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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. Fortune Brands Innovations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.33%.
The historical rank and industry rank for Fortune Brands Innovations's ROC (Joel Greenblatt) % or its related term are showing as below:
MEX:FBIN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 26.09 Med: 47.91 Max: 64.39
Current: 26.09
During the past 13 years, Fortune Brands Innovations's highest ROC (Joel Greenblatt) % was 64.39%. The lowest was 26.09%. And the median was 47.91%.
MEX:FBIN's ROC (Joel Greenblatt) % is ranked better than 58.19% of 1782
companies
in the Construction industry
Industry Median: 19.6
vs MEX:FBIN: 26.09
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.
* 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.
MEX:FBIN vs LPX, TREX, GFF: ROC (Joel Greenblatt) % Comparison
For the Building Products & Equipment subindustry, Fortune Brands Innovations'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.
Fortune Brands Innovations ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Fortune Brands Innovations's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Fortune Brands Innovations'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 13.33% mean?
Fortune Brands Innovations (MEX:FBIN) has a ROC (Joel Greenblatt) % of 13.33% 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 Fortune Brands Innovations and its competitors. This is 72% below median its historical median of 47.91. Over the past decade, Fortune Brands Innovations' ROC (Joel Greenblatt) % has ranged from 26.09 to 64.39. According to the industry distribution chart, Fortune Brands Innovations ranks #745 out of 1782 companies in the Construction industry, placing it in the top 41.8%.
Is Fortune Brands Innovations' ROC (Joel Greenblatt) % too high?
Fortune Brands Innovations' current ROC (Joel Greenblatt) % of 13.33% is 72% below median its 10-year median of 47.91. Over the past 10 years, this metric has ranged from a low of 26.09 to a high of 64.39. The Construction industry median ROC (Joel Greenblatt) % is 19.60. Fortune Brands Innovations' value of 13.33% is 32% below this industry median. Based on the distribution chart, Fortune Brands Innovations ranks #745 out of 1782 companies in the Construction industry, which is above the industry midpoint. Overall, Fortune Brands Innovations has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Brands Innovations' ROC (Joel Greenblatt) % compare to LPX and TREX?
According to the Construction industry distribution chart, Fortune Brands Innovations ranks #745 out of 1782 companies for ROC (Joel Greenblatt) %. This puts Fortune Brands Innovations in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.60. Fortune Brands Innovations' value of 13.33% is 32% below this benchmark. Historically, Fortune Brands Innovations' own ROC (Joel Greenblatt) % has ranged from 26.09 to 64.39 over the past decade. While the company's 10-year median is 47.91 vs. the industry median of 19.60, Fortune Brands Innovations has consistently been below 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 19.60, 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. Fortune Brands Innovations's current ROC (Joel Greenblatt) % of 13.33% is 32% below 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 Fortune Brands Innovations 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. Fortune Brands Innovations's current ROC (Joel Greenblatt) % is 13.33%, which is 72% below median its own 10-year median of 47.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Brands Innovations stock overvalued right now?
Fortune Brands Innovations (MEX:FBIN) has a current ROC (Joel Greenblatt) % of 13.33%. The stock's GF Value™ is MXN2,121.07, compared to a current price of MXN1,575.00 — trading 25.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 13.33%, which is 72% below median its 10-year median of 47.91 and 32% below the Construction industry median of 19.60. Fortune Brands Innovations' overall GF Score™ is 74/100 with 4 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 Fortune Brands Innovations (MEX:FBIN), the current ROC (Joel Greenblatt) % is 13.33% 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 Fortune Brands Innovations (MEX:FBIN) Overvalued in 2026?
Based on GuruFocus' analysis, Fortune Brands Innovations stock appears to be undervalued.
The current stock price of MXN1,575.00 is trading 25.7% below its estimated GF Value™ of MXN2,121.07.
Key valuation signals for MEX:FBIN:
ROC (Joel Greenblatt) %: 13.33% (72% below median its 10-year median of 47.91)
GF Value™: MXN2,121.07 vs. price of MXN1,575.00 (25.7% below fair value)
Industry Position: 32% below the Construction median (#745 of 1782)
No single metric tells the full story. See the MEX:FBIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortune Brands is a US-based homebuilding products company that sells building-related products serving R&R and new construction markets. The company operates in three segments: water, outdoors, and security. Water innovation, including plumbing fixtures and faucets, accounts for around 55% of total sales and features brands such as Moen, House of Rohl, and Aqualisa. The outdoors segment includes decking, railing, and doors and makes up 30% of total sales, featuring brands such as Larson, Fiberon, and Therma-Tru. The security segment, which includes smart residential padlocks, accounts for the remaining 15% of sales and features brands such as MasterLock, SentrySafe, Yale, and AmericanLock.
74GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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