Element SolutionsFRA:PLQ -0.59%80 ROC (Joel Greenblatt) % is 39.89% as of Mar. 2026, which is 76% above its 10-year median of 22.61. GuruFocus rates FRA:PLQ with a GF Score™ of 80/100 and a GF Value™ of €26.81 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,602 Chemicals companies, Element Solutions ranks better than 88.7% 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. Element Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 39.89%.
The historical rank and industry rank for Element Solutions's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:PLQ'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.3 Med: 22.61 Max: 42.89
Current: 31.7
During the past 13 years, Element Solutions's highest ROC (Joel Greenblatt) % was 42.89%. The lowest was 6.30%. And the median was 22.61%.
FRA:PLQ's ROC (Joel Greenblatt) % is ranked better than 88.7% of 1602
companies
in the Chemicals industry
Industry Median: 9.385
vs FRA:PLQ: 31.70
Element Solutions's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.20% per year.
Element Solutions (FRA:PLQ) 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.
Element Solutions ROC (Joel Greenblatt) % Related Terms
Element Solutions ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Element Solutions'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:PLQ vs WLK, SOLS, EMN: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, Element Solutions'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.
Element Solutions ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Element Solutions's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Element Solutions's ROC (Joel Greenblatt) % falls into.
Element Solutions 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 39.89% mean?
Element Solutions (FRA:PLQ) has a ROC (Joel Greenblatt) % of 39.89% 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 Element Solutions and its competitors. This is 76% above median its historical median of 22.61. Over the past decade, Element Solutions' ROC (Joel Greenblatt) % has ranged from 6.30 to 42.89. According to the industry distribution chart, Element Solutions ranks #181 out of 1602 companies in the Chemicals industry, placing it in the top 11.3%.
Is Element Solutions' ROC (Joel Greenblatt) % too high?
Element Solutions' current ROC (Joel Greenblatt) % of 39.89% is 76% above median its 10-year median of 22.61. Over the past 10 years, this metric has ranged from a low of 6.30 to a high of 42.89. The Chemicals industry median ROC (Joel Greenblatt) % is 9.39. Element Solutions' value of 39.89% is 325% above this industry median. Based on the distribution chart, Element Solutions ranks #181 out of 1602 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Element Solutions has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Element Solutions' ROC (Joel Greenblatt) % compare to WLK and SOLS?
According to the Chemicals industry distribution chart, Element Solutions ranks #181 out of 1602 companies for ROC (Joel Greenblatt) %. This places Element Solutions in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.39. Element Solutions' value of 39.89% is 325% above this benchmark. Historically, Element Solutions' own ROC (Joel Greenblatt) % has ranged from 6.30 to 42.89 over the past decade. While the company's 10-year median is 22.61 vs. the industry median of 9.39, Element Solutions 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.39, based on 1,602 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. Element Solutions's current ROC (Joel Greenblatt) % of 39.89% is 325% 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 Element Solutions and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Element Solutions's current ROC (Joel Greenblatt) % is 39.89%, which is 76% above median its own 10-year median of 22.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Element Solutions stock overvalued right now?
Based on GuruFocus' analysis, Element Solutions (FRA:PLQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €26.81, compared to a current price of €33.80 — trading 26.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 39.89%, which is 76% above median its 10-year median of 22.61 and 325% above the Chemicals industry median of 9.39. Element Solutions' overall GF Score™ is 80/100 with 2 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 Element Solutions (FRA:PLQ), the current ROC (Joel Greenblatt) % is 39.89% 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 Element Solutions (FRA:PLQ) Overvalued in 2026?
Based on GuruFocus' analysis, Element Solutions stock appears to be overvalued.
The current stock price of €33.80 is trading 26.1% above its estimated GF Value™ of €26.81.
GuruFocus considers Element Solutions to be Modestly Overvalued.
Key valuation signals for FRA:PLQ:
ROC (Joel Greenblatt) %: 39.89% (76% above median its 10-year median of 22.61)
GF Value™: €26.81 vs. price of €33.80 (26.1% above fair value)
Industry Position: 325% above the Chemicals median (#181 of 1602)
No single metric tells the full story. See the FRA:PLQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Element Solutions Inc is a specialty chemicals company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. The company's reportable segments are Electronics and Industrial & Specialty. The Electronics segment, which generates maximum revenue, researches, formulates, and sells specialty chemicals and process technologies for all types of electronics hardware, from complex printed circuit board designs to semiconductor packaging. This segment's wet chemicals for metallization, surface treatments, and solderable finishes form the physical circuitry pathways, and its assembly materials, such as solder, pastes, fluxes, and adhesives, join those pathways together.
80GF Score
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