Stelrad Group (FRA:6OJ) ROC (Joel Greenblatt) %: 27.80% (As of Jun. 2026) — 50% Above Median

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FRA:6OJ Stelrad Group PLC FRA:6OJ
73 GF Score
Price €1.75
GF Value €1.52
! 4 Warning Signs
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What is Stelrad Group ROC (Joel Greenblatt) %?

Stelrad Group FRA:6OJ 73 ROC (Joel Greenblatt) % is 27.80% as of Jun. 2026, which is 50% above its 10-year median of 18.48. GuruFocus rates FRA:6OJ with a GF Score™ of 73/100 and a GF Value™ of €1.52. The stock has 4 warning signs investors should review. Among 1,787 Construction companies, Stelrad Group ranks better than 55.18% 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. Stelrad Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 27.80%.

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

FRA:6OJ' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.15   Med: 18.48   Max: 36.81
Current: 23.48

During the past 8 years, Stelrad Group's highest ROC (Joel Greenblatt) % was 36.81%. The lowest was 12.15%. And the median was 18.48%.

FRA:6OJ's ROC (Joel Greenblatt) % is ranked better than
55.18% of 1787 companies
in the Construction industry
Industry Median: 19.47 vs FRA:6OJ: 23.48

Stelrad Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -10.20% per year.


Stelrad Group  (FRA:6OJ) 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.


Stelrad Group ROC (Joel Greenblatt) % Related Terms


Stelrad Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Stelrad Group'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.

Stelrad Group ROC (Joel Greenblatt) % Chart

Stelrad Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 38.02 13.83 21.20 26.15 13.32

Stelrad Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 26.70 24.06 6.40 19.85 27.80

FRA:6OJ vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison

For the Building Products & Equipment subindustry, Stelrad Group'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.


Stelrad Group ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Stelrad Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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


FRA:6OJ
73GF Score
Stelrad Group PLC FRA:6OJ
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Stelrad Group 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)
=(49.74 + 71.34 + 1.329) - (78.339 + 0 + 1.478)
=42.592

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49.471 + 81.773 + 0.11799999999999) - (71.494 + 0 + 2.632)
=57.236

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Stelrad Group for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=36.456/( ( (82.875 + max(42.592, 0)) + (79.546 + max(57.236, 0)) )/ 2 )
=36.456/( ( 125.467 + 136.782 )/ 2 )
=36.456/131.1245
=27.80 %

Note: The EBIT data used here is two times the semi-annual (Jun. 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 27.80% mean?
Stelrad Group (FRA:6OJ) has a ROC (Joel Greenblatt) % of 27.80% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Stelrad Group and its competitors. This is 50% above median its historical median of 18.48. Over the past decade, Stelrad Group's ROC (Joel Greenblatt) % has ranged from 12.15 to 36.81. According to the industry distribution chart, Stelrad Group ranks #801 out of 1787 companies in the Construction industry, placing it in the top 44.8%.
Is Stelrad Group's ROC (Joel Greenblatt) % too high?
Stelrad Group's current ROC (Joel Greenblatt) % of 27.80% is 50% above median its 10-year median of 18.48. Over the past 10 years, this metric has ranged from a low of 12.15 to a high of 36.81. The Construction industry median ROC (Joel Greenblatt) % is 19.47. Stelrad Group's value of 27.80% is 42.8% above this industry median. Based on the distribution chart, Stelrad Group ranks #801 out of 1787 companies in the Construction industry, which is above the industry midpoint. Overall, Stelrad Group has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Stelrad Group's ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, Stelrad Group ranks #801 out of 1787 companies for ROC (Joel Greenblatt) %. This puts Stelrad Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.47. Stelrad Group's value of 27.80% is 42.8% above this benchmark. Historically, Stelrad Group's own ROC (Joel Greenblatt) % has ranged from 12.15 to 36.81 over the past decade. While the company's 10-year median is 18.48 vs. the industry median of 19.47, Stelrad Group 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.47, based on 1,787 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. Stelrad Group's current ROC (Joel Greenblatt) % of 27.80% is 42.8% 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 Stelrad Group and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stelrad Group's current ROC (Joel Greenblatt) % is 27.80%, which is 50% above median its own 10-year median of 18.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stelrad Group stock overvalued right now?
Stelrad Group (FRA:6OJ) has a current ROC (Joel Greenblatt) % of 27.80%. The stock's GF Value™ is €1.52, compared to a current price of €1.75 — trading 15.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 27.80%, which is 50% above median its 10-year median of 18.48 and 42.8% above the Construction industry median of 19.47. Stelrad Group's overall GF Score™ is 73/100 with 4 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 Stelrad Group (FRA:6OJ), the current ROC (Joel Greenblatt) % is 27.80% as of Jun. 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 Stelrad Group (FRA:6OJ) Overvalued in 2026?

Based on GuruFocus' analysis, Stelrad Group stock appears to be overvalued. The current stock price of €1.75 is trading 15.1% above its estimated GF Value™ of €1.52.

Key valuation signals for FRA:6OJ:

  • ROC (Joel Greenblatt) %: 27.80% (50% above median its 10-year median of 18.48)
  • GF Value™: €1.52 vs. price of €1.75 (15.1% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 42.8% above the Construction median (#801 of 1787)

No single metric tells the full story. See the FRA:6OJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stelrad Group Business Description

Other Exchanges SRADl:UKSRAD:UK
Address 69-75 Side, Newcastle Upon Tyne, Tyne And Wear, GBR, NE1 3JE
Stelrad Group PLC sells standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators, and other steel column radiators. It has manufacturing and distribution facilities in the United Kingdom, the Netherlands, and Turkey, additional distribution facilities in Poland and Denmark, and sales personnel in seven other countries, including China. Geographically, the company has three segments: UK & Ireland, Europe, and Turkey & International. The Group operates five established brands (Stelrad, Henrad, Termo Teknik, Hudevad, and DL Radiators) that enable its products to be tailored to specific channels, maximizing market access and minimizing potential conflict.
73GF Score

Get the complete analysis for FRA:6OJ

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

€1.75
Price
€1.52
GF Value