CropEnergies AG (HAM:CE2) ROC (Joel Greenblatt) %: 0.00% (As of Feb. 2026)


HAM:CE2 CropEnergies AG HAM:CE2
45 GF Score
Price €13.20
! 5 Warning Signs
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What is CropEnergies AG ROC (Joel Greenblatt) %?

CropEnergies AG HAM:CE2 -5.04% 45 ROC (Joel Greenblatt) % is 0.00% as of Feb. 2026. GuruFocus rates HAM:CE2 with a GF Score™ of 45/100. The stock has 5 warning signs investors should review. Among 1,601 Chemicals companies, CropEnergies AG ranks worse than 62460.9% 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. CropEnergies AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 0.00%.

The historical rank and industry rank for CropEnergies AG's ROC (Joel Greenblatt) % or its related term are showing as below:

During the past 13 years, CropEnergies AG's highest ROC (Joel Greenblatt) % was 33.42%. The lowest was -183535.48%. And the median was 17.75%.

HAM:CE2's ROC (Joel Greenblatt) % is not ranked *
in the Chemicals industry.
Industry Median: 9.38
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

CropEnergies AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


CropEnergies AG  (HAM:CE2) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


CropEnergies AG ROC (Joel Greenblatt) % Related Terms


CropEnergies AG ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for CropEnergies AG'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.

CropEnergies AG ROC (Joel Greenblatt) % Chart

CropEnergies AG Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.26 33.42 6.09 -85.22 -183,535.48

CropEnergies AG Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 Feb25 Feb26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.81 22.65 -39.44 0.00 0.00

HAM:CE2 vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison

For the Specialty Chemicals subindustry, CropEnergies AG'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.


CropEnergies AG ROC (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, CropEnergies AG's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where CropEnergies AG's ROC (Joel Greenblatt) % falls into.


HAM:CE2
45GF Score
CropEnergies AG HAM:CE2
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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CropEnergies AG 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Feb. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.007 + 0 + 0.53100000000001) - (344.254 + 0 + -0.13499999999999)
=-339.581

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 3.306) - (273.746 + 0 + -0.125)
=-270.315

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of CropEnergies AG for the quarter that ended in Feb. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0.022 + max(-339.581, 0)) + (0.009 + max(-270.315, 0)) )/ 2 )
=0/( ( 0.022 + 0.009 )/ 2 )
=0/0.0155
=0.00 %

Note: The EBIT data used here is four times the quarterly (Feb. 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 0.00% mean?
CropEnergies AG (HAM:CE2) has a ROC (Joel Greenblatt) % of 0.00% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on CropEnergies AG and its competitors. According to the industry distribution chart, CropEnergies AG ranks #999999 out of 1601 companies in the Chemicals industry.
Is CropEnergies AG's ROC (Joel Greenblatt) % too high?
CropEnergies AG's current ROC (Joel Greenblatt) % is 0.00%. Based on the distribution chart, CropEnergies AG ranks #999999 out of 1601 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, CropEnergies AG has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does CropEnergies AG's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, CropEnergies AG ranks #999999 out of 1601 companies for ROC (Joel Greenblatt) %. This places CropEnergies AG in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 9.38. 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 9.38, based on 1,601 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. 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 CropEnergies AG and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CropEnergies AG's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CropEnergies AG stock overvalued right now?
CropEnergies AG (HAM:CE2) has a current ROC (Joel Greenblatt) % of 0.00%. The current ROC (Joel Greenblatt) % is 0.00%. CropEnergies AG's overall GF Score™ is 45/100 with 5 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 CropEnergies AG (HAM:CE2), the current ROC (Joel Greenblatt) % is 0.00% as of Feb. 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.

CropEnergies AG Business Description

Address Maximilianstrasse 10, Mannheim, BW, DEU, D-68165
CropEnergies AG is a German company which manufactures bioethanol for the fuel sector from cereals and sugar beet. The company also produces various food and animal feed products such as ProtiWanze, a liquid protein animal feed for feeding ruminants and pigs, as well as a high-grade dry stillage protein animal feed. In addition, it produces neutral alcohol for the beverage, food, cosmetics and pharmaceutical industries, as well as for industrial applications, such as the production of windscreen washer fluid and disinfectants.
45GF Score

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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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