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Mueller Water ProductsFRA:JT5 +1.34%94 ROC (Joel Greenblatt) % is 47.47% as of Mar. 2026, which is 74% above its 10-year median of 27.25. GuruFocus rates FRA:JT5 with a GF Score™ of 94/100 and a GF Value™ of €21.66 (Fairly Valued). Among 3,064 Industrial Products companies, Mueller Water Products ranks better than 86.59% 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. Mueller Water Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 47.47%.
The historical rank and industry rank for Mueller Water Products's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:JT5'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.63 Med: 27.25 Max: 45.53
Current: 43.52
During the past 13 years, Mueller Water Products's highest ROC (Joel Greenblatt) % was 45.53%. The lowest was 19.63%. And the median was 27.25%.
FRA:JT5's ROC (Joel Greenblatt) % is ranked better than 86.59% of 3064
companies
in the Industrial Products industry
Industry Median: 11.675
vs FRA:JT5: 43.52
Mueller Water Products's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.10% per year.
Mueller Water Products (FRA:JT5) 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.
Mueller Water Products ROC (Joel Greenblatt) % Related Terms
Mueller Water Products ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Mueller Water Products'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.
Mueller Water Products ROC (Joel Greenblatt) % Chart
FRA:JT5 vs MIR, KAI, SXI: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Mueller Water Products'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.
Mueller Water Products ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mueller Water Products's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mueller Water Products's ROC (Joel Greenblatt) % falls into.
Mueller Water Products 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 (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 47.47% mean?
Mueller Water Products (FRA:JT5) has a ROC (Joel Greenblatt) % of 47.47% 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 Mueller Water Products and its competitors. This is 74% above median its historical median of 27.25. Over the past decade, Mueller Water Products' ROC (Joel Greenblatt) % has ranged from 19.63 to 45.53. According to the industry distribution chart, Mueller Water Products ranks #411 out of 3064 companies in the Industrial Products industry, placing it in the top 13.4%.
Is Mueller Water Products' ROC (Joel Greenblatt) % too high?
Mueller Water Products' current ROC (Joel Greenblatt) % of 47.47% is 74% above median its 10-year median of 27.25. Over the past 10 years, this metric has ranged from a low of 19.63 to a high of 45.53. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.68. Mueller Water Products' value of 47.47% is 306.6% above this industry median. Based on the distribution chart, Mueller Water Products ranks #411 out of 3064 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mueller Water Products has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mueller Water Products' ROC (Joel Greenblatt) % compare to MIR and KAI?
According to the Industrial Products industry distribution chart, Mueller Water Products ranks #411 out of 3064 companies for ROC (Joel Greenblatt) %. This places Mueller Water Products in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.68. Mueller Water Products' value of 47.47% is 306.6% above this benchmark. Historically, Mueller Water Products' own ROC (Joel Greenblatt) % has ranged from 19.63 to 45.53 over the past decade. While the company's 10-year median is 27.25 vs. the industry median of 11.68, Mueller Water Products 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.68, based on 3,064 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. Mueller Water Products's current ROC (Joel Greenblatt) % of 47.47% is 306.6% 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 Mueller Water Products and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mueller Water Products's current ROC (Joel Greenblatt) % is 47.47%, which is 74% above median its own 10-year median of 27.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mueller Water Products stock overvalued right now?
Based on GuruFocus' analysis, Mueller Water Products (FRA:JT5) is currently considered Fairly Valued. The stock's GF Value™ is €21.66, compared to a current price of €21.87 — trading 1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 47.47%, which is 74% above median its 10-year median of 27.25 and 306.6% above the Industrial Products industry median of 11.68. Mueller Water Products' overall GF Score™ is 94/100. 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 Mueller Water Products (FRA:JT5), the current ROC (Joel Greenblatt) % is 47.47% 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 Mueller Water Products (FRA:JT5) Overvalued in 2026?
Based on GuruFocus' analysis, Mueller Water Products stock appears to be overvalued.
The current stock price of €21.87 is trading 1% above its estimated GF Value™ of €21.66.
GuruFocus considers Mueller Water Products to be Fairly Valued.
Key valuation signals for FRA:JT5:
ROC (Joel Greenblatt) %: 47.47% (74% above median its 10-year median of 27.25)
GF Value™: €21.66 vs. price of €21.87 (1% above fair value)
Industry Position: 306.6% above the Industrial Products median (#411 of 3064)
No single metric tells the full story. See the FRA:JT5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mueller Water Products Inc is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments: Water Flow Solutions and Water Management Solutions. The Water Flow Solutions segment, which derives maximum revenue for the company, includes products like iron gate valves, specialty valves, and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. Geographically, the company derives a majority of its revenue from the United States and the rest from Canada and other international locations.
94GF Score
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