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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. Eisen- und Huettenwerke AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.00%.
The historical rank and industry rank for Eisen- und Huettenwerke AG's ROC (Joel Greenblatt) % or its related term are showing as below:
HAM:EIS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 319.87 Med: 2251.51 Max: 94126.47
Current: 94126.47
During the past 13 years, Eisen- und Huettenwerke AG's highest ROC (Joel Greenblatt) % was 94126.47%. The lowest was 319.87%. And the median was 2251.51%.
HAM:EIS's ROC (Joel Greenblatt) % is ranked better than 99.84% of 632
companies
in the Steel industry
Industry Median: 7.14
vs HAM:EIS: 94126.47
Eisen- und Huettenwerke AG (HAM:EIS) 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.
Eisen- und Huettenwerke AG ROC (Joel Greenblatt) % Chart
HAM:EIS vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Eisen- und Huettenwerke 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.
Eisen- und Huettenwerke AG ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Eisen- und Huettenwerke AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Eisen- und Huettenwerke AG's ROC (Joel Greenblatt) % falls into.
Eisen- und Huettenwerke 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:
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 0.00% mean?
Eisen- und Huettenwerke AG (HAM:EIS) has a ROC (Joel Greenblatt) % of 0.00% 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 Eisen- und Huettenwerke AG and its competitors. Over the past decade, Eisen- und Huettenwerke AG's ROC (Joel Greenblatt) % has ranged from 319.87 to 94,126.47. According to the industry distribution chart, Eisen- und Huettenwerke AG ranks #1 out of 632 companies in the Steel industry, placing it in the top 0.2%.
Is Eisen- und Huettenwerke AG's ROC (Joel Greenblatt) % too high?
Eisen- und Huettenwerke AG's current ROC (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 319.87 to a high of 94,126.47. Based on the distribution chart, Eisen- und Huettenwerke AG ranks #1 out of 632 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Eisen- und Huettenwerke AG has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eisen- und Huettenwerke AG's ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Eisen- und Huettenwerke AG ranks #1 out of 632 companies for ROC (Joel Greenblatt) %. This places Eisen- und Huettenwerke AG in the top 0% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 7.14. Historically, Eisen- und Huettenwerke AG's own ROC (Joel Greenblatt) % has ranged from 319.87 to 94,126.47 over the past decade. 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 7.14, based on 632 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 Eisen- und Huettenwerke AG and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 7.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eisen- und Huettenwerke 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 Eisen- und Huettenwerke AG stock overvalued right now?
Based on GuruFocus' analysis, Eisen- und Huettenwerke AG (HAM:EIS) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.50, compared to a current price of €14.00 — trading 21.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. Eisen- und Huettenwerke AG's overall GF Score™ is 57/100 with 3 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 Eisen- und Huettenwerke AG (HAM:EIS), the current ROC (Joel Greenblatt) % is 0.00% 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 Eisen- und Huettenwerke AG (HAM:EIS) Overvalued in 2026?
Based on GuruFocus' analysis, Eisen- und Huettenwerke AG stock appears to be overvalued.
The current stock price of €14.00 is trading 21.7% above its estimated GF Value™ of €11.50.
GuruFocus considers Eisen- und Huettenwerke AG to be Modestly Overvalued.
Key valuation signals for HAM:EIS:
ROC (Joel Greenblatt) %: 0.00%
GF Value™: €11.50 vs. price of €14.00 (21.7% above fair value)
No single metric tells the full story. See the HAM:EIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eisen- und Huettenwerke AG is a Germany-based company. It focuses on the acquisition, management and sale of investments in third companies that produce and process iron, steel and other metals and materials.
57GF 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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