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Hudaco IndustriesJSE:HDC +2.85%87 ROC (Joel Greenblatt) % is 25.36% as of May. 2026, which is 22% below its 10-year median of 32.31. GuruFocus rates JSE:HDC with a GF Score™ of 87/100 and a GF Value™ of R198.23 (Fairly Valued). Among 158 Industrial Distribution companies, Hudaco Industries ranks better than 74.05% 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. Hudaco Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 25.36%.
The historical rank and industry rank for Hudaco Industries's ROC (Joel Greenblatt) % or its related term are showing as below:
JSE:HDC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.7 Med: 32.31 Max: 38.36
Current: 27.04
During the past 13 years, Hudaco Industries's highest ROC (Joel Greenblatt) % was 38.36%. The lowest was 7.70%. And the median was 32.31%.
JSE:HDC's ROC (Joel Greenblatt) % is ranked better than 74.05% of 158
companies
in the Industrial Distribution industry
Industry Median: 14.645
vs JSE:HDC: 27.04
Hudaco Industries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 16.90% 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.
Hudaco Industries ROC (Joel Greenblatt) % Related Terms
Hudaco Industries ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Hudaco Industries'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.
JSE:HDC vs GWW, FAST, FERG: ROC (Joel Greenblatt) % Comparison
For the Industrial Distribution subindustry, Hudaco Industries'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.
Hudaco Industries ROC (Joel Greenblatt) % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Hudaco Industries's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hudaco Industries'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 two times the semi-annual (May. 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 25.36% mean?
Hudaco Industries (JSE:HDC) has a ROC (Joel Greenblatt) % of 25.36% as of May. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Hudaco Industries and its competitors. This is 22% below median its historical median of 32.31. Over the past decade, Hudaco Industries' ROC (Joel Greenblatt) % has ranged from 7.70 to 38.36. According to the industry distribution chart, Hudaco Industries ranks #41 out of 158 companies in the Industrial Distribution industry, placing it in the top 25.9%.
Is Hudaco Industries' ROC (Joel Greenblatt) % too high?
Hudaco Industries' current ROC (Joel Greenblatt) % of 25.36% is 22% below median its 10-year median of 32.31. Over the past 10 years, this metric has ranged from a low of 7.70 to a high of 38.36. The Industrial Distribution industry median ROC (Joel Greenblatt) % is 14.65. Hudaco Industries' value of 25.36% is 73.2% above this industry median. Based on the distribution chart, Hudaco Industries ranks #41 out of 158 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Hudaco Industries has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hudaco Industries' ROC (Joel Greenblatt) % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hudaco Industries ranks #41 out of 158 companies for ROC (Joel Greenblatt) %. This puts Hudaco Industries in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.65. Hudaco Industries' value of 25.36% is 73.2% above this benchmark. Historically, Hudaco Industries' own ROC (Joel Greenblatt) % has ranged from 7.70 to 38.36 over the past decade. While the company's 10-year median is 32.31 vs. the industry median of 14.65, Hudaco Industries 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 Distribution company?
The median ROC (Joel Greenblatt) % among Industrial Distribution companies is 14.65, based on 158 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. Hudaco Industries's current ROC (Joel Greenblatt) % of 25.36% is 73.2% 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 Hudaco Industries and its competitors. For the Industrial Distribution industry, the median ROC (Joel Greenblatt) % is 14.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hudaco Industries's current ROC (Joel Greenblatt) % is 25.36%, which is 22% below median its own 10-year median of 32.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hudaco Industries stock overvalued right now?
Based on GuruFocus' analysis, Hudaco Industries (JSE:HDC) is currently considered Fairly Valued. The stock's GF Value™ is R198.23, compared to a current price of R192.50 — trading 2.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 25.36%, which is 22% below median its 10-year median of 32.31 and 73.2% above the Industrial Distribution industry median of 14.65. Hudaco Industries' overall GF Score™ is 87/100. 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 Hudaco Industries (JSE:HDC), the current ROC (Joel Greenblatt) % is 25.36% as of May. 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 Hudaco Industries (JSE:HDC) Overvalued in 2026?
Based on GuruFocus' analysis, Hudaco Industries stock appears to be undervalued.
The current stock price of R192.50 is trading 2.9% below its estimated GF Value™ of R198.23.
GuruFocus considers Hudaco Industries to be Fairly Valued.
Key valuation signals for JSE:HDC:
ROC (Joel Greenblatt) %: 25.36% (22% below median its 10-year median of 32.31)
GF Value™: R198.23 vs. price of R192.50 (2.9% below fair value)
Industry Position: 73.2% above the Industrial Distribution median (#41 of 158)
No single metric tells the full story. See the JSE:HDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hudaco Industries Ltd is engaged in importing and distributing branded automotive, industrial and electrical consumable products. The company operates in two business segment such as Consumer-related product segment which includes power tools, security equipment, communication equipment, automotive and batteries, and Engineering consumables segment which consist of bearings, diesel engines and spares, and power transmission. It generates maximum revenue from Engineering consumables segment. Geographically, it derives a majority of revenue from South Africa.
87GF Score
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