ABM Industries (FRA:AB4) ROC (Joel Greenblatt) %: 74.82% (As of Apr. 2026) — 80% Above Median

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FRA:AB4 ABM Industries Inc FRA:AB4
84 GF Score
Price €39.40
GF Value €46.76
Valuation Modestly Undervalued
! 7 Warning Signs
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What is ABM Industries ROC (Joel Greenblatt) %?

ABM Industries FRA:AB4 -0.51% 84 ROC (Joel Greenblatt) % is 74.82% as of Apr. 2026, which is 80% above its 10-year median of 41.46. GuruFocus rates FRA:AB4 with a GF Score™ of 84/100 and a GF Value™ of €46.76 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,083 Business Services companies, ABM Industries ranks better than 73.04% 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. ABM Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 74.82%.

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

FRA:AB4' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.24   Med: 41.46   Max: 86.34
Current: 59.37

During the past 13 years, ABM Industries's highest ROC (Joel Greenblatt) % was 86.34%. The lowest was 16.24%. And the median was 41.46%.

FRA:AB4's ROC (Joel Greenblatt) % is ranked better than
73.04% of 1083 companies
in the Business Services industry
Industry Median: 21.22 vs FRA:AB4: 59.37

ABM Industries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.40% per year.


ABM Industries  (FRA:AB4) 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.


ABM Industries ROC (Joel Greenblatt) % Related Terms


ABM Industries ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for ABM Industries'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.

ABM Industries ROC (Joel Greenblatt) % Chart

ABM Industries Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.88 91.45 72.44 38.51 51.65

ABM Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.32 61.84 47.75 54.19 74.82

FRA:AB4 vs MMS, FA, CMPR: ROC (Joel Greenblatt) % Comparison

For the Specialty Business Services subindustry, ABM Industries'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.


ABM Industries ROC (Joel Greenblatt) % vs Business Services Industry

For the Business Services industry and Industrials sector, ABM Industries's ROC (Joel Greenblatt) % distribution charts can be found below:

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


FRA:AB4
84GF Score
ABM Industries Inc FRA:AB4
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ABM Industries 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: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1045.879 + 0 + 173.179) - (675.694 + 91.142 + 295.722)
=156.5

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1080.378 + 0 + 211.357) - (682.204 + 85.329 + 362.35)
=161.852

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of ABM Industries for the quarter that ended in Apr. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=300.276/( ( (228.068 + max(156.5, 0)) + (256.243 + max(161.852, 0)) )/ 2 )
=300.276/( ( 384.568 + 418.095 )/ 2 )
=300.276/401.3315
=74.82 %

Note: The EBIT data used here is four times the quarterly (Apr. 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 74.82% mean?
ABM Industries (FRA:AB4) has a ROC (Joel Greenblatt) % of 74.82% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on ABM Industries and its competitors. This is 80% above median its historical median of 41.46. Over the past decade, ABM Industries' ROC (Joel Greenblatt) % has ranged from 16.24 to 86.34. According to the industry distribution chart, ABM Industries ranks #292 out of 1083 companies in the Business Services industry, placing it in the top 27%.
Is ABM Industries' ROC (Joel Greenblatt) % too high?
ABM Industries' current ROC (Joel Greenblatt) % of 74.82% is 80% above median its 10-year median of 41.46. Over the past 10 years, this metric has ranged from a low of 16.24 to a high of 86.34. The Business Services industry median ROC (Joel Greenblatt) % is 21.22. ABM Industries' value of 74.82% is 252.6% above this industry median. Based on the distribution chart, ABM Industries ranks #292 out of 1083 companies in the Business Services industry, which is above the industry midpoint. Overall, ABM Industries has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ABM Industries' ROC (Joel Greenblatt) % compare to MMS and FA?
According to the Business Services industry distribution chart, ABM Industries ranks #292 out of 1083 companies for ROC (Joel Greenblatt) %. This puts ABM Industries in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 21.22. ABM Industries' value of 74.82% is 252.6% above this benchmark. Historically, ABM Industries' own ROC (Joel Greenblatt) % has ranged from 16.24 to 86.34 over the past decade. While the company's 10-year median is 41.46 vs. the industry median of 21.22, ABM Industries 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.22, based on 1,083 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. ABM Industries's current ROC (Joel Greenblatt) % of 74.82% is 252.6% 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 ABM Industries and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ABM Industries's current ROC (Joel Greenblatt) % is 74.82%, which is 80% above median its own 10-year median of 41.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ABM Industries stock overvalued right now?
Based on GuruFocus' analysis, ABM Industries (FRA:AB4) is currently considered Modestly Undervalued. The stock's GF Value™ is €46.76, compared to a current price of €39.40 — trading 15.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 74.82%, which is 80% above median its 10-year median of 41.46 and 252.6% above the Business Services industry median of 21.22. ABM Industries' overall GF Score™ is 84/100 with 7 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 ABM Industries (FRA:AB4), the current ROC (Joel Greenblatt) % is 74.82% as of Apr. 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 ABM Industries (FRA:AB4) Overvalued in 2026?

Based on GuruFocus' analysis, ABM Industries stock appears to be undervalued. The current stock price of €39.40 is trading 15.7% below its estimated GF Value™ of €46.76. GuruFocus considers ABM Industries to be Modestly Undervalued.

Key valuation signals for FRA:AB4:

  • ROC (Joel Greenblatt) %: 74.82% (80% above median its 10-year median of 41.46)
  • GF Value™: €46.76 vs. price of €39.40 (15.7% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 252.6% above the Business Services median (#292 of 1083)

No single metric tells the full story. See the FRA:AB4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ABM Industries Business Description

Other Exchanges ABM:USA
Address One Liberty Plaza, 7th Floor, New York, NY, USA, 10006
ABM Industries Inc is a provider of integrated facility solutions. It offers its solutions through five segments: Business and Industry, Manufacturing and Distribution, Education, Aviation and Technical solutions. The company derives the majority of its revenue from the business and industry segment, which encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues, hospitals, as well as vehicle maintenance and other services to rental car providers. The company mainly operates in the United States of America.
84GF Score

Get the complete analysis for FRA:AB4

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

€39.40
Price
€46.76
GF Value