Hammond Manufacturing CoHMFAF 89 ROC (Joel Greenblatt) % is 19.90% as of Mar. 2026, which is 61% above its 10-year median of 12.38. GuruFocus rates HMFAF with a GF Score™ of 89/100 and a GF Value™ of $8.73 (Significantly Overvalued). Among 3,057 Industrial Products companies, Hammond Manufacturing Co ranks better than 55.51% 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. Hammond Manufacturing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.90%.
The historical rank and industry rank for Hammond Manufacturing Co's ROC (Joel Greenblatt) % or its related term are showing as below:
HMFAF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.36 Med: 12.38 Max: 19.9
Current: 14.3
During the past 13 years, Hammond Manufacturing Co's highest ROC (Joel Greenblatt) % was 19.90%. The lowest was 3.36%. And the median was 12.38%.
HMFAF's ROC (Joel Greenblatt) % is ranked better than 55.51% of 3057
companies
in the Industrial Products industry
Industry Median: 11.71
vs HMFAF: 14.30
Hammond Manufacturing Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.70% per year.
Hammond Manufacturing Co (OTCPK:HMFAF) 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.
Hammond Manufacturing Co ROC (Joel Greenblatt) % Related Terms
Hammond Manufacturing Co ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Hammond Manufacturing Co'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.
Hammond Manufacturing Co ROC (Joel Greenblatt) % Chart
HMFAF vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Hammond Manufacturing Co'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.
Hammond Manufacturing Co ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hammond Manufacturing Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hammond Manufacturing Co's ROC (Joel Greenblatt) % falls into.
Hammond Manufacturing Co 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 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 19.90% mean?
Hammond Manufacturing Co (HMFAF) has a ROC (Joel Greenblatt) % of 19.90% 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 Hammond Manufacturing Co and its competitors. This is 61% above median its historical median of 12.38. Over the past decade, Hammond Manufacturing Co's ROC (Joel Greenblatt) % has ranged from 3.36 to 19.90. According to the industry distribution chart, Hammond Manufacturing Co ranks #1360 out of 3057 companies in the Industrial Products industry, placing it in the top 44.5%.
Is Hammond Manufacturing Co's ROC (Joel Greenblatt) % too high?
Hammond Manufacturing Co's current ROC (Joel Greenblatt) % of 19.90% is 61% above median its 10-year median of 12.38. Over the past 10 years, this metric has ranged from a low of 3.36 to a high of 19.90. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.71. Hammond Manufacturing Co's value of 19.90% is 69.9% above this industry median. Based on the distribution chart, Hammond Manufacturing Co ranks #1360 out of 3057 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hammond Manufacturing Co has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hammond Manufacturing Co's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hammond Manufacturing Co ranks #1360 out of 3057 companies for ROC (Joel Greenblatt) %. This puts Hammond Manufacturing Co in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.71. Hammond Manufacturing Co's value of 19.90% is 69.9% above this benchmark. Historically, Hammond Manufacturing Co's own ROC (Joel Greenblatt) % has ranged from 3.36 to 19.90 over the past decade. While the company's 10-year median is 12.38 vs. the industry median of 11.71, Hammond Manufacturing Co 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.71, based on 3,057 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. Hammond Manufacturing Co's current ROC (Joel Greenblatt) % of 19.90% is 69.9% 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 Hammond Manufacturing Co and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hammond Manufacturing Co's current ROC (Joel Greenblatt) % is 19.90%, which is 61% above median its own 10-year median of 12.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hammond Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Hammond Manufacturing Co (HMFAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.73, compared to a current price of $11.81 — trading 35.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 19.90%, which is 61% above median its 10-year median of 12.38 and 69.9% above the Industrial Products industry median of 11.71. Hammond Manufacturing Co's overall GF Score™ is 89/100. 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 Hammond Manufacturing Co (HMFAF), the current ROC (Joel Greenblatt) % is 19.90% 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 Hammond Manufacturing Co (HMFAF) Overvalued in 2026?
Based on GuruFocus' analysis, Hammond Manufacturing Co stock appears to be overvalued.
The current stock price of $11.81 is trading 35.3% above its estimated GF Value™ of $8.73.
GuruFocus considers Hammond Manufacturing Co to be Significantly Overvalued.
Key valuation signals for HMFAF:
ROC (Joel Greenblatt) %: 19.90% (61% above median its 10-year median of 12.38)
GF Value™: $8.73 vs. price of $11.81 (35.3% above fair value)
Industry Position: 69.9% above the Industrial Products median (#1360 of 3057)
No single metric tells the full story. See the HMFAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hammond Manufacturing Co Ltd is involved in the design, manufacture and sale of electrical and electronic components. Its geographical segments are Canada, the United States, and other countries, of which key revenue is derived from the United States. The company operates in one operating segment, electrical and electronic components. The company generates revenue through the manufacturing and sales of industrial enclosures, electronic enclosures, racks and cabinets, transformers and other products. Its manufactured products include electrical and electronic enclosures, racks and cabinets, power bars, and electronic (low-voltage) transformers.
89GF 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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