Magellan AerospaceMALJF -4.14%74 ROC (Joel Greenblatt) % is 11.82% as of Mar. 2026, which is 51% above its 10-year median of 7.82. GuruFocus rates MALJF with a GF Score™ of 74/100 and a GF Value™ of $8.18 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 354 Aerospace & Defense companies, Magellan Aerospace ranks worse than 54.52% 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. Magellan Aerospace's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.82%.
The historical rank and industry rank for Magellan Aerospace's ROC (Joel Greenblatt) % or its related term are showing as below:
MALJF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.47 Med: 7.82 Max: 21.59
Current: 8.54
During the past 13 years, Magellan Aerospace's highest ROC (Joel Greenblatt) % was 21.59%. The lowest was -2.47%. And the median was 7.82%.
MALJF's ROC (Joel Greenblatt) % is ranked worse than 54.52% of 354
companies
in the Aerospace & Defense industry
Industry Median: 10.77
vs MALJF: 8.54
Magellan Aerospace's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
Magellan Aerospace ROC (Joel Greenblatt) % Related Terms
Magellan Aerospace ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Magellan Aerospace'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.
MALJF vs SPCX, GE, RTX: ROC (Joel Greenblatt) % Comparison
For the Aerospace & Defense subindustry, Magellan Aerospace'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.
Magellan Aerospace ROC (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Magellan Aerospace'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 11.82% mean?
Magellan Aerospace (MALJF) has a ROC (Joel Greenblatt) % of 11.82% 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 Magellan Aerospace and its competitors. This is 51% above median its historical median of 7.82. According to the industry distribution chart, Magellan Aerospace ranks #193 out of 354 companies in the Aerospace & Defense industry, placing it in the top 54.5%.
Is Magellan Aerospace's ROC (Joel Greenblatt) % too high?
Magellan Aerospace's current ROC (Joel Greenblatt) % of 11.82% is 51% above median its 10-year median of 7.82. The Aerospace & Defense industry median ROC (Joel Greenblatt) % is 10.77. Magellan Aerospace's value of 11.82% is 9.7% above this industry median. Based on the distribution chart, Magellan Aerospace ranks #193 out of 354 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Magellan Aerospace has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magellan Aerospace's ROC (Joel Greenblatt) % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Magellan Aerospace ranks #193 out of 354 companies for ROC (Joel Greenblatt) %. This places Magellan Aerospace in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.77. Magellan Aerospace's value of 11.82% is 9.7% above this benchmark. While the company's 10-year median is 7.82 vs. the industry median of 10.77, Magellan Aerospace 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 Aerospace & Defense company?
The median ROC (Joel Greenblatt) % among Aerospace & Defense companies is 10.77, based on 354 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. Magellan Aerospace's current ROC (Joel Greenblatt) % of 11.82% is 9.7% 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 Magellan Aerospace and its competitors. For the Aerospace & Defense industry, the median ROC (Joel Greenblatt) % is 10.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magellan Aerospace's current ROC (Joel Greenblatt) % is 11.82%, which is 51% above median its own 10-year median of 7.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magellan Aerospace stock overvalued right now?
Based on GuruFocus' analysis, Magellan Aerospace (MALJF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.18, compared to a current price of $23.72 — trading 190% above its estimated fair value. The current ROC (Joel Greenblatt) % is 11.82%, which is 51% above median its 10-year median of 7.82 and 9.7% above the Aerospace & Defense industry median of 10.77. Magellan Aerospace's overall GF Score™ is 74/100 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 Magellan Aerospace (MALJF), the current ROC (Joel Greenblatt) % is 11.82% 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 Magellan Aerospace (MALJF) Overvalued in 2026?
Based on GuruFocus' analysis, Magellan Aerospace stock appears to be overvalued.
The current stock price of $23.72 is trading 190% above its estimated GF Value™ of $8.18.
GuruFocus considers Magellan Aerospace to be Significantly Overvalued.
Key valuation signals for MALJF:
ROC (Joel Greenblatt) %: 11.82% (51% above median its 10-year median of 7.82)
GF Value™: $8.18 vs. price of $23.72 (190% above fair value)
Industry Position: 9.7% above the Aerospace & Defense median (#193 of 354)
No single metric tells the full story. See the MALJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magellan Aerospace Corp supplies components to the aerospace industry. Through its subsidiaries, it engineers and manufactures aero-engine and aerostructure components for aerospace markets, including products for defense and space markets, and complementary specialty products. Some of its product offerings include honeycomb and filament-wound tubes, frames, compressor components, bypass ducts, black brant rockets, and helicopter power transmission housings, among others. The group also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services. It operates activities in one reportable segment, namely Aerospace. Geographically, the group derives its maximum revenue from Canada, followed by the United States and Europe.
74GF Score
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