Goodwin (LSE:GDWN) ROC (Joel Greenblatt) %: 56.90% (As of Oct. 2025) — 226% Above Median


LSE:GDWN Goodwin PLC LSE:GDWN
72 GF Score
Price £169.40
GF Value £92.14
Valuation Significantly Overvalued
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What is Goodwin ROC (Joel Greenblatt) %?

Goodwin LSE:GDWN +3.55% 72 ROC (Joel Greenblatt) % is 56.90% as of Oct. 2025, which is 226% above its 10-year median of 17.45. GuruFocus rates LSE:GDWN with a GF Score™ of 72/100 and a GF Value™ of £92.14 (Significantly Overvalued). Among 3,060 Industrial Products companies, Goodwin ranks better than 85.78% 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. Goodwin's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2025 was 56.90%.

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

LSE:GDWN' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.38   Med: 17.45   Max: 40.72
Current: 40.72

During the past 13 years, Goodwin's highest ROC (Joel Greenblatt) % was 40.72%. The lowest was 10.38%. And the median was 17.45%.

LSE:GDWN's ROC (Joel Greenblatt) % is ranked better than
85.78% of 3060 companies
in the Industrial Products industry
Industry Median: 11.7 vs LSE:GDWN: 40.72

Goodwin's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 12.40% per year.


Goodwin  (LSE:GDWN) 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.


Goodwin ROC (Joel Greenblatt) % Related Terms


Goodwin ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Goodwin'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.

Goodwin ROC (Joel Greenblatt) % Chart

Goodwin Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.25 19.49 19.91 20.69 26.06

Goodwin Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 21.29 21.49 24.68 26.18 56.90

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

For the Specialty Industrial Machinery subindustry, Goodwin'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.


Goodwin ROC (Joel Greenblatt) % vs Industrial Products Industry

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

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


LSE:GDWN
72GF Score
Goodwin PLC LSE:GDWN
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Goodwin 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: Apr. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.931 + 39.096 + 10.683) - (25.245 + 0 + 48.235)
=12.23

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34.832 + 43.297 + 3.109) - (83.984 + 0 + 36.279)
=-39.025

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Oct. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2025  Q: Oct. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=74.706/( ( (122.887 + max(12.23, 0)) + (127.477 + max(-39.025, 0)) )/ 2 )
=74.706/( ( 135.117 + 127.477 )/ 2 )
=74.706/131.297
=56.90 %

Note: The EBIT data used here is two times the semi-annual (Oct. 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 56.90% mean?
Goodwin (LSE:GDWN) has a ROC (Joel Greenblatt) % of 56.90% as of Oct. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Goodwin and its competitors. This is 226% above median its historical median of 17.45. Over the past decade, Goodwin's ROC (Joel Greenblatt) % has ranged from 10.38 to 40.72. According to the industry distribution chart, Goodwin ranks #435 out of 3060 companies in the Industrial Products industry, placing it in the top 14.2%.
Is Goodwin's ROC (Joel Greenblatt) % too high?
Goodwin's current ROC (Joel Greenblatt) % of 56.90% is 226% above median its 10-year median of 17.45. Over the past 10 years, this metric has ranged from a low of 10.38 to a high of 40.72. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.70. Goodwin's value of 56.90% is 386.3% above this industry median. Based on the distribution chart, Goodwin ranks #435 out of 3060 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Goodwin has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodwin's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Goodwin ranks #435 out of 3060 companies for ROC (Joel Greenblatt) %. This places Goodwin in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.70. Goodwin's value of 56.90% is 386.3% above this benchmark. Historically, Goodwin's own ROC (Joel Greenblatt) % has ranged from 10.38 to 40.72 over the past decade. While the company's 10-year median is 17.45 vs. the industry median of 11.70, Goodwin 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 11.70, based on 3,060 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. Goodwin's current ROC (Joel Greenblatt) % of 56.90% is 386.3% 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 Goodwin and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodwin's current ROC (Joel Greenblatt) % is 56.90%, which is 226% above median its own 10-year median of 17.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodwin stock overvalued right now?
Based on GuruFocus' analysis, Goodwin (LSE:GDWN) is currently considered Significantly Overvalued. The stock's GF Value™ is £92.14, compared to a current price of £169.40 — trading 83.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 56.90%, which is 226% above median its 10-year median of 17.45 and 386.3% above the Industrial Products industry median of 11.70. Goodwin's overall GF Score™ is 72/100. 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 Goodwin (LSE:GDWN), the current ROC (Joel Greenblatt) % is 56.90% as of Oct. 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 Goodwin (LSE:GDWN) Overvalued in 2026?

Based on GuruFocus' analysis, Goodwin stock appears to be overvalued. The current stock price of £169.40 is trading 83.9% above its estimated GF Value™ of £92.14. GuruFocus considers Goodwin to be Significantly Overvalued.

Key valuation signals for LSE:GDWN:

  • ROC (Joel Greenblatt) %: 56.90% (226% above median its 10-year median of 17.45)
  • GF Value™: £92.14 vs. price of £169.40 (83.9% above fair value)
  • GF Score™: 72/100
  • Industry Position: 386.3% above the Industrial Products median (#435 of 3060)

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


Goodwin Business Description

Other Exchanges GDWNl:UKGDW:Germany
Address Ivy House Foundry, Hanley, Stoke-on-Trent, Staffordshire, GBR, ST1 3NR
Goodwin PLC is a mechanical component manufacturing company. Its operating segments are the Mechanical Engineering segment which includes casting, valve, antenna, and pump manufacturer and general engineering, and the Refractory Engineering segment which consists of powder manufacture and mineral processing. The company generates the majority of its revenue from the Mechanical Engineering segment. Geographically, the company generates maximum revenue from the United Kingdom and also has its presence in Europe, the United States of America, Pacific Basin, and the rest of the world.
72GF Score

Get the complete analysis for LSE:GDWN

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

£169.40
Price
£92.14
GF Value