Renew HoldingsFRA:LLP +0.95%89 ROC (Joel Greenblatt) % is 90.04% as of Mar. 2026, which is 42% below its 10-year median of 154.48. GuruFocus rates FRA:LLP with a GF Score™ of 89/100 and a GF Value™ of €11.32. The stock has 1 warning sign investors should review. Among 1,775 Construction companies, Renew Holdings ranks better than 89.07% 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. Renew Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 90.04%.
The historical rank and industry rank for Renew Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:LLP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 116.05 Med: 154.48 Max: 193.84
Current: 116.05
During the past 13 years, Renew Holdings's highest ROC (Joel Greenblatt) % was 193.84%. The lowest was 116.05%. And the median was 154.48%.
FRA:LLP's ROC (Joel Greenblatt) % is ranked better than 89.07% of 1775
companies
in the Construction industry
Industry Median: 19.37
vs FRA:LLP: 116.05
Renew Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.70% per year.
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.
Renew Holdings ROC (Joel Greenblatt) % Related Terms
Renew Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Renew Holdings'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:LLP vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Renew Holdings'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.
Renew Holdings ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Renew Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Renew Holdings's ROC (Joel Greenblatt) % falls into.
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 (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 90.04% mean?
Renew Holdings (FRA:LLP) has a ROC (Joel Greenblatt) % of 90.04% 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 Renew Holdings and its competitors. This is 42% below median its historical median of 154.48. Over the past decade, Renew Holdings' ROC (Joel Greenblatt) % has ranged from 116.05 to 193.84. According to the industry distribution chart, Renew Holdings ranks #194 out of 1775 companies in the Construction industry, placing it in the top 10.9%.
Is Renew Holdings' ROC (Joel Greenblatt) % too high?
Renew Holdings' current ROC (Joel Greenblatt) % of 90.04% is 42% below median its 10-year median of 154.48. Over the past 10 years, this metric has ranged from a low of 116.05 to a high of 193.84. The Construction industry median ROC (Joel Greenblatt) % is 19.37. Renew Holdings' value of 90.04% is 364.8% above this industry median. Based on the distribution chart, Renew Holdings ranks #194 out of 1775 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Renew Holdings has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Renew Holdings' ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Renew Holdings ranks #194 out of 1775 companies for ROC (Joel Greenblatt) %. This places Renew Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.37. Renew Holdings' value of 90.04% is 364.8% above this benchmark. Historically, Renew Holdings' own ROC (Joel Greenblatt) % has ranged from 116.05 to 193.84 over the past decade. While the company's 10-year median is 154.48 vs. the industry median of 19.37, Renew Holdings 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.37, based on 1,775 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. Renew Holdings's current ROC (Joel Greenblatt) % of 90.04% is 364.8% 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 Renew Holdings and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renew Holdings's current ROC (Joel Greenblatt) % is 90.04%, which is 42% below median its own 10-year median of 154.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renew Holdings stock overvalued right now?
Renew Holdings (FRA:LLP) has a current ROC (Joel Greenblatt) % of 90.04%. The stock's GF Value™ is €11.32, compared to a current price of €10.60 — trading 6.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 90.04%, which is 42% below median its 10-year median of 154.48 and 364.8% above the Construction industry median of 19.37. Renew Holdings' overall GF Score™ is 89/100 with 1 warning sign 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 Renew Holdings (FRA:LLP), the current ROC (Joel Greenblatt) % is 90.04% 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 Renew Holdings (FRA:LLP) Overvalued in 2026?
Based on GuruFocus' analysis, Renew Holdings stock appears to be undervalued.
The current stock price of €10.60 is trading 6.4% below its estimated GF Value™ of €11.32.
Key valuation signals for FRA:LLP:
ROC (Joel Greenblatt) %: 90.04% (42% below median its 10-year median of 154.48)
GF Value™: €11.32 vs. price of €10.60 (6.4% below fair value)
Industry Position: 364.8% above the Construction median (#194 of 1775)
No single metric tells the full story. See the FRA:LLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Renew Holdings PLC provides multidisciplinary engineering services to the energy, environmental, infrastructure, and specialist building sectors in the United Kingdom. Its activities are operated through a business segment that includes Engineering Services, providing infrastructure maintenance across a range of civil, mechanical, and electrical engineering applications. The service process is predominantly based on long-term framework agreements, serving blue-chip customers in regulated markets. Services are delivered directly by the Group's skilled engineering workforce, supplemented by specialist subcontractors where appropriate. The company operates in the UK and Europe, with the majority of operating revenue generated from the UK.
89GF Score
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