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Technologies New EnergyLSE:TNE 34 ROC (Joel Greenblatt) % is 1,507.69% as of Dec. 2025, which is 1163% above its 10-year median of 119.35. GuruFocus rates LSE:TNE with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 309 Diversified Financial Services companies, Technologies New Energy ranks better than 74.43% 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. Technologies New Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1,507.69%.
The historical rank and industry rank for Technologies New Energy's ROC (Joel Greenblatt) % or its related term are showing as below:
LSE:TNE'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 98.9 Med: 119.35 Max: 119.35
Current: 98.9
During the past 4 years, Technologies New Energy's highest ROC (Joel Greenblatt) % was 119.35%. The lowest was 98.90%. And the median was 119.35%.
LSE:TNE's ROC (Joel Greenblatt) % is ranked better than 74.43% of 309
companies
in the Diversified Financial Services industry
Industry Median: -275.74
vs LSE:TNE: 98.90
Technologies New Energy's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Technologies New Energy (LSE:TNE) 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.
Technologies New Energy ROC (Joel Greenblatt) % Related Terms
Technologies New Energy ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Technologies New Energy'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.
Technologies New Energy ROC (Joel Greenblatt) % Chart
LSE:TNE vs XXI, CCXI, DMII: ROC (Joel Greenblatt) % Comparison
For the Shell Companies subindustry, Technologies New Energy'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.
Technologies New Energy ROC (Joel Greenblatt) % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Technologies New Energy's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Technologies New Energy's ROC (Joel Greenblatt) % falls into.
Technologies New Energy 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:
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 (Dec. 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 1,507.69% mean?
Technologies New Energy (LSE:TNE) has a ROC (Joel Greenblatt) % of 1,507.69% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Technologies New Energy and its competitors. This is 1163% above median its historical median of 119.35. Over the past decade, Technologies New Energy's ROC (Joel Greenblatt) % has ranged from 98.90 to 119.35. According to the industry distribution chart, Technologies New Energy ranks #79 out of 309 companies in the Diversified Financial Services industry, placing it in the top 25.6%.
Is Technologies New Energy's ROC (Joel Greenblatt) % too high?
Technologies New Energy's current ROC (Joel Greenblatt) % of 1,507.69% is 1163% above median its 10-year median of 119.35. Over the past 10 years, this metric has ranged from a low of 98.90 to a high of 119.35. Based on the distribution chart, Technologies New Energy ranks #79 out of 309 companies in the Diversified Financial Services industry, which is above the industry midpoint. Overall, Technologies New Energy has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Technologies New Energy's ROC (Joel Greenblatt) % compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, Technologies New Energy ranks #79 out of 309 companies for ROC (Joel Greenblatt) %. This puts Technologies New Energy in the upper half of its industry. Historically, Technologies New Energy's own ROC (Joel Greenblatt) % has ranged from 98.90 to 119.35 over the past decade. 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 Diversified Financial Services company?
A good ROC (Joel Greenblatt) % depends on the Diversified Financial Services industry context. 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 Technologies New Energy and its competitors. Technologies New Energy's current ROC (Joel Greenblatt) % is 1,507.69%, which is 1163% above median its own 10-year median of 119.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technologies New Energy stock overvalued right now?
Technologies New Energy (LSE:TNE) has a current ROC (Joel Greenblatt) % of 1,507.69%. The current ROC (Joel Greenblatt) % is 1,507.69%, which is 1163% above median its 10-year median of 119.35. Technologies New Energy's overall GF Score™ is 34/100 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 Technologies New Energy (LSE:TNE), the current ROC (Joel Greenblatt) % is 1,507.69% as of Dec. 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.
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