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MKSMEX:MKSI 60 ROC (Joel Greenblatt) % is 28.13% as of Mar. 2026, which is 28% below its 10-year median of 39.20. GuruFocus rates MEX:MKSI with a GF Score™ of 60/100 and a GF Value™ of MXN2,957.96 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,490 Hardware companies, MKS ranks better than 75.02% 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. MKS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 28.13%.
The historical rank and industry rank for MKS's ROC (Joel Greenblatt) % or its related term are showing as below:
MEX:MKSI'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -71.89 Med: 39.2 Max: 86.49
Current: 26.69
During the past 13 years, MKS's highest ROC (Joel Greenblatt) % was 86.49%. The lowest was -71.89%. And the median was 39.20%.
MEX:MKSI's ROC (Joel Greenblatt) % is ranked better than 75.02% of 2490
companies
in the Hardware industry
Industry Median: 10.445
vs MEX:MKSI: 26.69
MKS'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.
The historical data trend for MKS'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.
MEX:MKSI vs FTV, TDY, TRMB: ROC (Joel Greenblatt) % Comparison
For the Scientific & Technical Instruments subindustry, MKS'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.
MKS ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, MKS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where MKS'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 28.13% mean?
MKS (MEX:MKSI) has a ROC (Joel Greenblatt) % of 28.13% 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 MKS and its competitors. This is 28% below median its historical median of 39.20. According to the industry distribution chart, MKS ranks #622 out of 2490 companies in the Hardware industry, placing it in the top 25%.
Is MKS's ROC (Joel Greenblatt) % too high?
MKS's current ROC (Joel Greenblatt) % of 28.13% is 28% below median its 10-year median of 39.20. The Hardware industry median ROC (Joel Greenblatt) % is 10.45. MKS's value of 28.13% is 169.3% above this industry median. Based on the distribution chart, MKS ranks #622 out of 2490 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, MKS has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MKS's ROC (Joel Greenblatt) % compare to FTV and TDY?
According to the Hardware industry distribution chart, MKS ranks #622 out of 2490 companies for ROC (Joel Greenblatt) %. This places MKS in the top 25% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.45. MKS's value of 28.13% is 169.3% above this benchmark. While the company's 10-year median is 39.20 vs. the industry median of 10.45, MKS 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.45, based on 2,490 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. MKS's current ROC (Joel Greenblatt) % of 28.13% is 169.3% 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 MKS and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MKS's current ROC (Joel Greenblatt) % is 28.13%, which is 28% below median its own 10-year median of 39.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MKS stock overvalued right now?
Based on GuruFocus' analysis, MKS (MEX:MKSI) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,957.96, compared to a current price of MXN6,000.00 — trading 102.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 28.13%, which is 28% below median its 10-year median of 39.20 and 169.3% above the Hardware industry median of 10.45. MKS's overall GF Score™ is 60/100 with 6 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 MKS (MEX:MKSI), the current ROC (Joel Greenblatt) % is 28.13% 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 MKS (MEX:MKSI) Overvalued in 2026?
Based on GuruFocus' analysis, MKS stock appears to be overvalued.
The current stock price of MXN6,000.00 is trading 102.8% above its estimated GF Value™ of MXN2,957.96.
GuruFocus considers MKS to be Significantly Overvalued.
Key valuation signals for MEX:MKSI:
ROC (Joel Greenblatt) %: 28.13% (28% below median its 10-year median of 39.20)
GF Value™: MXN2,957.96 vs. price of MXN6,000.00 (102.8% above fair value)
Industry Position: 169.3% above the Hardware median (#622 of 2490)
No single metric tells the full story. See the MEX:MKSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MKS Inc delivers foundational technology solutions for leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. The company provides instruments, components, subsystems, systems, process control solutions, and specialty chemicals technology that improve process performance and optimize productivity. Its solutions address challenges of miniaturization and complexity in device manufacturing, enabling increased power, speed, and feature enhancement. MKS Inc operates through three divisions: Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Materials Solutions Division (MSD). The company operates in the United States, which generates maximum revenue, as well as China and other countries.
60GF Score
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