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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. HusCompagniet AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -21.81%.
The historical rank and industry rank for HusCompagniet AS's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:HCE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.78 Med: 187.41 Max: 399.79
Current: 1.81
During the past 9 years, HusCompagniet AS's highest ROC (Joel Greenblatt) % was 399.79%. The lowest was 1.78%. And the median was 187.41%.
FRA:HCE's ROC (Joel Greenblatt) % is ranked worse than 83.33% of 96
companies
in the Homebuilding & Construction industry
Industry Median: 11.055
vs FRA:HCE: 1.81
HusCompagniet AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -58.80% per year.
HusCompagniet AS (FRA:HCE) 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.
HusCompagniet AS ROC (Joel Greenblatt) % Related Terms
HusCompagniet AS ROC (Joel Greenblatt) % Historical Data
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The historical data trend for HusCompagniet AS'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:HCE vs DHI, PHM, LEN: ROC (Joel Greenblatt) % Comparison
For the Residential Construction subindustry, HusCompagniet AS'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.
HusCompagniet AS ROC (Joel Greenblatt) % vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, HusCompagniet AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where HusCompagniet AS's ROC (Joel Greenblatt) % falls into.
HusCompagniet AS 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 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 -21.81% mean?
HusCompagniet AS (FRA:HCE) has a ROC (Joel Greenblatt) % of -21.81% 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 HusCompagniet AS and its competitors. Over the past decade, HusCompagniet AS's ROC (Joel Greenblatt) % has ranged from 1.78 to 399.79. According to the industry distribution chart, HusCompagniet AS ranks #80 out of 96 companies in the Homebuilding & Construction industry, placing it in the top 83.3%.
Is HusCompagniet AS's ROC (Joel Greenblatt) % too high?
HusCompagniet AS's current ROC (Joel Greenblatt) % is -21.81%. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 399.79. Based on the distribution chart, HusCompagniet AS ranks #80 out of 96 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, HusCompagniet AS has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does HusCompagniet AS's ROC (Joel Greenblatt) % compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, HusCompagniet AS ranks #80 out of 96 companies for ROC (Joel Greenblatt) %. This places HusCompagniet AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.06. Historically, HusCompagniet AS's own ROC (Joel Greenblatt) % has ranged from 1.78 to 399.79 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 Homebuilding & Construction company?
The median ROC (Joel Greenblatt) % among Homebuilding & Construction companies is 11.06, based on 96 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 HusCompagniet AS and its competitors. For the Homebuilding & Construction industry, the median ROC (Joel Greenblatt) % is 11.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HusCompagniet AS's current ROC (Joel Greenblatt) % is -21.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HusCompagniet AS stock overvalued right now?
HusCompagniet AS (FRA:HCE) has a current ROC (Joel Greenblatt) % of -21.81%. The stock's GF Value™ is €6.80, compared to a current price of €4.32 — trading 36.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is -21.81%. HusCompagniet AS's overall GF Score™ is 64/100 with 5 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 HusCompagniet AS (FRA:HCE), the current ROC (Joel Greenblatt) % is -21.81% 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 HusCompagniet AS (FRA:HCE) Overvalued in 2026?
Based on GuruFocus' analysis, HusCompagniet AS stock appears to be undervalued.
The current stock price of €4.32 is trading 36.5% below its estimated GF Value™ of €6.80.
Key valuation signals for FRA:HCE:
ROC (Joel Greenblatt) %: -21.81%
GF Value™: €6.80 vs. price of €4.32 (36.5% below fair value)
No single metric tells the full story. See the FRA:HCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HusCompagniet AS is a house builder in the Nordic region. It is engaged in the construction and sale of single-family houses in Denmark and Sweden. It delivers high-quality single-family houses with great value for money. The company's operating segments include Detached houses in Denmark, Semi-detached and wooden-frame houses in Denmark, and the Wooden segment. It generates maximum revenue from Detached houses in Denmark. The detached houses in the Denmark segment comprise brick houses built on-site and plots. Geographically, it generates the majority of its revenue from Denmark.
64GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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