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Elate HoldingsFRA:SN3 47 ROC (Joel Greenblatt) % is 0.88% as of Dec. 2025, which is 144% above its 10-year median of 0.36. GuruFocus rates FRA:SN3 with a GF Score™ of 47/100 and a GF Value™ of €0.01. The stock has 7 warning signs investors should review. Among 2,490 Hardware companies, Elate Holdings ranks worse than 73.82% 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. Elate Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.88%.
The historical rank and industry rank for Elate Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:SN3'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.77 Med: 0.36 Max: 11.5
Current: -3.1
During the past 13 years, Elate Holdings's highest ROC (Joel Greenblatt) % was 11.50%. The lowest was -11.77%. And the median was 0.36%.
FRA:SN3's ROC (Joel Greenblatt) % is ranked worse than 73.82% of 2490
companies
in the Hardware industry
Industry Median: 11.655
vs FRA:SN3: -3.10
Elate Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Elate Holdings ROC (Joel Greenblatt) % Related Terms
Elate Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Elate 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:SN3 vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison
For the Electronic Components subindustry, Elate 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.
Elate Holdings ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Elate Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Elate 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 (Dec. 2025) 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 0.88% mean?
Elate Holdings (FRA:SN3) has a ROC (Joel Greenblatt) % of 0.88% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Elate Holdings and its competitors. This is 144% above median its historical median of 0.36. According to the industry distribution chart, Elate Holdings ranks #1838 out of 2490 companies in the Hardware industry, placing it in the top 73.8%.
Is Elate Holdings' ROC (Joel Greenblatt) % too high?
Elate Holdings' current ROC (Joel Greenblatt) % of 0.88% is 144% above median its 10-year median of 0.36. The Hardware industry median ROC (Joel Greenblatt) % is 11.66. Elate Holdings' value of 0.88% is 92.4% below this industry median. Based on the distribution chart, Elate Holdings ranks #1838 out of 2490 companies in the Hardware industry, which is below the industry midpoint. Overall, Elate Holdings has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Elate Holdings' ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Elate Holdings ranks #1838 out of 2490 companies for ROC (Joel Greenblatt) %. This places Elate Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.66. Elate Holdings' value of 0.88% is 92.4% below this benchmark. While the company's 10-year median is 0.36 vs. the industry median of 11.66, Elate Holdings has consistently been below 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 11.66, based on 2,490 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. Elate Holdings's current ROC (Joel Greenblatt) % of 0.88% is 92.4% below 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 Elate Holdings and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 11.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elate Holdings's current ROC (Joel Greenblatt) % is 0.88%, which is 144% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elate Holdings stock overvalued right now?
Elate Holdings (FRA:SN3) has a current ROC (Joel Greenblatt) % of 0.88%. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 25% below its estimated fair value. The current ROC (Joel Greenblatt) % is 0.88%, which is 144% above median its 10-year median of 0.36 and 92.4% below the Hardware industry median of 11.66. Elate Holdings' overall GF Score™ is 47/100 with 7 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 Elate Holdings (FRA:SN3), the current ROC (Joel Greenblatt) % is 0.88% as of Dec. 2025. 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 Elate Holdings (FRA:SN3) Overvalued in 2026?
Based on GuruFocus' analysis, Elate Holdings stock appears to be undervalued.
The current stock price of €0.01 is trading 25% below its estimated GF Value™ of €0.01.
Key valuation signals for FRA:SN3:
ROC (Joel Greenblatt) %: 0.88% (144% above median its 10-year median of 0.36)
GF Value™: €0.01 vs. price of €0.01 (25% below fair value)
Industry Position: 92.4% below the Hardware median (#1838 of 2490)
No single metric tells the full story. See the FRA:SN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elate Holdings Ltd is principally engaged in the manufacture and sales of graphite products, the manufacture and sales of electronic products in the United Kingdom, the design and manufacturing business in the United Kingdom, and the exploration and development of businesses relating. The Group operates through the segments of sales of graphite products, manufacture and sales of electronic products, and design and manufacturing of electronic products. The manufacture and sales of the electronic products segment generate maximum revenue. The company generates the majority of its revenue from Hong Kong.
47GF Score
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