dorma+kaba Holding AG (LTS:0QMS) ROC (Joel Greenblatt) %: 33.23% (As of Dec. 2025) — Near Median


LTS:0QMS dorma+kaba Holding AG LTS:0QMS
66 GF Score
Price CHF56.18
GF Value CHF52.78
Valuation Fairly Valued
! 5 Warning Signs
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What is dorma+kaba Holding AG ROC (Joel Greenblatt) %?

dorma+kaba Holding AG LTS:0QMS -1.19% 66 ROC (Joel Greenblatt) % is 33.23% as of Dec. 2025, which is 4% below its 10-year median of 34.68. GuruFocus rates LTS:0QMS with a GF Score™ of 66/100 and a GF Value™ of CHF52.78 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,776 Construction companies, dorma+kaba Holding AG ranks better than 66.27% 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. dorma+kaba Holding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 33.23%.

The historical rank and industry rank for dorma+kaba Holding AG's ROC (Joel Greenblatt) % or its related term are showing as below:

LTS:0QMS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.27   Med: 34.68   Max: 45.49
Current: 33.72

During the past 13 years, dorma+kaba Holding AG's highest ROC (Joel Greenblatt) % was 45.49%. The lowest was 11.27%. And the median was 34.68%.

LTS:0QMS's ROC (Joel Greenblatt) % is ranked better than
66.27% of 1776 companies
in the Construction industry
Industry Median: 19.375 vs LTS:0QMS: 33.72

dorma+kaba Holding AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.20% per year.


dorma+kaba Holding AG  (LTS:0QMS) 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.


dorma+kaba Holding AG ROC (Joel Greenblatt) % Related Terms


dorma+kaba Holding AG ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for dorma+kaba Holding AG'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.

dorma+kaba Holding AG ROC (Joel Greenblatt) % Chart

dorma+kaba Holding AG Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.82 11.27 21.50 21.97 38.77

dorma+kaba Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 24.68 19.00 39.33 35.48 33.23

LTS:0QMS vs TT, JCI, CARR: ROC (Joel Greenblatt) % Comparison

For the Building Products & Equipment subindustry, dorma+kaba Holding AG'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.


dorma+kaba Holding AG ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, dorma+kaba Holding AG's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where dorma+kaba Holding AG's ROC (Joel Greenblatt) % falls into.


LTS:0QMS
66GF Score
dorma+kaba Holding AG LTS:0QMS
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

dorma+kaba Holding AG 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(469.3 + 476.7 + 87.6) - (288.1 + 0 + 400.6)
=344.9

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(413.3 + 489.5 + 119.1) - (168.4 + 0 + 399.2)
=454.3

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of dorma+kaba Holding AG for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=263.8/( ( (392.5 + max(344.9, 0)) + (396.2 + max(454.3, 0)) )/ 2 )
=263.8/( ( 737.4 + 850.5 )/ 2 )
=263.8/793.95
=33.23 %

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 33.23% mean?
dorma+kaba Holding AG (LTS:0QMS) has a ROC (Joel Greenblatt) % of 33.23% 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 dorma+kaba Holding AG and its competitors. This is near median its historical median of 34.68. Over the past decade, dorma+kaba Holding AG's ROC (Joel Greenblatt) % has ranged from 11.27 to 45.49. According to the industry distribution chart, dorma+kaba Holding AG ranks #599 out of 1776 companies in the Construction industry, placing it in the top 33.7%.
Is dorma+kaba Holding AG's ROC (Joel Greenblatt) % too high?
dorma+kaba Holding AG's current ROC (Joel Greenblatt) % of 33.23% is near median its 10-year median of 34.68. Over the past 10 years, this metric has ranged from a low of 11.27 to a high of 45.49. The Construction industry median ROC (Joel Greenblatt) % is 19.38. dorma+kaba Holding AG's value of 33.23% is 71.5% above this industry median. Based on the distribution chart, dorma+kaba Holding AG ranks #599 out of 1776 companies in the Construction industry, which is above the industry midpoint. Overall, dorma+kaba Holding AG has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does dorma+kaba Holding AG's ROC (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, dorma+kaba Holding AG ranks #599 out of 1776 companies for ROC (Joel Greenblatt) %. This puts dorma+kaba Holding AG in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.38. dorma+kaba Holding AG's value of 33.23% is 71.5% above this benchmark. Historically, dorma+kaba Holding AG's own ROC (Joel Greenblatt) % has ranged from 11.27 to 45.49 over the past decade. While the company's 10-year median is 34.68 vs. the industry median of 19.38, dorma+kaba Holding AG 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 a Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.38, based on 1,776 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. dorma+kaba Holding AG's current ROC (Joel Greenblatt) % of 33.23% is 71.5% 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 dorma+kaba Holding AG and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. dorma+kaba Holding AG's current ROC (Joel Greenblatt) % is 33.23%, which is near median its own 10-year median of 34.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is dorma+kaba Holding AG stock overvalued right now?
Based on GuruFocus' analysis, dorma+kaba Holding AG (LTS:0QMS) is currently considered Fairly Valued. The stock's GF Value™ is CHF52.78, compared to a current price of CHF56.18 — trading 6.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 33.23%, which is near median its 10-year median of 34.68 and 71.5% above the Construction industry median of 19.38. dorma+kaba Holding AG's overall GF Score™ is 66/100 with 5 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 dorma+kaba Holding AG (LTS:0QMS), the current ROC (Joel Greenblatt) % is 33.23% 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.

Is dorma+kaba Holding AG (LTS:0QMS) Overvalued in 2026?

Based on GuruFocus' analysis, dorma+kaba Holding AG stock appears to be overvalued. The current stock price of CHF56.18 is trading 6.4% above its estimated GF Value™ of CHF52.78. GuruFocus considers dorma+kaba Holding AG to be Fairly Valued.

Key valuation signals for LTS:0QMS:

  • ROC (Joel Greenblatt) %: 33.23% (near median its 10-year median of 34.68)
  • GF Value™: CHF52.78 vs. price of CHF56.18 (6.4% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 71.5% above the Construction median (#599 of 1776)

No single metric tells the full story. See the LTS:0QMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


dorma+kaba Holding AG Business Description

Address Hofwisenstrasse 24, Rumlang, CHE, 8153
dorma+kaba Holding AG is a security group that provides smart and secure access solutions and systems in the security industry. The group offers products such as Door Hardware, Entrance Systems, Electronic Access & Data, Mechanical Key Systems, Lodging Systems, Safe Locks, Movable Walls, Key Systems, and dormakaba digital. Its Services are Maintenance, Emergency Callout & Repair, Genuine Spare Parts, Modernization & Upgrades, Installation, Training & Webinars, Consulting, and Digital Services. The company has two operating segments: Access Solutions and Key & Wall Solutions and OEM. It generates the majority of its revenue from the Access Solutions segment.
66GF Score

Get the complete analysis for LTS:0QMS

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

CHF56.18
Price
CHF52.78
GF Value