Installed Building ProductsFRA:2IL 91 ROC (Joel Greenblatt) % is 31.91% as of Mar. 2026, which is 34% below its 10-year median of 48.45. GuruFocus rates FRA:2IL with a GF Score™ of 91/100 and a GF Value™ of €196.92. The stock has 2 warning signs investors should review. Among 95 Homebuilding & Construction companies, Installed Building Products ranks better than 90.53% 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. Installed Building Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.91%.
The historical rank and industry rank for Installed Building Products's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:2IL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 40.69 Med: 48.45 Max: 66.89
Current: 53.24
During the past 13 years, Installed Building Products's highest ROC (Joel Greenblatt) % was 66.89%. The lowest was 40.69%. And the median was 48.45%.
FRA:2IL's ROC (Joel Greenblatt) % is ranked better than 90.53% of 95
companies
in the Homebuilding & Construction industry
Industry Median: 11.3
vs FRA:2IL: 53.24
Installed Building Products (FRA:2IL) 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.
Installed Building Products ROC (Joel Greenblatt) % Chart
FRA:2IL vs TMHC, MTH, SKY: ROC (Joel Greenblatt) % Comparison
For the Residential Construction subindustry, Installed Building Products'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.
Installed Building Products ROC (Joel Greenblatt) % vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Installed Building Products's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Installed Building Products's ROC (Joel Greenblatt) % falls into.
Installed Building Products 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 31.91% mean?
Installed Building Products (FRA:2IL) has a ROC (Joel Greenblatt) % of 31.91% 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 Installed Building Products and its competitors. This is 34% below median its historical median of 48.45. Over the past decade, Installed Building Products' ROC (Joel Greenblatt) % has ranged from 40.69 to 66.89. According to the industry distribution chart, Installed Building Products ranks #9 out of 95 companies in the Homebuilding & Construction industry, placing it in the top 9.5%.
Is Installed Building Products' ROC (Joel Greenblatt) % too high?
Installed Building Products' current ROC (Joel Greenblatt) % of 31.91% is 34% below median its 10-year median of 48.45. Over the past 10 years, this metric has ranged from a low of 40.69 to a high of 66.89. The Homebuilding & Construction industry median ROC (Joel Greenblatt) % is 11.30. Installed Building Products' value of 31.91% is 182.4% above this industry median. Based on the distribution chart, Installed Building Products ranks #9 out of 95 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Installed Building Products has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Installed Building Products' ROC (Joel Greenblatt) % compare to TMHC and MTH?
According to the Homebuilding & Construction industry distribution chart, Installed Building Products ranks #9 out of 95 companies for ROC (Joel Greenblatt) %. This places Installed Building Products in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.30. Installed Building Products' value of 31.91% is 182.4% above this benchmark. Historically, Installed Building Products' own ROC (Joel Greenblatt) % has ranged from 40.69 to 66.89 over the past decade. While the company's 10-year median is 48.45 vs. the industry median of 11.30, Installed Building Products 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 Homebuilding & Construction company?
The median ROC (Joel Greenblatt) % among Homebuilding & Construction companies is 11.30, based on 95 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. Installed Building Products's current ROC (Joel Greenblatt) % of 31.91% is 182.4% 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 Installed Building Products and its competitors. For the Homebuilding & Construction industry, the median ROC (Joel Greenblatt) % is 11.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Installed Building Products's current ROC (Joel Greenblatt) % is 31.91%, which is 34% below median its own 10-year median of 48.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Installed Building Products stock overvalued right now?
Installed Building Products (FRA:2IL) has a current ROC (Joel Greenblatt) % of 31.91%. The stock's GF Value™ is €196.92, compared to a current price of €197.00 — trading 0% above its estimated fair value. The current ROC (Joel Greenblatt) % is 31.91%, which is 34% below median its 10-year median of 48.45 and 182.4% above the Homebuilding & Construction industry median of 11.30. Installed Building Products' overall GF Score™ is 91/100 with 2 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 Installed Building Products (FRA:2IL), the current ROC (Joel Greenblatt) % is 31.91% 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 Installed Building Products (FRA:2IL) Overvalued in 2026?
Based on GuruFocus' analysis, Installed Building Products stock appears to be overvalued.
The current stock price of €197.00 is trading 0% above its estimated GF Value™ of €196.92.
Key valuation signals for FRA:2IL:
ROC (Joel Greenblatt) %: 31.91% (34% below median its 10-year median of 48.45)
GF Value™: €196.92 vs. price of €197.00 (0% above fair value)
Industry Position: 182.4% above the Homebuilding & Construction median (#9 of 95)
No single metric tells the full story. See the FRA:2IL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Installed Building Products Inc is an insulation installer serving the residential new construction market and are also a diversified installer of complementary building products, including waterproofing, fire-stopping and fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving, mirrors and other products throughout the United States. The company installs fiberglass insulation, spray foam insulation, and cellulose insulation. The company has three operating segments consisting of Installation, Manufacturing and Distribution operations. Majority of revenue is derived from Installation segment.
91GF 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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