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HAMMONIA Schiffsholding AGHAM:HHX +0.61%62 ROC (Joel Greenblatt) % is 139.47% as of Dec. 2025, which is 331% above its 10-year median of 32.36. GuruFocus rates HAM:HHX with a GF Score™ of 62/100 and a GF Value™ of €287.63 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,002 Transportation companies, HAMMONIA Schiffsholding AG ranks better than 84.23% 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. HAMMONIA Schiffsholding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 139.47%.
The historical rank and industry rank for HAMMONIA Schiffsholding AG's ROC (Joel Greenblatt) % or its related term are showing as below:
HAM:HHX'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -32.68 Med: 32.36 Max: 105560
Current: 33.46
During the past 13 years, HAMMONIA Schiffsholding AG's highest ROC (Joel Greenblatt) % was 105560.00%. The lowest was -32.68%. And the median was 32.36%.
HAM:HHX's ROC (Joel Greenblatt) % is ranked better than 84.23% of 1002
companies
in the Transportation industry
Industry Median: 11.67
vs HAM:HHX: 33.46
HAMMONIA Schiffsholding AG (HAM:HHX) 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.
HAMMONIA Schiffsholding AG ROC (Joel Greenblatt) % Chart
HAM:HHX vs KEX: ROC (Joel Greenblatt) % Comparison
For the Marine Shipping subindustry, HAMMONIA Schiffsholding 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.
HAMMONIA Schiffsholding AG ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, HAMMONIA Schiffsholding AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where HAMMONIA Schiffsholding AG's ROC (Joel Greenblatt) % falls into.
HAMMONIA Schiffsholding 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 (Dec. 2025) 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 139.47% mean?
HAMMONIA Schiffsholding AG (HAM:HHX) has a ROC (Joel Greenblatt) % of 139.47% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on HAMMONIA Schiffsholding AG and its competitors. This is 331% above median its historical median of 32.36. According to the industry distribution chart, HAMMONIA Schiffsholding AG ranks #158 out of 1002 companies in the Transportation industry, placing it in the top 15.8%.
Is HAMMONIA Schiffsholding AG's ROC (Joel Greenblatt) % too high?
HAMMONIA Schiffsholding AG's current ROC (Joel Greenblatt) % of 139.47% is 331% above median its 10-year median of 32.36. The Transportation industry median ROC (Joel Greenblatt) % is 11.67. HAMMONIA Schiffsholding AG's value of 139.47% is 1095.1% above this industry median. Based on the distribution chart, HAMMONIA Schiffsholding AG ranks #158 out of 1002 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, HAMMONIA Schiffsholding AG has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HAMMONIA Schiffsholding AG's ROC (Joel Greenblatt) % compare to KEX?
According to the Transportation industry distribution chart, HAMMONIA Schiffsholding AG ranks #158 out of 1002 companies for ROC (Joel Greenblatt) %. This places HAMMONIA Schiffsholding AG in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.67. HAMMONIA Schiffsholding AG's value of 139.47% is 1095.1% above this benchmark. While the company's 10-year median is 32.36 vs. the industry median of 11.67, HAMMONIA Schiffsholding AG 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 11.67, based on 1,002 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. HAMMONIA Schiffsholding AG's current ROC (Joel Greenblatt) % of 139.47% is 1095.1% 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 HAMMONIA Schiffsholding AG and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HAMMONIA Schiffsholding AG's current ROC (Joel Greenblatt) % is 139.47%, which is 331% above median its own 10-year median of 32.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HAMMONIA Schiffsholding AG stock overvalued right now?
Based on GuruFocus' analysis, HAMMONIA Schiffsholding AG (HAM:HHX) is currently considered Modestly Overvalued. The stock's GF Value™ is €287.63, compared to a current price of €332.00 — trading 15.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 139.47%, which is 331% above median its 10-year median of 32.36 and 1095.1% above the Transportation industry median of 11.67. HAMMONIA Schiffsholding AG's overall GF Score™ is 62/100 with 2 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 HAMMONIA Schiffsholding AG (HAM:HHX), the current ROC (Joel Greenblatt) % is 139.47% as of Dec. 2025. 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 HAMMONIA Schiffsholding AG (HAM:HHX) Overvalued in 2026?
Based on GuruFocus' analysis, HAMMONIA Schiffsholding AG stock appears to be overvalued.
The current stock price of €332.00 is trading 15.4% above its estimated GF Value™ of €287.63.
GuruFocus considers HAMMONIA Schiffsholding AG to be Modestly Overvalued.
Key valuation signals for HAM:HHX:
ROC (Joel Greenblatt) %: 139.47% (331% above median its 10-year median of 32.36)
GF Value™: €287.63 vs. price of €332.00 (15.4% above fair value)
Industry Position: 1095.1% above the Transportation median (#158 of 1002)
No single metric tells the full story. See the HAM:HHX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HAMMONIA Schiffsholding AG is engaged in the acquisition, active management, and sale of investments in shipping companies. As the managing holding company, it manages the individual shipping investments of its respective subsidiaries, providing its customers with operational vessels. The company focuses on container and tank ships, with its portfolio of fleets comprising full container ships, crude oil, and product tankers. In addition, it holds investments in special-purpose vehicles, each of which charters in a multipurpose, heavy-lift vessel on a long-term basis via bareboat charter and out on a time charter basis.
62GF Score
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