H. Lundbeck ASFRA:LDBA +0.09%84 ROC (Joel Greenblatt) % is 223.83% as of Mar. 2026, which is 88% above its 10-year median of 119.11. GuruFocus rates FRA:LDBA with a GF Score™ of 84/100 and a GF Value™ of €6.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 978 Drug Manufacturers companies, H. Lundbeck AS ranks better than 94.89% 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. Lundbeck AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 223.83%.
The historical rank and industry rank for H. Lundbeck AS's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:LDBA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 61.49 Med: 119.11 Max: 263.92
Current: 125.38
During the past 13 years, H. Lundbeck AS's highest ROC (Joel Greenblatt) % was 263.92%. The lowest was 61.49%. And the median was 119.11%.
FRA:LDBA's ROC (Joel Greenblatt) % is ranked better than 94.89% of 978
companies
in the Drug Manufacturers industry
Industry Median: 11.45
vs FRA:LDBA: 125.38
H. Lundbeck AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 19.00% per year.
H. Lundbeck AS (FRA:LDBA) 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. Lundbeck AS ROC (Joel Greenblatt) % Related Terms
H. Lundbeck AS ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for H. Lundbeck 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:LDBA vs ZTS, UTHR, VTRS: ROC (Joel Greenblatt) % Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, H. Lundbeck 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.
H. Lundbeck AS ROC (Joel Greenblatt) % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, H. Lundbeck AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where H. Lundbeck AS's ROC (Joel Greenblatt) % falls into.
H. Lundbeck 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 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 223.83% mean?
H. Lundbeck AS (FRA:LDBA) has a ROC (Joel Greenblatt) % of 223.83% 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 H. Lundbeck AS and its competitors. This is 88% above median its historical median of 119.11. Over the past decade, H. Lundbeck AS's ROC (Joel Greenblatt) % has ranged from 61.49 to 263.92. According to the industry distribution chart, H. Lundbeck AS ranks #50 out of 978 companies in the Drug Manufacturers industry, placing it in the top 5.1%.
Is H. Lundbeck AS's ROC (Joel Greenblatt) % too high?
H. Lundbeck AS's current ROC (Joel Greenblatt) % of 223.83% is 88% above median its 10-year median of 119.11. Over the past 10 years, this metric has ranged from a low of 61.49 to a high of 263.92. The Drug Manufacturers industry median ROC (Joel Greenblatt) % is 11.45. H. Lundbeck AS's value of 223.83% is 1854.8% above this industry median. Based on the distribution chart, H. Lundbeck AS ranks #50 out of 978 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, H. Lundbeck AS has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H. Lundbeck AS's ROC (Joel Greenblatt) % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, H. Lundbeck AS ranks #50 out of 978 companies for ROC (Joel Greenblatt) %. This places H. Lundbeck AS in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.45. H. Lundbeck AS's value of 223.83% is 1854.8% above this benchmark. Historically, H. Lundbeck AS's own ROC (Joel Greenblatt) % has ranged from 61.49 to 263.92 over the past decade. While the company's 10-year median is 119.11 vs. the industry median of 11.45, H. Lundbeck AS 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 Drug Manufacturers company?
The median ROC (Joel Greenblatt) % among Drug Manufacturers companies is 11.45, based on 978 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. Lundbeck AS's current ROC (Joel Greenblatt) % of 223.83% is 1854.8% 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. Lundbeck AS and its competitors. For the Drug Manufacturers industry, the median ROC (Joel Greenblatt) % is 11.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H. Lundbeck AS's current ROC (Joel Greenblatt) % is 223.83%, which is 88% above median its own 10-year median of 119.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H. Lundbeck AS stock overvalued right now?
Based on GuruFocus' analysis, H. Lundbeck AS (FRA:LDBA) is currently considered Fairly Valued. The stock's GF Value™ is €6.31, compared to a current price of €5.75 — trading 8.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 223.83%, which is 88% above median its 10-year median of 119.11 and 1854.8% above the Drug Manufacturers industry median of 11.45. H. Lundbeck AS's overall GF Score™ is 84/100 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. Lundbeck AS (FRA:LDBA), the current ROC (Joel Greenblatt) % is 223.83% 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 H. Lundbeck AS (FRA:LDBA) Overvalued in 2026?
Based on GuruFocus' analysis, H. Lundbeck AS stock appears to be undervalued.
The current stock price of €5.75 is trading 8.9% below its estimated GF Value™ of €6.31.
GuruFocus considers H. Lundbeck AS to be Fairly Valued.
Key valuation signals for FRA:LDBA:
ROC (Joel Greenblatt) %: 223.83% (88% above median its 10-year median of 119.11)
GF Value™: €6.31 vs. price of €5.75 (8.9% below fair value)
Industry Position: 1854.8% above the Drug Manufacturers median (#50 of 978)
No single metric tells the full story. See the FRA:LDBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lundbeck is a Denmark-based pharmaceutical firm that focuses on the development and commercialization of central nervous system drugs including antidepressants, antipsychotics, and antiepileptic products. The company's portfolio includes Abilify Maintena and Rexulti for psychosis, Brintellix/Trintellix for depression, Northera for Parkinson's disease symptoms, Sabril and Onfi for seizures, and Vyepti for migraine prevention. Most of the company's sales are derived in North America, followed by Asia and Europe.
84GF Score
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