Etteplan Oyj (FRA:EPL) ROC (Joel Greenblatt) %: 31.46% (As of Mar. 2026) — 68% Below Median


FRA:EPL Etteplan Oyj FRA:EPL
65 GF Score
Price €7.12
GF Value €11.13
! 4 Warning Signs
View Full Analysis

What is Etteplan Oyj ROC (Joel Greenblatt) %?

Etteplan Oyj FRA:EPL +0.28% 65 ROC (Joel Greenblatt) % is 31.46% as of Mar. 2026, which is 68% below its 10-year median of 99.43. GuruFocus rates FRA:EPL with a GF Score™ of 65/100 and a GF Value™ of €11.13. The stock has 4 warning signs investors should review. Among 1,778 Construction companies, Etteplan Oyj ranks better than 68.62% 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. Etteplan Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.46%.

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

FRA:EPL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 36.23   Med: 99.43   Max: 400.67
Current: 36.23

During the past 13 years, Etteplan Oyj's highest ROC (Joel Greenblatt) % was 400.67%. The lowest was 36.23%. And the median was 99.43%.

FRA:EPL's ROC (Joel Greenblatt) % is ranked better than
68.62% of 1778 companies
in the Construction industry
Industry Median: 19.5 vs FRA:EPL: 36.23

Etteplan Oyj's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -17.00% per year.


Etteplan Oyj  (FRA:EPL) 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.


Etteplan Oyj ROC (Joel Greenblatt) % Related Terms


Etteplan Oyj ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Etteplan 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.

Etteplan Oyj ROC (Joel Greenblatt) % Chart

Etteplan Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.12 67.83 58.45 45.39 44.98

Etteplan Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 37.06 34.15 30.29 44.17 31.46

FRA:EPL vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Etteplan 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.


Etteplan Oyj ROC (Joel Greenblatt) % vs Construction Industry

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

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


FRA:EPL
65GF Score
Etteplan Oyj FRA:EPL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Etteplan Oyj 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)
=(50.765 + 25.597 + 2.252) - (29.683 + 0 + 34.738)
=14.193

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(51.422 + 0.619 + 0.28700000000001) - (60.288 + 0 + 5.233)
=-13.193

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Etteplan Oyj for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10.16/( ( (25.659 + max(14.193, 0)) + (24.738 + max(-13.193, 0)) )/ 2 )
=10.16/( ( 39.852 + 24.738 )/ 2 )
=10.16/32.295
=31.46 %

Note: The EBIT data used here is four times the quarterly (Mar. 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 31.46% mean?
Etteplan Oyj (FRA:EPL) has a ROC (Joel Greenblatt) % of 31.46% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Etteplan Oyj and its competitors. This is 68% below median its historical median of 99.43. Over the past decade, Etteplan Oyj's ROC (Joel Greenblatt) % has ranged from 36.23 to 400.67. According to the industry distribution chart, Etteplan Oyj ranks #558 out of 1778 companies in the Construction industry, placing it in the top 31.4%.
Is Etteplan Oyj's ROC (Joel Greenblatt) % too high?
Etteplan Oyj's current ROC (Joel Greenblatt) % of 31.46% is 68% below median its 10-year median of 99.43. Over the past 10 years, this metric has ranged from a low of 36.23 to a high of 400.67. The Construction industry median ROC (Joel Greenblatt) % is 19.50. Etteplan Oyj's value of 31.46% is 61.3% above this industry median. Based on the distribution chart, Etteplan Oyj ranks #558 out of 1778 companies in the Construction industry, which is above the industry midpoint. Overall, Etteplan Oyj has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Etteplan Oyj's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Etteplan Oyj ranks #558 out of 1778 companies for ROC (Joel Greenblatt) %. This puts Etteplan Oyj in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.50. Etteplan Oyj's value of 31.46% is 61.3% above this benchmark. Historically, Etteplan Oyj's own ROC (Joel Greenblatt) % has ranged from 36.23 to 400.67 over the past decade. While the company's 10-year median is 99.43 vs. the industry median of 19.50, Etteplan Oyj 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 19.50, based on 1,778 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. Etteplan Oyj's current ROC (Joel Greenblatt) % of 31.46% is 61.3% 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 Etteplan Oyj and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Etteplan Oyj's current ROC (Joel Greenblatt) % is 31.46%, which is 68% below median its own 10-year median of 99.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etteplan Oyj stock overvalued right now?
Etteplan Oyj (FRA:EPL) has a current ROC (Joel Greenblatt) % of 31.46%. The stock's GF Value™ is €11.13, compared to a current price of €7.12 — trading 36% below its estimated fair value. The current ROC (Joel Greenblatt) % is 31.46%, which is 68% below median its 10-year median of 99.43 and 61.3% above the Construction industry median of 19.50. Etteplan Oyj's overall GF Score™ is 65/100 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 Etteplan Oyj (FRA:EPL), the current ROC (Joel Greenblatt) % is 31.46% as of Mar. 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 Etteplan Oyj (FRA:EPL) Overvalued in 2026?

Based on GuruFocus' analysis, Etteplan Oyj stock appears to be undervalued. The current stock price of €7.12 is trading 36% below its estimated GF Value™ of €11.13.

Key valuation signals for FRA:EPL:

  • ROC (Joel Greenblatt) %: 31.46% (68% below median its 10-year median of 99.43)
  • GF Value™: €11.13 vs. price of €7.12 (36% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 61.3% above the Construction median (#558 of 1778)

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


Etteplan Oyj Business Description

Address Tekniikantie 4 D, Espoo, FIN, 02150
Etteplan Oyj provides software and embedded solutions, industrial equipment and plant engineering, and technical communication and data solutions to manufacturing companies, aimed at improving product competitiveness across the product lifecycle. It operates through three segments: Engineering Solutions (generates maximum revenue), which includes product development, plant engineering, and engineering-to-order projects; Software and Embedded Solutions, which focuses on machine control, digital connectivity, and Internet of Things solutions; and Technical Communication and Data Solutions, which includes technical documentation and content management. The company operates mainly in Finland (generates maximum revenue), as well as in Scandinavia, Central Europe, and China.
65GF Score

Get the complete analysis for FRA:EPL

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

€7.12
Price
€11.13
GF Value