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Exel Composites OyjFRA:8TY0 38 ROC (Joel Greenblatt) % is 9.58% as of Dec. 2025, which is 11% above its 10-year median of 8.63. GuruFocus rates FRA:8TY0 with a GF Score™ of 38/100 and a GF Value™ of €3.39 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,604 Chemicals companies, Exel Composites Oyj ranks worse than 63.65% 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. Exel Composites Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 9.58%.
The historical rank and industry rank for Exel Composites Oyj's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:8TY0'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -17.09 Med: 8.63 Max: 27.16
Current: 5.39
During the past 13 years, Exel Composites Oyj's highest ROC (Joel Greenblatt) % was 27.16%. The lowest was -17.09%. And the median was 8.63%.
FRA:8TY0's ROC (Joel Greenblatt) % is ranked worse than 63.65% of 1604
companies
in the Chemicals industry
Industry Median: 9.685
vs FRA:8TY0: 5.39
Exel Composites Oyj's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
Exel Composites Oyj ROC (Joel Greenblatt) % Related Terms
Exel Composites Oyj ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Exel Composites Oyj'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.
FRA:8TY0 vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, Exel Composites Oyj'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.
Exel Composites Oyj ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Exel Composites Oyj's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Exel Composites Oyj's ROC (Joel Greenblatt) % falls into.
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 9.58% mean?
Exel Composites Oyj (FRA:8TY0) has a ROC (Joel Greenblatt) % of 9.58% 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 Exel Composites Oyj and its competitors. This is 11% above median its historical median of 8.63. According to the industry distribution chart, Exel Composites Oyj ranks #1021 out of 1604 companies in the Chemicals industry, placing it in the top 63.7%.
Is Exel Composites Oyj's ROC (Joel Greenblatt) % too high?
Exel Composites Oyj's current ROC (Joel Greenblatt) % of 9.58% is 11% above median its 10-year median of 8.63. The Chemicals industry median ROC (Joel Greenblatt) % is 9.69. Exel Composites Oyj's value of 9.58% is 1.1% below this industry median. Based on the distribution chart, Exel Composites Oyj ranks #1021 out of 1604 companies in the Chemicals industry, which is below the industry midpoint. Overall, Exel Composites Oyj has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Exel Composites Oyj's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Exel Composites Oyj ranks #1021 out of 1604 companies for ROC (Joel Greenblatt) %. This places Exel Composites Oyj in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.69. Exel Composites Oyj's value of 9.58% is 1.1% below this benchmark. While the company's 10-year median is 8.63 vs. the industry median of 9.69, Exel Composites Oyj 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.69, based on 1,604 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. Exel Composites Oyj's current ROC (Joel Greenblatt) % of 9.58% is 1.1% 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 Exel Composites Oyj and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exel Composites Oyj's current ROC (Joel Greenblatt) % is 9.58%, which is 11% above median its own 10-year median of 8.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exel Composites Oyj stock overvalued right now?
Based on GuruFocus' analysis, Exel Composites Oyj (FRA:8TY0) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.39, compared to a current price of €10.90 — trading 221.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 9.58%, which is 11% above median its 10-year median of 8.63 and 1.1% below the Chemicals industry median of 9.69. Exel Composites Oyj's overall GF Score™ is 38/100 with 6 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 Exel Composites Oyj (FRA:8TY0), the current ROC (Joel Greenblatt) % is 9.58% 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 Exel Composites Oyj (FRA:8TY0) Overvalued in 2026?
Based on GuruFocus' analysis, Exel Composites Oyj stock appears to be overvalued.
The current stock price of €10.90 is trading 221.5% above its estimated GF Value™ of €3.39.
GuruFocus considers Exel Composites Oyj to be Significantly Overvalued.
Key valuation signals for FRA:8TY0:
ROC (Joel Greenblatt) %: 9.58% (11% above median its 10-year median of 8.63)
GF Value™: €3.39 vs. price of €10.90 (221.5% above fair value)
Industry Position: 1.1% below the Chemicals median (#1021 of 1604)
No single metric tells the full story. See the FRA:8TY0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Exel Composites Oyj is a technology company engaged in manufacturers of composite profiles and tubes made with pultrusion and pullwinding technologies and a pultrusion technology forerunner in the composite market. The products offered by the group include tubes, laminates, windows and doors, and others. The firm serves sectors such as transportation, building, construction and infrastructure, energy industry, telecommunication, paper and electrical industries, and cleaning and maintenance. The Group has one operating segment, which is Exel Composites. It has a geographic presence in Europe, North America, Asia-Pacific and the Rest of the World, where the majority of its revenue is generated from Europe.
38GF Score
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