OricaMEX:ORICN 76 ROC (Joel Greenblatt) % is 11.79% as of Mar. 2026, which is 28% below its 10-year median of 16.47. GuruFocus rates MEX:ORICN with a GF Score™ of 76/100. The stock has 9 warning signs investors should review. Among 1,612 Chemicals companies, Orica ranks better than 70.97% 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. Orica's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.79%.
The historical rank and industry rank for Orica's ROC (Joel Greenblatt) % or its related term are showing as below:
MEX:ORICN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.95 Med: 16.47 Max: 26.7
Current: 17.64
During the past 13 years, Orica's highest ROC (Joel Greenblatt) % was 26.70%. The lowest was -1.95%. And the median was 16.47%.
MEX:ORICN's ROC (Joel Greenblatt) % is ranked better than 70.97% of 1612
companies
in the Chemicals industry
Industry Median: 9.38
vs MEX:ORICN: 17.64
Orica'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 Orica'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:ORICN vs LIN, SHW, ECL: ROC (Joel Greenblatt) % Comparison
For the Specialty Chemicals subindustry, Orica'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.
Orica ROC (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Orica's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Orica'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 two times the semi-annual (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 11.79% mean?
Orica (MEX:ORICN) has a ROC (Joel Greenblatt) % of 11.79% 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 Orica and its competitors. This is 28% below median its historical median of 16.47. According to the industry distribution chart, Orica ranks #468 out of 1612 companies in the Chemicals industry, placing it in the top 29%.
Is Orica's ROC (Joel Greenblatt) % too high?
Orica's current ROC (Joel Greenblatt) % of 11.79% is 28% below median its 10-year median of 16.47. The Chemicals industry median ROC (Joel Greenblatt) % is 9.38. Orica's value of 11.79% is 25.7% above this industry median. Based on the distribution chart, Orica ranks #468 out of 1612 companies in the Chemicals industry, which is above the industry midpoint. Overall, Orica has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Orica's ROC (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Orica ranks #468 out of 1612 companies for ROC (Joel Greenblatt) %. This puts Orica in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.38. Orica's value of 11.79% is 25.7% above this benchmark. While the company's 10-year median is 16.47 vs. the industry median of 9.38, Orica 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 Chemicals company?
The median ROC (Joel Greenblatt) % among Chemicals companies is 9.38, based on 1,612 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. Orica's current ROC (Joel Greenblatt) % of 11.79% is 25.7% 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 Orica and its competitors. For the Chemicals industry, the median ROC (Joel Greenblatt) % is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orica's current ROC (Joel Greenblatt) % is 11.79%, which is 28% below median its own 10-year median of 16.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orica stock overvalued right now?
Orica (MEX:ORICN) has a current ROC (Joel Greenblatt) % of 11.79%. The current ROC (Joel Greenblatt) % is 11.79%, which is 28% below median its 10-year median of 16.47 and 25.7% above the Chemicals industry median of 9.38. Orica's overall GF Score™ is 76/100 with 9 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 Orica (MEX:ORICN), the current ROC (Joel Greenblatt) % is 11.79% 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.
Orica is a leading global manufacturer and supplier of explosives and chemicals, primarily to the mining industry. It has operations in around 50 countries across six continents. Blasting solutions to the mining industry is the chief earnings engine. Orica has an approximate 28% share of the global commercial explosives market. It provided resins, steel bolts, and other products for underground mining and tunneling though this business is now sold. It also supplies chemicals such as sodium cyanide to the mining industry.
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