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.
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.
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. Concejo AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 540.20%.
The historical rank and industry rank for Concejo AB's ROC (Joel Greenblatt) % or its related term are showing as below:
LTS:0GOG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -518.6 Med: -29.18 Max: 123.7
Current: 123.7
During the past 13 years, Concejo AB's highest ROC (Joel Greenblatt) % was 123.70%. The lowest was -518.60%. And the median was -29.18%.
LTS:0GOG's ROC (Joel Greenblatt) % is ranked better than 89.73% of 1782
companies
in the Construction industry
Industry Median: 19.6
vs LTS:0GOG: 123.70
Concejo AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Concejo AB (LTS:0GOG) 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.
Concejo AB ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Concejo AB'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.
LTS:0GOG vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison
For the Building Products & Equipment subindustry, Concejo AB'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.
Concejo AB ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Concejo AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Concejo AB'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 540.20% mean?
Concejo AB (LTS:0GOG) has a ROC (Joel Greenblatt) % of 540.20% 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 Concejo AB and its competitors. According to the industry distribution chart, Concejo AB ranks #183 out of 1782 companies in the Construction industry, placing it in the top 10.3%.
Is Concejo AB's ROC (Joel Greenblatt) % too high?
Concejo AB's current ROC (Joel Greenblatt) % is 540.20%. The Construction industry median ROC (Joel Greenblatt) % is 19.60. Concejo AB's value of 540.20% is 2656.1% above this industry median. Based on the distribution chart, Concejo AB ranks #183 out of 1782 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Concejo AB has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Concejo AB's ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, Concejo AB ranks #183 out of 1782 companies for ROC (Joel Greenblatt) %. This places Concejo AB in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.60. Concejo AB's value of 540.20% is 2656.1% above this benchmark. 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.60, based on 1,782 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. Concejo AB's current ROC (Joel Greenblatt) % of 540.20% is 2656.1% 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 Concejo AB and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Concejo AB's current ROC (Joel Greenblatt) % is 540.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concejo AB stock overvalued right now?
Concejo AB (LTS:0GOG) has a current ROC (Joel Greenblatt) % of 540.20%. The stock's GF Value™ is kr39.11, compared to a current price of kr46.90 — trading 19.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 540.20% and 2656.1% above the Construction industry median of 19.60. Concejo AB's overall GF Score™ is 68/100 with 7 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 Concejo AB (LTS:0GOG), the current ROC (Joel Greenblatt) % is 540.20% 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 Concejo AB (LTS:0GOG) Overvalued in 2026?
Based on GuruFocus' analysis, Concejo AB stock appears to be overvalued.
The current stock price of kr46.90 is trading 19.9% above its estimated GF Value™ of kr39.11.
Key valuation signals for LTS:0GOG:
ROC (Joel Greenblatt) %: 540.20%
GF Value™: kr39.11 vs. price of kr46.90 (19.9% above fair value)
Industry Position: 2656.1% above the Construction median (#183 of 1782)
No single metric tells the full story. See the LTS:0GOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Concejo AB is a mixed investment company with operations conducted in three business areas. Concejo Industrier, SBF Fonder, and Concejo Ventures. The company's segments include Concejo Industrier - Industrial operations, SBF Funder - Fund operations, and Ventures Council - The investment business. It derives revenue from Concejo Industrier which further includes Firenor Internationa, Optronics Technology, ACAF Systems, and SAL Navigation; which offer security systems for firefighting, provides optical gas detectors for various industrial applications.
68GF Score
Get the complete analysis for LTS:0GOG
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0GOG has been successfully added to your 
