Avingtrans (LSE:AVG) ROC (Joel Greenblatt) %: 21.10% (As of Nov. 2025) — 30% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSE:AVG Avingtrans PLC LSE:AVG
86 GF Score
Price £6.70
GF Value £4.96
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Avingtrans ROC (Joel Greenblatt) %?

Avingtrans LSE:AVG 86 ROC (Joel Greenblatt) % is 21.10% as of Nov. 2025, which is 30% above its 10-year median of 16.17. GuruFocus rates LSE:AVG with a GF Score™ of 86/100 and a GF Value™ of £4.96 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 3,061 Industrial Products companies, Avingtrans ranks better than 58.61% 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. Avingtrans's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 was 21.10%.

The historical rank and industry rank for Avingtrans's ROC (Joel Greenblatt) % or its related term are showing as below:

LSE:AVG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -23.26   Med: 16.17   Max: 30.34
Current: 15.75

During the past 13 years, Avingtrans's highest ROC (Joel Greenblatt) % was 30.34%. The lowest was -23.26%. And the median was 16.17%.

LSE:AVG's ROC (Joel Greenblatt) % is ranked better than
58.61% of 3061 companies
in the Industrial Products industry
Industry Median: 11.71 vs LSE:AVG: 15.75

Avingtrans's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 39.80% per year.


Avingtrans  (LSE:AVG) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Avingtrans ROC (Joel Greenblatt) % Related Terms


Avingtrans ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Avingtrans'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.

Avingtrans ROC (Joel Greenblatt) % Chart

Avingtrans Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.14 28.64 30.34 18.59 21.47

Avingtrans Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.41 8.26 17.40 13.34 21.10

LSE:AVG vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, Avingtrans'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.


Avingtrans ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Avingtrans's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Avingtrans's ROC (Joel Greenblatt) % falls into.


LSE:AVG
86GF Score
Avingtrans PLC LSE:AVG
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avingtrans 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: May. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29.719 + 19.47 + 6.336) - (21.818 + 0 + 23.303)
=10.404

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(60.289 + 21.367 + 1.739) - (44.424 + 0 + 2.973)
=35.998

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Avingtrans for the quarter that ended in Nov. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Nov. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2025  Q: Nov. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10.696/( ( (27.864 + max(10.404, 0)) + (27.138 + max(35.998, 0)) )/ 2 )
=10.696/( ( 38.268 + 63.136 )/ 2 )
=10.696/50.702
=21.10 %

Note: The EBIT data used here is two times the semi-annual (Nov. 2025) 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 21.10% mean?
Avingtrans (LSE:AVG) has a ROC (Joel Greenblatt) % of 21.10% as of Nov. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Avingtrans and its competitors. This is 30% above median its historical median of 16.17. According to the industry distribution chart, Avingtrans ranks #1267 out of 3061 companies in the Industrial Products industry, placing it in the top 41.4%.
Is Avingtrans' ROC (Joel Greenblatt) % too high?
Avingtrans' current ROC (Joel Greenblatt) % of 21.10% is 30% above median its 10-year median of 16.17. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.71. Avingtrans' value of 21.10% is 80.2% above this industry median. Based on the distribution chart, Avingtrans ranks #1267 out of 3061 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Avingtrans has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avingtrans' ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Avingtrans ranks #1267 out of 3061 companies for ROC (Joel Greenblatt) %. This puts Avingtrans in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.71. Avingtrans' value of 21.10% is 80.2% above this benchmark. While the company's 10-year median is 16.17 vs. the industry median of 11.71, Avingtrans 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 Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.71, based on 3,061 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. Avingtrans's current ROC (Joel Greenblatt) % of 21.10% is 80.2% 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 Avingtrans and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avingtrans's current ROC (Joel Greenblatt) % is 21.10%, which is 30% above median its own 10-year median of 16.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avingtrans stock overvalued right now?
Based on GuruFocus' analysis, Avingtrans (LSE:AVG) is currently considered Significantly Overvalued. The stock's GF Value™ is £4.96, compared to a current price of £6.70 — trading 35.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 21.10%, which is 30% above median its 10-year median of 16.17 and 80.2% above the Industrial Products industry median of 11.71. Avingtrans' overall GF Score™ is 86/100 with 8 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 Avingtrans (LSE:AVG), the current ROC (Joel Greenblatt) % is 21.10% as of Nov. 2025. 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 Avingtrans (LSE:AVG) Overvalued in 2026?

Based on GuruFocus' analysis, Avingtrans stock appears to be overvalued. The current stock price of £6.70 is trading 35.1% above its estimated GF Value™ of £4.96. GuruFocus considers Avingtrans to be Significantly Overvalued.

Key valuation signals for LSE:AVG:

  • ROC (Joel Greenblatt) %: 21.10% (30% above median its 10-year median of 16.17)
  • GF Value™: £4.96 vs. price of £6.70 (35.1% above fair value)
  • GF Score™: 86/100 with 8 warning signs
  • Industry Position: 80.2% above the Industrial Products median (#1267 of 3061)

No single metric tells the full story. See the LSE:AVG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avingtrans Business Description

Other Exchanges DZR:Germany
Address Chatteris Business Park, Chatteris, Cambridgeshire, GBR, PE16 6SA
Avingtrans PLC is principally engaged in the provision of engineered components, systems, and services to the energy, medical, and infrastructure industries in various countries. The company is organised into two segments: Energy-AES and Medical-MII. Energy-AES designs, manufactures, and services performance-critical electric motors and pumps for the energy industry, as both an OEM supplier and a trusted through life support partner. This segment also offers products like gas compressors, pressure vessels, blast doors, and containers. Medical-MII segment designs and manufactures equipment for the medical, science, and research communities. The majority of its revenue is generated from the Energy-AES segment. Geographically, it derives key revenue from the United Kingdom..
86GF Score

Get the complete analysis for LSE:AVG

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£6.70
Price
£4.96
GF Value