Wilh. Wilhelmsen Holding ASAFRA:WML2 -1.22%82 ROC (Joel Greenblatt) % is 62.35% as of Mar. 2026, which is 109% above its 10-year median of 29.81. GuruFocus rates FRA:WML2 with a GF Score™ of 82/100 and a GF Value™ of €35.92 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 997 Transportation companies, Wilh. Wilhelmsen Holding ASA ranks better than 94.28% 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. Wilh. Wilhelmsen Holding ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 62.35%.
The historical rank and industry rank for Wilh. Wilhelmsen Holding ASA's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:WML2'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.94 Med: 29.81 Max: 94.83
Current: 87.68
During the past 13 years, Wilh. Wilhelmsen Holding ASA's highest ROC (Joel Greenblatt) % was 94.83%. The lowest was -9.94%. And the median was 29.81%.
FRA:WML2's ROC (Joel Greenblatt) % is ranked better than 94.28% of 997
companies
in the Transportation industry
Industry Median: 11.77
vs FRA:WML2: 87.68
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.
For the Marine Shipping subindustry, Wilh. Wilhelmsen Holding ASA'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.
Wilh. Wilhelmsen Holding ASA ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Wilh. Wilhelmsen Holding ASA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Wilh. Wilhelmsen Holding ASA'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 62.35% mean?
Wilh. Wilhelmsen Holding ASA (FRA:WML2) has a ROC (Joel Greenblatt) % of 62.35% 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 Wilh. Wilhelmsen Holding ASA and its competitors. This is 109% above median its historical median of 29.81. According to the industry distribution chart, Wilh. Wilhelmsen Holding ASA ranks #57 out of 997 companies in the Transportation industry, placing it in the top 5.7%.
Is Wilh. Wilhelmsen Holding ASA's ROC (Joel Greenblatt) % too high?
Wilh. Wilhelmsen Holding ASA's current ROC (Joel Greenblatt) % of 62.35% is 109% above median its 10-year median of 29.81. The Transportation industry median ROC (Joel Greenblatt) % is 11.77. Wilh. Wilhelmsen Holding ASA's value of 62.35% is 429.7% above this industry median. Based on the distribution chart, Wilh. Wilhelmsen Holding ASA ranks #57 out of 997 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Wilh. Wilhelmsen Holding ASA has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wilh. Wilhelmsen Holding ASA's ROC (Joel Greenblatt) % compare to competitors?
According to the Transportation industry distribution chart, Wilh. Wilhelmsen Holding ASA ranks #57 out of 997 companies for ROC (Joel Greenblatt) %. This places Wilh. Wilhelmsen Holding ASA in the top 6% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.77. Wilh. Wilhelmsen Holding ASA's value of 62.35% is 429.7% above this benchmark. While the company's 10-year median is 29.81 vs. the industry median of 11.77, Wilh. Wilhelmsen Holding ASA 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.77, based on 997 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. Wilh. Wilhelmsen Holding ASA's current ROC (Joel Greenblatt) % of 62.35% is 429.7% 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 Wilh. Wilhelmsen Holding ASA and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wilh. Wilhelmsen Holding ASA's current ROC (Joel Greenblatt) % is 62.35%, which is 109% above median its own 10-year median of 29.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wilh. Wilhelmsen Holding ASA stock overvalued right now?
Based on GuruFocus' analysis, Wilh. Wilhelmsen Holding ASA (FRA:WML2) is currently considered Significantly Overvalued. The stock's GF Value™ is €35.92, compared to a current price of €56.90 — trading 58.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 62.35%, which is 109% above median its 10-year median of 29.81 and 429.7% above the Transportation industry median of 11.77. Wilh. Wilhelmsen Holding ASA's overall GF Score™ is 82/100 with 8 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 Wilh. Wilhelmsen Holding ASA (FRA:WML2), the current ROC (Joel Greenblatt) % is 62.35% 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 Wilh. Wilhelmsen Holding ASA (FRA:WML2) Overvalued in 2026?
Based on GuruFocus' analysis, Wilh. Wilhelmsen Holding ASA stock appears to be overvalued.
The current stock price of €56.90 is trading 58.4% above its estimated GF Value™ of €35.92.
GuruFocus considers Wilh. Wilhelmsen Holding ASA to be Significantly Overvalued.
Key valuation signals for FRA:WML2:
ROC (Joel Greenblatt) %: 62.35% (109% above median its 10-year median of 29.81)
GF Value™: €35.92 vs. price of €56.90 (58.4% above fair value)
Industry Position: 429.7% above the Transportation median (#57 of 997)
No single metric tells the full story. See the FRA:WML2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wilh. Wilhelmsen Holding ASA operates in the maritime industry and offers shipping and logistics services. The operating segments of the group are Maritime Services, New Energy, and Strategic Holdings and Investments. It derives key revenue from the Maritime Services segment which offers marine products, ship agency services and logistics to the merchant fleet and ship management including manning for all vessel types. The group has a business presence in Europe, Oceania, America, and Asia and Africa.
82GF Score
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