Johnson Controls InternationalFRA:TYIA +0.12%78 ROC (Joel Greenblatt) % is 123.15% as of Mar. 2026, which is 240% above its 10-year median of 36.19. GuruFocus rates FRA:TYIA with a GF Score™ of 78/100 and a GF Value™ of €83.78 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,775 Construction companies, Johnson Controls International ranks better than 87.83% 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. Johnson Controls International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 123.15%.
The historical rank and industry rank for Johnson Controls International's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:TYIA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.77 Med: 36.19 Max: 99.79
Current: 99.79
During the past 13 years, Johnson Controls International's highest ROC (Joel Greenblatt) % was 99.79%. The lowest was 19.77%. And the median was 36.19%.
FRA:TYIA's ROC (Joel Greenblatt) % is ranked better than 87.83% of 1775
companies
in the Construction industry
Industry Median: 19.38
vs FRA:TYIA: 99.79
Johnson Controls International (FRA:TYIA) 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.
* 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.
Johnson Controls International ROC (Joel Greenblatt) % Chart
FRA:TYIA vs TT, CARR, LII: ROC (Joel Greenblatt) % Comparison
For the Building Products & Equipment subindustry, Johnson Controls International'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.
Johnson Controls International ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Johnson Controls International's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Johnson Controls International's ROC (Joel Greenblatt) % falls into.
Johnson Controls International 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 123.15% mean?
Johnson Controls International (FRA:TYIA) has a ROC (Joel Greenblatt) % of 123.15% 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 Johnson Controls International and its competitors. This is 240% above median its historical median of 36.19. Over the past decade, Johnson Controls International's ROC (Joel Greenblatt) % has ranged from 19.77 to 99.79. According to the industry distribution chart, Johnson Controls International ranks #216 out of 1775 companies in the Construction industry, placing it in the top 12.2%.
Is Johnson Controls International's ROC (Joel Greenblatt) % too high?
Johnson Controls International's current ROC (Joel Greenblatt) % of 123.15% is 240% above median its 10-year median of 36.19. Over the past 10 years, this metric has ranged from a low of 19.77 to a high of 99.79. The Construction industry median ROC (Joel Greenblatt) % is 19.38. Johnson Controls International's value of 123.15% is 535.4% above this industry median. Based on the distribution chart, Johnson Controls International ranks #216 out of 1775 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Johnson Controls International has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Johnson Controls International's ROC (Joel Greenblatt) % compare to TT and CARR?
According to the Construction industry distribution chart, Johnson Controls International ranks #216 out of 1775 companies for ROC (Joel Greenblatt) %. This places Johnson Controls International in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.38. Johnson Controls International's value of 123.15% is 535.4% above this benchmark. Historically, Johnson Controls International's own ROC (Joel Greenblatt) % has ranged from 19.77 to 99.79 over the past decade. While the company's 10-year median is 36.19 vs. the industry median of 19.38, Johnson Controls International 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 19.38, based on 1,775 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. Johnson Controls International's current ROC (Joel Greenblatt) % of 123.15% is 535.4% 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 Johnson Controls International and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Johnson Controls International's current ROC (Joel Greenblatt) % is 123.15%, which is 240% above median its own 10-year median of 36.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Controls International stock overvalued right now?
Based on GuruFocus' analysis, Johnson Controls International (FRA:TYIA) is currently considered Significantly Overvalued. The stock's GF Value™ is €83.78, compared to a current price of €122.55 — trading 46.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 123.15%, which is 240% above median its 10-year median of 36.19 and 535.4% above the Construction industry median of 19.38. Johnson Controls International's overall GF Score™ is 78/100 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 Johnson Controls International (FRA:TYIA), the current ROC (Joel Greenblatt) % is 123.15% 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 Johnson Controls International (FRA:TYIA) Overvalued in 2026?
Based on GuruFocus' analysis, Johnson Controls International stock appears to be overvalued.
The current stock price of €122.55 is trading 46.3% above its estimated GF Value™ of €83.78.
GuruFocus considers Johnson Controls International to be Significantly Overvalued.
Key valuation signals for FRA:TYIA:
ROC (Joel Greenblatt) %: 123.15% (240% above median its 10-year median of 36.19)
GF Value™: €83.78 vs. price of €122.55 (46.3% above fair value)
Industry Position: 535.4% above the Construction median (#216 of 1775)
No single metric tells the full story. See the FRA:TYIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Johnson Controls International Business Description
Following Johnson Controls' divestiture of its residential and light commercial HVAC businesses to Bosch in 2025, nearly all of its revenue comes from commercial HVAC (60%) and fire and security products and services (40%). A 2016 merger joined Johnson Controls' HVAC and Tyco's fire and security businesses with the premise that there is synergy in offering a broader variety of automation products and solutions to commercial buildings. We estimate Johnson Controls' pro forma revenue mix will be one-third products, one-third installation, and one-third services.
78GF Score
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