HWGLF (Harworth Group) ROC (Joel Greenblatt) %: 17.47% (As of Dec. 2025) — 24% Below Median


HWGLF Harworth Group PLC HWGLF
73 GF Score
Price $2.07
GF Value $1.88
! 8 Warning Signs
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What is Harworth Group ROC (Joel Greenblatt) %?

Harworth Group HWGLF +1.97% 73 ROC (Joel Greenblatt) % is 17.47% as of Dec. 2025, which is 24% below its 10-year median of 22.90. GuruFocus rates HWGLF with a GF Score™ of 73/100 and a GF Value™ of $1.88. The stock has 8 warning signs investors should review. Among 1,748 Real Estate companies, Harworth Group ranks better than 55.78% 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. Harworth Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 17.47%.

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

HWGLF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.33   Med: 22.9   Max: 5768.06
Current: 17.67

During the past 13 years, Harworth Group's highest ROC (Joel Greenblatt) % was 5768.06%. The lowest was 16.33%. And the median was 22.90%.

HWGLF's ROC (Joel Greenblatt) % is ranked better than
55.78% of 1748 companies
in the Real Estate industry
Industry Median: 12.65 vs HWGLF: 17.67

Harworth Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -5.80% per year.


Harworth Group  (OTCPK:HWGLF) 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.


Harworth Group ROC (Joel Greenblatt) % Related Terms


Harworth Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Harworth Group'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.

Harworth Group ROC (Joel Greenblatt) % Chart

Harworth Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.04 20.18 25.49 46.11 20.95

Harworth Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 42.77 19.24 63.20 15.70 17.47

Harworth Group ROC (Joel Greenblatt) % Competitor Comparison

For the Real Estate - Development subindustry, Harworth Group'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.


Harworth Group ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Harworth Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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


HWGLF
73GF Score
Harworth Group PLC HWGLF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Harworth Group 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(124.552 + 279.95 + 46.538) - (158.558 + 0 + 2.8421709430404E-14)
=292.482

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(88.209 + 283.889 + 14.997) - (43.341 + 0 + 117.596)
=226.158

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Harworth Group for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=47.162/( ( (8.83 + max(292.482, 0)) + (12.458 + max(226.158, 0)) )/ 2 )
=47.162/( ( 301.312 + 238.616 )/ 2 )
=47.162/269.964
=17.47 %

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 17.47% mean?
Harworth Group (HWGLF) has a ROC (Joel Greenblatt) % of 17.47% 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 Harworth Group and its competitors. This is 24% below median its historical median of 22.90. Over the past decade, Harworth Group's ROC (Joel Greenblatt) % has ranged from 16.33 to 5,768.06. According to the industry distribution chart, Harworth Group ranks #773 out of 1748 companies in the Real Estate industry, placing it in the top 44.2%.
Is Harworth Group's ROC (Joel Greenblatt) % too high?
Harworth Group's current ROC (Joel Greenblatt) % of 17.47% is 24% below median its 10-year median of 22.90. Over the past 10 years, this metric has ranged from a low of 16.33 to a high of 5,768.06. The Real Estate industry median ROC (Joel Greenblatt) % is 12.65. Harworth Group's value of 17.47% is 38.1% above this industry median. Based on the distribution chart, Harworth Group ranks #773 out of 1748 companies in the Real Estate industry, which is above the industry midpoint. Overall, Harworth Group has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Harworth Group's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Harworth Group ranks #773 out of 1748 companies for ROC (Joel Greenblatt) %. This puts Harworth Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.65. Harworth Group's value of 17.47% is 38.1% above this benchmark. Historically, Harworth Group's own ROC (Joel Greenblatt) % has ranged from 16.33 to 5,768.06 over the past decade. While the company's 10-year median is 22.90 vs. the industry median of 12.65, Harworth Group 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.65, based on 1,748 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. Harworth Group's current ROC (Joel Greenblatt) % of 17.47% is 38.1% 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 Harworth Group and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harworth Group's current ROC (Joel Greenblatt) % is 17.47%, which is 24% below median its own 10-year median of 22.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harworth Group stock overvalued right now?
Harworth Group (HWGLF) has a current ROC (Joel Greenblatt) % of 17.47%. The stock's GF Value™ is $1.88, compared to a current price of $2.07 — trading 10.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 17.47%, which is 24% below median its 10-year median of 22.90 and 38.1% above the Real Estate industry median of 12.65. Harworth Group's overall GF Score™ is 73/100 with 8 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 Harworth Group (HWGLF), the current ROC (Joel Greenblatt) % is 17.47% 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 Harworth Group (HWGLF) Overvalued in 2026?

Based on GuruFocus' analysis, Harworth Group stock appears to be overvalued. The current stock price of $2.07 is trading 10.1% above its estimated GF Value™ of $1.88.

Key valuation signals for HWGLF:

  • ROC (Joel Greenblatt) %: 17.47% (24% below median its 10-year median of 22.90)
  • GF Value™: $1.88 vs. price of $2.07 (10.1% above fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 38.1% above the Real Estate median (#773 of 1748)

No single metric tells the full story. See the HWGLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harworth Group Business Description

Other Exchanges HWGl:UKHWG:UK
Address Poplar Way, Advantage House, Catcliffe, Rotherham, South Yorkshire, GBR, S60 5TR
Harworth Group PLC operates as a brownfield regeneration company in the North of England and the Midlands. It is organized into two operating segments: The Income Generation segment focuses on generating rental returns from the business space portfolio, rental returns and royalties from energy generation, environmental technologies, and the agricultural portfolio, and income-generating streams from recycled aggregates and secondary coal products. The Capital Growth segment focuses on delivering value by developing the underlying portfolio and includes planning and development activity, value engineering, proactive asset management, and strategic land acquisitions. It generates a vast majority of its revenues from the sale of development properties.
73GF Score

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

$2.07
Price
$1.88
GF Value