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H.B. Fuller CoFRA:HB1 -2.83%83 ROC (Joel Greenblatt) % is 34.27% as of May. 2026, which is 39% above its 10-year median of 24.72. GuruFocus rates FRA:HB1 with a GF Score™ of 83/100 and a GF Value™ of €57.47. The stock has 4 warning signs investors should review. Among 1,605 Chemicals companies, H.B. Fuller Co ranks better than 84.55% 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. H.B. Fuller Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 34.27%.
The historical rank and industry rank for H.B. Fuller Co's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:HB1'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.21 Med: 24.72 Max: 28.54
Current: 26.46
During the past 13 years, H.B. Fuller Co's highest ROC (Joel Greenblatt) % was 28.54%. The lowest was 10.21%. And the median was 24.72%.
FRA:HB1's ROC (Joel Greenblatt) % is ranked better than 84.55% of 1605
companies
in the Chemicals industry
Industry Median: 9.47
vs FRA:HB1: 26.46
H.B. Fuller Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.00% per year.
H.B. Fuller Co (FRA:HB1) 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.
H.B. Fuller Co ROC (Joel Greenblatt) % Related Terms
H.B. Fuller Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for H.B. Fuller Co'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:HB1 vs HWKN, WDFC, AVNT: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, H.B. Fuller Co'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.
H.B. Fuller Co ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, H.B. Fuller Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where H.B. Fuller Co's ROC (Joel Greenblatt) % falls into.
H.B. Fuller Co 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:
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 (May. 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 34.27% mean?
H.B. Fuller Co (FRA:HB1) has a ROC (Joel Greenblatt) % of 34.27% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on H.B. Fuller Co and its competitors. This is 39% above median its historical median of 24.72. Over the past decade, H.B. Fuller Co's ROC (Joel Greenblatt) % has ranged from 10.21 to 28.54. According to the industry distribution chart, H.B. Fuller Co ranks #248 out of 1605 companies in the Chemicals industry, placing it in the top 15.5%.
Is H.B. Fuller Co's ROC (Joel Greenblatt) % too high?
H.B. Fuller Co's current ROC (Joel Greenblatt) % of 34.27% is 39% above median its 10-year median of 24.72. Over the past 10 years, this metric has ranged from a low of 10.21 to a high of 28.54. The Chemicals industry median ROC (Joel Greenblatt) % is 9.47. H.B. Fuller Co's value of 34.27% is 261.9% above this industry median. Based on the distribution chart, H.B. Fuller Co ranks #248 out of 1605 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, H.B. Fuller Co has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does H.B. Fuller Co's ROC (Joel Greenblatt) % compare to HWKN and WDFC?
According to the Chemicals industry distribution chart, H.B. Fuller Co ranks #248 out of 1605 companies for ROC (Joel Greenblatt) %. This places H.B. Fuller Co in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.47. H.B. Fuller Co's value of 34.27% is 261.9% above this benchmark. Historically, H.B. Fuller Co's own ROC (Joel Greenblatt) % has ranged from 10.21 to 28.54 over the past decade. While the company's 10-year median is 24.72 vs. the industry median of 9.47, H.B. Fuller Co 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.47, based on 1,605 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. H.B. Fuller Co's current ROC (Joel Greenblatt) % of 34.27% is 261.9% 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 H.B. Fuller Co and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H.B. Fuller Co's current ROC (Joel Greenblatt) % is 34.27%, which is 39% above median its own 10-year median of 24.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H.B. Fuller Co stock overvalued right now?
H.B. Fuller Co (FRA:HB1) has a current ROC (Joel Greenblatt) % of 34.27%. The stock's GF Value™ is €57.47, compared to a current price of €48.00 — trading 16.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 34.27%, which is 39% above median its 10-year median of 24.72 and 261.9% above the Chemicals industry median of 9.47. H.B. Fuller Co's overall GF Score™ is 83/100 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 H.B. Fuller Co (FRA:HB1), the current ROC (Joel Greenblatt) % is 34.27% as of May. 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 H.B. Fuller Co (FRA:HB1) Overvalued in 2026?
Based on GuruFocus' analysis, H.B. Fuller Co stock appears to be undervalued.
The current stock price of €48.00 is trading 16.5% below its estimated GF Value™ of €57.47.
Key valuation signals for FRA:HB1:
ROC (Joel Greenblatt) %: 34.27% (39% above median its 10-year median of 24.72)
GF Value™: €57.47 vs. price of €48.00 (16.5% below fair value)
Industry Position: 261.9% above the Chemicals median (#248 of 1605)
No single metric tells the full story. See the FRA:HB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
H.B. Fuller Co manufactures and sells adhesives, sealants, and other chemical-based products. The company organizes itself into three segments: Hygiene, Health and Consumable Adhesives, Engineering Adhesives, and Construction Adhesives. It generates the maximum revenue from hygiene, health, and consumable adhesives. This segment produces and supplies a full range of specialty industrial adhesives such as thermoplastic, thermoset, reactive, water-based, and solvent-based products for applications in various markets, including packaging, converting, nonwoven, and hygiene (disposable diapers, feminine care, and medical garments) and health and beauty. The company generates around half of its revenue in the United States.
83GF Score
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