Vestas Wind Systems ASMEX:VWS N 74 ROC (Joel Greenblatt) % is 17.72% as of Mar. 2026, which is 64% below its 10-year median of 49.36. GuruFocus rates MEX:VWS N with a GF Score™ of 74/100 and a GF Value™ of MXN472.52 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,064 Industrial Products companies, Vestas Wind Systems AS ranks better than 88.84% 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. Vestas Wind Systems AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.72%.
The historical rank and industry rank for Vestas Wind Systems AS's ROC (Joel Greenblatt) % or its related term are showing as below:
MEX:VWS N'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -85.01 Med: 49.36 Max: 100.52
Current: 48.63
During the past 13 years, Vestas Wind Systems AS's highest ROC (Joel Greenblatt) % was 100.52%. The lowest was -85.01%. And the median was 49.36%.
MEX:VWS N's ROC (Joel Greenblatt) % is ranked better than 88.84% of 3064
companies
in the Industrial Products industry
Industry Median: 11.69
vs MEX:VWS N: 48.63
Vestas Wind Systems AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Vestas Wind Systems AS (MEX:VWS N) 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.
Vestas Wind Systems AS ROC (Joel Greenblatt) % Related Terms
Vestas Wind Systems AS ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Vestas Wind Systems AS'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.
Vestas Wind Systems AS ROC (Joel Greenblatt) % Chart
MEX:VWS N vs GEV, ETN, PH: ROC (Joel Greenblatt) % Comparison
For the Specialty Industrial Machinery subindustry, Vestas Wind Systems AS'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.
Vestas Wind Systems AS ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Vestas Wind Systems AS's ROC (Joel Greenblatt) % falls into.
Vestas Wind Systems AS 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 17.72% mean?
Vestas Wind Systems AS (MEX:VWS N) has a ROC (Joel Greenblatt) % of 17.72% 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 Vestas Wind Systems AS and its competitors. This is 64% below median its historical median of 49.36. According to the industry distribution chart, Vestas Wind Systems AS ranks #342 out of 3064 companies in the Industrial Products industry, placing it in the top 11.2%.
Is Vestas Wind Systems AS's ROC (Joel Greenblatt) % too high?
Vestas Wind Systems AS's current ROC (Joel Greenblatt) % of 17.72% is 64% below median its 10-year median of 49.36. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.69. Vestas Wind Systems AS's value of 17.72% is 51.6% above this industry median. Based on the distribution chart, Vestas Wind Systems AS ranks #342 out of 3064 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Vestas Wind Systems AS has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's ROC (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Vestas Wind Systems AS ranks #342 out of 3064 companies for ROC (Joel Greenblatt) %. This places Vestas Wind Systems AS in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.69. Vestas Wind Systems AS's value of 17.72% is 51.6% above this benchmark. While the company's 10-year median is 49.36 vs. the industry median of 11.69, Vestas Wind Systems AS 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.69, based on 3,064 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. Vestas Wind Systems AS's current ROC (Joel Greenblatt) % of 17.72% is 51.6% 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 Vestas Wind Systems AS and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestas Wind Systems AS's current ROC (Joel Greenblatt) % is 17.72%, which is 64% below median its own 10-year median of 49.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestas Wind Systems AS stock overvalued right now?
Based on GuruFocus' analysis, Vestas Wind Systems AS (MEX:VWS N) is currently considered Fairly Valued. The stock's GF Value™ is MXN472.52, compared to a current price of MXN492.90 — trading 4.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 17.72%, which is 64% below median its 10-year median of 49.36 and 51.6% above the Industrial Products industry median of 11.69. Vestas Wind Systems AS's 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 Vestas Wind Systems AS (MEX:VWS N), the current ROC (Joel Greenblatt) % is 17.72% 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 Vestas Wind Systems AS (MEX:VWS N) Overvalued in 2026?
Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be overvalued.
The current stock price of MXN492.90 is trading 4.3% above its estimated GF Value™ of MXN472.52.
GuruFocus considers Vestas Wind Systems AS to be Fairly Valued.
Key valuation signals for MEX:VWS N:
ROC (Joel Greenblatt) %: 17.72% (64% below median its 10-year median of 49.36)
GF Value™: MXN472.52 vs. price of MXN492.90 (4.3% above fair value)
Industry Position: 51.6% above the Industrial Products median (#342 of 3064)
No single metric tells the full story. See the MEX:VWS N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
74GF Score
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