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Multi-ChemFRA:MQR1 +0.74%79 ROC (Joel Greenblatt) % is 80.77% as of Jun. 2026, which is 61% above its 10-year median of 50.17. GuruFocus rates FRA:MQR1 with a GF Score™ of 79/100 and a GF Value™ of €2.03 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,493 Hardware companies, Multi-Chem ranks better than 91.01% 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. Multi-Chem's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 80.77%.
The historical rank and industry rank for Multi-Chem's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:MQR1'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 22.01 Med: 50.17 Max: 81.94
Current: 69.49
During the past 13 years, Multi-Chem's highest ROC (Joel Greenblatt) % was 81.94%. The lowest was 22.01%. And the median was 50.17%.
FRA:MQR1's ROC (Joel Greenblatt) % is ranked better than 91.01% of 2493
companies
in the Hardware industry
Industry Median: 10.89
vs FRA:MQR1: 69.49
Multi-Chem's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 7.90% 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.
Multi-Chem ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Multi-Chem'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:MQR1 vs SNX, ARW, AVT: ROC (Joel Greenblatt) % Comparison
For the Electronics & Computer Distribution subindustry, Multi-Chem'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.
Multi-Chem ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Multi-Chem's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Multi-Chem'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 (Jun. 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 80.77% mean?
Multi-Chem (FRA:MQR1) has a ROC (Joel Greenblatt) % of 80.77% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Multi-Chem and its competitors. This is 61% above median its historical median of 50.17. Over the past decade, Multi-Chem's ROC (Joel Greenblatt) % has ranged from 22.01 to 81.94. According to the industry distribution chart, Multi-Chem ranks #224 out of 2493 companies in the Hardware industry, placing it in the top 9%.
Is Multi-Chem's ROC (Joel Greenblatt) % too high?
Multi-Chem's current ROC (Joel Greenblatt) % of 80.77% is 61% above median its 10-year median of 50.17. Over the past 10 years, this metric has ranged from a low of 22.01 to a high of 81.94. The Hardware industry median ROC (Joel Greenblatt) % is 10.89. Multi-Chem's value of 80.77% is 641.7% above this industry median. Based on the distribution chart, Multi-Chem ranks #224 out of 2493 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Multi-Chem has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Multi-Chem's ROC (Joel Greenblatt) % compare to SNX and ARW?
According to the Hardware industry distribution chart, Multi-Chem ranks #224 out of 2493 companies for ROC (Joel Greenblatt) %. This places Multi-Chem in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.89. Multi-Chem's value of 80.77% is 641.7% above this benchmark. Historically, Multi-Chem's own ROC (Joel Greenblatt) % has ranged from 22.01 to 81.94 over the past decade. While the company's 10-year median is 50.17 vs. the industry median of 10.89, Multi-Chem 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.89, based on 2,493 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. Multi-Chem's current ROC (Joel Greenblatt) % of 80.77% is 641.7% 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 Multi-Chem and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multi-Chem's current ROC (Joel Greenblatt) % is 80.77%, which is 61% above median its own 10-year median of 50.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi-Chem stock overvalued right now?
Based on GuruFocus' analysis, Multi-Chem (FRA:MQR1) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.03, compared to a current price of €2.74 — trading 35% above its estimated fair value. The current ROC (Joel Greenblatt) % is 80.77%, which is 61% above median its 10-year median of 50.17 and 641.7% above the Hardware industry median of 10.89. Multi-Chem's overall GF Score™ is 79/100 with 8 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 Multi-Chem (FRA:MQR1), the current ROC (Joel Greenblatt) % is 80.77% as of Jun. 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 Multi-Chem (FRA:MQR1) Overvalued in 2026?
Based on GuruFocus' analysis, Multi-Chem stock appears to be overvalued.
The current stock price of €2.74 is trading 35% above its estimated GF Value™ of €2.03.
GuruFocus considers Multi-Chem to be Significantly Overvalued.
Key valuation signals for FRA:MQR1:
ROC (Joel Greenblatt) %: 80.77% (61% above median its 10-year median of 50.17)
GF Value™: €2.03 vs. price of €2.74 (35% above fair value)
Industry Position: 641.7% above the Hardware median (#224 of 2493)
No single metric tells the full story. See the FRA:MQR1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Multi-Chem Ltd is a drilling service provider and distributes specialty chemicals and materials to printed circuit board manufacturers. It operates in two business segments: PCB business and IT business. PCB business, which provides precision drilling services to PCB fabricators and distributes specialty chemicals and other PCB-related products and equipment to PCB manufacturers. IT business, which relates to the distribution of hardware and software relating to Internet and network products and the provision of maintenance services for such products. The company derives mahortiy of its revenue from IT business. Geographically, operates in Singapore, Greater China India Vietnam, and Other countries, majority of the revenue from Singapore.
79GF Score
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