Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
MYR GroupFRA:MYP -2.70%83 ROC (Joel Greenblatt) % is 73.66% as of Mar. 2026, which is 117% above its 10-year median of 33.99. GuruFocus rates FRA:MYP with a GF Score™ of 83/100 and a GF Value™ of €160.27 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,779 Construction companies, MYR Group ranks better than 79.71% 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. MYR Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 73.66%.
The historical rank and industry rank for MYR Group's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:MYP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.74 Med: 33.99 Max: 58.52
Current: 58.52
During the past 13 years, MYR Group's highest ROC (Joel Greenblatt) % was 58.52%. The lowest was 14.74%. And the median was 33.99%.
FRA:MYP's ROC (Joel Greenblatt) % is ranked better than 79.71% of 1779
companies
in the Construction industry
Industry Median: 19.59
vs FRA:MYP: 58.52
MYR Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -8.40% per year.
MYR Group (FRA:MYP) 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.
The historical data trend for MYR Group'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:MYP vs FLR, TTEK, ACA: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, MYR Group'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.
MYR Group ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, MYR Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MYR Group'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 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 73.66% mean?
MYR Group (FRA:MYP) has a ROC (Joel Greenblatt) % of 73.66% 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 MYR Group and its competitors. This is 117% above median its historical median of 33.99. Over the past decade, MYR Group's ROC (Joel Greenblatt) % has ranged from 14.74 to 58.52. According to the industry distribution chart, MYR Group ranks #361 out of 1779 companies in the Construction industry, placing it in the top 20.3%.
Is MYR Group's ROC (Joel Greenblatt) % too high?
MYR Group's current ROC (Joel Greenblatt) % of 73.66% is 117% above median its 10-year median of 33.99. Over the past 10 years, this metric has ranged from a low of 14.74 to a high of 58.52. The Construction industry median ROC (Joel Greenblatt) % is 19.59. MYR Group's value of 73.66% is 276% above this industry median. Based on the distribution chart, MYR Group ranks #361 out of 1779 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, MYR Group has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MYR Group's ROC (Joel Greenblatt) % compare to FLR and TTEK?
According to the Construction industry distribution chart, MYR Group ranks #361 out of 1779 companies for ROC (Joel Greenblatt) %. This places MYR Group in the top 20% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.59. MYR Group's value of 73.66% is 276% above this benchmark. Historically, MYR Group's own ROC (Joel Greenblatt) % has ranged from 14.74 to 58.52 over the past decade. While the company's 10-year median is 33.99 vs. the industry median of 19.59, MYR Group 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 19.59, based on 1,779 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. MYR Group's current ROC (Joel Greenblatt) % of 73.66% is 276% 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 MYR Group and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MYR Group's current ROC (Joel Greenblatt) % is 73.66%, which is 117% above median its own 10-year median of 33.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MYR Group stock overvalued right now?
Based on GuruFocus' analysis, MYR Group (FRA:MYP) is currently considered Significantly Overvalued. The stock's GF Value™ is €160.27, compared to a current price of €361.00 — trading 125.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 73.66%, which is 117% above median its 10-year median of 33.99 and 276% above the Construction industry median of 19.59. MYR Group's overall GF Score™ is 83/100 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 MYR Group (FRA:MYP), the current ROC (Joel Greenblatt) % is 73.66% 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 MYR Group (FRA:MYP) Overvalued in 2026?
Based on GuruFocus' analysis, MYR Group stock appears to be overvalued.
The current stock price of €361.00 is trading 125.2% above its estimated GF Value™ of €160.27.
GuruFocus considers MYR Group to be Significantly Overvalued.
Key valuation signals for FRA:MYP:
ROC (Joel Greenblatt) %: 73.66% (117% above median its 10-year median of 33.99)
GF Value™: €160.27 vs. price of €361.00 (125.2% above fair value)
Industry Position: 276% above the Construction median (#361 of 1779)
No single metric tells the full story. See the FRA:MYP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MYR Group Inc is a U.S. based holding company of specialty electrical construction service providers. Through its subsidiaries, it serves electric utility, commercial, and industrial construction markets in the United States and Canada, offering services such as design, engineering, procurement, construction, upgrades, maintenance, and repair, with a focus on construction, maintenance, and repair work. The company operates through two segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). The majority of revenue is derived from the T&D segment, which provides a range of services on electric transmission and distribution networks and substation facilities, which include design, engineering, procurement, construction, upgrade and maintenance and repair services.
83GF Score
Get the complete analysis for FRA:MYP
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MYP has been successfully added to your 
