Commercial Vehicle Group (FRA:FDU) ROC (Joel Greenblatt) %: 12.96% (As of Mar. 2026) — 19% Below Median


FRA:FDU Commercial Vehicle Group Inc FRA:FDU
39 GF Score
Price €4.38
GF Value €2.46
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Commercial Vehicle Group ROC (Joel Greenblatt) %?

Commercial Vehicle Group FRA:FDU +4.78% 39 ROC (Joel Greenblatt) % is 12.96% as of Mar. 2026, which is 19% below its 10-year median of 15.97. GuruFocus rates FRA:FDU with a GF Score™ of 39/100 and a GF Value™ of €2.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,333 Vehicles & Parts companies, Commercial Vehicle Group ranks worse than 78.62% 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. Commercial Vehicle Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.96%.

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

FRA:FDU' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.14   Med: 15.97   Max: 37.21
Current: 1.21

During the past 13 years, Commercial Vehicle Group's highest ROC (Joel Greenblatt) % was 37.21%. The lowest was -11.14%. And the median was 15.97%.

FRA:FDU's ROC (Joel Greenblatt) % is ranked worse than
78.62% of 1333 companies
in the Vehicles & Parts industry
Industry Median: 12.01 vs FRA:FDU: 1.21

Commercial Vehicle Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Commercial Vehicle Group  (FRA:FDU) 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.


Commercial Vehicle Group ROC (Joel Greenblatt) % Related Terms


Commercial Vehicle Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Commercial Vehicle Group'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.

Commercial Vehicle Group ROC (Joel Greenblatt) % Chart

Commercial Vehicle Group 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 18.56 5.29 14.90 0.36 -1.02

Commercial Vehicle Group 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 2.21 -0.15 -3.86 -3.64 12.96

FRA:FDU vs CAAS, INVZ, SRI: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, Commercial Vehicle Group'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.


Commercial Vehicle Group ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Commercial Vehicle Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Commercial Vehicle Group's ROC (Joel Greenblatt) % falls into.


FRA:FDU
39GF Score
Commercial Vehicle Group Inc FRA:FDU
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Commercial Vehicle Group 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)
=(73.668 + 101.248 + 21.542) - (70.644 + 0 + 13.105)
=112.709

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(87.235 + 105.19 + 22.077) - (83.02 + 0 + 18.543)
=112.939

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Commercial Vehicle Group 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 )
=23.844/( ( (88.298 + max(112.709, 0)) + (54.105 + max(112.939, 0)) )/ 2 )
=23.844/( ( 201.007 + 167.044 )/ 2 )
=23.844/184.0255
=12.96 %

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 12.96% mean?
Commercial Vehicle Group (FRA:FDU) has a ROC (Joel Greenblatt) % of 12.96% 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 Commercial Vehicle Group and its competitors. This is 19% below median its historical median of 15.97. According to the industry distribution chart, Commercial Vehicle Group ranks #1048 out of 1333 companies in the Vehicles & Parts industry, placing it in the top 78.6%.
Is Commercial Vehicle Group's ROC (Joel Greenblatt) % too high?
Commercial Vehicle Group's current ROC (Joel Greenblatt) % of 12.96% is 19% below median its 10-year median of 15.97. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.01. Commercial Vehicle Group's value of 12.96% is 7.9% above this industry median. Based on the distribution chart, Commercial Vehicle Group ranks #1048 out of 1333 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Commercial Vehicle Group has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Commercial Vehicle Group's ROC (Joel Greenblatt) % compare to CAAS and INVZ?
According to the Vehicles & Parts industry distribution chart, Commercial Vehicle Group ranks #1048 out of 1333 companies for ROC (Joel Greenblatt) %. This places Commercial Vehicle Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.01. Commercial Vehicle Group's value of 12.96% is 7.9% above this benchmark. While the company's 10-year median is 15.97 vs. the industry median of 12.01, Commercial Vehicle Group 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.01, based on 1,333 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. Commercial Vehicle Group's current ROC (Joel Greenblatt) % of 12.96% is 7.9% 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 Commercial Vehicle Group and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commercial Vehicle Group's current ROC (Joel Greenblatt) % is 12.96%, which is 19% below median its own 10-year median of 15.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commercial Vehicle Group stock overvalued right now?
Based on GuruFocus' analysis, Commercial Vehicle Group (FRA:FDU) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.46, compared to a current price of €4.38 — trading 78% above its estimated fair value. The current ROC (Joel Greenblatt) % is 12.96%, which is 19% below median its 10-year median of 15.97 and 7.9% above the Vehicles & Parts industry median of 12.01. Commercial Vehicle Group's overall GF Score™ is 39/100 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 Commercial Vehicle Group (FRA:FDU), the current ROC (Joel Greenblatt) % is 12.96% 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 Commercial Vehicle Group (FRA:FDU) Overvalued in 2026?

Based on GuruFocus' analysis, Commercial Vehicle Group stock appears to be overvalued. The current stock price of €4.38 is trading 78% above its estimated GF Value™ of €2.46. GuruFocus considers Commercial Vehicle Group to be Significantly Overvalued.

Key valuation signals for FRA:FDU:

  • ROC (Joel Greenblatt) %: 12.96% (19% below median its 10-year median of 15.97)
  • GF Value™: €2.46 vs. price of €4.38 (78% above fair value)
  • GF Score™: 39/100 with 4 warning signs
  • Industry Position: 7.9% above the Vehicles & Parts median (#1048 of 1333)

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


Commercial Vehicle Group Business Description

Other Exchanges CVGI:USA
Address 7800 Walton Parkway, New Albany, OH, USA, 43054
Commercial Vehicle Group Inc and its subsidiaries are a globalised provider of systems, assemblies, and components to international commercial vehicle markets and electric vehicle markets. It delivers real solutions to complex design, engineering, and manufacturing problems while creating positive change for customers, industries, and communities it serves. The company has its manufacturing operations in the United States, Mexico, China, the United Kingdom, the Czech Republic, Ukraine, Morocco, Thailand, India, and Australia. Organisations' products are mainly sold in North America, Europe, and the Asia-Pacific region. It has three segments: Global Seating Segment, Global Electrical systmem, and Trim Systems and Components Segment, with the majority of revenue from Global Seating Segment.
39GF Score

Get the complete analysis for FRA:FDU

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

€4.38
Price
€2.46
GF Value