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Delignit AGFRA:DLX 82 ROC (Joel Greenblatt) % is 13.49% as of Dec. 2025, which is 3% below its 10-year median of 13.92. GuruFocus rates FRA:DLX with a GF Score™ of 82/100 and a GF Value™ of €2.60 (Fairly Valued). The stock has 3 warning signs investors should review. Among 286 Forest Products companies, Delignit AG ranks better than 75.87% 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. Delignit AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 13.49%.
The historical rank and industry rank for Delignit AG's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:DLX'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.37 Med: 13.92 Max: 20.2
Current: 10.47
During the past 13 years, Delignit AG's highest ROC (Joel Greenblatt) % was 20.20%. The lowest was 6.37%. And the median was 13.92%.
FRA:DLX's ROC (Joel Greenblatt) % is ranked better than 75.87% of 286
companies
in the Forest Products industry
Industry Median: 4.725
vs FRA:DLX: 10.47
Delignit AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.70% per year.
Delignit AG (FRA:DLX) 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.
Delignit AG ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Delignit AG'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:DLX vs SSD, UFPI, BCC: ROC (Joel Greenblatt) % Comparison
For the Lumber & Wood Production subindustry, Delignit AG'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.
Delignit AG ROC (Joel Greenblatt) % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Delignit AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Delignit AG'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 two times the semi-annual (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 13.49% mean?
Delignit AG (FRA:DLX) has a ROC (Joel Greenblatt) % of 13.49% 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 Delignit AG and its competitors. This is near median its historical median of 13.92. Over the past decade, Delignit AG's ROC (Joel Greenblatt) % has ranged from 6.37 to 20.20. According to the industry distribution chart, Delignit AG ranks #69 out of 286 companies in the Forest Products industry, placing it in the top 24.1%.
Is Delignit AG's ROC (Joel Greenblatt) % too high?
Delignit AG's current ROC (Joel Greenblatt) % of 13.49% is near median its 10-year median of 13.92. Over the past 10 years, this metric has ranged from a low of 6.37 to a high of 20.20. The Forest Products industry median ROC (Joel Greenblatt) % is 4.73. Delignit AG's value of 13.49% is 185.5% above this industry median. Based on the distribution chart, Delignit AG ranks #69 out of 286 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Delignit AG has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Delignit AG's ROC (Joel Greenblatt) % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Delignit AG ranks #69 out of 286 companies for ROC (Joel Greenblatt) %. This places Delignit AG in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 4.73. Delignit AG's value of 13.49% is 185.5% above this benchmark. Historically, Delignit AG's own ROC (Joel Greenblatt) % has ranged from 6.37 to 20.20 over the past decade. While the company's 10-year median is 13.92 vs. the industry median of 4.73, Delignit AG 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 Forest Products company?
The median ROC (Joel Greenblatt) % among Forest Products companies is 4.73, based on 286 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. Delignit AG's current ROC (Joel Greenblatt) % of 13.49% is 185.5% 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 Delignit AG and its competitors. For the Forest Products industry, the median ROC (Joel Greenblatt) % is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delignit AG's current ROC (Joel Greenblatt) % is 13.49%, which is near median its own 10-year median of 13.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delignit AG stock overvalued right now?
Based on GuruFocus' analysis, Delignit AG (FRA:DLX) is currently considered Fairly Valued. The stock's GF Value™ is €2.60, compared to a current price of €2.40 — trading 7.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.49%, which is near median its 10-year median of 13.92 and 185.5% above the Forest Products industry median of 4.73. Delignit AG's overall GF Score™ is 82/100 with 3 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 Delignit AG (FRA:DLX), the current ROC (Joel Greenblatt) % is 13.49% 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 Delignit AG (FRA:DLX) Overvalued in 2026?
Based on GuruFocus' analysis, Delignit AG stock appears to be undervalued.
The current stock price of €2.40 is trading 7.7% below its estimated GF Value™ of €2.60.
GuruFocus considers Delignit AG to be Fairly Valued.
Key valuation signals for FRA:DLX:
ROC (Joel Greenblatt) %: 13.49% (near median its 10-year median of 13.92)
GF Value™: €2.60 vs. price of €2.40 (7.7% below fair value)
Industry Position: 185.5% above the Forest Products median (#69 of 286)
No single metric tells the full story. See the FRA:DLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delignit AG develops, manufactures, and sells ecological, usually hardwood-based, materials and system solutions based on the natural, renewable, and CO2-neutral raw material and wood. The company's operating divisions are the Automotive target market, which is divided into the product groups of light commercial vehicles (LCV), motor caravans, and passenger cars; and the Technological Applications target market, which is divided into the product groups Building Equipment, Compressed Wood, Railfloor and Special Applications. Some of its brands are Delignit, VANYCARE, Festholz, Panzerholz, and carbonwood. Its geographical segments are Germany, European Union, and Others.
82GF Score
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