39.15% mean?
Fomento de Construcciones y Contratas (FMOCF) has a ROC (Joel Greenblatt) % of -39.15% 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 Fomento de Construcciones y Contratas and its competitors. Over the past decade, Fomento de Construcciones y Contratas' ROC (Joel Greenblatt) % has ranged from 6.79 to 24.98. According to the industry distribution chart, Fomento de Construcciones y Contratas ranks #139 out of 247 companies in the Waste Management industry, placing it in the top 56.3%.
Is Fomento de Construcciones y Contratas' ROC (Joel Greenblatt) % too high?
Fomento de Construcciones y Contratas' current ROC (Joel Greenblatt) % is -39.15%. Over the past 10 years, this metric has ranged from a low of 6.79 to a high of 24.98. Based on the distribution chart, Fomento de Construcciones y Contratas ranks #139 out of 247 companies in the Waste Management industry, which is below the industry midpoint. Overall, Fomento de Construcciones y Contratas has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fomento de Construcciones y Contratas' ROC (Joel Greenblatt) % compare to WM and RSG?
According to the Waste Management industry distribution chart, Fomento de Construcciones y Contratas ranks #139 out of 247 companies for ROC (Joel Greenblatt) %. This places Fomento de Construcciones y Contratas in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.16. Historically, Fomento de Construcciones y Contratas' own ROC (Joel Greenblatt) % has ranged from 6.79 to 24.98 over the past decade. 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 Waste Management company?
The median ROC (Joel Greenblatt) % among Waste Management companies is 11.16, based on 247 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. 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 Fomento de Construcciones y Contratas and its competitors. For the Waste Management industry, the median ROC (Joel Greenblatt) % is 11.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fomento de Construcciones y Contratas's current ROC (Joel Greenblatt) % is -39.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fomento de Construcciones y Contratas stock overvalued right now?
Based on GuruFocus' analysis, Fomento de Construcciones y Contratas (FMOCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.88, compared to a current price of $13.50 — trading 36.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is -39.15%. Fomento de Construcciones y Contratas' overall GF Score™ is 73/100 with 9 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 Fomento de Construcciones y Contratas (FMOCF), the current ROC (Joel Greenblatt) % is -39.15% 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.
Is Fomento de Construcciones y Contratas (FMOCF) Overvalued in 2026?
Based on GuruFocus' analysis, Fomento de Construcciones y Contratas stock appears to be overvalued.
The current stock price of $13.50 is trading 36.6% above its estimated GF Value™ of $9.88.
GuruFocus considers Fomento de Construcciones y Contratas to be Significantly Overvalued.
Key valuation signals for FMOCF:
ROC (Joel Greenblatt) %: -39.15%
GF Value™: $9.88 vs. price of $13.50 (36.6% above fair value)
No single metric tells the full story. See the FMOCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fomento de Construcciones y Contratas Business Description
Fomento de Construcciones y Contratas SA is in the business of environmental services, end to end water management, construction and cement. The company's activities include services related to urban water treatment, waste recovery, end to end water cycle and also infrastructure construction projects, building construction, manufacturing of cement and concrete and operation of quarries and mineral deposits. The firm derives majority of its revenues from environmental services segment. It carries out international operations in European, the US and Latin American markets.
73GF Score
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