Kemira OyjKOYJF -0.16%70 ROC (Joel Greenblatt) % is 20.05% as of Mar. 2026, which is 18% above its 10-year median of 17.00. GuruFocus rates KOYJF with a GF Score™ of 70/100 and a GF Value™ of $21.94 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,604 Chemicals companies, Kemira Oyj ranks better than 75.37% 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. Kemira Oyj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.05%.
The historical rank and industry rank for Kemira Oyj's ROC (Joel Greenblatt) % or its related term are showing as below:
KOYJF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.43 Med: 17 Max: 29.15
Current: 19.98
During the past 13 years, Kemira Oyj's highest ROC (Joel Greenblatt) % was 29.15%. The lowest was 13.43%. And the median was 17.00%.
KOYJF's ROC (Joel Greenblatt) % is ranked better than 75.37% of 1604
companies
in the Chemicals industry
Industry Median: 9.4
vs KOYJF: 19.98
Kemira Oyj's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.80% 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.
Kemira Oyj ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Kemira Oyj'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.
For the Chemicals subindustry, Kemira Oyj'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.
Kemira Oyj ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Kemira Oyj's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kemira Oyj'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 20.05% mean?
Kemira Oyj (KOYJF) has a ROC (Joel Greenblatt) % of 20.05% 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 Kemira Oyj and its competitors. This is 18% above median its historical median of 17.00. Over the past decade, Kemira Oyj's ROC (Joel Greenblatt) % has ranged from 13.43 to 29.15. According to the industry distribution chart, Kemira Oyj ranks #395 out of 1604 companies in the Chemicals industry, placing it in the top 24.6%.
Is Kemira Oyj's ROC (Joel Greenblatt) % too high?
Kemira Oyj's current ROC (Joel Greenblatt) % of 20.05% is 18% above median its 10-year median of 17.00. Over the past 10 years, this metric has ranged from a low of 13.43 to a high of 29.15. The Chemicals industry median ROC (Joel Greenblatt) % is 9.40. Kemira Oyj's value of 20.05% is 113.3% above this industry median. Based on the distribution chart, Kemira Oyj ranks #395 out of 1604 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Kemira Oyj has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kemira Oyj's ROC (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, Kemira Oyj ranks #395 out of 1604 companies for ROC (Joel Greenblatt) %. This places Kemira Oyj in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 9.40. Kemira Oyj's value of 20.05% is 113.3% above this benchmark. Historically, Kemira Oyj's own ROC (Joel Greenblatt) % has ranged from 13.43 to 29.15 over the past decade. While the company's 10-year median is 17.00 vs. the industry median of 9.40, Kemira Oyj 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.40, based on 1,604 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. Kemira Oyj's current ROC (Joel Greenblatt) % of 20.05% is 113.3% 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 Kemira Oyj and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kemira Oyj's current ROC (Joel Greenblatt) % is 20.05%, which is 18% above median its own 10-year median of 17.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kemira Oyj stock overvalued right now?
Based on GuruFocus' analysis, Kemira Oyj (KOYJF) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.94, compared to a current price of $18.75 — trading 14.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 20.05%, which is 18% above median its 10-year median of 17.00 and 113.3% above the Chemicals industry median of 9.40. Kemira Oyj's overall GF Score™ is 70/100 with 2 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 Kemira Oyj (KOYJF), the current ROC (Joel Greenblatt) % is 20.05% 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 Kemira Oyj (KOYJF) Overvalued in 2026?
Based on GuruFocus' analysis, Kemira Oyj stock appears to be undervalued.
The current stock price of $18.75 is trading 14.5% below its estimated GF Value™ of $21.94.
GuruFocus considers Kemira Oyj to be Modestly Undervalued.
Key valuation signals for KOYJF:
ROC (Joel Greenblatt) %: 20.05% (18% above median its 10-year median of 17.00)
GF Value™: $21.94 vs. price of $18.75 (14.5% below fair value)
Industry Position: 113.3% above the Chemicals median (#395 of 1604)
No single metric tells the full story. See the KOYJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kemira Oyj is a chemicals company serving customers in water-intensive industries. It provides expertise in applications and chemicals that help customers use water, energy, and raw materials more efficiently. Along with its subsidiaries, the company's operating business segments are: Water Solutions, Packaging & Hygiene Solutions, and Fiber Essentials. The majority of its revenue is generated from the Water solutions segment. Geographically, the company derives its key revenue from EMEA (Europe, the Middle East, and Africa), followed by the Americas and the Asia-Pacific region.
70GF Score
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