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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. Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.89%.
IST:HKTM's ROC (Joel Greenblatt) % is ranked better than 58.55% of 3064
companies
in the Industrial Products industry
Industry Median: 11.725
vs IST:HKTM: 15.77
Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS (IST:HKTM) 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.
Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS ROC (Joel Greenblatt) % Chart
Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Annual Data
* 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.
Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS ROC (Joel Greenblatt) % vs Industrial Products Industry
Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS 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 10.89% mean?
Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS (IST:HKTM) has a ROC (Joel Greenblatt) % of 10.89% 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 Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS and its competitors. This is 55% below median its historical median of 24.37. Over the past decade, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's ROC (Joel Greenblatt) % has ranged from 7.89 to 72.45. According to the industry distribution chart, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS ranks #1270 out of 3064 companies in the Industrial Products industry, placing it in the top 41.4%.
Is Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's ROC (Joel Greenblatt) % too high?
Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's current ROC (Joel Greenblatt) % of 10.89% is 55% below median its 10-year median of 24.37. Over the past 10 years, this metric has ranged from a low of 7.89 to a high of 72.45. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.73. Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's value of 10.89% is 7.1% below this industry median. Based on the distribution chart, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS ranks #1270 out of 3064 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS ranks #1270 out of 3064 companies for ROC (Joel Greenblatt) %. This puts Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.73. Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's value of 10.89% is 7.1% below this benchmark. Historically, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's own ROC (Joel Greenblatt) % has ranged from 7.89 to 72.45 over the past decade. While the company's 10-year median is 24.37 vs. the industry median of 11.73, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS has consistently been below 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 11.73, based on 3,064 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. Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's current ROC (Joel Greenblatt) % of 10.89% is 7.1% below 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 Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's current ROC (Joel Greenblatt) % is 10.89%, which is 55% below median its own 10-year median of 24.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS (IST:HKTM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺14.31, compared to a current price of ₺10.61 — trading 25.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.89%, which is 55% below median its 10-year median of 24.37 and 7.1% below the Industrial Products industry median of 11.73. Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS's overall GF Score™ is 76/100 with 11 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 Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS (IST:HKTM), the current ROC (Joel Greenblatt) % is 10.89% 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 Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS (IST:HKTM) Overvalued in 2026?
Based on GuruFocus' analysis, Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS stock appears to be undervalued.
The current stock price of ₺10.61 is trading 25.9% below its estimated GF Value™ of ₺14.31.
GuruFocus considers Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS to be Modestly Undervalued.
Key valuation signals for IST:HKTM:
ROC (Joel Greenblatt) %: 10.89% (55% below median its 10-year median of 24.37)
GF Value™: ₺14.31 vs. price of ₺10.61 (25.9% below fair value)
Industry Position: 7.1% below the Industrial Products median (#1270 of 3064)
No single metric tells the full story. See the IST:HKTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hidropar Hareket Kontrol Teknolojileri Merkezinayi Ve Ticaret AS Business Description
Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi Ve Ticaret AS offers engineering solutions. It produces mechanical Automation, Robotics, and Hydromechanical Systems. Its product offerings comprise 3 Axis Glass Transfer System, Oscillation Hydraulic System and Cylinder, Upper Table Bonding Project, Application of Plasma Projects, Vacuum Pack Conveyor System, Carton Box Counting System, X-Ray Machine Servo Drive System, among others.
76GF 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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