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Artience CoFRA:TO5 -1.74%80 ROC (Joel Greenblatt) % is 3.17% as of Dec. 2025, which is 59% below its 10-year median of 7.82. GuruFocus rates FRA:TO5 with a GF Score™ of 80/100 and a GF Value™ of €18.19. The stock has 6 warning signs investors should review. Among 1,604 Chemicals companies, Artience Co ranks better than 50% 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. Artience Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.17%.
The historical rank and industry rank for Artience Co's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:TO5'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.29 Med: 7.82 Max: 11.24
Current: 9.4
During the past 13 years, Artience Co's highest ROC (Joel Greenblatt) % was 11.24%. The lowest was 6.29%. And the median was 7.82%.
FRA:TO5's ROC (Joel Greenblatt) % is ranked better than 50% of 1604
companies
in the Chemicals industry
Industry Median: 9.4
vs FRA:TO5: 9.40
Artience Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.30% per year.
Artience Co (FRA:TO5) 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.
Artience Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Artience Co'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:TO5 vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, Artience Co'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.
Artience Co ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Artience Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Artience Co'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 (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 3.17% mean?
Artience Co (FRA:TO5) has a ROC (Joel Greenblatt) % of 3.17% 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 Artience Co and its competitors. This is 59% below median its historical median of 7.82. Over the past decade, Artience Co's ROC (Joel Greenblatt) % has ranged from 6.29 to 11.24. According to the industry distribution chart, Artience Co ranks #802 out of 1604 companies in the Chemicals industry, placing it in the top 50%.
Is Artience Co's ROC (Joel Greenblatt) % too high?
Artience Co's current ROC (Joel Greenblatt) % of 3.17% is 59% below median its 10-year median of 7.82. Over the past 10 years, this metric has ranged from a low of 6.29 to a high of 11.24. The Chemicals industry median ROC (Joel Greenblatt) % is 9.40. Artience Co's value of 3.17% is 66.3% below this industry median. Based on the distribution chart, Artience Co ranks #802 out of 1604 companies in the Chemicals industry, which is above the industry midpoint. Overall, Artience Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Artience Co's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Artience Co ranks #802 out of 1604 companies for ROC (Joel Greenblatt) %. This puts Artience Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.40. Artience Co's value of 3.17% is 66.3% below this benchmark. Historically, Artience Co's own ROC (Joel Greenblatt) % has ranged from 6.29 to 11.24 over the past decade. While the company's 10-year median is 7.82 vs. the industry median of 9.40, Artience Co 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.40, based on 1,604 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. Artience Co's current ROC (Joel Greenblatt) % of 3.17% is 66.3% 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 Artience Co and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artience Co's current ROC (Joel Greenblatt) % is 3.17%, which is 59% below median its own 10-year median of 7.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artience Co stock overvalued right now?
Artience Co (FRA:TO5) has a current ROC (Joel Greenblatt) % of 3.17%. The stock's GF Value™ is €18.19, compared to a current price of €22.60 — trading 24.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 3.17%, which is 59% below median its 10-year median of 7.82 and 66.3% below the Chemicals industry median of 9.40. Artience Co's overall GF Score™ is 80/100 with 6 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 Artience Co (FRA:TO5), the current ROC (Joel Greenblatt) % is 3.17% 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 Artience Co (FRA:TO5) Overvalued in 2026?
Based on GuruFocus' analysis, Artience Co stock appears to be overvalued.
The current stock price of €22.60 is trading 24.2% above its estimated GF Value™ of €18.19.
Key valuation signals for FRA:TO5:
ROC (Joel Greenblatt) %: 3.17% (59% below median its 10-year median of 7.82)
GF Value™: €18.19 vs. price of €22.60 (24.2% above fair value)
Industry Position: 66.3% below the Chemicals median (#802 of 1604)
No single metric tells the full story. See the FRA:TO5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Artience Co Ltd is a holding company. The group, along with its subsidiary, engaged in four segments: Colorants and Functional Materials Business, Polymers and Coatings Business, Packaging Business, and Printing and Information Business.
80GF Score
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