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. Lifeloc Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -9.64%.
The historical rank and industry rank for Lifeloc Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:
LCTC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -26.49 Med: 0.62 Max: 19.27
Current: -19.9
During the past 13 years, Lifeloc Technologies's highest ROC (Joel Greenblatt) % was 19.27%. The lowest was -26.49%. And the median was 0.62%.
LCTC's ROC (Joel Greenblatt) % is ranked worse than 83.88% of 2487
companies
in the Hardware industry
Industry Median: 10.44
vs LCTC: -19.90
Lifeloc Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Lifeloc Technologies ROC (Joel Greenblatt) % Related Terms
Lifeloc Technologies ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Lifeloc Technologies'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.
LCTC vs SCND, QURT, FCUV: ROC (Joel Greenblatt) % Comparison
For the Scientific & Technical Instruments subindustry, Lifeloc Technologies'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.
Lifeloc Technologies ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Lifeloc Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Lifeloc Technologies'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 -9.64% mean?
Lifeloc Technologies (LCTC) has a ROC (Joel Greenblatt) % of -9.64% 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 Lifeloc Technologies and its competitors. According to the industry distribution chart, Lifeloc Technologies ranks #2086 out of 2487 companies in the Hardware industry, placing it in the top 83.9%.
Is Lifeloc Technologies' ROC (Joel Greenblatt) % too high?
Lifeloc Technologies' current ROC (Joel Greenblatt) % is -9.64%. Based on the distribution chart, Lifeloc Technologies ranks #2086 out of 2487 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Lifeloc Technologies has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lifeloc Technologies' ROC (Joel Greenblatt) % compare to SCND and QURT?
According to the Hardware industry distribution chart, Lifeloc Technologies ranks #2086 out of 2487 companies for ROC (Joel Greenblatt) %. This places Lifeloc Technologies in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.44. 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.44, based on 2,487 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. 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 Lifeloc Technologies and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lifeloc Technologies's current ROC (Joel Greenblatt) % is -9.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lifeloc Technologies stock overvalued right now?
Based on GuruFocus' analysis, Lifeloc Technologies (LCTC) is currently considered Modestly Overvalued. The stock's GF Value™ is $3.02, compared to a current price of $3.39 — trading 12.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is -9.64%. Lifeloc Technologies' overall GF Score™ is 60/100 with 6 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 Lifeloc Technologies (LCTC), the current ROC (Joel Greenblatt) % is -9.64% 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 Lifeloc Technologies (LCTC) Overvalued in 2026?
Based on GuruFocus' analysis, Lifeloc Technologies stock appears to be overvalued.
The current stock price of $3.39 is trading 12.3% above its estimated GF Value™ of $3.02.
GuruFocus considers Lifeloc Technologies to be Modestly Overvalued.
Key valuation signals for LCTC:
ROC (Joel Greenblatt) %: -9.64%
GF Value™: $3.02 vs. price of $3.39 (12.3% above fair value)
No single metric tells the full story. See the LCTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lifeloc Technologies Inc is a developer, manufacturer, and marketer of portable hand-held and fixed station breathalyzers and related accessories, supplies, and education. It offers fuel-cell-based breath alcohol testing equipment and also a line of supplies, accessories, services, and training to support customers' alcohol testing programs. The company operates through one segment. The products of the company include: L series breathalyzers, FC series breathalyzers, Sentinel alcohol system, calibration equipment, impairment goggles, AlcoMark breath testing management software.
60GF Score
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