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Berner Industrier ABLTS:0RNW +4.60%71 ROC (Joel Greenblatt) % is 73.23% as of Jun. 2026, which is 28% above its 10-year median of 57.15. GuruFocus rates LTS:0RNW with a GF Score™ of 71/100 and a GF Value™ of kr43.34 (Significantly Overvalued). Among 3,064 Industrial Products companies, Berner Industrier AB ranks better than 93.51% 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. Berner Industrier AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 73.23%.
The historical rank and industry rank for Berner Industrier AB's ROC (Joel Greenblatt) % or its related term are showing as below:
LTS:0RNW'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 25.7 Med: 57.15 Max: 179.37
Current: 70.3
During the past 13 years, Berner Industrier AB's highest ROC (Joel Greenblatt) % was 179.37%. The lowest was 25.70%. And the median was 57.15%.
LTS:0RNW's ROC (Joel Greenblatt) % is ranked better than 93.51% of 3064
companies
in the Industrial Products industry
Industry Median: 11.675
vs LTS:0RNW: 70.30
Berner Industrier AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.10% per year.
Berner Industrier AB (LTS:0RNW) 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.
Berner Industrier AB ROC (Joel Greenblatt) % Related Terms
Berner Industrier AB ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Berner Industrier 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.
Berner Industrier AB ROC (Joel Greenblatt) % Chart
LTS:0RNW vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Berner Industrier 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.
Berner Industrier AB ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Berner Industrier AB's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Berner Industrier AB's ROC (Joel Greenblatt) % falls into.
Berner Industrier AB 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 four times the quarterly (Jun. 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 73.23% mean?
Berner Industrier AB (LTS:0RNW) has a ROC (Joel Greenblatt) % of 73.23% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Berner Industrier AB and its competitors. This is 28% above median its historical median of 57.15. Over the past decade, Berner Industrier AB's ROC (Joel Greenblatt) % has ranged from 25.70 to 179.37. According to the industry distribution chart, Berner Industrier AB ranks #199 out of 3064 companies in the Industrial Products industry, placing it in the top 6.5%.
Is Berner Industrier AB's ROC (Joel Greenblatt) % too high?
Berner Industrier AB's current ROC (Joel Greenblatt) % of 73.23% is 28% above median its 10-year median of 57.15. Over the past 10 years, this metric has ranged from a low of 25.70 to a high of 179.37. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.68. Berner Industrier AB's value of 73.23% is 527.2% above this industry median. Based on the distribution chart, Berner Industrier AB ranks #199 out of 3064 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Berner Industrier AB has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Berner Industrier AB's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Berner Industrier AB ranks #199 out of 3064 companies for ROC (Joel Greenblatt) %. This places Berner Industrier AB in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.68. Berner Industrier AB's value of 73.23% is 527.2% above this benchmark. Historically, Berner Industrier AB's own ROC (Joel Greenblatt) % has ranged from 25.70 to 179.37 over the past decade. While the company's 10-year median is 57.15 vs. the industry median of 11.68, Berner Industrier AB 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 11.68, based on 3,064 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. Berner Industrier AB's current ROC (Joel Greenblatt) % of 73.23% is 527.2% 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 Berner Industrier AB and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berner Industrier AB's current ROC (Joel Greenblatt) % is 73.23%, which is 28% above median its own 10-year median of 57.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berner Industrier AB stock overvalued right now?
Based on GuruFocus' analysis, Berner Industrier AB (LTS:0RNW) is currently considered Significantly Overvalued. The stock's GF Value™ is kr43.34, compared to a current price of kr79.60 — trading 83.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 73.23%, which is 28% above median its 10-year median of 57.15 and 527.2% above the Industrial Products industry median of 11.68. Berner Industrier AB's overall GF Score™ is 71/100. 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 Berner Industrier AB (LTS:0RNW), the current ROC (Joel Greenblatt) % is 73.23% as of Jun. 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 Berner Industrier AB (LTS:0RNW) Overvalued in 2026?
Based on GuruFocus' analysis, Berner Industrier AB stock appears to be overvalued.
The current stock price of kr79.60 is trading 83.7% above its estimated GF Value™ of kr43.34.
GuruFocus considers Berner Industrier AB to be Significantly Overvalued.
Key valuation signals for LTS:0RNW:
ROC (Joel Greenblatt) %: 73.23% (28% above median its 10-year median of 57.15)
GF Value™: kr43.34 vs. price of kr79.60 (83.7% above fair value)
Industry Position: 527.2% above the Industrial Products median (#199 of 3064)
No single metric tells the full story. See the LTS:0RNW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Berner Industrier AB formerly Christian Berner Tech Trade AB and its subsidiaries markets, sells, and delivers components, systems, and services with high technology content. The offer includes quality products, consulting support, system solutions, installation, service, and processing for industry and public sector customers. The group operates in Sweden, Norway, Finland and Denmark.
71GF Score
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