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Meitec Group HoldingsMEITF +1.19%80 ROC (Joel Greenblatt) % is 359.23% as of Mar. 2026, which is 51% above its 10-year median of 237.41. GuruFocus rates MEITF with a GF Score™ of 80/100 and a GF Value™ of $19.56. The stock has 1 warning sign investors should review. Among 1,083 Business Services companies, Meitec Group Holdings ranks better than 93.91% 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. Meitec Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 359.23%.
The historical rank and industry rank for Meitec Group Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
MEITF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 122.89 Med: 237.41 Max: 501.02
Current: 444.34
During the past 13 years, Meitec Group Holdings's highest ROC (Joel Greenblatt) % was 501.02%. The lowest was 122.89%. And the median was 237.41%.
MEITF's ROC (Joel Greenblatt) % is ranked better than 93.91% of 1083
companies
in the Business Services industry
Industry Median: 21.2
vs MEITF: 444.34
Meitec Group Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 23.60% per year.
Meitec Group Holdings (OTCPK:MEITF) 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.
Meitec Group Holdings ROC (Joel Greenblatt) % Related Terms
Meitec Group Holdings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Meitec Group Holdings'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.
Meitec Group Holdings ROC (Joel Greenblatt) % Chart
MEITF vs KFY, RHI, TNET: ROC (Joel Greenblatt) % Comparison
For the Staffing & Employment Services subindustry, Meitec Group Holdings'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.
Meitec Group Holdings ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Meitec Group Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Meitec Group Holdings's ROC (Joel Greenblatt) % falls into.
Meitec Group Holdings 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 (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 359.23% mean?
Meitec Group Holdings (MEITF) has a ROC (Joel Greenblatt) % of 359.23% 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 Meitec Group Holdings and its competitors. This is 51% above median its historical median of 237.41. Over the past decade, Meitec Group Holdings' ROC (Joel Greenblatt) % has ranged from 122.89 to 501.02. According to the industry distribution chart, Meitec Group Holdings ranks #66 out of 1083 companies in the Business Services industry, placing it in the top 6.1%.
Is Meitec Group Holdings' ROC (Joel Greenblatt) % too high?
Meitec Group Holdings' current ROC (Joel Greenblatt) % of 359.23% is 51% above median its 10-year median of 237.41. Over the past 10 years, this metric has ranged from a low of 122.89 to a high of 501.02. The Business Services industry median ROC (Joel Greenblatt) % is 21.20. Meitec Group Holdings' value of 359.23% is 1594.5% above this industry median. Based on the distribution chart, Meitec Group Holdings ranks #66 out of 1083 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Meitec Group Holdings has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Meitec Group Holdings' ROC (Joel Greenblatt) % compare to KFY and RHI?
According to the Business Services industry distribution chart, Meitec Group Holdings ranks #66 out of 1083 companies for ROC (Joel Greenblatt) %. This places Meitec Group Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 21.20. Meitec Group Holdings' value of 359.23% is 1594.5% above this benchmark. Historically, Meitec Group Holdings' own ROC (Joel Greenblatt) % has ranged from 122.89 to 501.02 over the past decade. While the company's 10-year median is 237.41 vs. the industry median of 21.20, Meitec Group Holdings 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 Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.20, based on 1,083 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. Meitec Group Holdings's current ROC (Joel Greenblatt) % of 359.23% is 1594.5% 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 Meitec Group Holdings and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meitec Group Holdings's current ROC (Joel Greenblatt) % is 359.23%, which is 51% above median its own 10-year median of 237.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meitec Group Holdings stock overvalued right now?
Meitec Group Holdings (MEITF) has a current ROC (Joel Greenblatt) % of 359.23%. The stock's GF Value™ is $19.56, compared to a current price of $18.75 — trading 4.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 359.23%, which is 51% above median its 10-year median of 237.41 and 1594.5% above the Business Services industry median of 21.20. Meitec Group Holdings' overall GF Score™ is 80/100 with 1 warning sign 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 Meitec Group Holdings (MEITF), the current ROC (Joel Greenblatt) % is 359.23% 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 Meitec Group Holdings (MEITF) Overvalued in 2026?
Based on GuruFocus' analysis, Meitec Group Holdings stock appears to be undervalued.
The current stock price of $18.75 is trading 4.1% below its estimated GF Value™ of $19.56.
Key valuation signals for MEITF:
ROC (Joel Greenblatt) %: 359.23% (51% above median its 10-year median of 237.41)
GF Value™: $19.56 vs. price of $18.75 (4.1% below fair value)
Industry Position: 1594.5% above the Business Services median (#66 of 1083)
No single metric tells the full story. See the MEITF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meitec Group Holdings Inc formerly Meitec Corp offers staffing in the flexible labour market and engineering solutions for manufacturers. The company provides temporary engineering staffing, senior-workforce development, career development and career change support, global engineering solution outsourcing, prototyping and mold making, mounting and design of circuit boards, and information technology solutions. The core business segment is temporary staffing offering flexible staffing for engineering companies. Meitec operates in Japan.
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