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Integer HoldingsITGR +0.48%83 ROC (Joel Greenblatt) % is 10.23% as of Mar. 2026, which is 55% below its 10-year median of 22.72. GuruFocus rates ITGR with a GF Score™ of 83/100 and a GF Value™ of $117.21 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 838 Medical Devices & Instruments companies, Integer Holdings ranks better than 66.83% 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. Integer Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.23%.
The historical rank and industry rank for Integer Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
ITGR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.35 Med: 22.72 Max: 30.73
Current: 17.77
During the past 13 years, Integer Holdings's highest ROC (Joel Greenblatt) % was 30.73%. The lowest was 14.35%. And the median was 22.72%.
ITGR's ROC (Joel Greenblatt) % is ranked better than 66.83% of 838
companies
in the Medical Devices & Instruments industry
Industry Median: 4.145
vs ITGR: 17.77
Integer Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.80% per year.
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.
Integer Holdings ROC (Joel Greenblatt) % Related Terms
Integer Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Integer Holdings'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.
ITGR vs HAE, ESTA, IRTC: ROC (Joel Greenblatt) % Comparison
For the Medical Devices subindustry, Integer Holdings'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.
Integer Holdings ROC (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Integer Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Integer Holdings's ROC (Joel Greenblatt) % falls into.
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 10.23% mean?
Integer Holdings (ITGR) has a ROC (Joel Greenblatt) % of 10.23% 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 Integer Holdings and its competitors. This is 55% below median its historical median of 22.72. Over the past decade, Integer Holdings' ROC (Joel Greenblatt) % has ranged from 14.35 to 30.73. According to the industry distribution chart, Integer Holdings ranks #278 out of 838 companies in the Medical Devices & Instruments industry, placing it in the top 33.2%.
Is Integer Holdings' ROC (Joel Greenblatt) % too high?
Integer Holdings' current ROC (Joel Greenblatt) % of 10.23% is 55% below median its 10-year median of 22.72. Over the past 10 years, this metric has ranged from a low of 14.35 to a high of 30.73. The Medical Devices & Instruments industry median ROC (Joel Greenblatt) % is 4.15. Integer Holdings' value of 10.23% is 146.8% above this industry median. Based on the distribution chart, Integer Holdings ranks #278 out of 838 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Integer Holdings has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Integer Holdings' ROC (Joel Greenblatt) % compare to HAE and ESTA?
According to the Medical Devices & Instruments industry distribution chart, Integer Holdings ranks #278 out of 838 companies for ROC (Joel Greenblatt) %. This puts Integer Holdings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 4.15. Integer Holdings' value of 10.23% is 146.8% above this benchmark. Historically, Integer Holdings' own ROC (Joel Greenblatt) % has ranged from 14.35 to 30.73 over the past decade. While the company's 10-year median is 22.72 vs. the industry median of 4.15, Integer Holdings 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 Medical Devices & Instruments company?
The median ROC (Joel Greenblatt) % among Medical Devices & Instruments companies is 4.15, based on 838 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. Integer Holdings's current ROC (Joel Greenblatt) % of 10.23% is 146.8% 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 Integer Holdings and its competitors. For the Medical Devices & Instruments industry, the median ROC (Joel Greenblatt) % is 4.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Integer Holdings's current ROC (Joel Greenblatt) % is 10.23%, which is 55% below median its own 10-year median of 22.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Integer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Integer Holdings (ITGR) is currently considered Modestly Undervalued. The stock's GF Value™ is $117.21, compared to a current price of $97.02 — trading 17.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.23%, which is 55% below median its 10-year median of 22.72 and 146.8% above the Medical Devices & Instruments industry median of 4.15. Integer Holdings' overall GF Score™ is 83/100 with 1 warning sign 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 Integer Holdings (ITGR), the current ROC (Joel Greenblatt) % is 10.23% 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 Integer Holdings (ITGR) Overvalued in 2026?
Based on GuruFocus' analysis, Integer Holdings stock appears to be undervalued.
The current stock price of $97.02 is trading 17.2% below its estimated GF Value™ of $117.21.
GuruFocus considers Integer Holdings to be Modestly Undervalued.
Key valuation signals for ITGR:
ROC (Joel Greenblatt) %: 10.23% (55% below median its 10-year median of 22.72)
GF Value™: $117.21 vs. price of $97.02 (17.2% below fair value)
Industry Position: 146.8% above the Medical Devices & Instruments median (#278 of 838)
No single metric tells the full story. See the ITGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Integer Holdings Corp is a manufacturer of medical device components used by original equipment manufacturers in the medical industry. The firm organizes itself into one segment and derives its revenues from three product lines: Cardio & Vascular, Cardiac Rhythm Management & Neuromodulation and Other Markets. The company earns maximum of its revenue in the United States, and also has its presence in Ireland, Puerto Rico, Costa Rica, and Rest of the World.
83GF Score
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