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KSH HoldingsFRA:XEUA -0.98%36 ROC (Joel Greenblatt) % is 45.63% as of Mar. 2026, which is 55% below its 10-year median of 101.82. GuruFocus rates FRA:XEUA with a GF Score™ of 36/100 and a GF Value™ of €0.10. The stock has 4 warning signs investors should review. Among 1,780 Construction companies, KSH Holdings ranks better than 85.11% 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. KSH Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 45.63%.
The historical rank and industry rank for KSH Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:XEUA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -185.41 Med: 101.82 Max: 646.99
Current: 82.07
During the past 13 years, KSH Holdings's highest ROC (Joel Greenblatt) % was 646.99%. The lowest was -185.41%. And the median was 101.82%.
FRA:XEUA's ROC (Joel Greenblatt) % is ranked better than 85.11% of 1780
companies
in the Construction industry
Industry Median: 19.77
vs FRA:XEUA: 82.07
KSH 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.
KSH Holdings ROC (Joel Greenblatt) % Related Terms
KSH Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for KSH 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:XEUA vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, KSH 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.
KSH Holdings ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, KSH Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where KSH 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 (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 45.63% mean?
KSH Holdings (FRA:XEUA) has a ROC (Joel Greenblatt) % of 45.63% 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 KSH Holdings and its competitors. This is 55% below median its historical median of 101.82. According to the industry distribution chart, KSH Holdings ranks #265 out of 1780 companies in the Construction industry, placing it in the top 14.9%.
Is KSH Holdings' ROC (Joel Greenblatt) % too high?
KSH Holdings' current ROC (Joel Greenblatt) % of 45.63% is 55% below median its 10-year median of 101.82. The Construction industry median ROC (Joel Greenblatt) % is 19.77. KSH Holdings' value of 45.63% is 130.8% above this industry median. Based on the distribution chart, KSH Holdings ranks #265 out of 1780 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, KSH Holdings has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does KSH Holdings' ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, KSH Holdings ranks #265 out of 1780 companies for ROC (Joel Greenblatt) %. This places KSH Holdings in the top 15% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.77. KSH Holdings' value of 45.63% is 130.8% above this benchmark. While the company's 10-year median is 101.82 vs. the industry median of 19.77, KSH Holdings 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 19.77, based on 1,780 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. KSH Holdings's current ROC (Joel Greenblatt) % of 45.63% is 130.8% 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 KSH Holdings and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KSH Holdings's current ROC (Joel Greenblatt) % is 45.63%, which is 55% below median its own 10-year median of 101.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KSH Holdings stock overvalued right now?
KSH Holdings (FRA:XEUA) has a current ROC (Joel Greenblatt) % of 45.63%. The stock's GF Value™ is €0.10, compared to a current price of €0.20 — trading 102% above its estimated fair value. The current ROC (Joel Greenblatt) % is 45.63%, which is 55% below median its 10-year median of 101.82 and 130.8% above the Construction industry median of 19.77. KSH Holdings' overall GF Score™ is 36/100 with 4 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 KSH Holdings (FRA:XEUA), the current ROC (Joel Greenblatt) % is 45.63% 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 KSH Holdings (FRA:XEUA) Overvalued in 2026?
Based on GuruFocus' analysis, KSH Holdings stock appears to be overvalued.
The current stock price of €0.20 is trading 102% above its estimated GF Value™ of €0.10.
Key valuation signals for FRA:XEUA:
ROC (Joel Greenblatt) %: 45.63% (55% below median its 10-year median of 101.82)
GF Value™: €0.10 vs. price of €0.20 (102% above fair value)
Industry Position: 130.8% above the Construction median (#265 of 1780)
No single metric tells the full story. See the FRA:XEUA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KSH Holdings Ltd is an investment holding company. The company's operating segment includes Construction, Property Development, and Others. The construction segment relates to acting as main contractors in construction projects in Singapore, and provision of services mainly to property developers in both the private and public sectors and generates maximum revenue. Geographically, the company derives a majority of its revenue from Singapore. Its project portfolio includes Riverfront Residences, Gaobeidian, The Arcady at Boon Keng and others.
36GF Score
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