Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
AECOMFRA:E6Z -8.70%63 ROC (Joel Greenblatt) % is -27.09% as of Jun. 2026. GuruFocus rates FRA:E6Z with a GF Score™ of 63/100 and a GF Value™ of €83.69 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,788 Construction companies, AECOM ranks better than 85.46% 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. AECOM's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -27.09%.
The historical rank and industry rank for AECOM's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:E6Z'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 41.47 Med: 66.93 Max: 132.02
Current: 83.62
During the past 13 years, AECOM's highest ROC (Joel Greenblatt) % was 132.02%. The lowest was 41.47%. And the median was 66.93%.
FRA:E6Z's ROC (Joel Greenblatt) % is ranked better than 85.46% of 1788
companies
in the Construction industry
Industry Median: 19.395
vs FRA:E6Z: 83.62
AECOM's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 17.50% 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.
The historical data trend for AECOM'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:E6Z vs TTEK, AGX, FLR: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, AECOM'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.
AECOM ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, AECOM's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where AECOM'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 (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 -27.09% mean?
AECOM (FRA:E6Z) has a ROC (Joel Greenblatt) % of -27.09% 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 AECOM and its competitors. Over the past decade, AECOM's ROC (Joel Greenblatt) % has ranged from 41.47 to 132.02. According to the industry distribution chart, AECOM ranks #260 out of 1788 companies in the Construction industry, placing it in the top 14.5%.
Is AECOM's ROC (Joel Greenblatt) % too high?
AECOM's current ROC (Joel Greenblatt) % is -27.09%. Over the past 10 years, this metric has ranged from a low of 41.47 to a high of 132.02. Based on the distribution chart, AECOM ranks #260 out of 1788 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, AECOM has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AECOM's ROC (Joel Greenblatt) % compare to TTEK and AGX?
According to the Construction industry distribution chart, AECOM ranks #260 out of 1788 companies for ROC (Joel Greenblatt) %. This places AECOM in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.40. Historically, AECOM's own ROC (Joel Greenblatt) % has ranged from 41.47 to 132.02 over the past decade. 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 19.40, based on 1,788 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. 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 AECOM and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AECOM's current ROC (Joel Greenblatt) % is -27.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AECOM stock overvalued right now?
Based on GuruFocus' analysis, AECOM (FRA:E6Z) is currently considered Significantly Undervalued. The stock's GF Value™ is €83.69, compared to a current price of €52.50 — trading 37.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is -27.09%. AECOM's overall GF Score™ is 63/100 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 AECOM (FRA:E6Z), the current ROC (Joel Greenblatt) % is -27.09% 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 AECOM (FRA:E6Z) Overvalued in 2026?
Based on GuruFocus' analysis, AECOM stock appears to be undervalued.
The current stock price of €52.50 is trading 37.3% below its estimated GF Value™ of €83.69.
GuruFocus considers AECOM to be Significantly Undervalued.
Key valuation signals for FRA:E6Z:
ROC (Joel Greenblatt) %: -27.09%
GF Value™: €83.69 vs. price of €52.50 (37.3% below fair value)
No single metric tells the full story. See the FRA:E6Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aecom is one of the largest global providers of advisory, design, and engineering services. It serves a broad spectrum of end markets, including water, transportation, and environment. Based in Dallas, Aecom employs 51,000 people. The company generated $16.1 billion in sales in fiscal 2025.
63GF Score
Get the complete analysis for FRA:E6Z
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:E6Z has been successfully added to your 
